Assistant Finance Manager

Idealseed Resources Sdn Bhd; Shah Alam; On-site; MYR 180,000 - 240,000; Full time

Job summary

Idealseed Resources Sdn Bhd is seeking an Assistant Finance Manager to support the Group Finance function, focusing on group consolidation, financial reporting, and corporate finance activities. The role requires strong accounting knowledge and hands-on consolidation experience to work with internal units and external auditors, tax advisors, bankers, and other financial institutions.

You will oversee consolidation of subsidiaries, prepare financial statements, and coordinate with auditors, tax

Qualifications

• Bachelor's degree in Accounting, Finance, or related discipline.
• Professional qualifications ACCA, MIA, or CPA preferred.

Responsibilities

• Manage and coordinate monthly, quarterly, and annual Group consolidation reporting activities.
• Prepare consolidated financial statements under MFRS/IFRS and regulatory requirements.
• Review subsidiaries' reporting packages for accuracy and timeliness.
• Perform consolidation adjustments including intercompany eliminations and currency translations.
• Support preparation of consolidated financial statements and notes disclosures.
• Provide analytical insights on group performance and key movements.
• Coordinate with external auditors during year-end audits and group reporting.

Skills

MFRS/IFRS

Excel

Consolidation tools

Education

Bachelor's degree in Accounting/Finance

ACCA

MIA

CPA

Tools

ERP systems

Consolidation software

Job description

Job Purpose
The Assistant Finance Manager will be responsible for supporting the Group Finance function, with primaryfocus on group consolidation, financial reporting, corporate finance activities, and stakeholder management.
The role requires strong technical accounting knowledge, hands-on experience in consolidation processes, andthe ability to work closely with internal business units and external professional parties including auditors, taxadvisors, bankers, and other financial institutions.

• Manage and coordinate monthly, quarterly, and annual Group consolidation reporting activities including consolidation of subsidiaries, associates, and joint ventures.
• Prepare consolidated financial statements in accordance with Malaysian Financial Reporting
• Standards (MFRS) / International Financial Reporting Standards (IFRS) and relevant regulatory requirements.
• Review subsidiaries' financial reporting packages and ensure accuracy, completeness, and timely submission.
• Perform consolidation adjustments including:
  o Intercompany elimination entries
  o Unrealised profit elimination
  o Intercompany balance reconciliation
  o Foreign currency translation adjustments
  o Goodwill and impairment assessment
  o Non-controlling interest (NCI) computation
  o Equity consolidation adjustments
• Support preparation of consolidated:
  o Statement of Financial Position
  o Statement of Profit or Loss
  o Statement of Changes in Equity
  o Statement of Cash Flows
  o Financial statement notes disclosures
• Review financial results and provide analytical insights on group performance, financial trends, and key movements.

2. Corporate Finance Function

• Support corporate finance initiatives including financial analysis, business evaluation, and strategicprojects.
• Prepare management presentations, financial reports, and board papers when required.
• Perform financial analysis on profitability, cash flow, working capital, and business performance indicators.
• Act as key contact person in coordinating with external auditors during:
  o Year-end audit
  o Interim audit
  o Group reporting audit
  o Special audit assignments
• Prepare audit schedules, supporting documents, and respond to audit queries promptly.
• Coordinate with tax agents on:
  o Corporate tax compliance
  o Tax computation review
  o Tax planning initiatives
  o Tax audit matters
• Liaise with other professional advisors on accounting, regulatory, and corporate matters.

4. Process Improvement & Internal Control

• Identify opportunities to improve finance processes, reporting efficiency, and internal controls.
• Support implementation and enhancement of:
  o Consolidation processes
  o Financial reporting templates
  o ERP/accounting system improvements
  o Standard operating procedures (SOP)
• Ensure compliance with company policies, accounting standards, and regulatory requirements.

Candidate Requirements

2. Education & Professional Qualification

• Bachelor's Degree in Accounting, Finance, or related discipline.
• Professional qualification preferred:
  o Association of Chartered Certified Accountants (ACCA)
  o Malaysian Institute of Accountants (MIA)
  o Certified Public Accountant (CPA)

2. Experience

• Minimum 7-10 years of relevant accounting experience.
• Prefer candidates with experience from:
  o Big 4 audit firms
  o Mid-tier audit firms
  o Listed companies
  o Large multinational corporations
  o Group finance environments

3. Technical Skills

• Strong understanding of MFRS/IFRS accounting standards
• Strong Excel skills including:
  o Experience with ERP/accounting systems and consolidation tools is advantageous.