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  1. Go to Settings.
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Jobs or company...

Senior Finance Executive

  • Full Time, onsite
  • Ilham Dining Concepts
  • Wilayah Persekutuan Kuala Lumpur, Malaysia
Salary undisclosed
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Job Description

The accounting associate will help to manage the financial operations of our restaurant group alongside our third-party accounting vendor. You will be responsible for ensuring accurate financial records, monitoring expenses, preparing financial statements, and providing financial insights to support strategic decision-making. Your meticulous attention to detail and strong analytical skills will contribute to the financial management and success of our company.

1. Financial Reporting:

  • To maintain a full set of accounts for our outlets both online (accounting software) and offline (record keeping and reconciliation)
  • To assist our third-party accounting vendor to prepare and analyze monthly, quarterly, and annual financial statements for each restaurant within the group. Generate income statements, balance sheets, and cash flow statements to provide a clear overview of financial performance.
  • To assist our third-party accounting vendor to monitor and report on key financial metrics and trends to senior management.
  • Establish and maintain internal controls to safeguard assets and ensure financial accuracy. Implement and enforce financial policies and procedures across the restaurant group.

2. POS reporting and outlet financial management:

  • Collaborate with restaurant managers to develop annual budgets and financial forecasts from information pulled from POS system. Track budget performance, identify variances, and recommend corrective actions when necessary.
  • Oversee accounts payable processes, including invoice processing and vendor payments. Manage accounts receivable, monitoring customer payments and addressing outstanding balances.
  • Review all expenses and transactions, ensuring compliance with company policies. Implement cost-saving measures and recommend strategies to optimize operational efficiency.

3. Tax Compliance:

  • Assist in ensuring compliance with local, state, and federal tax regulations.
  • Assist in coordinating with external auditors during financial audits and assist in the preparation of audit schedules.

4. Record Keeping:

  • Maintain accurate and organized financial records and documentation. Ensure all financial transactions are properly documented and archived.
  • Bachelor's degree in Accounting, Finance, or a related field; ACCA/CFA certification is a plus.

    • Qualification :

    • Proven experience as an accountant of 2-3 years, preferably in the restaurant or hospitality industry.
    • Strong knowledge of accounting principles, financial reporting, and tax regulations.
    • Proficiency in accounting software (e.g., QuickBooks, Xero, SQL) and Microsoft Excel.
    • Excellent analytical and problem-solving skills.
    • Attention to detail and a high degree of accuracy.
    • Strong communication and interpersonal skills.
    • Ability to work independently and as part of a team.
    • Familiarity with restaurant-specific financial considerations is a plus.
    • Mandarin/Chinese speaker is a plus.