CTOS Digital is a key player in ASEAN credit reporting landscape, enabling digital credit solutions through strategic investment and innovation. We empower individual and business with the confident to make sound credit decision through access to data and insights at greater ease and speed.
Are you a finance professional who thrives on driving financial accuracy, strengthening controls, and delivering meaningful business insights We're seeking a reliable and detail-oriented Assistant Manager, Financial Reporting to join our team. This role offers the opportunity to lead Cost of Sales (COS) accounting, financial reporting, statutory compliance, and process improvement initiatives while partnering closely with business stakeholders.
If you are passionate about financial control, analytical problem-solving, and driving operational efficiency, we would love to hear from you.
Here's How You Will Add Value:
Cost of Sales Management & Financial Control
- Manage and execute end-to-end Cost of Sales (COS) accounting activities to ensure completeness, accuracy and compliance with company policies and accounting requirements.
- Review and validate vendor invoices, perform reconciliations and investigate discrepancies to ensure vendor billings are accurate, valid and properly supported.
- Liaise with vendors and internal stakeholders to resolve invoice, billing and reconciliation issues in a timely manner.
- Prepare, review and post month-end accounting entries relating to COS, including accruals, prepayments, reclassifications and other adjustments.
- Perform monthly account reconciliations, maintain accurate balance sheet schedules and ensure timely resolution of reconciling items, aged balances and outstanding transactions.
- Ensure completeness and accuracy of supporting schedules, reconciliations and documentation for audit, financial reporting and regulatory purposes.
- Analyse COS movements, cost trends, significant variances and prepare supporting analyses and explanations as required.
- Support cash flow forecasting activities by providing timely and accurate information on COS expenditure and anticipated payment obligations.
- Review and approve Purchase Requisition (PR) and Purchase Order (PO) requests and review vendor agreements to ensure expenditure is incurred in accordance with approved arrangements and company policies.
- Support stakeholders in determining the appropriate accounting treatment and General Ledger (GL) coding for COS-related transactions and new business initiatives.
- Coordinate with relevant stakeholders to define and implement usage reporting requirements for new vendors, products and services to support accurate invoice verification, reconciliation and financial reporting.
- Support system enhancements and reporting initiatives to strengthen COS controls, reporting accuracy and operational efficiency.
Financial Reporting
- Support month end closing activities to ensure timely and accurate financial reporting.
- Prepare and review monthly, quarterly and annual financial reports in accordance with applicable accounting standards and regulatory requirements.
- Analyse financial results and provide commentary on key variances and trends.
- Support the preparation of Board papers, management reports and financial presentations.
Statutory Reporting & Compliance
- Ensure timely preparation and submission of statutory financial statements and regulatory reports.
- Monitor compliance with Malaysian Financial Reporting Standards (MFRS), Companies Act, Bursa Malaysia requirements and other relevant regulations.
- Liaise with external auditors and regulatory authorities on financial reporting matters.
- Support the annual audit process and ensure audit requirements are completed efficiently.
Internal Controls & Governance
- Maintain and strengthen financial and operational controls, policies and procedures.
- Ensure compliance with internal governance requirements and risk management frameworks.
- Identify control gaps and recommend enhancements to strengthen governance, compliance and operational effectiveness.
Business Support & Stakeholder Management
- Provide guidance and support to finance team members on accounting, reporting and compliance matters.
- Partner with finance and business teams to ensure accurate financial data and reporting.
- Provide financial analysis and reporting support for management decision-making.
- Collaborate with cross-functional teams on finance-related projects and initiatives.
- Build and maintain effective working relationships with business units and key stakeholders to support operational and financial objectives.
- Support implementation of new accounting standards, reporting requirements and system enhancements.
Process Improvement
- Drive process improvement initiatives, system enhancements and automation opportunities to strengthen controls, improve efficiency and enhance reporting accuracy.
- Participate in ERP and finance transformation projects.
- Enhance reporting efficiency through process optimization and best practices.
What you'll need to succeed:
Qualifications
- Bachelor's Degree in Accounting, Finance, or a related discipline.
- Professional qualification such as ACCA, CPA, ICAEW, CIMA, or equivalent is preferred.
Work Experience
- 5+ years of relevant experience in accounting, financial control, financial reporting or audit.
- Experience in month-end closing activities, including accruals, prepayments, account reconciliations, and balance sheet management.
- Experience in vendor invoice verification, reconciliations and operational accounting processes is preferred.
- Experience in preparation of statutory financial statements and supporting audit requirements.
- Prior experience in a listed company, financial services, fintech, shared services, or audit environment is an advantage.
- Experience working with ERP systems, financial reporting tools and large volumes of transactional data.
- Experience in process improvement, system implementation or automation initiatives is an advantage.
Skills & Competencies
- Strong knowledge of accounting principles, financial reporting standards (MFRS/IFRS) and internal control practices.
- Good understanding of month-end closing processes, accruals, prepayments, account reconciliations, and balance sheet controls.
- Strong analytical, problem-solving and financial interpretation skills.
- High attention to detail and accuracy, with the ability to identify and resolve discrepancies.
- Proficient in Microsoft Excel, PowerPoint, and ERP/financial systems.
- Good project management, planning and organizational skills.
- Effective communication and stakeholder management abilities, with the capability to work collaboratively across business functions.
- Ability to work independently, manage multiple priorities and perform under pressure within tight deadlines.
- Strong teamwork, leadership potential, coaching and people development capabilities.
- Demonstrates integrity, professionalism, commercial awareness and sound business judgment.
