Executive, Financial Reporting

Overview

Prepare and oversee MHB Group’s consolidated financial statements, statutory reports, and audits.

Key Responsibilities

• sap journals
• financial closing
• consolidation
• intercompany
• statutory reporting
• audit coordination

Tasks

-Assist with obtaining Group BAC approval for adoption of new accounting policies and standards. -Ensure completeness and accuracy in recording all financial transactions as well as meeting the prescribed reporting deadlines. -To execute the preparation of MHB Group’s financial statements and statutory reporting, ensuring accuracy, comprehensiveness and in compliance with prevailing statutory, regulatory & group reporting requirements. -Assess impact from new accounting standards and regulatory requirements to the Group. -Prepare the full set of accounts for entities within MHB Group including posting of accounting journals in SAP. -To collaborate in ensuring proper consolidation, statutory reporting, external audit coordination, and continuous improvement of reporting processes. -Performing intercompany eliminations and ensuring proper accounting treatments for the Group. -Continuously improve reporting processes to enhance monthly submissions. -Monitor intercompany balances including resolution of intercompany differences escalated by FSSC. -Execute the period end financial closing activities across MHB Group according to the prescribed timeline. -Execute period end activities for corporate entities including coordination and liaising with the Finance Shared Service Centre (FSSC). -Preparation of monthly reporting to internal management (MC Meeting) and to external management (FMM Meeting). -Apply continuous improvement in accounting processes, systems, and reporting accuracy by reviewing current practices and implementing process enhancements to increase operational efficiency and accuracy in financial reporting. -Prepare accurate and compliant financial statements and reports that support the external and internal audit processes. -Ensure financial information documents are safely stored and easily retrievable for internal usage (e.g. MMHE and MHB’s management, MISC), external audit purposes, and in meeting statutory requirements. -Manage annual audit activities. -Assist in the production of annual financial statement and annual reports. -Prepare materials for MISC Group Annual General Meeting in accordance with statutory requirements, and questionnaires. -Act as the primary point of contact for the parent company on all ad hoc financial reporting queries and requests to provide detailed responses. -Provide financial information to cross-functional departments to support budgeting, forecasting, decision-making, and operational needs, ensuring clarity in all communications. -Provide support to the Manager in any ad-hoc assignments and manage the assignments within the stipulated time given without compromising the routine assignments. -Preparation of quarterly reporting to BAC & BOD members. -Assist in hard close audit findings and closure of open items. -Prepare the consolidated financial report for MHB Group in compliance with applicable standards. -Manage the update of cost allocation basis for corporate entities in the accounting information system with all stakeholders for period close activities. -Assist in the assessment of performance of the External Auditors. -Analyse, plan and manage costs of the department, division, project, product and/or business of the organisation. -Prepare response for all queries from MISC and the Group Leadership Team on consolidated Financial Statements. -Prepare and update General & Administrative (G&A) reports on a monthly basis, and support the Business Analysis team by providing insights based on actual results to enhance management’s understanding of overhead costs. -Facilitates audit fieldwork by providing necessary documentation and explanations, and addresses audit queries promptly. -Prepare quarterly reporting to Bursa Malaysia, which includes supporting documents i.e. movement analysis. -Produce monthly, quarterly and year end financials and statutory reports of accounts for entities within MHB Group for submission to MISC Group according to the prescribed timeline. -Prepare and distribute MHB Group management reports to MHB Leadership team and MISC Group. -Assist Business Analysis (BA) team in budget exercise by sharing the financial insights and reports by gathering and analysing data and trends. -Review trial balances prepared by FSSC, including post-close adjustments as needed. -Establish, foster and maintain professional relationships with both internal and external parties/clients to continuously obtain "insider / outsider" information on legislative requirements, advise on action plans and collaborative / synergised efforts that will impact positively on the Company’s performance.

Requirements

• acca
• cpa
• icaew
• micpa
• bachelor's
• 3 years

What You Bring

-Professional Certificates (ACCA or CPA or ICAEW or MICPA). -Understand relevant accounting standards, regulatory requirements and organisation’s policies and procedures and to be able to apply in the review of statutory and management reporting. -Bachelor’s Degree in Accounting or Finance -To understand the application of financial and accounting standards, policies and procedures. -3 years’ experience in related field

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About Malaysia Marine & Heavy Engineering

-Listed in 2010 with backing from Technip and MISC, it has delivered complex projects like FPSO Kikeh and the world’s largest land-built semi-submersible Gumusut-Kakap -Operates two massive Pasir Gudang fabrication yards and three of Southeast Asia's largest dry-docks, executing offshore construction, vessel conversion and LNG-carrier repair -Offers full EPCIC scope for offshore structures, plus conversion of tankers/rigs and high-value life-extension/refit services -Expanding into green-energy infrastructure—carbon capture, offshore wind substations, green-hydrogen and hydrogen-related facilities -Collaborates with global engineering leaders (Samsung Heavy, Technip, ATB Riva) to transfer deep-water fabrication know-how -Notable for pioneering deep-water FPSO projects in Malaysia and for building one of Southeast Asia’s largest marine fabrication complexes

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