To execute the preparation of MHB Group's financial statements and statutory reporting, ensuring accuracy, comprehensiveness and in compliance with prevailing statutory, regulatory & group reporting requirements.
To collaborate in ensuring proper consolidation, statutory reporting, external audit coordination, and continuous improvement of reporting processes.
To understand the application of financial and accounting standards, policies and procedures.
JOB RESPONSIBILITIES
Understand relevant accounting standards, regulatory requirements and organisation's policies and procedures and to be able to apply in the review of statutory and management reporting.
Assess impact from new accounting standards and regulatory requirements to the Group.
Assist with obtaining Group BAC approval for adoption of new accounting policies and standards.
Prepare the consolidated financial report for MHB Group in compliance with applicable standards.
Performing intercompany eliminations and ensuring proper accounting treatments for the Group.
Execute the period end financial closing activities across MHB Group according to the prescribed timeline.
Prepare the full set of accounts for entities within MHB Group including posting of accounting journals in SAP.
Execute period end activities for corporate entities including coordination and liaising with the Finance Shared Service Centre (FSSC).
Monitor intercompany balances including resolution of intercompany differences escalated by FSSC.
Manage the update of cost allocation basis for corporate entities in the accounting information system with all stakeholders for period close activities.
Review trial balances prepared by FSSC, including post-close adjustments as needed.
Ensure completeness and accuracy in recording all financial transactions as well as meeting the prescribed reporting deadlines.
Continuously improve reporting processes to enhance monthly submissions.
Produce monthly, quarterly and year end financials and statutory reports of accounts for entities within MHB Group for submission to MISC Group according to the prescribed timeline.
Preparation of monthly reporting to internal management (MC Meeting) and to external management (FMM Meeting).
Preparation of quarterly reporting to BAC & BOD members.
Prepare quarterly reporting to Bursa Malaysia, which includes supporting documents i.e. movement analysis.
Prepare and distribute MHB Group management reports to MHB Leadership team and MISC Group.
Manage annual audit activities.
Prepare accurate and compliant financial statements and reports that support the external and internal audit processes.
Assist in the production of annual financial statement and annual reports.
Facilitates audit fieldwork by providing necessary documentation and explanations, and addresses audit queries promptly.
Assist in hard close audit findings and closure of open items.
Assist in the assessment of performance of the External Auditors.
Prepare materials for MISC Group Annual General Meeting in accordance with statutory requirements, and questionnaires.
Assist Business Analysis (BA) team in budget exercise by sharing the financial insights and reports by gathering and analysing data and trends.
Analyse, plan and manage costs of the department, division, project, product and/or business of the organisation.
Prepare and update General & Administrative (G&A) reports on a monthly basis, and support the Business Analysis team by providing insights based on actual results to enhance management's understanding of overhead costs.
Apply continuous improvement in accounting processes, systems, and reporting accuracy by reviewing current practices and implementing process enhancements to increase operational efficiency and accuracy in financial reporting.
Ensure financial information documents are safely stored and easily retrievable for internal usage (e.g. MMHE and MHB's management, MISC), external audit purposes, and in meeting statutory requirements.
Provide support to the Manager in any ad-hoc assignments and manage the assignments within the stipulated time given without compromising the routine assignments.
Establish, foster and maintain professional relationships with both internal and external parties/clients to continuously obtain insider / outsider information on legislative requirements, advise on action plans and collaborative / synergised efforts that will impact positively on the Company's performance.
Provide financial information to cross-functional departments to support budgeting, forecasting, decision-making, and operational needs, ensuring clarity in all communications.
Prepare response for all queries from MISC and the Group Leadership Team on consolidated Financial Statements.
Act as the primary point of contact for the parent company on all ad hoc financial reporting queries and requests to provide detailed responses.
REQUIREMENTS
Bachelor's Degree in Accounting or Finance
Professional Certificates (ACCA or CPA or ICAEW or MICPA).
