Finance Commercial - Senior Executive

Haier Electrical Appliances (M) Sdn Bhd; Subang Jaya; On-site; MYR 150,000 - 200,000; Full time

Job summary

An established industry player is seeking a meticulous Senior Executive to oversee financial operations. This role is critical in ensuring accurate financial reporting, compliance with regulations, and providing insights to the Finance Team. You will assist in month-end and year-end closing processes, conduct financial analysis, and manage budgeting and forecasting activities. This position offers a unique opportunity to contribute significantly to the financial health of the organization while working closely with various departments. If you are organized, detail-oriented, and passionate about finance, this is the perfect opportunity for you to shine.

Qualifications

• Strong analytical skills to ensure accurate financial reporting.
• Experience with financial analysis and modeling is essential.

Responsibilities

• Assist in month-end and year-end closing processes.
• Conduct financial analysis to identify trends and variances.
• Prepare and manage the annual budgeting process.

Skills

Analytical Skills

Financial Reporting

Budgeting

Forecasting

Attention to Detail

Education

Bachelor's Degree in Finance or Accounting

Professional Accounting Qualification

Tools

Accounting Software

Job description

We are seeking a Commercial - Senior Executive to oversee various financial and accounting tasks critical to our operations. The ideal candidate will be meticulous, organized, and possess strong analytical skills to ensure accurate financial reporting and compliance with regulatory standards. This role involves crucial support to daily financial operations and offers valuable insights to the Finance Team.

Your day-to-day with us:

Closing of Accounts

• Assist in month-end and year-end closing processes to ensure timely and accurate financial reporting.
• Ensuring all financial transactions for the month are accurately recorded and meticulously reviewed in the accounting system.
• Checking and verifying the accuracy of financial events such as revenue recognition, cost, expenses, provisions, and accruals.

Financial Reporting and Analysis

• Conduct financial analysis to identify trends, variances, and areas for improvement.
• Compile and analyze gross sales data, providing insights into revenue trends, analysis of profitability by business segment, product line, or customer.

Budgeting and Forecasting

• Preparing and managing the annual budgeting process, ensuring alignment with the company’s strategic objectives.
• Working with department HODs to gather budget inputs and insights. Ensure they are aligned with overall company goals and financial guidelines.
• Regularly reviewing and updating forecasts based on actual performance and changes in the business environment to ensure accuracy and relevance.

Accounting Policy

• Validate monthly Gross Margin and monitor COGS.
• Regularly review Customer Policy & Contract, supporting business development if needed.
• Work closely with Sales team on GTO simulation review and ensure the monthly accrual calculation is aligned with trading terms signed.
• Validate PO before the order is placed.

Variance Analysis

• Provide detailed explanations and recommendations for any discrepancies identified.
• Work closely with other functional departments to understand the causes of variances and assist in developing action plans.

Other related duties as assigned

• Support other functions within the team.
• Support and undertake ad hoc tasks or assignments as required from time to time.
• Handle accounting and/or financing-related matters including financial planning and projection or forecast to support management decision.
• Ensure all financial and accounting transactions are in accordance with company policies.
• Assist in company E-Invoicing process and implementation.
• Provide leadership, coaching, and development opportunities for team members to enhance their skills and performance.

How do your skills match this job?

Your application will include the following questions:

• Which of the following types of qualifications do you have?
• Which of the following statements best describes your right to work in Malaysia?
• How many years' experience do you have as a Commercial Executive?
• What's your expected monthly basic salary?
• How many years' experience do you have as an Assistant Finance Manager?
• How many years' experience do you have with forecasting for businesses?
• Which of the following accounting software are you experienced with?
• Have you worked in a role which requires experience with financial analysis and modelling?