Finance Manager

About Dao Desserts

Dao Desserts is a homegrown brand specializing in soy-based desserts, operating multiple retail outlets and a central kitchen. As the company continues to expand its retail footprint and manufacturing capabilities, the Finance Manager will play a pivotal role in ensuring financial stability, transparency, and strategic growth through sound financial management and reporting systems.

Job Overview

The
Finance Manager
at
Dao Desserts
plays a strategic and hands-on role in managing the company's financial health across bot
h
retail outlets and central kitchen operations. This position is responsible for ensuring accurate financial reporting, effective cash flow management, and strong internal controls — supporting the company's ongoing expansion and long-term growth goals.

Key Responsibilities

1. Financial Planning & Strategy

• Lead the preparation of annual budgets, forecasts, and financial plans.
• Analyse company performance and provide financial insights to guide strategic decisions.
• Conduct feasibility studies and ROI analysis for new outlet openings, menu expansions, and product development projects.
• Advise management on investment strategies, cost optimization, and business scalability.

2. Financial Reporting & Analysis

• Oversee timely and accurate preparation of monthly, quarterly, and annual financial statements.
• Consolidate daily and monthly sales reports from all Dao Desserts outlets, online channels, and distribution partners.
• Ensure accurate revenue recognition and reconciliation with POS and bank systems.
• Analyse sales trends, profitability, and product performance to identify opportunities for improvement.
• Present management reports and dashboards highlighting key financial KPIs and operational insights.

3. Accounting & Operations

• Supervise and review daily accounting functions including AP, AR, GL, and bank reconciliations.
• Oversee inventory costing, stock valuation, and margin tracking.
• Ensure accuracy and consistency of data across the accounting system and retail operations.
• Streamline financial processes between outlets, central kitchen, and head office.

4. Cash Flow & Treasury Management

• Manage the company's cash flow to maintain healthy liquidity for daily operations.
• Monitor working capital, collections, and payment cycles.
• Review and approve payments, ensuring adherence to financial policies.
• Maintain strong banking relationships and optimize financing arrangements.

5. Taxation, Audit & Compliance

• Ensure timely submission of corporate tax, SST, and other statutory filings.
• Liaise with auditors, tax agents, and regulatory authorities.
• Maintain compliance with MFRS and statutory requirements.
• Prepare and manage audit schedules, ensuring smooth audit processes.

6. Internal Control & System Development

• Establish and strengthen internal control systems to safeguard company assets.
• Develop, implement, and maintain finance-related SOPs.
• Identify process inefficiencies and implement automation or system improvements.
• Support the transition toward more structured and scalable financial management systems.

7. Team Leadership

• Lead, coach, and mentor the finance team to ensure accuracy, accountability, and performance.
• Foster a culture of ownership, discipline, and continuous improvement.
• Collaborate closely with Operations, HR, and Procurement teams to ensure financial alignment across departments.

Requirements

• Bachelor's Degree in Accounting, Finance, or equivalent.
• Professional certification (ACCA, CPA, CIMA, or MIA membership) is an advantage.
• Minimum 5–8 years of relevant experience, including at least 2–3 years in a managerial capacity.
• Strong knowledge of accounting standards (MFRS/IFRS), taxation, and financial reporting.
• Experience in both
  retail and manufacturing
  environments preferred.
• Proficient in accounting software (e.g. Autocount) and advanced Excel skills.
• Excellent analytical, organizational, and communication skills.
• Proactive, hands-on, and able to thrive in a fast-paced, growing company environment.