Finance Officer

2 weeks ago


Kuantan, Pahang, Malaysia TIEN TIEN ENTERPRISE SDN BHD Full time
A Finance Officer plays a critical role in managing the financial operations of an organization. Their primary responsibility is to ensure the efficient and effective management of the company's finances.

The specific job description of a Finance Officer may vary depending on the size and nature of the organization, but here are some common tasks and responsibilities:

Financial Planning and Analysis:
Develop and implement financial plans, budgets, and forecasts. Conduct financial analysis to support strategic decision-making and provide recommendations for improving financial performance.

Financial Reporting:
Prepare accurate and timely financial reports, including income statements, balance sheets, cash flow statements, and variance analysis. Ensure compliance with accounting principles and regulations.

Budgeting and Cost Control:
Coordinate the budgeting process, monitor expenses, and analyze variances between actual and budgeted amounts. Implement cost control measures to optimize financial resources.

Cash Flow Management:
Monitor and manage cash flow to ensure adequate liquidity for day-to-day operations and future investments. Forecast cash flow requirements and develop strategies for cash flow optimization.

Financial Operations:
Oversee accounts payable and receivable functions, including invoice processing, vendor payments, and customer collections. Implement and maintain internal controls to safeguard financial assets.

Financial Compliance:
Ensure compliance with financial regulations, laws, and reporting requirements. Stay updated on accounting standards and best practices. Coordinate with auditors during financial audits.

Financial Systems and Processes:
Evaluate and improve financial systems, processes, and policies to enhance efficiency, accuracy, and reliability. Implement new financial software or tools as needed.

Stakeholder Management:

Collaborate with internal stakeholders, such as department heads, senior management, and the board of directors, to provide financial insights and support decision-making.

Liaise with external stakeholders, including banks, auditors, and regulatory authorities.

Risk Management:
Identify financial risks and develop risk mitigation strategies. Monitor and manage insurance coverage, contracts, and compliance with financial covenants.

Team Leadership:

Supervise and mentor finance team members, provide guidance and training, and ensure the smooth functioning of the finance department.


Salary:
RM2, RM2,880.00 per month

Benefits:

  • Professional development

Schedule:

  • Day shift
  • Fixed shift

Supplemental pay types:

  • Overtime pay

Ability to commute/relocate:

  • Kuantan: Reliably commute or planning to relocate before starting work (required)

Experience:

  • Finance: 2 years (preferred)
Expected Start Date: 07/01/2023
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