Responsibilities
Account Receivable Function
- Review and ensure accounts receivables process comply with company policies and statutory requirements.
- Review monthly sales invoices.
- Prepare and posting of journal entries transaction.
- Review credit control and billing procedures and develop enhancements to achieve efficiency.
- Prepare monthly AR schedules.
- Administer monthly revenue accruals and revenue recognition.
- Review reconciliation to ensure completeness and accuracy of daily GL interface from POS/ National billing system.
Financial Reporting
- Prepare and posting of month-end GL entries to ensure all costs are properly accrued.
- Prepare monthly and quarterly P&L for submission to Group Finance, including cost variance analysis.
- Prepare monthly audit schedules, including ROU detailed workings.
- Prepare monthly segmental reporting for management purpose.
- Prepare financial analysis by customer account for business review to ensure sustainable financial performance.
Financial Budget and Forecast
- Prepare rolling P&L forecast.
- Prepare annual budgets.
Finance operation
- Assess monthly for new contract if contract qualifies for FRS 116 lease capitalization.
- Perform monthly internal cost allocation for segmental reporting.
- Involve in detailed costing exercise for price setting purpose.
- Involve in internal and external audits.
- Liasing with auditor to prepare the required audit information and schedules as requested.
- Participate in ad-hoc projects and duties as and when required.
Systems and process streamlining
- Review Standard Operating Procedure (SOP) and Work Instruction (WI) for finance operations as and when required.
- Review existing Finance work processes to ensure compliance with company financial policies and critical controls that meet business environment, and also to drive productivity initiatives for work efficiency.
- Support and contribute to systems implementation projects (i.e., National Billing System) and its change management tasks.
- Support new and on-going projects to enhance Finance process and controls, e.g. AI tools
Requirement
- Accountancy Degree or ACCA.
- Preferably proficient in SAP system.
- At least 4 years of relevant experience in AR, GL, full set accounting and audit
- Familiar with FRS 116.
- Good communication and interpersonal skills
- Able to work in a fast-paced environment.
