Senior Executive (Group Consolidation)

A well-established organisation in Kuala Lumpur is seeking a Senior Executive, Group Consolidation to support its corporate finance function. This role offers the opportunity to be involved in the full spectrum of group consolidation activities, financial reporting, and audit coordination across multiple entities. You will work closely with subsidiary finance teams, auditors, and senior management to ensure the timely and accurate preparation of consolidated financial information. This is an excellent opportunity for finance professionals who enjoy technical accounting, group reporting, and working within a complex corporate structure. Key Highlights * Play a key role in the preparation of group and sub-group consolidation accounts, ensuring accuracy and compliance with relevant accounting standards. * Gain exposure to a multi-entity environment, working closely with subsidiary finance teams and external auditors on group reporting matters. * Contribute to management reporting, annual budgeting exercises, and financial analysis that support business decision-making.

What you'll do:

As a Senior Executive Group Consolidation based in Kuala Lumpur, you will be entrusted with responsibilities that are central to the organisation’s financial health. Your day-to-day activities will involve collaborating closely with subsidiary accountants to gather accurate data for group consolidation processes. You will prepare intricate group journals and resolve intercompany balances through effective communication. Your role extends to supporting audit preparations by drafting comprehensive notes on key financial areas such as assets, investments, borrowings, and provisions. Monthly management reporting and annual budget preparation will see you interacting with top management, providing them with essential information for strategic decisions. Liaising with auditors forms another crucial aspect of your work, ensuring compliance and transparency throughout the financial statement preparation process. Success in this role requires attention to detail, strong interpersonal skills, and a commitment to maintaining high standards even when working beyond regular hours.

• Assist in the group consolidation process as well as sub-group consolidations by inputting data accurately and preparing complex group journals such as intercompany elimination journals.
• Resolve intercompany balance discrepancies by communicating effectively with subsidiary accountants to ensure all inter-company disputes are addressed promptly.
• Prepare detailed proofing workings for translation reserve proofing and non-controlling interest proofing, ensuring all figures are meticulously checked for accuracy.
• Support the preparation of Group financial statements for audit purposes, including drafting complex notes related to property, plant and equipment, investment properties, borrowings, and provision for liabilities.
• Compile monthly consolidation management reports for top management, providing clear insights into financial performance across the group.
• Develop yearly consolidated budgets for top management, ensuring all relevant data is gathered and analysed thoroughly.
• Communicate regularly with subsidiary accountants to obtain accounts on a monthly basis, reviewing submissions carefully and highlighting any discrepancies or issues.
• Liaise with auditors during the preparation of Group financial statements, facilitating smooth communication and timely resolution of queries.
• Demonstrate flexibility by working beyond office hours when required to meet critical deadlines or resolve urgent matters.

What you bring:

The ideal candidate for the Senior Executive Group Consolidation role brings proven experience in both group consolidation processes and auditing within large organisations. Your background includes hands-on involvement with international accounting standards as well as local regulations like MFRS. You possess advanced technical skills in using consolidation software complemented by proficiency in Excel for data analysis. Your interpersonal strengths allow you to build dependable relationships with colleagues across subsidiaries while supporting auditors during statement preparation. A keen eye for detail ensures every aspect of your work meets rigorous standards. Your organisational capabilities empower you to handle multiple priorities efficiently—especially during peak periods requiring extended hours. By combining technical expertise with collaborative communication skills, you contribute positively to the team’s success while upholding the integrity of consolidated accounts.

• Professional Accountancy Qualification or Degree in Accountancy is required for this position, demonstrating your foundational knowledge in finance.
• Proven experience in group consolidation processes is essential to close group accounts diligently within tight deadlines.
• Familiarity with International Financial Reporting Standards (IFRS) alongside good knowledge of Malaysian Accounting Standards (MFRS) ensures you can navigate complex regulatory requirements.
• 2 – 3 years of audit experience equips you with practical skills needed for preparing accurate financial statements and handling auditor queries efficiently.
• Experience using consolidation software enhances your ability to streamline processes and improve accuracy across multiple entities within the group.
• Advanced Excel skills are highly advantageous for managing large datasets and performing detailed analyses during consolidation activities.
• Excellent communication skills enable you to liaise effectively with subsidiary accountants and auditors while resolving discrepancies collaboratively.
• Strong organisational abilities help you manage multiple tasks simultaneously without compromising on quality or timeliness.
• Attention to detail ensures all proofing workings are meticulously prepared for translation reserves and non-controlling interests.

What sets this company apart:

What's next:

If you have experience in group consolidation, audit, or financial reporting and are looking to further develop your expertise within a dynamic corporate environment, this could be an excellent opportunity for you.

Apply today to explore this exciting opportunity.

Do note that we will only be in touch if your application is shortlisted.

Agensi Pekerjaan Robert Walters Sdn Bhd
Business Registration Number : 729828-T
Licence Number : JTKSM 423C