Assistant Manager - Group Finance & Asset Management (Management Accounting)

Edra Power Holdings Sdn Bhd; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

Edra Power Holdings Sdn Bhd in Malaysia seeks an Assistant Manager in Group Finance & Asset Management (Management Accounting) to oversee management accounting, reporting, budgeting and group consolidation.

You will assist in periodical financial reporting, KPI tracking, policy compliance, and internal controls while coordinating with project companies and holding entities to ensure accurate distributions and financial integrity.

Qualifications

• Bachelor's degree in Banking / Accounting / Finance or related field.
• Minimum 7 years' experience in related field, with at least 3 years in a similar capacity.
• Experience in consolidation of group accounts is a must.
• Strong interpersonal skills, meticulous and possess strong interest in numerical and financial analysis.
• Proficient in MS Office, especially Microsoft Excel.
• Sound knowledge of applicable accounting standards and financial reporting requirements.

Responsibilities

• Assist in the preparation and reporting of periodical financials, KPIs, and related reports.
• Assist in management of accounting policies, risk management and internal controls.
• Assist in annual budgeting, forecasting and consolidation for Group budgets and projections.
• Prepare benchmarking reports for plants and the Group.
• Cost controlling and supporting statutory audited accounts preparation.
• Ensure compliance with laws and loan/financial agreements; support RAM rating exercises.
• Gather and analyze financial information for internal or external use.

Skills

Management accounting

Consolidation

Financial analysis

People mgmt

Excel

Financial reporting

Communication skills

Education

Bachelor's degree in accounting/finance

Tools

Accounting software

Job description

Assistant Manager - Group Finance & Asset Management (Management Accounting)

Manager in Group Finance, Management Accounting section, responsible for management accounting related matters including Group Management reporting, Group annual budget & projection. Contribute to ad hoc projects and financial analyses, and facilitate the flow of distributions from project companies to holding companies and/or shareholders.

Key responsibilities

Assist in the preparation and reporting of periodical financials, key performance indicators, financial issues and related reports.

Assist in the management of related areas such as accounting and financial reporting policies, risk management and internal controls.

Assist in preparation of annual budgeting, financial forecast and projections including consolidation for Group budget, forecast and projections.

Prepare benchmarking report for plants & Group.

Cost controlling.

Assist in providing required info for preparation of statutory audited accounts.

Ensure compliance with relevant legislation's, commercial and loan agreements in so far as they are related to financial matters.

Compliance with private debt securities agreements including submission of half yearly and annual accounts, compliance certificate, etc. to the Trustee and/or Facility Agent.

Compile information for RAM rating & support international rating review exercise.

Gathering and analysing financial information for internal or external use.

About you

Bachelor's Degree in Banking / Accounting / Finance or in any relevant field.

Minimum 7 years' experience in related field, with minimum 3 years in similar capacity but not limited to similar industry.

Experience in people management.

Experience in consolidation of group accounts is a must.

Strong interpersonal skills, meticulous and possess strong interest in numerical and financial analysis.

Good communication and written skills and sound technical knowledge of applicable accounting standards and financial reporting requirements, tax and other related laws/compliances.

Well versed in accounting package and related systems.

Well versed in Microsoft Office especially Microsoft Excel.

Edra Power Holdings Sdn Bhd (“Edra”) owns and operates 8 power plants in Malaysia, Egypt and Bangladesh. It also has investments in a power asset in Pakistan, as well as a power and desalination asset in the United Arab Emirates.

Edra is the second largest independent power producer (IPP) in Malaysia, with a total generating capacity of 5,087 MW and effective capacity of 4,568.3 MW from its 5 power plants, which consist of 3 combined cycle gas turbine plants (one with co‑generation facilities), one coal‑fired sub‑critical thermal power plant and one large scale solar photovoltaic plant.

In Egypt, the Group owns and operates one 682.5 MW gas‑fired conventional thermal power.

In Bangladesh, the Group owns and operates two CCGT power plants, with a total generating capacity of 810 MW and effective capacity of 445.5 MW.

The Group has an investment in a 157 MW combined cycle gas‑fired baseload power station located in Pakistan. Its effective capacity is 36 MW.

Edra is also part of a consortium that owns and operates the Taweelah B IWPP, the largest independent water and power project in the UAE. The Group has a 10.0 % effective interest in the Taweelah B IWPP, which has a total power generation and desalination capacity of 2,000 MW and 160 MIGD.

The Group’s revenues are mainly derived from the available capacity and electrical energy produced by its power plants to the off‑taker under their respective Power Purchase Agreements ("PPAs").

Tenaga Nasional Berhad is our sole off‑taker in Malaysia, while Egyptian Electricity Holding Company and Bangladesh Power Development Board are our sole off‑takers in Egypt and Bangladesh respectively. These off‑takers are either government or government‑linked entities. Our PPAs in Egypt and Bangladesh are guaranteed by the Central Bank of Egypt and Government of Bangladesh respectively, with the substantial majority of payments either denominated in, or indexed to, the USD.

Edra is led by experienced management teams with deep industry knowledge, expertise and established track records, which are further supported by strategic partnerships with reputable global players.

We are looking forward to further expansion opportunities in the markets where we already have a strong foothold as well as in new areas.

Edra Power Holdings Sdn Bhd (“Edra”) owns and operates 8 power plants in Malaysia, Egypt and Bangladesh. It also has investments in a power asset in Pakistan, as well as a power and desalination asset in the United Arab Emirates.

Edra is the second largest independent power producer (IPP) in Malaysia, with a total generating capacity of 5,087 MW and effective capacity of 4,568.3 MW from its 5 power plants, which consist of 3 combined cycle gas turbine plants (one with co‑generation facilities), one coal‑fired sub‑critical thermal power plant and one large scale solar photovoltaic plant.

In Egypt, the Group owns and operates one 682.5 MW gas‑fired conventional thermal power.

In Bangladesh, the Group owns and operates two CCGT power plants, with a total generating capacity of 810 MW and effective capacity of 445.5 MW.

The Group has an investment in a 157 MW combined cycle gas‑fired baseload power station located in Pakistan. Its effective capacity is 36 MW.

Edra is also part of a consortium that owns and operates the Taweelah B IWPP, the largest independent water and power project in the UAE. The Group has a 10.0 % effective interest in the Taweelah B IWPP, which has a total power generation and desalination capacity of 2,000 MW and 160 MIGD.

The Group’s revenues are mainly derived from the available capacity and electrical energy produced by its power plants to the off‑taker under their respective Power Purchase Agreements ("PPAs").

Tenaga Nasional Berhad is our sole off‑taker in Malaysia, while Egyptian Electricity Holding Company and Bangladesh Power Development Board are our sole off‑takers in Egypt and Bangladesh respectively. These off‑takers are either government or government‑linked entities. Our PPAs in Egypt and Bangladesh are guaranteed by the Central Bank of Egypt and Government of Bangladesh respectively, with the substantial majority of payments either denominated in, or indexed to, the USD.

Edra is led by experienced management teams with deep industry knowledge, expertise and established track records, which are further supported by strategic partnerships with reputable global players.

We are looking forward to further expansion opportunities in the markets where we already have a strong foothold as well as in new areas.

Perks and benefits

We offer competitive compensation and benefits pac

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