Finance Executive

FGV Holdings Berhad is Malaysia’s leading global agri-business and the world’s largest producer of Crude Palm Oil (CPO). FGV’s operations stretch across more than 10 countries in Asia, the Middle East, North America and Europe, and are focused on three main business sectors namely Plantation Sector, Logistics & Support Business (LSB) Sector and Sugar Sector. FGV is the world’s third biggest oil palm plantation operator, has the world’s largest bulking and storage facilities for vegetable oil and is Malaysia’s top refined sugar producer.

Job Description

• Prepare management accounts including Profit and Loss of companies Pontian Orico and Pontian Pendirosa.
• Prepare summary of estates operating cost by crop and stages (i.e. Cost by Activity report).
• Compile, review and analyse financial data to support month-end closing activities.
• Update and review monthly company profit or loss for Hartleys investment in Australia.
• Review cost of Oil Palm Seedlings (OPS) and its sales price prepared by Central Account Department(CAD).
• Perform fixed asset depreciation, maintain accurate asset records, and ensure compliance with accounting standards and company policies.
• Perform bank reconciliation and ensure any discrepancies between bank statements and the company’s accounting records are properly investigated and resolved in a timely manner.
• Prepare the estimation of provision of tax payable and deferred tax based on monthly report.
• Prepare month end journal ensuring accruals and provisions are posted into correct accounting period.
• Update MFRS 141 Biological Assets template on monthly basis.
• Furnish financial information for submission of BPC template.
• Perform variance analysis between actual results and budget or forecast, and provide explanations for significant variances.
• Attend Group in House Tax queries or information on Transfer Pricing (TP) process.
• Preparing and maintaining of PUP Group of Companies Standard Operating Procedure (SOP) and flow chart (i.e. budgeted E-Capex) in line with FGV Group SOP.
• Prepare Audited Financial Statement (AFS) for Pontian Orico and Pontian Pendirosa in accordance with Malaysian Financial Reporting Standards (MFRS), International Financial Reporting Standards (IFRS) and the Companies Act 2016.
• Liaise with operational departments to obtain timely and accurate financial information.
• Liaises/assists external auditor in providing financial information needs or queries
• Coordinate and submit company’s Audited Financial Statement (AFS) via Malaysian Business Reporting System (MBRS) in accordance with statutory and regulatory requirements.
• Prepare and submit annual tax computation including 6th and 9th revision for Group in House Tax review before submission to IRB.
• Prepare any ad-hoc request from HOF and Group Finance on estates and financial related matter.

QUALIFICATIONS AND WORKING EXPERIENCE

Qualifications

• Bachelor’s Degree in Accounting, Finance, or a related discipline, with a professional qualification such as ACCA, CPA, or equivalent.
• Basic knowledge of accounting principles and financial reporting standards is required.
• Proficiency in Microsoft Excel and familiarity with accounting systems (e.g., SAP or similar) will be on advantage.

Work Experience

• Minimum 2–4 years of relevant working experience in finance or accounting. Experience in handling full set of accounts, financial reporting, accounts payable/receivable, and assisting in audit processes is preferred.
• Exposure to budgeting, variance analysis, and group reporting will be an added advantage.

COMPETENCIES

SOFTSKILLS

• Ability to work under pressure and meet tight deadlines.
• Flexibility and open-minded to new tasks or new challenges.
• Good communication and interpersonal skills.
• Co-operative team player.
• Fast learner.

TECHNICAL SKILLS

• Computer proficiency – good in system (SAP).
• Proficient in Microsoft Office (Word, Excel & PowerPoint).
• Proficient in both written and spoken in English and Malay language.