First Level Executive, Financial Accounting | Finance Department

Bank Negara Malaysia; Kuala Lumpur; On-site; MYR 70,000 - 90,000; Full time

Job summary

A prominent Malaysian financial institution is seeking a Financial Accounting FLE to ensure sound accounting principles and compliance in financial reporting. The ideal candidate will manage financial data, perform analysis, and ensure adherence to accounting standards. A recognized degree in accounting and proficiency in Microsoft Office are required. This position offers an opportunity to work dynamically in Kuala Lumpur.

Qualifications

• Degree in accounting or equivalent qualification required.
• Experience in financial reporting and analysis is preferred.

Responsibilities

• Ensure application of accounting principles for financial statements.
• Perform data verification and corrective actions for accurate reporting.
• Manage accounting system functionalities for effective results.
• Conduct data analysis to assist management decisions.
• Research on compliance with accounting standards.

Skills

Financial reporting

Data analysis

Knowledge of accounting principles

Microsoft Office applications

Proficient in Bahasa Malaysia

Proficient in English

Education

Recognised degree in accounting

Professional accounting qualification

Job description

Role Purpose

The Financial Accounting FLE is responsible for ensuring the Bank adopts sound accounting principles and standards that support the Bank to perform its financial reporting mandate effectively. The role is also responsible to ensure correct and reliable accounting data that aligns with the Bank’s accounting policy being submitted to the financial management system to ensure good and credible preparation of statutory and financial management reporting.

Principal Accountabilities

• Financial accounting: Ensure the application of relevant accounting principles to support the preparation of the Bank’s and its affiliated entities’ financial statements to fulfill its statutory requirements. This includes recommendations on accounting recognition and measurement on financial products in meeting the Bank’s reserves management objectives.
• Internal controls: Perform data verification and provide solution of anomalies in financial data and take corrective actions to ensure accurate financial reporting.
• System management: Management of accounting system functionalities to ensure efficient generation of accounting results to all users and support the Bank’s business requirements on new initiatives.
• Financial Analysis: Perform comprehensive data analysis to identify trends, variances and potential areas of concern to assist management in making informed decisions.
• Research and Compliance: Actively conduct research on existing accounting treatment and financial reporting policies of the Bank, keeping up to date on the latest development on financial reporting relating to central bank practices and Malaysian Accounting Standard Board to highlight areas for enhancements or adoption to new standards.

Qualifications

Academic Qualifications: A recognised degree in accounting and/or professional accounting qualification (e.g. ACCA, MICPA, ICAEW).

Experience:

• Experience in financial reporting, analysis and forecasting would be an added advantage.
• Good knowledge in Microsoft Office applications; and proficient in Bahasa Malaysia and English.