Reports To: Head, Financial Reporting
Purpose:
Manage financial accounting operations to optimize the international assets of company while ensuring compliance with Group policies and statutory requirements.
Principal Accountabilities:
- Financial Accounting:
- Oversee the accounting team to ensure efficient management of accounts in compliance with Group policies and statutory requirements.
- Joint Venture Management:
- Review and manage financial accounting activities of Joint Venture companies, ensuring adherence to policies and statutory requirements.
- Management Reporting:
- Review periodic management reports and Performance Review processes to monitor company’s initiatives and budget achievements.
- Board Approvals:
- Prepare and present Board papers for Exco and Board meetings.
- Cash Flow Management:
- Ensure effective management of Accounts Payable and Receivable to optimize cash flow forecasting and funding for company and its Joint Ventures.
- Budgeting:
- Lead the development of company’s annual and 5-year budget for optimal resource allocation.
- Internal Control Maintenance & Development:
- Implement and maintain standard operating procedures (LOA, SAF, FCF) and ensure compliance with Labuan Financial Services Authority (LFSA).
- People Development:
- Motivate, coach, and develop subordinates to enhance team capabilities.
Key Challenges:
- Ensure compliance with accounting standards and meet strict reporting deadlines.
- Timely submission of budget numbers, including forecasted new projects.
- Establish effective Joint Venture management with proper reporting and timely submissions.
Requirements
- Degree in Accounting, Finance, or equivalent.
- Professional qualification (e.g., ACCA/CIMA) is an added advantage.
- 10–12 years of relevant experience in accounting/finance/management accounting.
- Minimum 3 years of specific experience in financial accounting operations, budgeting, forecasting, and management reporting for senior leadership.