Finance Manager
1 week ago
**Job Duties**:
- 1. Financial Management & Reporting
- Oversee the preparation of accurate monthly, quarterly, and annual financial
statements.
- Ensure compliance with accounting standards (MFRS/MPERS), tax regulations, and company policies.
- Prepare management reports, variance analysis, and financial performance reviews.
- Monitor cash flow and working capital to ensure financial stability.
2. Budgeting & Forecasting
- Lead the annual budgeting process, coordinating with all departments.
- Prepare rolling forecasts to support strategic planning and decision-making.
- Identify and explain budget variances, recommending corrective actions where necessary.
3. Internal Controls & Compliance
- Develop, implement, and monitor internal control systems to safeguard company assets.
- Ensure adherence to statutory requirements, tax filings, and audit processes.
- Liaise with external auditors, tax agents, and regulatory bodies.
- Developing procedures across all departments for the purpose of minimising financial risks and regular review to verify effectiveness of controls in business process.
Implement improvements to internal controls as needed to prevent inaccuracies and
fraud.
- Stay updated on relevant regulatory changes, including tax laws, financial reporting standards, and industry-specific regulations to ensure accounting operation are
complied with all the statutory and tax compliance.
4. Cost Management & Efficiency
- Monitor and control operational costs, identifying areas for cost-saving initiatives.
- Conduct profitability analysis by product model and analysing cost trends.
- Work with department head to identify areas of high cost and potential savings, focusing on materials, labour, variable and fixed overhead cost etc.
- Conduct detailed variance analysis on cost components, providing insights into cost behaviours and suggesting corrective actions where necessary.
- Prepare regular reports on cost performance for management review, highlighting areas of concern and potential improvement.
- participate in projects to improve cost data integration across systems, enhancing realtime reporting and cost control accuracy.
5. Team Leadership
- Supervise, mentor, and develop finance and accounting team members.
- Allocate responsibilities, set performance targets, and conduct regular performance reviews.
- Foster a positive and collaborative working environment within finance team.
6. Strategic Contribution
- Provide financial insights to support corporate strategy and growth initiatives.
- Participate in investment appraisals and other strategic projects.
**Job requirements**:
- Must possess at least a Bachelor degree in Accounting, Finance
- Professional qualification (ACCA, CPA, CIMA, ICAEW, or equivalent)
- Minimum 7-10 years of progressive experience in finance and accounting in manufacturing industry will be preferrable, with at least 3 years in a managerial role.
- Must have working experience with manufacturing industrial environment.
- PCR Control Cert required
- English, Mandarin & Bahasa Malaysia in language proficiency
- Strong knowledge of financial regulations, tax laws, and reporting standards (e.g., IFRS, MFRS).
**Job Type**: Permanent
Pay: RM8,000.00 - RM12,000.00 per month
Application Question(s):
- Do you possess PCR Control Cert?
**Education**:
- Bachelor's (preferred)
**Experience**:
- Finance & accounting: 7 years (preferred)
- manufacturing industry: 7 years (preferred)
- managerial role: 3 years (preferred)
**Language**:
- Mandarin (preferred)
Work Location: In person
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