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Accountant – Corporate Reporting

Accountant – Corporate Reporting

Hibiscus PetroleumKuala Lumpur, Kuala Lumpur, Malaysia
30+ days ago
Job description

Accountant – Corporate Reporting

Posted On : April 4, 2025

Location : Kuala Lumpur

Job Function : Finance & Accounting

Employment Type : Permanent

The Corporate Reporting Accountant is responsible for the financial management of corporate entities, including timely and accurate financial reporting, compliance with accounting standards, tax and audit liaison, and short-term cash flow planning. The role also supports group consolidation efforts, oversees related party transactions, contributes to business planning, and participates in compliance, automation, and other finance-related initiatives.

KEY ACCOUNTABILITIES

  • Responsible for corporate entities entity-level financial management.

Manages monthly, quarterly and annual financial close and financial report :

Timely and accurate close process and submission to Group for consolidation purposes.

  • Assist in preparation of supporting working files and information to be furnished to consolidation team.
  • Ensure compliance with accounting standards and Group policies.
  • Liaison with external and internal auditors, tax agents and bankers.
  • Ensure accruals, provisions, expenses, and forex (realized and unrealized) are taken up accurately.
  • Perform periodic recoverability assessment on investments in subsidiaries and intercompany balances.
  • Preparation of monthly Latest Estimate for two financial quarters.
  • Oversees all related party transactions activities.
  • Supervising and / or reviewing 3rd party invoices and payments.
  • Assist in reviewing outgoing invoices to inter-companies.
  • Short-term cash flows forecast and management which includes :
  • Detail phasing of all payments on a weekly basis.

  • Assist in reviewing the weekly cash planning which includes term placements for excess funds.
  • Manage the direct and indirect tax compliance of the entities in charge.
  • Assist in investment holding segment cost recovery.
  • Involve in other compliance matters, when necessary :
  • Monthly tracking and analysis of expenses against the business plan, when applicable.

  • Periodic reporting to Bank Negara Malaysia.
  • Preparation of Shariah-compliance assessments.
  • Loan covenant.
  • Assist in preparation of annual Business Plan.
  • Assist in Group wide automation initiative and ITGC related matters.
  • Other ad-hoc duties as prescribed by the superior to assist in achieving Finance Department’s objectives.
  • KEY SKILLS & QUALIFICATIONS

  • Possesses at least a Degree in Accounting / Finance, CPA, ACCA or relevant qualification. At least 4-5 years of relevant working experience in audit and commercial (exposure to public listed company in Malaysia is an advantage, but not necessary).
  • Strong experience in closing full set of accounts.
  • Good understanding of accounting standards.
  • Good analytical and reasoning skills.
  • Knowledge of SUN system will be an advantage.
  • Deadline oriented, meticulous and keen attention to details.
  • Self-motivated and ability to work in a team.
  • Assertive and able to work under pressure and tight deadlines.
  • Apply Now

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    Accountant • Kuala Lumpur, Kuala Lumpur, Malaysia

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