Job Purpose
This role is responsible for
overseeing day-to-day financial operations, including the preparation of
financial reports for month-end and year-end closing purposes. This ensures
compliance with internal controls and regulatory requirements while working closely
with cross-functional teams to maintain accurate financial reporting. The
position also contributes to audit readiness, drives overall financial
efficiency, and manages ad-hoc responsibilities such as system enhancements,
process improvements, and participation in company initiatives.
Principle Accountabilities
Month-End closing, Audit & Analysis:
Plan and execute the monthly, quarterly and year end accounts closing
activities by ensuring accuracy and completeness of revenue, cost of revenue
and general administrative accounting records, monitoring of accruals and
prepayment and timely resolution of issue to ensure accuracy and integrity of
data to be used for financial reports produced to the Business on a timely
manner and informative to the relevant stakeholders. Additionally, support
internal and external audits by providing necessary documentation and
assistance to the audit teams.
HQ Cost Allocation:
Accountable for the accurate allocation of Enabler OPEX to appropriate
business lines, ensuring precise cost distribution. This process drives value
creation and maximizes cost recovery by aligning operational expenses with
business needs, ultimately enhancing financial efficiency and performance.
Asset Management:
Perform assets monitoring
and validation, timely recognition of capital expenditure with subsequent
project capitalisation and componentisation, asset valuation and disposal
de-recognition based on applicable accounting standards in order to ensuring
all project in progress and fixed assets are properly managed, valued and
recorded.
Acting as Secretary for
Asset Write-Off / Disposal Committee (AWDC) in ensuring asset write-offs /
disposals are in accordance with the applicable policies and procedure of
PETRONAS and applicable accounting standards
Inventory Management:
Responsible for validating and verifying inventory reports by reconciling
stock data, identifying and resolving discrepancies, and ensuring the accuracy
and integrity of inventory records. Perform monthly Weighted Average Cost of
Capital (WACC) calculations and ensure appropriate and accurate cost allocation
across all inventory categories.
Treasury & Banking:
Accountable for liaising with the bank, in
coordination with the Group Treasury Department, to effectively manage and
optimize the company’s banking facilities. Additionally, responsible for
overseeing documentation and administrative tasks related to new banking
applications and facilitating communication on all banking matters.
Payments:
Developing a payment proposal plan in accordance with established payment
terms and submitting it for review and approval. Ensuring timely payment
processing within the defined terms. Managing the payment schedule and
monitoring cash flow to maintain financial efficiency.
CN & DN Approver:
Verifying and approving internal credit and debit notes to ensure
compliance with accounting policies and the established Limits of Authority.
E-Invoice:
Responsible for
overseeing e-invoicing processes, ensuring compliance with regulations,
maintaining accuracy in invoice reconciliation, managing related documentation,
and serving as the main contact for e-invoicing queries and troubleshooting.
The role also involves coordinating with finance (billing teams) and ensuring
seamless execution of e-invoicing workflows.
Taxation
To ensure compliance with statutory corporate tax, Sales & Service
Tax (SST), and transfer pricing regulations by resolving issues identified by
the Group Tax Department and ensuring full adherence to regulatory
requirements. Collaborate with Group Tax on business growth initiatives to
ensure effective tax planning and alignment with applicable tax obligations.
Process flow (WPM)
Initiate the process flow and work procedure manual to ensure clarity and
understanding of the company process. To make sure all the process within the
company are standardized and for error reduction.
Initiative/ Ad-hoc Task:
Plan, coordinate & manage any additional tasks relating to the
financial accounting operations. This may include among others but not limited
to system and process improvements and company initiatives, adoption of
internal and external policies as instructed by the Management etc.