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Finance Manager

2 weeks ago

Shah Alam, Malaysia METTLER TOLEDO Full time

METTLER TOLEDO is a leading global supplier of precision instruments and services. We are recognized as an innovation leader and our solutions are critical in key R&D, quality control, and manufacturing processes for customers in a wide range of industries including life sciences, food, and chemicals. We operate throughout the world with a culture shaped by innovation and international flair.

**Key Responsibilities**:

- 1. Financial Leadership:_
- Manage, control, and ensure that organisation’s accounting activities and procedures conform to generally accepted accounting principles (GAAP)
- Ensure that all financial transactions are handled and processed in-line with the approved policies and procedures.
- Prepare the monthly financial reports with all needed financial and costing analysis comparing with Budget and KPIs
- Prepare financial analysis for contract negotiations and other relevant purposes.
- Oversee the daily operations of the finance department.
- Perform other duties as assigned.
- 2. Decision Making_
- Consults with his/her superior to agree on a suitable course of action in matters that are sensitive, high-risk, or business critical.
- Responsible for managing the design and coordination of workflows and project paths, as well as the deployment of team members, tasks, and allocated resources to ensure the achievement of business outcomes.
- 3. Budgeting and Forecasting_
- Collaborate with department heads to develop and manage annual budgets and forecasts for IT, HR, and Back Office Operations.
- Monitor and analyse budget variances, providing actionable insights.
- 4. Financial Reporting_
- Lead the preparation and analysis of financial statements in compliance with accounting standards.
- Generate detailed financial reports, providing meaningful insights to support strategic decision-making.
- 5. Process Optimization and Efficiency_
- Identify opportunities for process optimization and efficiency improvements within the shared service centre.
- Implement best practices to streamline financial processes, ensuring accuracy and effectiveness.
- Establish and implement short-range and long-range departmental goals, objectives, policies, and operating procedures.
- Recommend benchmarks for measuring the financial and operating performance of divisions and departments.
- 6. Team Leadership and Development_
- Lead, mentor, and develop a high-performing finance team, fostering a culture of collaboration and continuous improvement.
- Provide guidance on complex financial matters and support professional growth.
- 7. Vendor and Service Provider Management_
- Collaborate with vendors and third-party service providers to optimize cost-effective and high-quality services.
- Negotiate contracts and agreements, ensuring alignment with financial objectives.
- 8. Compliance and Risk Management_
- Ensure that financial controls are in place at the respective functions and provide recommendations for procedural improvements.
- Ensure compliance with financial regulations, company policies, and internal controls.
- Develop and implement risk management strategies to mitigate financial risks associated with operations.
- 9. Integration of Financial Systems_
- Work closely with IT teams to optimize financial systems and ensure seamless integration with other business processes.
- Troubleshoot and resolve any system-related issues promptly.
- 10. People Development and Management_
- Clearly and concisely communicate business and area objectives to team leaders so that they remain well informed of business activity and of their required contribution across the business units.
- Take charge of recruitment and ensure effective induction for new team members, monitoring ongoing performance needs.
- Manage performance and development of team.
- Plan for succession in the Business Area through the identification of individuals with potential for development and growth.

**Key Behavioural Competencies Required**
- Strong leadership, communication, and interpersonal skills
- Analytical and decision-making skills.
- Strong communication and presentation skills
- Proven problem-solving skills, adept at launching and managing projects
- Strong knowledge in driving digitalisation and automation initiatives for continuous operations enhancement and improvements
- High achievement motivation
- Culturally sensitive

**Technical Skills, Knowledge and Experience Required**
- Bachelor’s degree in finance, Accounting, or related field; CPA or relevant certification preferred.
- Proven experience (10+ years) in financial management, preferably within shared service centres
- Strong understanding of accounting principles, financial reporting, and regulatory compliance.
- Proficient in financial software, ERP systems, and advanced Excel skills.
- Knowledge of automated financial and accounting reporting systems such as Hyperion system
- Knowledge of Government financial regulations
- Good organisational experience with the abi