Finance & Administration Manager
Varel Energy Solutions
- Kuala Lumpur
- Permanent
- Full-time
- Review and process all AP, AR invoices and bank transactions on daily basis.
- Record Intercompany invoices and coordinate with all legal entities to ensure timely recording of invoices and confirm balances on monthly basis.
- Coordinate with HR and processes payroll after seeking appropriate approvals.
- Coordinate with Customers and Vendors for timely receipts and payments.
- Prepare balance sheet and bank reconciliations on monthly basis.
- Prepare cash flow in coordination with county director, procurement, and logistics.
- Maintains all accruals for non-PO items, employee benefits and ensures that they are in line with local labor laws.
- Reviews analyses of activities, costs, operations, and forecast data to determine department or division progress toward stated goals and objectives.
- Manages monthly, quarterly, and year-end close processes, ensuring timeliness and accuracy of reporting. Prepares financial management reports including, internal and external monthly financial statements in accordance with IFRS.
- Leads the preparation and coordination of financial audits and assisting auditors during the audit.
- Coordinates with external tax preparation firm to verify tax compliance to assure the accurate and timely completion of all tax returns.
- Prepares financial reports of the company with the assistance of the Financial Controller.
- Performs daily and routine office Administration tasks.
- Bachelor’s degree in Accounting, Financial, or closely related field. Master’s degree preferred.
- Strong understanding of Malaysian accounting standards, tax regulations, and labor laws.
- Strong working knowledge of the general ledger.
- Business knowledge to provide insights and to pose questions with a report or analysis.
- Knowledge of federal, state, and income tax specific filing requirements including analysis of tax-sensitive accounts and calculating income tax adjustments, depreciation, and state apportionment.
- Working knowledge of accounting procedures and standards
- General knowledge of Local tax laws, IFRS, GAAP, and SOX requirements.
- SAP or similar ERP experience preferable.