Senior Finance Executive

Reeracoen Recruitment; Petaling Jaya; On-site; MYR 60,000 - 90,000; Full time

Job summary

A recruitment agency is seeking a Senior Finance Executive in Petaling Jaya, Selangor, to support financial management activities like accounting, reporting, and budgeting. The role involves preparing financial statements, assisting in budgeting processes, and ensuring compliance with financial regulations. Candidates should possess solid experience in financial reporting and analysis. This position offers an opportunity to collaborate with various departments and support the finance team in strategic decision-making.

Qualifications

• Experience in financial reporting and preparation of financial statements.
• Proficient in budgeting and forecasting processes.
• Strong understanding of financial analysis and compliance requirements.

Responsibilities

• Prepare and analyze financial statements and reports.
• Assist in the preparation of annual budgets and forecasts.
• Monitor compliance with financial regulations and assist in audits.

Skills

Financial reporting

Budgeting and forecasting

Financial analysis

Compliance

Cost management

Job description

Reeracoen Recruitment – Damansara, Selangor

The role of an Senior Finance Executive typically focuses on supporting the financial management of an organization. This includes tasks related to accounting, reporting, budgeting, financial analysis, and compliance. A Senior Finance Executive works closely with the Finance Manager or senior finance team members to ensure the financial health of the organization

Roles and Responsibilities

1. Financial Reporting
   • Assist in preparing accurate and timely monthly, quarterly, and annual financial statements (e.g., balance sheet, income statement, cash flow).
   • Help prepare consolidated financial reports for senior management or external stakeholders.
   • Support in general ledger entries, journal entries, and account reconciliations.
2. Budgeting & Forecasting
   • Assist in preparing annual budgets and forecasts.
   • Track actual performance against budgets and provide variance analysis.
   • Support with financial projections and business forecasts.
3. Financial Analysis
   • Assist financial analysis to identify trends, issues, and opportunities to improve financial performance.
   • Assist in reviewing the performance of cost centers and business units.
   • Assist in analysing income, expenses, and profit margins to inform management decisions.
4. Internal Controls & Compliance
   • Assist in the preparation and submission of SST to ensure that the company is in compliance with financial regulations, tax obligations and filing deadlines.
   • Support the implementation of internal controls to safeguard financial assets and ensure the accuracy of financial records.
   • Assist with internal and external audits, providing required documentation and resolving any audit findings.
5. Accounts Management
   • Oversee accounts payable and accounts receivable functions to ensure timely payments and collections.
   • Ensure that transactions are recorded accurately in the financial system.
   • Monitor cash flow and assist with managing working capital.
6. Cost Management
   • Monitor and control operational costs.
   • Review and analyse cost structures and recommend cost-saving strategies to management.
7. Team Collaboration
   • Work closely with other departments (e.g., operations, sales) to understand financial needs and provide financial support.
   • Assist in training and mentoring junior finance staff.
8. Reporting to Finance Manager
   • Support the Finance Manager or Group CFO with any ad hoc reporting or financial analysis tasks.
   • Provide regular updates on financial performance and help in strategic decision-making.