Executive Finance

Job Title: Finance Executive
Location: Empire City, Damansara
Company: NSTY Holding Sdn Bhd
Department: Finance

Key Responsibilities:

1. Financial Record Keeping

• Maintain accurate and up-to-date financial records, including cash & bank, accounts payable, accounts receivable, general ledger entries, and journal entries.
• Ensure timely and accurate recording of all financial transactions, such as invoices, payments, and expenses.
• Reconcile bank statements, credit card statements, and other financial accounts regularly to ensure accuracy and identify discrepancies.
• Liaise with internal and external stakeholders to ensure all financial records are complete in a timely manner.

2. Financial Reporting

• Prepare monthly, quarterly, and annual financial statements in accordance with generally accepted accounting principles (GAAP) or international financial reporting standards (IFRS).
• Generate various financial reports, including income statements, balance sheets, cash flow statements, and budget vs. actual analysis.
• Provide financial analysis and insights to management to support strategic decision-making and planning.

3. Accounts Payable and Receivable

• Manage accounts payable processes, including processing invoices, verifying expenses, and ensuring timely payments to vendors and suppliers.
• Monitor accounts receivable aging and follow up on overdue payments, coordinating with the sales and customer service teams as necessary.
• Reconcile accounts payable and accounts receivable balances to ensure accuracy and completeness with external stakeholders statements of accounts (SOA).

4. Financial Systems and Processes

• Utilize accounting software and financial systems effectively to streamline processes, improve efficiency, and maintain data integrity.
• Maintain comprehensive and up-to-date records of standard operating procedures (SOPs) related to financial processes.

Qualifications & Requirements:

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional certification (e.g., ACCA, CIMA, CPA) is preferred but not required.
• 2-3 years of experience in finance or accounting, particularly in retail or related industries.
• Proficient in accounting software (e.g., QuickBooks, Xero, SAP) and MS Excel.
• Strong understanding of GAAP/IFRS and financial reporting standards.
• Excellent organizational skills with a keen eye for detail.
• Ability to work independently and in a team environment.
• Strong communication skills for liaising with internal and external stakeholders.