Job Description

We are seeking a highly motivated and detail-oriented finance professional to join our dynamic Finance team. This role is pivotal in ensuring the delivery of timely, accurate and insightful month-end closings for Great Eastern Group of Companies. You will also play a key role in ensuring compliance with accounting standards, tax regulations and internal policies.

Fixed Asset

•  To maintain and update fixed asset register and schedules of the entity.
•  To ensure accurate recording of asset transactions including additions, disposals, depreciation etc.
•  To monitor internal project progress to ensure timely capitalization of assets.
•  To perform reconciliations of fixed asset records with accounting systems and address any discrepancies.

Management Expenses / Accruals

•  To keep track of the monthly expenses against the approved budget.
•  To liaise with the respective Business Units on the release of accruals.
•  To prepare journal entries for monthly accrual, cost reclassifications and allocations.
•  To prepare commentary and address any abnormalities of the monthly expenses and/or accruals.

Leases

•  To maintain the lease register and ensure accurate updates for new, renewed or expired leases.
•  Coordinate with Business Units to validate lease changes.
•  To prepare lease schedules in accordance with the IFRS 16 Leases.
•  To ensure the necessary accounting entries in relation to the leases are posted to the system on timely basis.

Intercompany Transaction

•  To compile and verify all the necessary documents for intercompany transactions.
•  To allocate the intercompany transaction expense and issue billing together with Statement of Account to the respective company on monthly basis. 
•  To ensure the intercompany transactions are accurately captured in the system on monthly basis.
•  To perform monthly reconciliations on the intercompany balances and to address discrepancies immediately.
•  To perform intercompany settlement on timely basis.

Property Account

•  To manage monthly closing for property management business.
•  To prepare the necessary journals for monthly expenses.
•  To monitor earnings yields of properties to ensure consistent performance.

Tax Compliance and Reporting

•  To prepare and file tax returns, including corporate, withholding and indirect tax returns within the statutory deadlines and ensure compliance with relevant laws and regulations.
•  To coordinate with Investment team to ensure sufficient funds tax payments.
•  To prepare payment request forms and other supporting documents for all tax payments.
•  To prepare the monthly income tax and deferred tax provisions and to ensure the necessary tax entries are posted to the relevant accounts accurately.

Ad-Hoc

•  Perform other ad-hoc duties as assigned by the superior as and when required.

Job Requirements

•  Bachelor’s degree in Accountancy, Finance, or a related field, or a recognised professional qualification (ACCA, CIMA, MICPA, ICAEW, CPA, etc.)
•  Proficiency in Microsoft Excel and experience with accounting systems (e.g., Oracle Financials) preferred.
•  Knowledge of taxation and/or experience in the insurance or takaful industry is an advantage.
•  Strong analytical, numerical, and problem-solving skills.
•  Excellent interpersonal and communication abilities.
•  Highly organized, detail-oriented, and able to meet deadlines under pressure.
•  Self-motivated, committed, and a collaborative team player.

Skills