MISC Group Hiring! Full Time Executive, Financial Reporting - Special Projects in Federal Territory - Ricebowl

JOB PURPOSE:

• Execute the financial accounting activities, prepare and analyse the periodic Financial Accounts and Management Reports of the assigned GAS companies to ensure effective and efficient management of accounts.

PRINCIPAL ACCOUNTABILITIES:

Financial Accounting

• Prepare month end closing checklist and monitor closing process
• Provide input to FSSC for calculation and accounting entries
• Provide information to resolve reconciliation issues and review reconciliations & intercompany balances.
• Identify and provide instructions with necessary information / calculations to FSSC to ensure fixed assets and project-in progress additions, transfers and deletions, as well as periodic processing are timely and accurately updated in the financial statement.

Financial & Statutory Reporting

• Prepare a comprehensive variance analysis on periodic Financial Statements for the assigned GAS companies for GAS/MISC Senior Management’s decision making and Client’s requirements and queries.
• Extract, gather financial data and prepare statutory and regulatory reports for monthly, quarterly and year end financials.
• Prepare financial statements for external audit purposes and coordinate with auditors towards the smooth finalization of Audited Accounts.
• Prepare the respective submissions in relation to Lembaga Hasil Dalam Negeri (LHDN/IRB) requirements & notifications, tax computations and tax payments for the assigned GAS companies.

Cash Flow & Fund Management

• Compile information, prepare cash flow forecasting report and perform analysis
• Plan and monitor the assigned GAS companies’ funds efficiently and effectively to ensure sufficient fund is available at all times to meet company’s commitments (loan and interest repayment, vessel operating cost and payment to service providers).
• Ensure that revenues collected from charterers are matched with the company‘s commitments and the excess fund is reinvested in the money market for additional income.
• Keep an updated record of payment schedules and fund portfolio reports for future planning purposes.
• Manage opening of bank account and review and provide approvals for Auto Bank Recon for FSSC In-House Bank Account and non IHA bank account

Loan Management

• Monitor loan and interest repayments as well as loan management such as loan waterfall, covenant, DCMR
• Furnish info to Group Treasury for further submission to BNM and Department of Statistics on the interest expense and accrued for the quarter.

Special Projects

• Prepare and monitor financial related requirements such as, impairment, financing, goodwill calculations, etc. in ensuring comprehensive assessment on financial aspects to the potential.
• Consolidate information/input in relation to financial matters in the contract or agreement.

REQUIREMENT & EXPERIENCE:

• Minimum 7 - 10 years of relevant working experience with a minimum 3 - 5 years of experience in accounting, audit or finance.
• Minimum 2 years of specific experience in financial or management accounting, with experience in managing full set statutory requirements.
• Degree in Accounting, Finance or Professional qualification.