Finance Executive (GL)

About the role:
As a Finance Executive at O2 KLINIK SDN BHD, you will be responsible for supporting the financial accounting and reporting functions within the organisation. This full-time position is based in Ayer Itam Penang and will play a key role in ensuring the accuracy and timeliness of the company's financial records and statements.

What you'll be doing:
1. General Ledger Management

-Record Financial Transactions: Post all journal entries to the general ledger, including adjusting, accrual, and reversing entries.

-Account Reconciliation: Perform monthly and annual reconciliations of all balance sheet accounts to ensure accuracy and completeness of financial records.

-Maintain Chart of Accounts: Ensure the chart of accounts is up-to-date and aligned with accounting standards and internal requirements.

-Month-End and Year-End Close: Support the month-end and year-end closing processes, including ensuring all journal entries are posted, accruals are made, and account balances are reviewed and reconciled.

2. Financial Reporting

-Prepare Financial Statements: Assist in the preparation of monthly and annual financial statements (income statement, balance sheet, cash flow statement).

-Variance Analysis: Analyze variances between actual results and budgeted or forecasted amounts, highlighting any discrepancies for management review.

-Compliance with Accounting Standards: Ensure compliance with Generally Accounting Principles (GAP), International Financial Reporting Standards (IFRS), or other relevant financial reporting standards.

-Audit Support: Provide documentation and support for external audits, including explanations for significant transactions, account balances, and discrepancies.

3. Internal Controls and Documentation

-Ensure Accurate Documentation: Maintain proper documentation for all financial transactions, including journal entries, supporting schedules, and reconciliations.

-Internal Controls: Assist in maintaining internal control systems to safeguard the company’s assets and ensure the integrity of financial records.

4. Tax and Regulatory Compliance

-Tax Filings: Support the preparation of tax filings, as well as assisting with corporate tax reporting requirements.

-Regulatory Reporting: Ensure timely and accurate filing of all financial reports required by regulatory authorities, including local compliance.

5. Process Improvement

-Identify Process Inefficiencies: Continuously review and identify opportunities for improving the general ledger and accounting processes, including automation opportunities.

-System Implementation & Upgrades: Participate in the implementation or upgrade of financial software and systems, providing support for data migration and ensuring integration with the general ledger.

6. Collaboration and Communication

-Liaise with Other Departments: Work closely with other departments, such as Accounts Payable, Accounts Receivable and HR (Payroll) to ensure seamless accounting operations.

-Communication with Stakeholders: Regularly communicate with senior management, auditors, and external stakeholders regarding financial data and reports.

7. Other Responsibilities

-Assist in Budgeting and Forecasting: Provide input into the budgeting and forecasting process, ensuring financial data aligns with business expectations and objectives.

-Ad-hoc Financial Projects: Participate in special finance projects, such as due diligence for mergers and acquisitions, system upgrades, or financial restructuring.

What we're looking for:

1. Bachelor’s Degree or Diploma in Accounting, Finance, or a related field. Professional certifications such as CPA, ACCA, or equivalent will be an added advantage.
2. Minimum 2–5 years of relevant working experience in a similar accounting or accounts receivable role.
3. Strong knowledge of accounting principles, with a focus on accounts receivable and cash management.
4. Proficient in accounting systems and Microsoft Excel.
5. Good analytical skills, with the ability to prepare and interpret financial reports and aging analysis.