Assistant Manager – Group Reporting
The Assistant Manager - Group Reporting supports the Finance Manager in the preparation of annual and monthly group consolidation of accounts, consolidated financial statements and the implementation of finance-related projects.
Experience required for this position.
- Group restructure, such as disposal of subsidiary, partial disposal of the shares or restructuring from indirect holding subsidiary to direct subsidiary
- Non-controlling interest “NCI” sharing of profit or loss
- Foreign subsidiaries, to handle the Forex translation console entry
- Handle the accounting gap console entry
- Important that you have hands-on experience to prepare and complete the consolidation accounts independently.
Scope of Work:
Group Reporting
• Conduct monthly, budget and forecast group consolidation of accounts, ensuring accurate and timely preparation of consolidated financial statements.
• Review sub-group consolidation of accounts, including those involving foreign subsidiaries.
• Prepare the annual statutory group consolidation of accounts, liaise with auditors and assist in managing the audit process for the Group.
• Prepare monthly financial reports, including the analysis of financial trends and variances submitted by subsidiaries, highlighting any adverse movements.
• Prepare presentation materials for quarterly Board and Audit Committee meetings and submissions to relevant authorities.
Other and Ad Hoc duties
• Supervise, review, and guide subordinate.
• Manage special projects and other reporting requirements as needed.
JOB SPECIFICATION
MINIMUM ACADEMIC/PROFESSIONAL QUALIFICATION
• Degree in Accountancy or full / partial qualifications in ACCA / CPA.
• Suitable for individuals with a “hands-on” approach, a “can-do” attitude, and a solution-oriented mindset.
RELATED EXPERIENCE
Minimum 3 years of experience in group financial accounting, auditing and consolidation, or prior experience in an accounting firm managing group audits.
COMPETENCIES (KNOWLEDGE, SKILLS & ABILITIES)
• Expertise in group consolidation accounting, including handling multiple subsidiaries, currencies, and accounting standards.
• Knowledgeable of financial reporting standards (FRS, MPERS).
• Strong written and verbal communication skills in English is crucial. The Assistant Manager will interact with various stakeholders, including auditors, subsidiaries and senior management.
• Proficiency in Microsoft Office and ERP systems; familiarity with consolidation reporting tools is advantageous.
• Analytical and critical thinking, problem-solving and attention to detail.
• Ability to multitask, plan, prioritise and organise workload for timely report submissions.
• Initiative to report work progress, discrepancies and proposed solutions to superiors.
COMPETENCIES (BEHAVIOURAL)
• Ability to work independently and as part of a team with minimal supervision.
• Strong interpersonal skills with the ability to communicate effectively at all levels of the organisation.
• Positive working attitude, reliability, and accountability.
• Self-starter with high initiative and a drive to excel.
