Financial Accountant

Executive recruitment company Monroe Consulting Group Malaysia's Finance & Accounting Division is recruiting on behalf of a global leading adhesive manufacturing company. Our respected client had newly setup operation in Malaysia and is seeking for an all-rounded finance professional for the role "Financial Accountant".

Job summary
The ideal candidate will play a pivotal role within the finance team, responsible for ensuring accurate and timely financial reporting, analysis, and compliance with established accounting principles and regulations. You will be responsible for the subsidiary in Malaysia, working across all finance tasks. This role will also be responsible for providing support to all APAC subsidiaries. This role reports directly to the Financial Controller and collaborates closely with cross-functional teams to support the financial health and integrity of the company. The role is based in KL.

Job responsibilities:

General finance function of MY subsidiary, include, but not limited to:

• Approval of new vendors, processing of vendor invoices, as well as reconciling of statements and processing payments.
• Approval of new customer applications
• Management of income tax compliance, such as TDS & GST
• Preparation of staff payroll

General Ledger Management:

• Maintain and reconcile the general ledger accounts, ensuring accuracy and completeness of financial data.
• Track and manage fixed assets, including depreciation schedules and disposals.
• Perform month-end and year-end closing procedures, including journal entries and accruals.
• Collaborate with other departments to ensure proper coding and classification of transactions.

Financial Reporting:

• Prepare and analyse financial statements, including income statements, balance sheets, and cash flow statements.
• Ensure accurate recording, classification, and reconciliation of financial transactions.
• Generate regular financial reports for management, highlighting key performance indicators and financial trends.
• Management of the year-end audit process, including preparation of year-end workpapers, reconciliations etc.

Financial Analysis:

• Conduct in-depth financial analysis to support decision-making and provide insights to management.
• Assist in budgeting and forecasting processes, including variance analysis and performance metrics.
• Identify opportunities for cost savings, process improvements, and revenue enhancement.

Internal Controls and Compliance:

• Ensure compliance with accounting principles, standards, and regulations.
• Assist in the design, implementation, and monitoring of internal controls and procedures.

Cross-Functional Collaboration:

• Collaborate with finance team members and other departments to streamline processes and improve data accuracy.
• Provide financial insights and expertise to support business initiatives and projects.
• Work closely with the Financial Controller to align accounting practices with strategic goals.

Job requirements:

• Bachelor's degree in Accounting, or related field.
• Professional qualification like ACCA, ICAEW, CPA, CA and etc.
• 2 - 3 years of relevant experience, preferably in manufacturing or MNC environment.
• Proficient in accounting software and Microsoft Excel
• Strong analytical skills and attention to detail.
• Effective communication skills, both written and verbal.
• Ability to work independently and as part of a team.
• Integrity and ethical conduct in financial reporting and decision-making.
• Strong organisational skills with the ability to manage multiple tasks and priorities.
• Problem-solving mindset with a proactive approach to challenges.
• Adaptability and willingness to embrace change in a dynamic environment.