Group Account Manager

Reports To: Head of Finance

Position Summary:

The Group Account Manager will be responsible for leading the finance and accounting functions of the organization, including budgeting, financial reporting, and compliance. The role requires ensuring the accuracy of financial data, implementing internal controls, and providing actionable insights to support strategic decision making.

Main Duties & Responsibilities:

1. Financial Reporting

• Prepare and sign off monthly, quarterly, and annual financial statements.
• Oversee all financial reporting, ensuring accurate and timely preparation of monthly, quarterly, and annual financial statements.
• Review the accounts prepared by executives to identify errors, provide guidance for reconciliation and resolve discrepancies.
• Implement a standardized reporting template for all the business entities.

2. Financial Analysis & Forecasting

• Deliver a detailed granular root cause variance analysis (e.g., actuals vs. budget) for all key financial metrics every month.
• Provide actionable SMART (Specific, Measurable, Achievable, Realistic, and Timely) recommendations for underperforming metrics.
• Develop a financial dashboard to monitor performance for the Head of Finance and Management Committee.

3. Compliance and Internal Controls

• Ensure financial reporting statements adhered to Malaysian Financial Reporting Standard (MFRS) or Generally Accepted Accounting Practice and tax laws in the relevant countries. 
• Manage audits, including internal and external, to ensure compliance and address any findings promptly.
• Develop and implement internal controls working together with other departments to safeguard company assets and maintain the integrity of financial data.
• Complete all external audits and make submission to authority within the stipulated timelines.
• Identify areas of financial risk and work to mitigate them.

4. Operation Support

• Provide assistance to operational teams to analyze financial performance at each location and recommend cost-saving initiatives.
• Provide financial guidance for new location rollouts, old location closure including cost estimation and ROI analysis.

5. System, Policy and Procedures

• Develop the internal account policies with Head of Finance and prepare documentation of day-to-day operation manual for each of the accounting functions with step-by-step detail to ensure seamless transition of new recruit to the departments.
• Oversee day-to-day full accounting functions by providing guidance to each subordinate and provide constant update of documented procedures bi-annually, for accounts payable, accounts receivable, and general ledger management etc.
• Develop and maintain a financial reporting system that complies with regulatory requirements for IPO readiness.

6. Team Leadership

• Build, mentor, and lead a high-performing accounting team fostering a culture of accountability and customer focus.
• Communicates and explains new directives, policies, or procedures to employees; meets with entire accounting staff to explain changes, answer questions, and maintain morale.
• Work closely with the CEO/COO/Head of Finance to support corporate related activities, including but not limited to due diligence, audits, and reporting.

7. Other Duties & Responsibilities

• Relieve other person for any in operation department in his/her absence.
• Undertake any other duties/tasks/assignments as directed by the Head of Finance.

Job Requirements:

• Professional certifications such as ICAEW, ACCA, MICPA, CPA, CIMA.
• Minimum of 5 years of experience in accounting, with at least 3 years in a leadership role. 
• Prior experience in retail, F&B, or self-service businesses is strongly preferred.
• Proven track record of managing compliance with tax regulations and statutory reporting.
• Hands-on experience integrating ERP into business operations is an added advantage.
• Demonstrated ability to manage budgets, control costs, and drive profitability.
• Experience preparing a company for IPO or executing large-scale transformation initiatives is a significant advantage.

Knowledge, Skills and Abilities:

• Strong ability to prepare and deliver impactful presentations to senior management, investors, and auditors 
• Proficiency in accounting software and ERP systems.
• Knowledge of preparing and analyzing financial statements, consolidations, and financial disclosures for multi-entities.
• Expertise in designing and implementing budgeting and forecasting processes.
• Proficiency in financial modeling using Microsoft Excel.
• Strong knowledge of local tax regulations, statutory reporting requirements, and compliance frameworks.
• Proactive in identifying opportunities to improve financial performance and streamline operations.
• Strong ability to manage ambiguity and make decisions under pressure.

Only shortlisted candidates will be contacted.