Finance Executive

Penang Infrastructure Corporation - PIC; Penang; On-site; MYR 60,000 - 90,000; Full time

Job summary

A public infrastructure agency in Malaysia is seeking a financial specialist to manage financial reporting, budgeting, and compliance. The ideal candidate will have a Bachelor's degree in finance or accounting and at least 5 years of relevant experience. This role offers an opportunity to work closely with management and provide valuable financial insights while ensuring regulatory compliance.

Qualifications

• At least 5 years working experience in a similar field.

Responsibilities

• Prepare and analyze monthly and annual financial statements.
• Conduct variance analysis between budgets and actual performance.
• Coordinate the annual budgeting process and assist with periodic forecasts.
• Manage cash flow and ensure liquidity.
• Ensure compliance with internal policies and relevant laws.
• Liaise with external auditors and assist with tax computations.
• Manage fixed assets and inventories.
• Implement and maintain internal controls.
• Provide financial advice to management.
• Supervise junior finance staff.

Skills

Familiarity with audits and finance related documents

Excellent organizational skills

Excellent analytical and numerical skills

Knowledge on the use of financial software

Knowledge of financial and accounting procedures

Advanced MS Excel skills

Education

Bachelor’s degree in finance, accounting or economics

Professional qualifications as a CFA/CPA

Job description

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To ensure all daily transaction records are accurately recorded

To ensure timely preparation of accounts

To ensure all financial data are updated in the financial systems

To ensure that all legal and regulatory requirements are met

(B) MAIN RESPONSIBILITIES AND DUTIES

• Financial reporting: Prepare and analyze monthly and annual financial statements, management reports, and statutory accounts, ensuring compliance with accounting standards and deadlines. Oversee the full set of accounts, including general ledger (GL), accounts payable (AP), and accounts receivable (AR), and review financial data for potential impairment.
• Financial analysis: Conduct variance analysis between budgets and actual performance, analyze financial trends, and provide insights to support decision‑making.
• Budgeting and forecasting: Coordinate the annual budgeting process and assist with periodic forecasts.
• Cash flow management: Manage cash flow, ensure liquidity, and handle day‑to‑day treasury and banking activities.
• Compliance: Ensure the company's financial records and reporting comply with internal policies, SOPs, and relevant laws and regulations.
• Auditing and tax: Liaise with external auditors and tax agents, and assist with tax computations and filings.
• Asset management: Manage fixed assets and inventories.
• Internal controls: Implement and maintain internal controls.
• Financial advice: Provide financial advice to senior management and the board of directors.
• Supervise junior finance staff and oversee departmental training.
• Perform any other duties that may be assigned from time to time by management.

(C) COMPETENCIES (TECHNICAL)

• Familiarity with audits and finance related documents
• Excellent organizational skills
• Excellent analytical and numerical skills
• Knowledge on the use of financial software
• Knowledge of financial and accounting procedures as well as financial regulations
• Advanced MS Excel skills

(D) QUALIFICATIONS (MINIMUM ENTRY REQUIREMENTS)

• Bachelor’s degree in finance, accounting or economics with at least 5 years working experience in a similar field.
• Professional qualifications as a CFA/CPA are an added advantage.

(E) PERSONAL TRAITS – Essential qualities for the successful performance of the job

• Team player
• Meticulous and good interpersonal & communication skills to work with people at all levels
• Strong ethics with an ability to manage confidential data