Malaysian Industrial Development Finance Berhad (MIDF)

Assistant Vice President, Group Reporting - Group Finance

Location
Menara MIDF, Jalan Raja Chulan, Kuala Lumpur
Salary
Not disclosed
Posted
05 Oct 2021
Closes
05 Nov 2021
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time
Experience level
Manager

Key Purpose

Execute day to day functions of Accounting Unit (including Group Reporting) in compliance with the Service Level Agreement.

Key Responsibilities:

  1. Group ALCO Reporting 
    • Co-ordinate Group Asset Liability Committee (“ALCO”) Reporting Pack for timely distribution to ALCO.
    • Identify and implement process improvements over the month end closing process and preparation of financial statements.
  2. Group Reporting & Accounting for Development Finance Division​​

    • Review the overall month end closing processes to ensure timely closing
    • Identify and implement process improvements over the month end closing process and preparation of financial statements
    • Functions include preparation of annual budgets/forecast activities and submission to regulators when required.
    • Co-ordinate and provide required information to external stakeholders.
    • Monitor and perform variance analysis for key operating expenses line items on a group basis.
  3. Policies & Procedures/ Ad-Hoc​​

    • Maintain and update identified list of policies and procedures
    • Execute and follow through any work that may be assigned from time to time by supervisor and/or by management. 

Requirements:

  • At least 7 years experience in Finance function, preferably in financial services.  
  • Candidate must possess at least a Bachelor's Degree in Accounting and Finance. Professional accounting qualification is an added advantage.
  • Good understanding of MFRS applications.
  • Good knowledge in accounting entries.

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