Malaysia Marine & Heavy Engineering Hiring! Full Time Executive, Finance in Johor - Ricebowl

Location: Pasir Gudang

Type of Employment: 6 months contract

JOB PURPOSE

To support the preparation of financial reporting, statutory reporting, and management information in compliance with accounting standards, regulatory requirements, and Company policies. The role provides timely and accurate financial insights to support strategic decision-making, business performance management, financial planning, governance, and continuous improvement of reporting processes and internal controls. The role also supports project cost control activities through cost monitoring, budgeting, forecasting, variance analysis, and performance reporting to enhance financial visibility and support the achievement of Company objectives.

JOB RESPONSIBILITIES

Financial Reporting, Accounting Standards & Governance

• Apply relevant financial reporting standards, regulatory requirements, and Company policies in the preparation and review of financial and management reports.
• Assess the impact of new accounting standards and regulatory requirements and support the implementation of changes within the Company.
• Coordinate the preparation of proposals for adoption of new accounting policies and standards, ensuring alignment with applicable MFRS/IFRS requirements.
• Ensure accuracy, completeness, and compliance of financial information in accordance with statutory and Group reporting requirements.

Financial Closing, Consolidation & Reporting

• Support the monthly, quarterly, and year-end financial closing activities, ensuring timely and accurate reporting in accordance with prescribed timelines.
• Prepare and review FPS financial reports, including financial analysis, and supporting schedules.
• Perform review of accounting entries, trial balances, intercompany balances, and post-closing adjustments to ensure appropriate accounting treatments.
• Coordinate with Finance Shared Service Centre (FSSC) and relevant stakeholders to ensure smooth period-end closing.
• Drive continuous improvement initiatives to enhance the efficiency, accuracy, and timeliness of financial reporting processes.

Management Reporting & Financial Analysis

• Prepare financial reports and performance analysis for Management, Board Committees, and shareholders, including monthly, quarterly, and annual reporting requirements.
• Provide insightful analysis on financial performance, key variances, trends, and risks to support management decision-making.

Financial Planning, Budgeting & Forecasting Support

• Lead annual budgeting, forecasting, and Year-End Projection (YEP) exercises through financial analysis and business performance insights.
• Analyse financial data, trends, and business assumptions to support financial planning and decision-making.
• Monitor performance against approved budgets, forecasts, and financial targets, highlighting key areas requiring management attention.

Project Cost Control & Performance Management Support

• Support project cost control activities through accurate cost reporting, monitoring, and performance analysis.
• Support alignment of project financial performance with approved budgets and Company objectives.

Statutory Audit & External Engagement

• Coordinate and support annual external and internal audit activities, ensuring timely provision of information, documentation, and responses to audit queries.
• Support preparation and review of annual financial statements and reports in compliance with statutory and regulatory requirements.
• Monitor closure of audit findings and implementation of agreed corrective actions.
• Support engagement with external auditors, tax authorities, and relevant stakeholders on financial reporting matters.

Digitalisation & Process Improvement

• Identify opportunities to improve finance processes, reporting accuracy, and operational efficiency through automation and technology adoption.
• Support enhancement of financial systems, reporting tools, and data governance practices.
• Promote continuous improvement in finance processes to strengthen reporting effectiveness and internal controls.

Working Capital Management

• Accountable for effective management of accounts receivable activities, ensuring timely billing, collection, and accurate recording of customer transactions.
• Accountable for effective management of accounts payable activities, ensuring timely processing of vendor invoices and payments in compliance with Company policies, contractual obligations, and approval requirements.
• Ensure accurate and timely AR/AP reporting and reconciliation to support monthly, quarterly, and year-end financial closing activities.
• Review and analyse AR/AP balances, including ageing reports, reconciliations, and outstanding items, to ensure completeness and accuracy of financial records.
• Provide relevant financial insights and analysis to support management decision-making.

REQUIREMENT

• 8–10 years of working experience in financial analysis and project cost control/project management, preferably in the oil & gas and construction industry.
• Strong knowledge of financial modelling, project finance, and performance management.
• Familiarity with ERP systems (e.g., SAP) and data visualization tools (e.g., Power BI).
• In-depth understanding of industry-specific financial challenges, including project risks, cost recovery, and regulatory compliance.
• Degree in Finance, Accounting, Engineering, or any related field; professional qualifications such as ACCA, ICAEW, MICPA, CPA, CIMA, or BEM are an added advantage.