Assistant Manager, Accounts

IOI Palm Wood Sdn Bhd; Segamat; On-site; MYR 60,000 - 90,000; Full time

Job summary

IOI Palm Wood Sdn Bhd in Segamat, Johor, Malaysia, is seeking an Assistant Accounts Manager to lead the monthly closing, review journal entries, and supervise inventory and reporting. You will prepare management analyses, coordinate audits, and assist with budgeting and tax filings while mentoring junior staff.

The role demands accuracy, timeliness and strong collaboration with the Finance Manager and senior management. This position is based on-site at our Johor plant.

Responsibilities

• Lead the monthly financial accounts closing process and ensure reports are accurate and timely in line with MFRS.
• Review and approve journal entries, payment vouchers, receipts and all accounting entries posted by junior staff.
• Supervise monthly inventory stocktakes and resolve discrepancies.
• Review and verify AR/AP reports, bank reconciliations, vouchers and inventory reports.
• Prepare monthly financial and costing analyses and present to Finance Manager and senior management.
• Coordinate audit schedules and respond to audit queries to ensure timely clearance of issues.
• Prepare tax schedules and assist with annual income tax filings including CP204A submissions.
• Assist in annual budget preparation and quarterly forecasting.
• Liaise with auditors, tax agents and regulatory authorities to ensure compliance.
• Mentor and guide Accounts staff and support the Finance Manager in special projects.

Skills

Financial closing

Accounting supervision

Budgeting and forecasting

Taxation knowledge

Auditing coordination

Mentoring

Job description

IOI Palm Wood Sdn Bhd (IOI Palm Wood) is a subsidiary of IOI Corporation Berhad, a leading global integrated and sustainable palm oil player that is listed on the Main Market of Bursa Malaysia Securities Berhad.

Established in 2020, we are Malaysia's first manufacturing plant to commercially and sustainably convert unused oil palm trunks into eco-friendly, sustainable and high-performance palm wood panels for the furniture and building industries.

Role Description

• Lead the monthly financial accounts closing process and ensure financial reports are prepared accurately and on a timely basis in compliance with MFRS.
• Review and approve journal entries, payment vouchers, receipts, and all accounting entries posted by the Accounts Executive and Accounts Officers, ensuring completeness and accuracy.
• Supervise monthly inventory stocktakes and resolve inventory-related discrepancies, ensuring inventories are completely and accurately reflected in financial accounts and reports.
• Review and verify all work outputs prepared by the Accounts Executive and Accounts Officers, including but not limited to Accounts Receivable and Accounts Payable reports, bank reconciliations, payment vouchers, and inventory reports.
• Prepare monthly financial performance analysis and costing analysis of high quality on a timely basis, and present findings to the Finance Manager and senior management.
• Coordinate and lead the preparation of audit schedules, information and supporting data required by external and internal auditors; attend to audit queries and ensure timely clearance of audit issues.
• Prepare tax schedules, data and information required by the tax agent; attend to queries for finalisation of the company's annual income tax filing, including quarterly tax provision computations and revision of estimated tax payables (6th, 9th, and 11th month CP204A submissions).
• Assist the Finance Manager in the annual budget preparation process and quarterly forecasting exercises.
• Liaise with auditors, tax agents, company secretaries, regulatory authorities, and other departments to ensure full compliance with statutory, audit, and regulatory requirements.
• Provide mentoring, coaching, and day-to-day guidance to the Accounts Executive and Accounts Officers, and ensure the smooth operation of the department in the absence of the Finance Manager.
• Support the Finance Manager in planning, implementing, and executing business projects and special assignments as required.
• Perform any other tasks and assignments assigned by the Finance Manager or CEO from time to time.

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Your application will include the following questions:

• Which of the following statements best describes your right to work in Malaysia?
• What's your expected monthly basic salary?
• How many years' experience do you have as an Assistant Accounts Manager?
• Which of the following types of qualifications do you have?
• Do you have Costing Analysis experience?