Senior Account Executive

INCO; Kota Kinabalu; On-site; MYR 80,000 - 120,000; Full time

Job summary

A leading financial services company in Kota Kinabalu is seeking an experienced finance professional to manage the monthly financial close process and oversee full sets of accounts. The ideal candidate should have at least 10 years of experience, preferably in the construction industry. Responsibilities include preparation of financial reports, tax returns, and ensuring compliance with SOX. This position offers a dynamic work environment with opportunities for continuous improvement and strategic financial projects.

Qualifications

• At least 10 years of experience in the finance/accounting field.
• Experience in the construction industry preferred.
• Ability to manage full sets of accounts.

Responsibilities

• Oversee the monthly financial close process and ensure accurate reporting.
• Prepare tax returns and support with audits.
• Collaborate with external auditors for compliance.
• Prepare financial statements and variance reports.

Skills

Financial management

Accounting principles

Analytical skills

ERP software knowledge

Compliance with SOX

Communication skills

Education

Diploma/Bachelor's Degree in Finance/Accountancy/Banking or equivalent

Job description

Roles and Responsibilities

• Manage the monthly financial close process, including ensuring all costs incurred are properly recorded, reviewing journal entries, account balance reconciliations and report preparation
• Participate in the ongoing development/establishment of accounting policies and procedures and operational strategies including the review and implementation of process and system changes.
• Continued focus on improving system efficiencies and business practices
• Participate in strategic financial projects including upgrades/phase-two implementation of ERP software
• Ensure compliance with internal control policies in a SOX environment
• Collaborate with external auditors to ensure successful audit results and compliance
• Interacts at all levels and with budget owners or other stakeholders to produce timely, efficient and accurate month-end close and all internal management and financial reporting through annual report
• Responsible for hierarchy and scalability in chart of accounts and accuracy in the general ledger and financial statements and has ultimate authority over classification and booking of all transactions
• Analyze the effect of statutory accounting practices and studies regulations and guidance to ensure correct application of Generally Accepted Accounting Principles
• Make recommendations for changes as needed and ensure that company policies and procedures are followed and establishes the proper techniques to discover and prevent fraud
• Prepare detailed journal entries and account analyses
• Assist with compilation of information for preparation of tax returns
• Work with Audit, Tax and Treasury Manager to ensure overall coordination of all financial accounting activities through annual report
• Prepare summary feedback of financial statements variances to budget
• Actively review and advise on financial/accounting processes

Job description

1. Working together with the team in handling full sets of accounts and responsible for closing and preparation of monthly financial accounting reports.
2. Preparation of weekly/monthly management and cash flow reports, statutory financial statements and consolidated accounts.
3. Prepare annual audit schedule to audit firms.
4. Working together with the team to prepare Bank Reconciliation.
5. Highlight critical issues affecting the financial performance and propose remedial actions.
6. Maintain proper financial reports and filing systems.
7. Continues improvement in month end closing processes and actively support management initiatives projects.
8. Provide assistance in all matters pertaining to tax filing and statutory audit.
9. Working together with the team to stock take of merchandise and fixed assets.
10. To liaise with external parties with respect to accounting related matters.
11. Undertake any other ad-hoc financial assignments request from the management.
12. Any other responsibilities assigned by the management.

Requirements

Candidate must possess at least a Diploma OR Bachelor\'s Degree, Professional Degree in Finance/Accountancy/Banking or equivalent.

At least 10 year(s) of working experience in the related field is required for this position

Preferably Senior Executives experienced in handling full sets of accounts in the construction industry.