ASSISTANT FINANCE AND ACCOUNT MANAGER

HEADLINES INTERNATIONAL SDN. BHD.; Ipoh; On-site; MYR 120,000 - 180,000; Full time

Job summary

Headlines International Sdn. Bhd. is seeking a Finance and Accounts Manager in Ipoh to lead financial reporting, budgeting, and cash flow management for the hotel sector.

You will oversee accounting, procurement, tax compliance, and financial analysis to support strategic decisions and group alignment.

Qualifications

• Bachelor’s degree in Finance, Accounting or related field; MBA/ACCA preferred.
• 8-10 years progressive finance experience, with at least 3 years in management.
• Strong understanding of accounting principles, financial regulations and compliance.
• Proficiency in English, Bahasa Malaysia and Mandarin is advantageous.
• Discretion with sensitive information and confidentiality.
• Strong MS Office skills and experience with accounting software/HMS.

Responsibilities

• Prepare and finalize annual financial statements and monthly/quarterly management accounts.
• Develop and maintain budgets with multiple departments.
• Monitor expenditures and revenues against budgeted figures.
• Oversee timely processing of payments to vendors.
• Manage daily cash flow and liquidity.
• Prepare cash flow forecasts and advise on surplus investments.
• Ensure compliance with Malaysia tax laws and regulations.
• Stay updated with accounting standards and regulatory changes.
• Oversee procurement to ensure financial prudence.
• Collaborate with revenue on pricing strategies to maximize room revenue.
• Analyze occupancy, pricing models and market conditions for decisions.
• Provide financial insights for long-term hotel growth and expansion.
• Support investment appraisals and capital projects.
• Analyze operational costs and implement cost-saving measures.
• Prepare and present financial information to management.

Skills

Finance management

Budgets & forecasting

Financial analysis

Stakeholder communication

Cost control

Languages (English/Bahasa Mandarin)

Education

Bachelor’s degree in Finance/Accounting or related field

MBA or ACCA preferred

Tools

Excel

Accounting software

Hotel property management system (HMS)

PowerPoint

Job description

1. Preparation and finalization of annual financial statements, monthly and quarterly management accounts, monthly cash flow forecast and annual estimates for discussion with local and HQ Management.

2. Analyze financial data to identify trends, variances and opportunities for improvement.

3. Develop and maintain budgets in collaboration with various departments (e.g, sales, operations)

4. Monitor expenditures and revenues to ensure alignment with budgeted figures

5. Oversee the timely and accurate processing of payment to vendors and suppliers.

6. Manage daily cash flow to ensure adequate liquidity for operations

7. Prepare cash flow forecasts and advise on investment opportunities for surplus funds

8. Ensure the financial statements is compliance with Malaysia tax law (corporate tax, service tax, tourism tax, etc.)

9. Stay updated with changes in accounting standards and regulatory requirements

10. Oversee procurement processes to ensure financial prudence in purchasing supplies and services

11. Collaborate with the revenue management team to maximize room revenue through pricing strategies

12. Analyze data from occupancy rates, pricing models and market conditions to inform decision-making.

13. Provide financial insights to support long-term strategic planning for hotel growth and expansion

14. Work with management on investment appraisals and capital projects

15. Analyze hotel operational costs and work with other departments to implement cost -saving measures.

Qualification & Experience

1. Bachelor’s degree in Finance, Accounting or related field, MBA or ACCA preferred

2. Minimum of 8-10 years of progressive experience in finance, with at least 3 years in managerial position

3. Strong understanding of accounting principles, financial regulations and compliance requirement

4. Proficiency in English, Bahasa Malaysia and Mandarin in advantageous

5. Discretion in handling sensitive information and maintaining confidentiality

6. Strong Microsoft Office skills (Word, Excel & PowerPoint), experience on accounting software and hotel-specific property management system is a plus.

Unlock job insights

Hirer responsiveness Salary match Number of applicants

Hotel & Accommodation Services 101-1,000 employees

Established on 17 October 2011, Headlines International Sdn. Bhd. is a diversified group with businesses spanning Hospitality, Food & Beverage, Beauty & Wellness, Sawmill, Timber Plantation, and Property Development. Within a short span of five years, the Group grew to over 200 employees and gained strong recognition for its brands, quality, and services.

Our hospitality arm includes the 1969 Hotel Group, featuring 1969 DKelly, a branded hotel offering premium accommodation, refined dining, and personalised service. Guided by our vision to create a better life for all through creativity and continuous innovation, we value our people and provide strong career growth opportunities.

Established on 17 October 2011, Headlines International Sdn. Bhd. is a diversified group with businesses spanning Hospitality, Food & Beverage, Beauty & Wellness, Sawmill, Timber Plantation, and Property Development. Within a short span of five years, the Group grew to over 200 employees and gained strong recognition for its brands, quality, and services.

Our hospitality arm includes the 1969 Hotel Group, featuring 1969 DKelly, a branded hotel offering premium accommodation, refined dining, and personalised service. Guided by our vision to create a better life for all through creativity and continuous innovation, we value our people and provide strong career growth opportunities.

What can I earn as a Finance and Accounts Manager