Settlement Officer

Cloud Sense Sdn Bhd; Kuala Lumpur; On-site; MYR 150,000 - 200,000; Full time

Job summary

A financial services company in Kuala Lumpur is seeking a finance professional to conduct financial analysis, manage budgeting, and ensure compliance with financial regulations. The role requires Mandarin proficiency and strong analytical skills. Candidates should have experience in handling accounts payable and financial reporting. This position offers opportunities for process improvement and operational efficiency.

Qualifications

• Experience in handling accounts payable and financial accounting.
• Proficiency in tax compliance and financial reporting.
• Strong analytical skills and ability to adapt.

Responsibilities

• Conduct financial analysis and modeling to support decision-making.
• Prepare monthly and quarterly financial reports.
• Oversee payroll and statutory submissions.
• Manage annual budget preparation.

Skills

Mandarin Proficiency

Communication Skills

Problem-Solving

Analytical

Compliance

Process Improvement

Budgeting

Forecasting

Financial Reporting

Stakeholder Management

Job description

Overview

Finance Jobs in Malaysia | Job Vacancies | September 2025 | Ricebowl

Responsibilities

• Conduct financial analysis, modeling, and forecasting to provide decision-making support to the CEO.
• Optimize the tax structure and prevent financial and compliance risks.
• Promote the automation and digitalization of financial systems to improve operational efficiency.
• Prepare monthly and quarterly financial reports for senior leadership and stakeholders.
• Liaise with auditors during annual audits and compliance reviews.
• Submission of estimated tax payable / revision of tax payable.
• Experience in handling reinvestment allowance (Tax).
• Knowledge of transfer pricing will be added as advantage.
• Assist in monthly bank reconciliations and cash flow tracking.
• Support month-end and year-end closing activities.
• Maintain proper documentation and filing of financial records.
• Record incoming payments and maintain accurate AR ledgers.
• Work closely with the sales and customer service teams to address payment issues.
• Prepare AR reports and assist in monthly closing activities, including bank reconciliation.
• Lead IPO preparation initiatives and capital market readiness projects.
• Drive grant application processes and tax incentive optimization strategies.
• Implement innovative process improvements leveraging cutting-edge financial technology.
• Liaise with auditors, company secretary, tax agents and authorities on related job matters.
• Experience in insurance, financial services, or Labuan-based licensed entities is highly preferred.
• Summarize settlement data (surcharges, adjustments) and share with cross-functional teams.
• Support system testing, validate new product features, and report issues/defects.
• Handle sellers’ shipping fee queries and provide timely feedback.
• Oversee payroll, claims, and all statutory submissions (EPF, SOCSO, PCB, EIS, HRDF).
• Monitor branch spending vs. budget and provide cost control advice.
• Ensure accurate & timely SST submissions and implement compliance with LHDN E-Invoice.
• Assist in monitoring financial and capital expenditure budgets against actual performance and prepare reports on a timely basis.
• Assist in preparing working files, consolidated schedules that feed into board papers for the quarterly Audit Committee and Board meetings.
• Perform other ad-hoc tasks as assigned by the superior.
• Conduct variance analysis, highlight risks/shortcomings, and recommend improvement measures.
• Manage annual budget preparation and submission for the O&F Division.
• Coordinate management meetings, prepare templates, compile materials, and draft minutes for circulation.
• Prepare the commission payment to RMC's and reseller.
• Ensure timely updating and reconciling all collection and payment reports daily.
• Responsible for the Company's accounts receivable accounts payable & journal entry tasks.
• Involve in all financial operations and initiate process improvements such as streamlining financial operations using integrations, formulas or any AI tools.
• Familiar with latest tax, regulatory and financial reporting standards and ensure compliances.
• Liaise with external stakeholders, including auditors, tax authorities and investors.
• Summarize settlement data (surcharges, adjustments) and share with cross-functional teams.
• Prepare and process rental, salaries (online & cash), internal charges, tenant distributions, kitchen partner settlements, and supplier payments.
• Handle government statutory payments (KWSP, SOCSO, SIP, PCB, Tax, SST).
• Review supplier payments on the weekly/monthly payment run.
• Maintain oversight of expenses management, bank reconciliations, cash management and banking processes.
• Proactively improve the internal control framework of the organisation working.
• Record and monitor chat traffic changes across operational communication channels with clients.
• Conduct inspections and monitor rejects and rework production.
• Perform quality audits for activities related to service quality.
• Support the team with other tasks or projects assigned by your supervisor.
• Join stock counts or inventory checks to understand how records match real-life operations.
• Summarize settlement data (surcharges, adjustments) and share with cross-functional teams.
• Support system testing, validate new product features, and report issues/defects.
• Handle sellers’ shipping fee queries and provide timely feedback.
• Managing AUC capitalization for completed capex project.
• Ensure PH5 from every mills well received and prepare the related item to submit for Provision of Asset Write Off.

Qualifications & Skills

• Mandarin Proficiency
• Account Payable
• Financial Accounting
• Invoice Processing
• Data Entry
• Communication Skills
• Problem-Solving
• Compliance
• Financial Accounting
• Budgeting
• Forecasting
• Financial Reporting
• Tax Compliance
• Analytical
• Stakeholder Management
• Process Improvement
• Audit
• Financial Planning
• Adaptability