FINANCE EXECUTIVE

Financial Reporting: -Prepare Financial Statements: Prepare accurate and timely monthly, quarterly, and annual financial reports, including profit and loss statements, balance sheets, and cash flow statements, in compliance with Malaysian accounting standards. Ensure the financial statements comply with the Malaysian Financial Reporting Standards (MFRS) or International Financial Reporting Standards (IFRS). -Budgeting and Forecasting: Assist in preparing the company's annual budget and monthly forecasts. Monitor and report on budget variances, recommending corrective actions to management. -Cash Flow Management: Monitor the company’s cash flow, ensuring sufficient funds are available to meet operational needs. Prepare and present cash flow projections. Accounting and Compliance: -Accounts Payable and Receivable: Oversee the accounts payable and receivable functions, ensuring that all payments and collections are processed accurately and timely. Prepare and review invoices, ensuring compliance with contractual agreements and local tax laws. -Tax Compliance: Ensure compliance with Malaysian tax regulations, including Goods and Services Tax (GST), income tax, and other local taxes. Prepare and file tax returns, ensuring timely submission to the Inland Revenue Board of Malaysia (IRB). -General Ledger Management: Assist in the reconciliation of general ledger accounts, ensuring accuracy and completeness of financial data. Support month-end and year-end closing activities. Financial Analysis and Strategy: -Financial Analysis: Conduct financial analysis to evaluate the company’s performance, including profitability, cost efficiency, and return on investment. Provide insights and recommendations to senior management to support strategic decision-making. -Cost Control: Identify cost-saving opportunities and recommend operational improvements. Track and report on key performance indicators (KPIs) related to financial health and operational efficiency. Internal Controls and Audit Support: -Internal Controls: Ensure effective internal controls are in place to safeguard assets and ensure compliance with company policies and Malaysian regulations. Assist in implementing best practices for financial management and reporting. -Audit and Compliance: Assist with both internal and external audits, ensuring that auditors have the necessary documentation and access. Address any audit findings and assist in implementing corrective actions. Financial System Support: -ERP and Accounting Software: Maintain and update the company’s financial systems, ensuring that all transactions are properly recorded. Ensure the integrity of financial data in accounting software (e.g., QuickBooks, SAP, Xero) used by the company. -Process Improvement: Identify opportunities to improve financial processes and reporting systems to enhance operational efficiency and accuracy.