Finance Manager

_**VERY URGENT**_ **Position Summary** The Finance Manager plays a pivotal role in overseeing the company's financial operations, ensuring our financial health and guiding our financial strategy to support our expansion and operational goals. This individual will lead financial planning, risk management, reporting, and team management, becoming a key figure in the decision-making process that drives the company's success. **Key Responsibilities** - Strategic Financial Planning: Develop and refine financial strategies and plans in alignment with the company's long-term goals. Conduct regular financial analysis to forecast potential financial positions and budget effectiveness, identifying areas for potential improvement. - Financial Reporting and Control: Oversee the preparation of comprehensive monthly and annual financial reports. Ensure the accuracy and timeliness of financial and analytical reports for senior management, highlighting key financial trends, risks, and opportunities. - Budget Management and Cost Control: Lead the annual budgeting process and periodic forecasts, working closely with department heads to ensure budgets are accurate and reflective of operational needs. Monitor expenditure, identify variances between actual and budgeted figures, and implement corrective actions to manage and reduce costs. - Cash Flow Management: Manage the company's cash flow projections and ensure sufficient liquidity to fund operations. Implement robust cash management policies to optimize cash positions and ensure the company meets its financial obligations. - Compliance and Risk Management: Ensure compliance with statutory legislation and financial regulations. Develop and oversee internal controls to minimize financial risk. Conduct periodic audits of company financial practices and records, ensuring adherence to legal standards and corporate policies. - Financial Analysis and Investment: Perform financial analysis for capital investments, pricing decisions, and contract negotiations. Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making. - Team Leadership: Lead, mentor, and develop the finance team, fostering a culture of high performance, continuous improvement, and professional growth. Ensure the finance team is providing excellent service to internal stakeholders and supporting the company's objectives. - Stakeholder Engagement: Act as a key point of contact for external stakeholders including banks, auditors, and regulatory bodies. Ensure the finance department is represented with integrity and professionalism. **Qualifications** - Bachelor’s or Master’s degree in Finance, Accounting, or related field; additional certification (ACCA, CIMA, etc.) is advantageous. - At least 10 years of experience in financial management, with a preference for experience in the food and beverage or retail industries. - Demonstrated expertise in financial reporting, budgeting, forecasting, and compliance. - Strong leadership abilities and experience managing a team. - Proficient in financial software, Excel, and data analysis tools. - Excellent communication and interpersonal skills, with proficiency in English and Bahasa Malaysia. Knowledge of Korean is a plus. **Key Success Factors** - Strategic financial acumen with the ability to support business growth. - Leadership in driving team performance and fostering professional development. - Expertise in financial compliance, risk management, and reporting. - Proactive approach to financial challenges and opportunities. - Effective communicator across all levels of the organization. A cultural alignment with the company's underscores their fit for the role, marked by a shared passion for the brand and a dedication to achieving excellence. **Work arrangements** Monday to Fridays 8.30am to 5.30pm or 9.30am to 6.30pm. Work from home is available on request. 10% Trave to all Outlets for Stocktaker **Job Types**: Full-time, Permanent Pay: RM12,000.00 - RM18,000.00 per month **Benefits**: - Health insurance - Work from home Schedule: - Monday to Friday Supplemental pay types: - Performance bonus Application Question(s): - "One of the departments significantly exceeds their budget in the first quarter. How would you address this issue with the department head, and what measures would you implement to prevent future overruns?" - "The company faces a sudden financial downturn due to unexpected market conditions. Describe the steps you would take to manage and mitigate the financial impact on the company." - Expected salary? - Notice period? **Education**: - Bachelor's (preferred) **Experience**: - Financial Management in F&B Industry: 10 years (preferred) - Financial Management in Retail Industry: 10 years (preferred) **Language**: - English (required) - Korean (preferred) License/Certification: - ACCA, CIMA (preferred) Willingness to travel: - 25% (preferred)