Finance Manager

_**Position Overview**_:_
- **Key Responsibilities**:_

**1. Financial Planning & Budgeting**:

- Develop and manage the company’s annual budget in coordination with department heads.
- Monitor budget performance and recommend corrective actions to meet financial targets.
- Provide financial forecasts and analyze variances between actual and budgeted performance.

**2. Financial Reporting & Analysis**:

- Prepare accurate and timely financial reports, including profit & loss statements, balance sheets, and cash flow statements.
- Conduct financial analysis to support business decision-making and highlight trends or risks.
- Ensure compliance with accounting standards (e.g., MFRS/IFRS) and company policies.

**3. Accounts Payable & Receivable Management**:

- Oversee the processing of invoices, payments, and receivables to ensure smooth cash flow.
- Manage relationships with vendors and customers to ensure timely collections and payments.
- Monitor aging reports and take appropriate actions to reduce outstanding receivables.

**4. Cash Flow & Treasury Management**:

- Maintain oversight of the company’s cash flow to ensure adequate liquidity.
- Optimize working capital by managing inventory, receivables, and payables effectively.
- Collaborate with banks and financial institutions to manage banking facilities.

**5. Internal Controls & Compliance**:

- Establish and maintain strong internal controls to safeguard company assets.
- Ensure compliance with statutory and tax regulations, including KWSP, SOCSO, LHDN, and SST reporting.
- Coordinate with external auditors for statutory audits and ensure timely resolution of audit queries.

**6. Retail Specific Financial Management (Preferred Experience)**:

- Monitor the financial performance of individual retail outlets and provide insights to store managers.
- Work closely with the retail operations team to optimize inventory levels and manage operating expenses.
- Assist in setting pricing strategies and promotional budgets based on financial analysis.

**7. Team Leadership & Development**:

- Lead, mentor, and develop the finance and accounts team to achieve high performance.
- Conduct regular performance reviews, set clear KPIs, and provide ongoing coaching to team members.
- Identify training needs and foster a continuous learning environment within the team.

**8. ERP Systems & Process Improvement**:

- Leverage ERP systems to ensure efficient financial processes and data accuracy.
- Continuously improve accounting processes and reporting workflows to enhance efficiency.
- Ensure accurate integration of financial data with procurement, inventory, and operations systems.

**9. Risk Management**:

- Identify and assess financial risks, including credit, liquidity, and market risks.
- Develop and implement risk mitigation strategies to safeguard the company’s financial health.
- Maintain accurate records for insurance policies and manage claims when necessary.

**10. Collaboration with Internal & External Stakeholders**:

- Partner with senior management to align financial strategies with business objectives.
- Collaborate with the procurement, operations, and sales teams to control costs and enhance profitability.
- Liaise with external auditors, tax consultants, and regulatory bodies as needed.
- **Key Requirements**:_
- Bachelor’s degree in Accounting, Finance, or a related field (Professional certification such as CPA, ACCA, or CIMA is an advantage).
- Strong knowledge of accounting standards (MFRS/IFRS) and financial regulations.
- Proficiency in financial software and ERP systems (e.g., SAP, Oracle, or QuickBooks).
- Exceptional analytical, problem-solving, and leadership skills.
- Excellent communication skills with the ability to collaborate across functions.
- Experience managing budgets, cash flow, and working capital in a fastpaced environment.

Pay: RM7,000.00 - RM8,000.00 per month

**Benefits**:

- Free parking
- Maternity leave
- Professional development

Schedule:

- Fixed shift
- Monday to Friday

**Experience**:

- Finance: 4 years (preferred)