Associate/AM, Finance (Accounts, Operations & Systems)

Great Eastern; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading financial services provider is seeking an Associate/AM in Finance to assist in finance operations, focusing on tasks like monthly closing activities, expense allocation, and bank reconciliations. Candidates must have at least a degree in Accounting or Finance, with fresh graduates encouraged to apply. Experience in audit or financial institutions is an advantage. The role requires analytical thinking and relevant computer skills, as well as strong communication abilities. This position is crucial for enhancing the efficiency of finance operations.

Qualifications

• Degree holder in a relevant field or a recognised accounting qualification.
• Fresh graduates are encouraged to apply.
• 1-2 years of experience in related fields is an advantage.

Responsibilities

• Assist in leading the team in Finance Operations focusing on monthly closing activities.
• Complete monthly bank and account reconciliations on time.
• Prepare monthly aging analysis for bank and account balances.

Skills

Analytical thinking

Good written and verbal communication skills

Interpersonal skills

Relevant computer application skills

Education

Degree in Accounting/Finance/Business Administration

Professional accounting qualification (e.g., LOMA, MII)

Tools

Microsoft Excel

SQL

Excel VBA

Job description

Associate/AM, Finance (Accounts, Operations & Systems)

The role is to assist the Finance Assistant Manager and Manager in leading the team in Finance Operations, with key focus on monthly closing activities, expense allocation, bank and accounts reconciliation, daily operations, and managing other assignments as they arise.

• Involve in the monthly closing activities and daily tasks by the stipulated timelines.
• Complete monthly bank and account reconciliations as per stipulated timelines.
• Ensure all reconciliations are properly prepared, reviewed and all outstanding items are itemized with reasons, and actions are taken as specified in the Standard Operating Procedures (SOPs) unless a valid reason exists.
• Prepare and review the monthly aging analysis for the bank and account balances; ensure accuracy and elevate to business users for necessary actions.
• Ensure interfund settlement is settled on a weekly basis.
• Perform/review and support financial closing activities within the stipulated timeframe.
• Perform/review bank and account reconciliations and ensure clearance within the stipulated timeframe, liaising with various user departments.
• Perform/review and support daily finance operations activities (e.g., cash‑flow projection, payment voucher coding, supplier bank assignment, etc.).
• Perform/review submissions to regulators (e.g., Bank Negara Malaysia, Registrar of Unclaimed Money, etc.).
• Assist in handling finance‑related queries and requirements from Group Finance.
• Implement processes to improve productivity and efficiency of finance operations and reconciliation.
• Review daily cash‑flow activities performed by the Cash‑flow preparer & supplier maintenance.
• Assist in formulating, developing and ensuring the SOPs are reviewed and updated yearly to reflect actual practice.
• Liaise with the bank for all outstanding payments or collections requiring further information.
• Assist in project management and testing (e.g., project centralisation and Oracle Fusion).
• Demonstrate functional competencies in financial applications, transaction processing, and best practices, and behavioural competencies such as information seeking, concern for order and quality, passion for excellence, integrity, teamwork and cooperation.

Qualifications

• Degree holder in Accounting/Finance/Business Administration or a recognised professional accounting qualification, or a qualification in Life Insurance Operations (e.g., LOMA, MII).
• Fresh graduates are encouraged to apply.
• 1–2 years of experience in Audit, Life Insurance or Financial Institutions is an added advantage.
• Relevant computer application skills (e.g., Microsoft Excel, SQL, Excel VBA) are an added advantage.
• Good written and verbal communication skills.
• Analytical thinking, interpersonal skills, pro‑activeness, cross‑functional knowledge, teamwork and cooperation, sense of urgency, financial transaction processing, and information gathering and analysis.

How you succeed

• Champion and embody core values in everyday tasks and interactions.
• Demonstrate a high level of integrity and accountability.
• Take initiative to drive improvements and embrace change.
• Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively.
• Stay abreast of industry trends, regulatory compliance, and emerging threats and technologies to proactively highlight potential concerns or risks.