Key Responsibilities
General Accounting Operations
- Manage and oversee the complete cycle of the full sets of accounts for Malaysia entities, including Accounts Receivable (AR), Accounts Payable (AP), and General Ledger (GL).
- Lead the timely and accurate month-end and year-end closing processes, ensuring all financial reporting deadlines are consistently met.
- Prepare and review monthly bank reconciliations, inter-company reconciliations for both Singapore and Malaysia entities.
- Monitor the completeness and accuracy of sales transactions, ensuring all revenue is captured and properly documented via receipt vouchers and journal vouchers.
- Coordinate and support internal and external audit processes, including the preparation of audit schedules and documentation for fixed assets and leases.
Tax & Compliance (Malaysia)
- Ensure full compliance with all Malaysian tax regulations, including the preparation and timely submission of Sales & Service Tax (SST), Withholding Tax, Corporate Income Tax and other statutory returns.
- Proactively monitor, research and analyze changes in Malaysian Financial Reporting Standards (MFRS), tax laws, and regulatory requirements.
- Assess the financial and operational impact of new accounting and tax regulations, and lead the implementation of necessary changes to ensure ongoing compliance.
- Act as a key internal advisor to the management team on Malaysian tax and compliance matters, providing insights to optimize the company's tax position and mitigate risks.
Lease Accounting & Management
- Perform lease accounting activities, ensuring that it is in accordance with SFRS 116/ IFRS 16.
- Manage the end-to-end lease and accounting process, including the initial recognition, measurement, and subsequent amortization of Right-Of-Use (ROU) assets and lease liabilities.
- Review all new and existing lease agreements to determine the correct accounting treatment and maintain the company's lease database.
- Draft and review, and ensure the accuracy of financial statement disclosures and notes related to the company's lease commitments and obligations.
- Collaborate directly with external auditors during interim and year-end audits, providing clear explanations and robust documentation for all lease-related balances.
Requirements
- Singaporeans only
- Diploma/ degree in Accountancy, Finance or related field. Professional certification (e.g., ACCA, CPA) are highly advantageous.
- Min. 3 years of proven accounting experience (preferably for candidates with a background in the Manufacturing industry).
- High proficiency with ACCPAC accounting software and Microsoft Excel for financial analysis and reporting.
- Strong technical knowledge in accounting standards, taxation and compliance.
- High level of accuracy, attention to detail and ability to maintain confidentiality.
- Excellent time management and organizational abilities, with a proven track record of meeting strict reporting deadlines in a fast-paced environment.
- Strong verbal and communication skills, with the ability to effectively liaise with auditors, tax agents, and colleagues.
- Willingness to travel periodically to the company's office in Malaysia for financial reviews, audits, and team meetings, particularly during quarterly and year-end closing periods.