Retail Finance Director
11 hours ago
This role is responsible for overseeing and managing the financial aspects of retail store operations. The ideal candidate will have a strong background in accounting, excellent analytical skills, and the ability to collaborate with cross-functional teams.
Main Responsibilities- Financial Record-Keeping: Maintain and update accurate financial records, including sales transactions, expenses, and other financial activities related to the operation.
- Accounts Payable and Receivable: Manage accounts payable and receivable processes, review monthly aging & oversee the credit note collection status.
- Compliance and Internal Controls: Ensure compliance with accounting principles, legal regulations, and company policies. Establish and maintain internal control procedures to safeguard financial assets and prevent fraud.
- Team Management: Supervise and mentor accounting staff, providing guidance on financial tasks and fostering a positive and collaborative work environment.
- Audit Support: Coordinate with internal and external auditors during financial audits. Provide required documentation and explanations to ensure a smooth audit process.
- Continuous Improvement: Identify opportunities for process optimization and automation within the accounting function to improve efficiency and accuracy.
- To work with GL manager on month end closing & year end budget preparation.
- Minimum Bachelor's Degree in Accounting, Finance, Commerce or related field. Possess professional certification/membership such as ACCA/CPA/MIA etc.
- Proven experience as a Finance/Accounting Manager within the retail industry.
- Excellent analytical skills with attention to detail and accuracy.
- Ability to communicate financial information effectively to non-financial stakeholders
- Ability to speak in Mandarin language due to business needs.
The estimated salary range for this position is RM120,000 - RM180,000 per annum, depending on qualifications and experience. This figure is based on industry standards for similar positions in the retail sector in Shah Alam.
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