Key Responsibilities:
General Ledger & Financial Closing:
Supervise and review the work of Accounts Assistants related to accounts payables and general ledger entries.
Ensure timely and accurate monthly closing processes for Accounts Payable (AP), inventory, intercompany transactions, fixed assets, bank accounts, and the General Ledger (GL).
Prepare monthly journals, manage prepayments, accruals, and other necessary period-end adjustments.
Perform monthly inter-company reconciliations to ensure balances are aligned.
Maintain the fixed asset register and accurately run depreciation calculations within the ERP system.
Update monthly balance sheet schedules.
Conduct timely bank reconciliations.
Project Costing & Work-in-Progress (WIP) Reporting:
Contribute to project costing and ensure accurate Work-in-Progress (WIP) revenue recognition, providing critical financial insights for ongoing construction projects.
Ensure AP payables, subcontractor payments, and capital expenditures (CAPEX) adhere to Standard Operating Procedures (SOPs) and align with cash forecasts.
Control and ensure the timely processing of staff expense claims in line with company policy.
Inventory Management:
Work closely with the logistics department on inventory cut-off procedures and coordinate physical stock-takes.
Reconcile monthly stock-take variances and post necessary adjustments.
Compliance & Audit:
Ensure strict adherence to all relevant Legal, Statutory, Accounting Standards, Tax Regulations, Policies, and SOPs.
Liaise effectively with external auditors for year-end audits, ensuring the timely release of financial statements.
Coordinate with auditors, tax agents, and company secretaries for all statutory requirements.
Ensure accurate and timely submission of Sales and Service Tax (SST) and Corporate Tax filings.
Promptly address and resolve queries from tax agents and auditors, providing necessary documentation.
Immediately alert the Finance Manager to any financial irregularities or significant issues.
Qualifications:
Bachelor’s Degree or above in Accountancy.
Minimum of 5 years of relevant working experience, with at least some years in a supervisory role.
Prior work experience within the Construction or Engineering Industry is highly preferred, particularly with exposure to project-based accounting.
Experience with Enterprise Resource Planning (ERP) systems is a must, with a preference for experience in Navision.
Demonstrable experience in project costing and Work-in-Progress (WIP) revenue recognition is required.
Fluent in English, Malay, and Chinese.
