Manager, Finance

3 months ago


Kuala Lumpur, Malaysia AJ Best Holdings Sdn Bhd Full time

**DEPARTMENT - **Finance

**POSITION - **Manager Finance

**REPORTS TO** - Chief Executive Officer

**JOB OVERVIEW**:Oversee and manage the financial operations, ensuring accuracy, compliance and efficiency. Will play a critical role in financial planning, budgeting, analysis and reporting to support strategic decision-making and optimize financial performance. Will collaborate with cross-functional teams and senior management to drive financial initiatives and maintain strong financial controls within the company.

**PRIMARY RESPONSIBILITY**

1) Assist to review, supervise on daily operations/transactional processing to ensure the compliance of company SOP, relevant regulations, laws & reporting requirements.
2) Develop and implement financial planning processes, including budgeting, forecasting, and long-term financial modeling.
3) Conduct financial analysis, performance evaluation, and variance analysis to identify trends, risks, and opportunities.
4) Provide insights and recommendations to support strategic and operational decision-making.
5) Lead the annual budgeting process, collaborating with various departments to establish accurate and realistic budgets.
6) Monitor budget performance, track expenses, and provide regular reports and analysis to senior management.
7) Identify cost-saving opportunities and implement measures to optimize financial resources.
8) Prepare accurate and timely financial reports, including profit and loss statements, balance sheets, cash flow statements, and financial metrics.
9) Coordinate and support external audits, including the preparation of audit schedules and the resolution of audit findings.
10) Monitor and manage cash flow, including cash inflows, outflows and liquidity requirements.
11) Develop and maintain effective cash flow forecasting models to ensure adequate working capital and optimize cash utilization.
12) Collaborate with the treasury team to manage banking relationships, cash management systems and financing options.
13) Evaluate and enhance financial systems, processes and controls to improve efficiency, accuracy and data integrity.
14) Collaborate with the IT department to implement financial systems, tools, and automation solutions.
15) Train and support finance team members on system usage and best practices.
16) Identify and assess financial risks, such as currency risk, interest rate risk, and credit risk.
17) Develop and implement risk management strategies and policies to mitigate financial risks.
18) Lead and mentor the finance team, providing guidance, performance feedback and professional development opportunities.
19) Collaborate with cross-functional teams, including purchasing, sales, and operations, to drive financial initiatives and ensure alignment with overall business objectives.
20) Act as a trusted advisor to senior management, providing financial insights and recommendations to support strategic decision-making.
21) To perform any other ad-hoc tasks as assigned by Management from time to time.

**REQUIREMENT**
- Bachelor's degree in finance, accounting, or a related field.
- Proven experience in financial management, accounting or related roles, preferably in the retail or supermarket industry.
- Strong knowledge of accounting principles, financial reporting standards, and financial regulations.
- Proficiency in financial analysis, budgeting, and forecasting techniques.
- Excellent analytical and problem-solving skills, with attention to detail and accuracy.
- Strong leadership and team management abilities.
- Excellent communication and presentation skills to effectively communicate financial information to non-financial stakeholders.
- Ability to thrive in a fast-paced, dynamic environment and meet deadlines.
- Sound business acumen and strategic thinking capabilities.
- Must be willing to work in a highly dynamic and challenging startup environment.
- Must be willing to work on alternate saturday.

**Salary**: RM5,000.00 - RM7,000.00 per month

**Benefits**:

- Health insurance
- Maternity leave
- Parental leave

Schedule:

- Monday to Friday

Ability to commute/relocate:

- Kuala Lumpur: Reliably commute or planning to relocate before starting work (required)

**Education**:

- Bachelor's (preferred)

**Experience**:

- Accounting: 5 years (preferred)
- Finance: 5 years (preferred)



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