Manager, Finance

1 week ago


Butterworth, Penang, Malaysia Paramit Malaysia Sdn Bhd Full time

Job Summary:

To provide managerial leadership to the Finance team (either financial or cost accounting) and the tools and functional expertise to line management, where relevant, to ensure that the accounting reporting including financial data analysis, cash management, tax management and risk management of the Factory is in line with the country regulations and Factory and Corporate standard.

Job Description:

  • Month-end / Year-end Closing: coordinate with other functions to ensure month-end / year-end closing operations are carried out in-line with the Corporate and local guidelines. Provide expert support to the other functions on month-end / year-end closing as needed
  • Accounting Reports: prepare financial statements (e.g. P&L, Balance Sheet, etc.) in accordance with Country and Corporate accounting procedures.
  • Audits: be the primary Factory representative to coordinate all Corporate and external financial audits and tax investigation.
    Compliance: monitor financial activities of the Factory to ensure they are carried out in compliance with Country laws and Factory/Corporate policies and SOPs.
  • Cash Flow: create weekly cash flow forecast to determine level of cash needed versus cash in hand. Request cash as needed. Recommend to Finance the use of excess cash (e.g. time deposit, pay down debt, etc.).
  • Accounts Payable: review accuracy and appropriateness of supplier invoices, staff claims and petty cash receipts before sending forward to designated manager for approval as specified in the Factory financial policies.
  • Provide guidance on the best date to settle the payments as needed.
    Accounts Receivable: monitor the outstanding accounts receivables and follow-up those overdue transactions. Liaise with counterparties to settle overdue receivables as needed.
  • Support KPI Targets: within the context of the Factory's Business Plan and and/or budget process
  • Tax Planning: plan the timing and type of financial activities to minimize the tax liability of the Factory.
  • Tax Reporting: ensure taxes are reported and tax payments are settled in a timely manner and in accordance with Country regulations.
  • Insurance: Liaise with insurance agent to ensure that there is adequate insurance coverage on all major risk areas such as company's assets are well covered with the proper insurance such as fire, property damage, public liability, business interruption and money (theft or loss of cash in transit)
  • Service Delivery: hold the relevant immediate employees accountable for building relationships and meeting expectations of internal customers to create high customer engagement.
  • Continuous improvement: achieve year-on-year improvement in accounting processes.
Employer questions
Your application will include the following questions:
  • How many years' experience do you have as a finance manager?
  • How many years of tax planning experience do you have?
  • How many years of auditing experience do you have?
  • How many years of taxation experience do you have?
  • Which of the following accounting tasks are you familiar with?
Company profile

Paramit Malaysia Sdn Bhd

2.6


10 reviews

Consumer Electronics Manufacturing
101-1,000 employees

The Paramit Outsourcing Solution

Paramit provides a complete manufacturing and supply chain solution for OEMs looking for a single source manufacturing partner. Each customer engagement is long term and strategic and comes with strong management commitment and mindshare. We engage a high performance engineering & operations team to provide cost effective support for the entire product life cycle. Paramit is a results driven company delivering unmatched peace of mind.

Integrated Product Development & Manufacturing

Paramit engages early in the product development cycle to ensure factors affecting cost, reliability, and scalability are well considered prior to freezing design.

Whole Product Ownership

At Paramit, we take pride and responsibility for the products we build. We view all manufacturing functions as interdependent operations and we house all functions under one roof, allowing the various functional teams to interact and create the synergy critical to optimize product outcomes.

The Paramit Outsourcing Solution

Paramit provides a complete manufacturing and supply chain solution for OEMs looking for a single source manufacturing partner. Each customer engagement is long term and strategic and comes with strong management commitment and mindshare. We engage a high performance engineering & operations team to provide cost effective support for the entire product life cycle. Paramit is a results driven company delivering unmatched peace of mind.

Integrated Product Development & Manufacturing

Paramit engages early in the product development cycle to ensure factors affecting cost, reliability, and scalability are well considered prior to freezing design.

Whole Product Ownership

At Paramit, we take pride and responsibility for the products we build. We view all manufacturing functions as interdependent operations and we house all functions under one roof, allowing the various functional teams to interact and create the synergy critical to optimize product outcomes.

Perks and benefits
Medical
Dental
Vision

More about this company

Company information
Registration No.
167912-P

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