Financial Analyst (FP&A)

PERSOL; Kuala Lumpur; On-site; MYR 80,000 - 120,000; Full time

Job summary

A financial services company is seeking a qualified finance professional to support financial reporting and analysis in Kuala Lumpur. Responsibilities include managing cash flow, conducting statutory reporting, and providing financial analysis. The ideal candidate has an ACCA qualification or equivalent degree, along with at least 5 years of experience in finance and banking operations. Strong knowledge of IFRS rules and technical accounting skills are essential for this role.

Qualifications

• Qualified ACCA with 5+ years’ post-qualification experience or equivalent degree.
• 2-5 years’ experience in cash and banking operations or related roles.
• Strong understanding of IFRS rules.

Responsibilities

• Provide financial analysis to assist in performance planning.
• Manage daily cashflow and bank reconciliation.
• Support statutory financial reporting for Malaysia and Japan.

Skills

Financial analysis

Cash and banking management

Statutory reporting

Technical accounting knowledge

Knowledge of IFRS rules

Education

Qualified ACCA

Bachelor's Degree in Finance or related field

Job description

Job Description

Supporting the Finance Manager in various financial reporting and analysis tasks including month / quarter / year end reporting, performance planning and forecasting, cash and banking management and timely and accurate filing of the annual accounts of Malaysia and Japan entity.

Support Line Manager and Commercial team in all aspects in the Finance arena with other functions across the Company within Group, including but not limited to reviewing Letter of Credit operations.

Responsibilities

• Provide financial analysis to assist in performance planning and management / commercial decision making.
• Cash and banking management for Malaysia and Japan business: daily cashflow monitoring, cash and banking accounting including receipting and bank reconciliation, prepare weekly cash forecasting, identify any cash gap and mitigate any cash exposure, understand Foreign Exchange Policy update and its impact to Malaysia entity, balance sheet assurance for Accounts Receivable for Malaysia and Japan business.
• Month / Quarter / Year End close reporting: actual margin review and analysis, month / YE adjustments related to sales and purchase, 3 months forecast preparation, EBITDA analysis and monthly template submission to BU, MBR pack, BSA assurance process.
• Preparation of Annual Budgeting Exercise and review.
• Statutory Reporting – support Finance Manager in the preparation of statutory financial reports and annual filing in compliance with regulatory requirements for Malaysia and Japan.
• Manage Letter of Credit (LC) Operation, including track, advise on, and record the progress and process of inbound LCs.
• Perform Vendor Master Data maintenance and maintain Balance Sheet Integrity of AR, NIL aged and/or bad debt.
• Support other ad hoc finance activities as required by the Line Manager, such as unusual transaction tracker and business case preparation, DoA, and others.
• Establish ongoing working relationships banks, Commercial, Customer Account Coordinator, Credit, Finance and other functionally related teams.

Environment / Context

Interface with the business team and business finance team as needed to deliver the reporting accurately and in accordance with the Group reporting requirements.

Interface with the joint venture business and finance partners as needed to complete the monthly closing and statutory reporting.

Responsible for the Credit (Letter of Credit), Cash and Bank management and Accounts Receivable ledger for the assigned businesses, communicating regularly and appropriately with commercial team, banks and other internal stakeholders.

Recognizing issues that require escalation and work with various internal and external stakeholders to ensure swift and appropriate resolution.

Requirements

• Qualified ACCA with 5+ years’ post-qualification experience, or equivalent Bachelors’ Degree or designation with practical financial accounts experience.
• Minimum of 2-5 years’ experience in a cash and banking operation and AR collections environment or related role.
• Sound technical accounting knowledge and strong understanding of IFRS rules to be capable of applying the understanding and knowledge in daily posting and reporting activities.
• Preferably basic knowledge or experience in handling security instruments such as Letters of Credit (LC’s) sufficient to form a working knowledge of irrevocable / documentary LC’s, standby