Finance Executive

MyFundAction; Selangor; On-site; MYR 50,000 - 70,000; Full time

Job summary

A non-profit organization seeks an experienced finance professional to manage financial reporting and compliance. The role requires preparing monthly and annual financial statements, maintaining accounting records using appropriate software, and ensuring adherence to Malaysian financial regulations. Candidates should have a Bachelor's degree in Accounting or Finance, with 2-3 years of relevant experience. Proficiency in accounting software and advanced Excel skills are essential. This position is located in Selangor, Malaysia.

Qualifications

• 2-3 years experience in accounting/finance roles.
• Experience in non-profit or NGO sector preferred.
• Advanced skills in Microsoft Excel including pivot tables.

Responsibilities

• Prepare financial statements in accordance with MFRS.
• Maintain accurate accounting records using accounting software.
• Conduct bank reconciliations and manage cash flow.

Skills

Proficiency in accounting software

Advanced Microsoft Excel skills

Knowledge of Malaysian accounting standards (MFRS)

Understanding of non-profit accounting principles

Familiarity with grant management

Education

Bachelor's degree in Accounting, Finance, or related field

Minimum 2-3 years of experience in accounting/finance roles

Any professional certification (ACCA, CIMA, MIA, or equivalent)

Tools

Xero

Job description

Prepare monthly, quarterly, and annual financial statements in accordance with Malaysian Financial Reporting Standards (MFRS)

Maintain accurate accounting records using accounting software (preferably Xero or similar)

Process accounts payable, accounts receivable, and payroll transactions

Conduct monthly bank reconciliations and cash flow management

Prepare budget vs. actual variance reports and financial analysis

Assist in annual audit preparations and coordinate with external auditors

Key Responsibilities

Financial Management & Reporting

• Prepare monthly, quarterly, and annual financial statements in accordance with Malaysian Financial Reporting Standards (MFRS)

• Maintain accurate accounting records using accounting software (preferably Xero or similar)

• Process accounts payable, accounts receivable, and payroll transactions

• Conduct monthly bank reconciliations and cash flow management

• Prepare budget vs. actual variance reports and financial analysis

• Assist in annual audit preparations and coordinate with external auditors

Compliance & Regulatory Requirements

• Ensure compliance with Companies Commission of Malaysia (SSM) requirements for non-profit organizations

• Prepare and submit statutory returns including Form 24, Form 44, and annual returns

• Maintain compliance with Inland Revenue Board of Malaysia (LHDN) tax obligations

• Handle GST/SST filing and compliance as applicable

• Ensure adherence to Registrar of Societies (ROS) regulations if applicable

Grant & Donor Fund Management

• Track and report on restricted and unrestricted funds

• Maintain detailed records of grant expenditures and compliance requirements

• Prepare donor reports and grant acquittals as required

• Support grant application processes with financial documentation

• Implement internal controls for fund utilization and reporting

Administrative & Strategic Support

• Support annual budgeting and financial planning processes

• Assist in developing financial policies and procedures

• Maintain fixed asset registers and depreciation schedules

• Process petty cash and expense reimbursements

• Support board meetings with financial reports and presentations

• Collaborate with program teams on project financial management

Required Qualifications

Education & Professional Certification

• Bachelor's degree in Accounting, Finance, or related field

• Minimum 2-3 years of experience in accounting/finance roles

• Experience in non-profit or NGO sector highly preferred

• Any professional certification (ACCA, CIMA, MIA, or equivalent) is advantage

Technical Skills

• Proficiency in accounting software

• Advanced Microsoft Excel skills including pivot tables and financial modeling is advantage

• Knowledge of Malaysian accounting standards (MFRS) and tax regulations

• Understanding of non-profit accounting principles and fund accounting

• Familiarity with grant management and compliance requirements