Senior Account Executive

Tong Hing Supermarket Sdn Bhd; West Coast Division; On-site; MYR 67,000 - 134,000; Full time

Job summary

Tong Hing Supermarket Sdn Bhd in Malaysia is seeking an experienced Finance professional to support financial reporting, month-end and year-end closings, and reconciliations. You will maintain the Fixed Asset Register, assist with audits, and drive process improvements in a fast-paced retail environment.

The role requires a Bachelor’s Degree in Finance or Diploma in Accountancy plus at least 5 years in a similar retail finance position.

Qualifications

• Bachelor’s Degree in Finance / Diploma in Accountancy or equivalent.
• Minimum 5 years of experience in a similar role, preferably in retail or supermarket.
• Strong knowledge of financial reporting, reconciliations, and control accounts.
• Hands-on experience with month-end and year-end closing processes.
• Proficiency in accounting software; AutoCOUNT experience is an advantage.
• Knowledge of Malaysian tax regulations and compliance requirements.
• Ability to work independently with minimum supervision; strong analytical and communication skills.
• Team-oriented with leadership qualities.

Responsibilities

• Prepare monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow).
• Ensure timely month-end and year-end closing including journal entries, accruals, and adjustments.
• Prepare financial schedules and management reports for decision-making.
• Perform monthly reconciliations of control accounts, including bank, AP/AR, inventory, FAR, intercompany, and GL.
• Maintain and monitor the Fixed Asset Register; review depreciation and asset movements.
• Support audit activities; provide documentation and address findings.
• Assist in strengthening internal controls and process improvements; automate reconciliations.
• Contribute to budgeting/forecasting and supply financial data for business decisions.

Skills

Financial reporting

Month-end closing

Year-end closing

Reconciliations

Analytical skills

Communication skills

Independent work

Leadership qualities

Education

Bachelor’s Degree in Finance / Diploma in Accountancy

Tools

AutoCOUNT

Accounting software

Job description

1. Financial Reporting & Month/Year-End Closing

Assist in the preparation ofmonthly, quarterly, and annual financial statements, includingProfit & Loss (P&L), Balance Sheet, and Cash Flow reports.

Ensure timely and accuratemonth-end and year-end closing processes, including journal entries, accruals, and adjustments.

Prepare detailedfinancial schedules and management reports to support decision-making.

Assist in variance analysis betweenactual vs. budgeted figures and provide explanations for discrepancies.

2. Control Account & Balance Sheet Reconciliation

Performmonthly reconciliations of allcontrol accounts in theBalance Sheet, including:

Bank Reconciliations – Ensuring all transactions are recorded accurately and resolving any discrepancies, monitor daily bank balances.

Accounts Payable (AP) & Accounts Receivable (AR) Reconciliation – Matching invoices, payments, and outstanding balances.

Inventory Reconciliation – Ensuring stock balances match financial records.

Fixed Asset Reconciliation – Monitoring asset additions, disposals, and depreciation calculations.

Intercompany & General Ledger Reconciliations – Ensuring correct allocation and elimination of intercompany transactions.

3. Fixed Asset Register (FAR) Monitoring

Maintain and update theFixed Asset Register (FAR), ensuring accurate classification and tagging of assets.

Monitordepreciation calculations and ensure compliance with accounting policies.

Conductfixed asset audits and physical verifications periodically.

Ensure proper documentation of all asset movements, disposals, and impairments.

4. Audit & Compliance Support

Prepareaudit schedules and provide necessary documentation for external and internal audits.

Ensure financial records are maintained in compliance withaccounting standards and regulatory requirements.

Address audit findings and assist in implementing corrective measures.

5. Financial Control & Process Improvement

Support theFinance Manager in strengthening internal controls related to financial reporting and reconciliations.

Assist in process improvements and automation of reconciliation tasks for efficiency.

Ensure all financial records areaccurate, updated, and properly documented.

6. Other Ad-Hoc Finance Functions

Assist in financialforecasting and budgeting support as needed.

Provide necessary financial data forbusiness decision-making.

Undertake any additional financial tasks assigned by theFinance Manager.

Job Requirements:

Education & Experience:

Bachelor’s Degree in Finance / Diploma in Accountancy or equivalent.

Minimum 5 years of experience in a similar role, preferably in theretail or supermarket.

Strong knowledge offinancial reporting, reconciliations, and control accounts.

Hands-on experience with month-end and year-end closing processes.

Proficiency inaccounting software (AUTOCOUNT experience is an advantage).

Knowledge ofMalaysian tax regulations and compliance requirements.

Soft Skills:

Ability to workindependently withminimum supervision.

Stronganalytical and problem-solving skills with keen attention to detail.

Excellent communication skills inEnglish, Bahasa Malaysia, and Mandarin.

Team-oriented with strongleadership qualities.

Able tomulti-task, meet deadlines, and adapt to a fast-paced environment.

Candidatesavailable to start immediately will have an added advantage.

Supermarkets, Grocery & Petrol Retailing 51-100 employees

Tong Hing Supermarkets was established in 1959, with the opening of the first supermarket operation. Tong Hing Supermarkets then became a pioneer in the retailing and wholesale of imported fine foods.

Tong Hing Supermarkets was established in 1959, with the opening of the first supermarket operation. Tong Hing Supermarkets then became a pioneer in the retailing and wholesale of imported fine foods.