General Ledger Accounting Manager

Position Title: Accounting Manager (General Ledger & Financial Reporting)

Department: Product Marketing & Market Research

Location: Shah Alam, Malaysia

Duration: Full Time- Contract

Key Responsibilities:

1. General Ledger & Financial Closing

• Oversee daily general ledger activities, journal entries, account reconciliations, and financial transactions.
• Manage month-end and year-end closing processes to ensure accurate and timely reporting.
• Review accruals, provisions, prepayments, depreciation, and other accounting adjustments.
• Ensure proper account classification and accurate financial records in SAP.

2. Financial Reporting & Compliance

• Prepare and review monthly financial statements, including profit and loss, balance sheet, and cash flow reports.
• Ensure compliance with Malaysian Financial Reporting Standards (MFRS), statutory requirements, and company accounting policies.
• Analyse financial performance, investigate variances, and provide financial insights to management.
• Support group reporting requirements and coordination with headquarters.

3. Inventory, Costing & Asset Management

• Oversee accounting for vehicle inventory, spare parts, fixed assets, and related transactions.
• Review vehicle sales recognition, dealer transactions, rebates, and inventory costing.
• Support accounting activities related to CBU/CKD vehicles, local assembly, procurement, and logistics.
• Ensure accurate recording of asset depreciation, capitalization, and disposal.

4. Audit, Tax & Internal Controls

• Coordinate with internal and external auditors during financial audits.
• Prepare audit schedules, supporting documents, and statutory reporting information.
• Work with the Tax Manager and relevant stakeholders on SST, corporate tax, withholding tax, and e-Invoicing matters.
• Strengthen internal controls and ensure compliance with financial policies and procedures.

5. Intercompany & Cross-Department Coordination

• Manage intercompany reconciliations and transactions with headquarters and related companies.
• Collaborate with Accounts Payable, Accounts Receivable, Treasury, Sales, Procurement, and Operations teams.
• Support budgeting, forecasting, and cost monitoring activities.
• Ensure proper accounting treatment for business transactions and new projects.

6. Team Management & Process Improvement

• Lead, supervise, and guide the accounting team to ensure accuracy and timely completion of tasks.
• Review team deliverables and provide coaching and support.
• Identify opportunities to improve accounting processes, reporting accuracy, and operational efficiency.
• Develop and maintain accounting procedures, documentation, and standard operating procedures (SOPs).

Job Requirements

• Bachelor's Degree in Accounting, Finance, or a related discipline.
• Professional qualifications such as ACCA, CPA, CIMA, or equivalent are an added advantage.
• Minimum 8–10 years of relevant accounting or finance experience , including at least 3 years in a supervisory or managerial capacity.
• Strong experience in general ledger accounting, financial closing, reconciliations, and financial reporting.
• Good knowledge of Malaysian Financial Reporting Standards (MFRS), statutory requirements, and accounting principles.
• Familiarity with Malaysian taxation, SST, withholding tax, and e-Invoicing requirements.
• Hands-on experience with SAP, preferably SAP FI/CO, and proficiency in Microsoft Excel.
• Experience in automotive, manufacturing, trading, or multinational companies is preferred.
• Knowledge of inventory accounting, fixed assets, and costing is an added advantage.
• Strong analytical, problem-solving, and organisational skills.
• Good leadership and communication skills, with the ability to work across different departments.
• Good command of written and spoken English. Mandarin proficiency is an added advantage for communication with headquarters and relevant stakeholders.
• High level of accuracy, integrity, accountability, and attention to detail.