Accounting Assistant Manager

Job Description

We are seeking a meticulous and reliable Accounting Assistant Manager to join our dynamic team in the precious metals trading industry. As a key member of our finance department, you will be responsible for managing various accounting processes and ensuring the company’s financial activities align with statutory requirements. This role offers opportunities for professional growth and development, particularly in an evolving industry like precious metals trading.

Key Responsibilities

1. Transaction Management and Reconciliation:

• Monitor and process daily digital gold transactions on the platform, including deposits, withdrawals, and transfers of digital gold to and from user accounts.
• Perform daily reconciliations of digital gold balances between the platform, the banks, and financial institutions.
• Ensure accurate reflection of gold prices and currency conversions in transactions.
• Resolve discrepancies in transactions, balances, and settlements with banks and financial institutions.

2. Financial Reporting and Documentation:

• Prepare and maintain accurate financial records of all platform transactions, including buy/sell trades, fees, and commissions.
• Generate periodic financial reports, including profit and loss statements, transaction reports, and balance sheets.
• Ensure the timely filing of reports required by regulatory authorities, including tax authorities and financial regulators.
• Track and report on operational metrics related to the trading platform's performance (e.g., volume of trades, revenue generated, user activity).

3. Client Account Management:

• Oversee the opening, closing, and maintenance of customer accounts related to digital gold transactions.
• Ensure accurate account balances and resolve any issues related to deposits or withdrawals of digital gold or fiat currency.
• Collaborate with the customer service team to resolve any account-related queries or issues raised by clients.

4. Compliance and Regulatory Monitoring:

• Ensure that all financial activities comply with local and international regulatory requirements related to digital assets, gold trading, and financial transactions.
• Maintain up-to-date knowledge of relevant laws and regulations governing digital gold, financial services, and cryptocurrency (if applicable).
• Work with legal and compliance teams to ensure adherence to Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.
• Assist in internal and external audits and ensure that necessary documentation is readily available.

5. Bank and Financial Institution Coordination:

• Maintain strong relationships with partner banks and financial institutions to ensure smooth transactions and collaborations.
• Liaise with banks for settlement of digital gold transactions and ensure timely and accurate funding.
• Coordinate with financial institutions for the timely execution of payments, deposits, and transfers.

6. Fee and Commission Management:

• Monitor and calculate platform fees, transaction fees, and commissions for trading activity.
• Track revenue and expenses associated with the platform’s operation, ensuring that all fees and charges are accurately applied and collected.
• Ensure the proper allocation of funds from sales and trading activity to the correct business units or partners.

7. Digital Gold Pricing and Market Data Management:

• Monitor and ensure the accuracy of digital gold prices displayed on the platform, ensuring they reflect real-time market data and gold prices.
• Work closely with market analysts or partners to understand price trends and integrate them into the trading platform for users.
• Collaborate with risk management teams to assess and manage risks associated with price volatility in the gold market..

8. System and Platform Integration:

• Work with the IT and development teams to ensure smooth integration of accounting systems with the digital gold trading platform.
• Assist in the implementation and upgrading of accounting software, ensuring all financial transactions are recorded accurately.
• Help automate reporting processes and data collection to enhance operational efficiency.

9. Customer Transaction Verification:

• Ensure verification processes are in place for large transactions or suspicious activity related to digital gold trading.
• Cross-check and confirm transactions involving significant amounts of gold to mitigate risk and ensure proper settlement.

10. Ad-hoc Financial Analysis:

• Provide financial analysis and insights related to the performance of the platform.
• Offer support in strategic planning and decision-making related to the financial aspects of the platform.

Qualifications & Skills

Education:

• Bachelor's degree in Accounting, Finance, Economics, or related field (professional certifications like ACCA, CPA,LCCI or CA is a plus).
• Required language(s): Bahasa Malaysia, English, Mandarin.

Experience:

• At least 3-5 years of experience in accounts operations, preferably within a digital finance, fintech, or commodity trading environment.
• Experience with digital gold, cryptocurrency, or asset-backed trading platforms is a significant advantage.
• Proven track record of managing reconciliation, reporting, and compliance in a fast-paced environment

Technical Skills:

• Strong knowledge of accounting software (e.g., QuickBooks, Xero, SAP).
• Proficiency in Excel (advanced formulas, pivot tables, VLOOKUP, etc.) for reporting and reconciliation.
• Familiarity with financial systems and platforms used in digital gold trading (e.g., blockchain-based platforms, payment gateways).

Regulatory Knowledge:

• In-depth understanding of financial regulations such as AML, KYC, FATF, and digital asset regulations.
• Knowledge of gold trading markets, pricing, and digital gold products.

Key Competencies:

• Strong analytical and problem-solving skills.
• Attention to detail with the ability to manage multiple tasks simultaneously.
• Strong communication skills to interact with internal teams, clients, and financial institutions.
• Ability to work under pressure and meet tight deadlines.

Benefits

• Competitive salary and performance-based bonuses.
• Professional development opportunities and career growth.
• Comprehensive health and insurance benefits.
• Collaborative and dynamic work environment with exposure to the precious metals industry.
• Company perks and incentives aligned with performance and contributions.

Job Types: Full-time, Permanent

Pay: RM6,000.00 - RM8,000.00 per month

Benefits:

• Health insurance
• Opportunities for promotion
• Professional development

Schedule:

• Monday to Friday

Supplemental Pay:

• Performance bonus

Application Question(s):

• How long is your notice period?
• What is your expected salary?

Work Location: In person

Expected Start Date: 05/01/2025