Muhammad Harith Bin Rozlan

Reporting

• Balance sheet review ensuring accuracy and integrity of financial statement
• Review standard journal done by R2R team.
• Withholding tax analysis
• Perform accrual for parked invoices
• Coding of FI Invoices
• Month end closing activities (Ad hoc Journals)
• Intercompany billing analysis and intercompany reconciliation
• Asset creation, capitalization and disposal

Treasury

• Monitor daily cash positions to ensure adequate liquidity for operational needs
• Optimize cash utilization by transferring funds between accounts or investing surplus cash.
• Liaise with banks for account setups and troubleshooting banking issues
• Daily bank journals for all incoming and outgoing cash transactions.
• Reviewed and validated all payable items as part of the Payment Proposal List (PPL), ensuring accuracy and compliance with financial policies before payment initiation
• Conducting monthly reviews to identify and reconcile debit balances in supplier accounts.

Overheads

• Overhead Cost Management: Monitored and analyzed overhead cost components (travels, administrative, man-hours, etc.). Utilized variance analysis to identify areas of potential cost reduction in overhead spending.
• Overhead Cost Collaboration: Collaborated with various departments (HR, Facilities, Procurement) to understand and optimize overhead cost drivers (e.g., staffing levels, vendor contracts, activities).
• Overhead Cost Reporting: Prepared reports detailing the breakdown of overhead costs and variances from forecast. Presented findings to stakeholders to communicate overhead cost efficiency.
• Cost-Saving Initiatives: Supported research and recommendation of cost-saving measures for overhead expenses.

Projects

• Supported monthly revenue recognition (IFRS 15) for active engineering projects.
• Analyzed project progress data (milestones achieved, actual costs incurred) to determine revenue recognition based on accounting standards.
• Prepared journal entries to record recognized revenue and corresponding project costs, ensuring accurate financial reporting.
• Collaborated with project managers and senior colleagues to ensure accurate data collection and application of revenue recognition standards.

• Portfolio Management: Managed a portfolio of remisiers, which involved overseeing their trading activities and profit generation for the company.
• Financial Reporting: Responsible for the accuracy of remisier profit and loss statements, a crucial function for commission payouts and company profitability.
• Reconciliation: Reconciled profit and loss reports with general ledger accounts, ensuring the integrity of financial data and proper allocation of funds.
• Data Management: Handled a large volume of data from hundreds of remisiers, demonstrating strong data analysis and organization skills.
• Excel Proficiency: Effectively utilized Excel for financial calculations, reporting, and data manipulation, showcasing your technical expertise.

• Assisting in the preparation forecasts, and financial plans for overhead costs
• Supporting variance analysis by comparing actual against forecast for the overhead costs
• Analyzing key financial metrics and preparing management reports to support decision-making.
• Assist in monitoring financial performance for engineering projects, ensuring cost control and profitability.
• Reviewing project milestones to ensure revenue recognition aligns with accounting standards (e.g., IFRS 15).
• Liaising with project managers and engineers to track project expenses and resolve discrepancies.
• Assist in preparing monthly, quarterly, and annual financial reports for senior management.
• Tracking and reporting KPIs related to engineering performance (e.g., cost overruns, utilization rates).
• Supporting cost optimization initiatives and identifying potential savings opportunities.
• Ensuring correct allocation of overhead costs to various projects or cost centers.
• Verifying invoices, purchase orders, and supplier payments for accuracy.

Accounts Payable (AP):

• Managed timely payments to suppliers for completed construction works on LRT and highway projects, ensuring payments were processed only after management approval.
• Coordinated with project managers and engineers to verify the completion of works before initiating payments, enhancing financial accountability.

Accounts Receivable (AR):

• Facilitated inter-company trading by managing sales transactions between the parent company and its subsidiaries, with a consistent application of a 5% profit margin.
• Processed and reconciled sales orders, purchase orders, and invoices, ensuring all financial transactions were accurately recorded and matched.
• Significantly improved receivables turnover through meticulous invoice creation and follow-up, contributing to better cash flow management.

General Accounting:

• Managed overhead costs including stationery, legal fees, and other miscellaneous expenses, ensuring budget control and cost efficiency.
• Liaised with internal and external auditors, providing necessary documentation and support during audit periods, which helped in smooth audit processes and compliance.