Group Accountant (Supermarket Chain Store)

About us

Armani Group is a Malaysian-based property development company. For over fourteen years, Armani has consistently delivered high-quality buildings that contribute significantly to Malaysia’s urban fabric and offer exemplary environments for those who live in them. With diverse and extensive experience in both luxury apartment and townhouse sectors, Armani brings unique expertise to every residential project.

Role

The Group Accountant will be responsible for overseeing and managing the overall financial reporting, accounting processes, and compliance requirements for a supermarket chain operating across multiple locations. The role includes ensuring that financial statements and reports are accurate, timely, and comply with Malaysian Financial Reporting Standards (MFRS), tax regulations, and other statutory requirements. The Group Accountant will also lead consolidation of financial results from various subsidiaries, manage financial audits, and provide financial insights to support business growth and decision-making.

Responsibilities

• Oversee the preparation and timely submission of monthly, quarterly, and annual financial statements for the group in compliance with MFRS.
• Manage the consolidation of financial results from different outlets and subsidiaries within the supermarket chain.
• Prepare accurate and comprehensive management reports, including profit & loss statements, balance sheets, cash flow statements, and budget variances.
• Liaise with external auditors and manage audit processes to ensure smooth and timely completion.
• Assist in the preparation and review of the annual group budget and rolling forecasts.
• Support strategic planning and decision-making through financial analysis and data-driven insights.
• Oversee the group’s cash flow management, ensuring adequate liquidity and cash reserves for operations.
• Manage bank relationships and oversee any financing activities.
• Ensure efficient management of working capital, including receivables, payables, and inventory.
• Oversee the preparation and submission of monthly and annual tax returns.
• Ensure compliance with Customs Act, Sales & Services Tax (SST) requirements, and other applicable tax laws and regulations in Malaysia.
• Establish, implement, and monitor internal control systems to ensure compliance with financial policies, procedures, and statutory requirements.
• Work closely with the procurement and operations teams to monitor and control inventory levels across multiple stores.
• Ensure that all financial systems and processes are aligned and integrated across stores and the corporate office.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field with professional accounting qualifications such as ACCA or MIA.
• At least 5-7 years of accounting experience, with a strong background in group consolidation and financial reporting.
• Prior experience in accounting and financial management within a supermarket chain store is required.
• Knowledge and experience in Malaysian tax laws (corporate tax, SST) and compliance with MFRS.
• Excellent analytical skills, with the ability to interpret financial data and provide business insights.
• Strong communication and collaboration skills, with the ability to work effectively across departments and with various stakeholders.
• High attention to detail and the ability to work under pressure in a fast-paced environment.