Financial Director
22 hours ago
- Financial Reporting and Analysis:
- The successful candidate will lead the preparation, consolidation, and review of financial reports for the North West Enterprise group.
- Ensure accurate, complete, and timely financial reporting in compliance with Malaysian Financial Reporting Standards (MFRS) and relevant regulatory requirements.
- Prepare annual statutory financial statements and coordinate with auditors for efficient completion and submission.
- Analyze monthly and quarterly financial performance, including variance analysis against budget, to identify key trends, risks, and opportunities for strategic decision-making.
- Develop forecasting, budgeting, and cash flow planning reports for management and board review.
- Taxation and Regulatory Compliance:
- Responsible for income tax computations, deferred tax analysis, and corporate tax planning strategies to optimize tax efficiency.
- Manage compliance with local tax laws and regulations, including liaison with tax agents on corporate tax, SST, and transfer pricing issues.
- Ensure statutory and regulatory compliance, including Companies Act, Income Tax Act, and other relevant legislations.
- Group Consolidation and Financial Strategy:
- Handle group consolidation of multiple subsidiaries and related companies, including inter-company transactions and eliminations.
- Collaborate with senior management to develop and monitor financial strategies, ensuring alignment with business objectives.
- Provide financial insights and recommendations to the management for performance improvement, cost control, and investment decisions.
- Audit and External Liaison:
- Lead and manage the annual audit process, including preparation of audit schedules, responding to auditor queries, and ensuring timely audit completion.
- Serve as a key liaison with external parties, such as auditors, tax agents, company secretaries, bankers, and legal advisors, on all financial and statutory matters.
- Accounting Operations and Internal Controls:
- Supervise and guide the Accounting team in day-to-day operations, ensuring timely and accurate month-end/year-end closing and reporting.
- Establish, review, and enforce internal controls, accounting policies, and procedures to safeguard the company's assets and ensure compliance.
- Review and monitor accounts payable, accounts receivable, general ledger, and inventory management, ensuring accuracy and completeness.
- Oversee costing, inventory valuation, and manufacturing account reporting, ensuring alignment with operational and financial data.
- Team Management and Leadership:
- Lead, mentor, and develop a high-performing finance and accounting team, setting clear KPIs and performance goals.
- Conduct regular training and knowledge-sharing sessions to ensure continuous professional development of the team.
- Ad-hoc Assignments and Projects:
- Assume responsibility for special projects and ad-hoc assignments as directed by management, including system implementation, process improvement initiatives, and corporate exercises (e.g., mergers and acquisitions).
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