Executive Director of Finance and Strategy
4 days ago
We are seeking an Executive Director of Finance and Strategy to join our team at Agensi Pekerjaan ASK Resources Sdn Bhd. As a key member of our leadership team, you will play a critical role in driving our financial growth and success.
The ideal candidate will have a strong background in finance and accounting, with a proven track record of success in senior management roles. You will be responsible for developing and implementing financial strategies, ensuring the accurate preparation of financial statements, and leading our finance team.
Key Responsibilities:
- Develop and execute financial strategies that align with the company's long-term goals.
- Provide strategic recommendations to the CEO and other senior leaders based on financial analysis and projections.
- Assess the financial performance of the organization and identify areas for improvement.
- Oversee the preparation of annual budgets, forecasts, and financial plans.
- Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements.
- Monitor and analyze financial performance, highlighting key trends and recommending corrective actions.
- Prepare reports for shareholders, board members, and regulatory bodies as required.
- Oversee financial audits and liaise with external auditors to ensure compliance with statutory requirements.
Cash Flow Management:
- Oversee the company's cash flow, working capital management, and funding strategies to ensure liquidity and operational efficiency.
- Manage and optimize relationships with banks, investors, and financial institutions.
- Ensure the company has sufficient financial resources to meet its operational and capital expenditure needs.
- Develop and implement financial risk management strategies to minimize business risks.
- Ensure compliance with all local, state, and federal regulations, tax laws, and financial reporting standards.
- Stay updated with changes in the regulatory landscape affecting the manufacturing industry.
- Manage and assess the company's internal controls to safeguard assets and financial integrity.
Operational Efficiency:
- Evaluate operational financial performance and provide insights to optimize processes, reduce costs, and improve efficiency in manufacturing.
- Implement best practices in financial management to streamline operations.
- Collaborate with other departments to drive cost-effective initiatives and enhance profitability.
- Lead and manage the finance team, providing mentorship, guidance, and professional development.
- Establish a strong team culture, ensuring clear communication and accountability.
- Ensure the team's performance aligns with company goals and the overall strategic vision.
Investment and Funding:
- Evaluate and recommend investment opportunities that align with the company's financial strategy and growth objectives.
- Oversee the capital budgeting process and ensure that financial decisions are sound and sustainable.
- Manage the company's debt and equity structure to ensure it supports long-term growth.
Qualifications and Skills:
- MIA (Malaysian Institute of Accountants) membership and Chartered Accountant (CA) qualification are required.
- A bachelor's degree in Finance, Accounting, Business Administration, or a related field. A master's degree is an advantage.
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