Finance Statutory Reporting

Job Description:

• Lead the monthly Group consolidation process, including collection and validation of submissions from subsidiaries, consolidation adjustments, intercompany reconciliation and elimination, variance analysis and preparation of financial performance highlights for management, UEM Group and other stakeholders.
• Lead the preparation and coordination of Group and subsidiary statutory financial statements and manage the Group audit process, including audit planning, deliverables, issue resolution, monitoring of audit adjustments and timely closure of  audit matters.
• Strengthen Group financial reporting governance through periodic balance sheet reviews and monitoring of material accounting matters, reconciliation quality, ageing items and unusual balances, and drive closure of recurring financial reporting issues.
• Lead the implementation and monitoring of new and revised Malaysian Financial Reporting Standards (MFRS), including MFRS 18, and provide technical accounting guidance to Finance and Business Units to ensure the Group’s financial reporting complies with applicable accounting standards and regulatory requirements.
• Coordinate Finance’s responsibilities relating to the National Sustainability Reporting Framework (NSRF) and sustainability-related financial disclosures, including collection and validation of financial information, linkage of sustainability risks and opportunities to financial reporting where applicable, coordination with Risk and Business Units, and support for required Group reporting and disclosures.
• Coordinate recurring and ad hoc financial reporting and submissions to UEM Group/shareholder, the Board, Audit Committee, management and other relevant stakeholders, ensuring accuracy, consistency and timely submission.
• Lead and support initiatives to improve the Group consolidation and reporting process, including process re-engineering, automation, standardisation of reporting templates, system enhancements and initiatives to achieve a faster and more reliable financial close.
• Work closely with GL team, subsidiaries and relevant Finance functions to resolve financial reporting and accounting issues and provide technical accounting advice on significant or complex transactions.
• Coordinate preparation of the Group Annual Report and financial-related corporate disclosures, ensuring consistency between the statutory financial statements and other financial information released by the Group.
• Lead, coach and develop the Statutory Reporting team, strengthen technical accounting and consolidation capabilities, establish clear accountability and ensure adequate succession planning and knowledge transfer within the team.

Job Requirements