Finance Manager II

Armstrong Technology Sdn Bhd

Location: Sungai Buloh / Kota Damansara (Selangor)

MANDARIN Speaker is required for this position. Only apply if you are a Mandarin Speaker.

Experience working in Manufacturing Industry.

We are looking for a dynamic and creative person to join our team.

In charge of the full spectrum of financial accounting and reporting function. Responsible for ensuring that all financial matters are handled responsibly and compliance with accounting standards. This involves manage the day-to-day financial operations of the company, handling financial transactions, preparing financial reports in a timely and accurate manner

You will play an important role in:-

A. Mid to Long term Strategic & Predictive Preparation

• Support the preparation of annual budgets, forecast and financial planning, proper summarize and explanation of variances on actual performance as compared to budget/forecasts to support target achievement.
• To perform variance analysis in providing useful insight to management for margin improvement, to support on business strategy and decision making.

B. Planning & Operational Execution

• Maintain full set of accounts, including general ledger entire, fixed asset listing, balance sheet schedules, account receivable and payable, month end closing of accounts, ensure accuracy and timely recording of accounting transactions in compliance with accounting standard and regulations.
• Verify all the AP and AR Invoices posting, petty cash reimbursement, staff expenses claims and payment transaction.
• Monthly management on cash flow, timely payment processing in accordance with payment schedules.
• Support preparation of yearly financial statements and corporate income tax, to liaise with auditors and tax agents on financial and tax matters.
• Assist on project work and other ad-hoc duties where appropriate.

C. Data Analysis and Reporting

• Monthly preparation of the Group's financial and management reports, analysis of key financial areas such as MTD/YTD financial performance, AR/AP turnover, sales to direct labor ratio and space productivity to provide useful insight for improvement.
• Prepare and analyse financial statements, including balance sheet, income statements and cash flow statements
• Ensure accuracy and completeness of financial records and reports
• Manage and supervise the finance team on day-to-day activities such as General Ledger, Accounts Receivables, Accounts Payables, Fixed Assets, Inventory and Costing functions
• Assist on simulation work and other ad-hoc duties where appropriate.

D. Inventory and Cash Flow Management

• Analysis on inventory turnover days.
• Analysis on aged inventory, to work closely with planning, sales and purchasing department to clear the aged inventory.
• Monthly management of cash flow, monitoring and control of cash conversion cycle.
• Forecast cash flow positions, related borrowing needs and available funds for investment
• Optimise cash management procedures to ensure liquidity and meet financial obligations
• Monitor and manage accounts payable and accounts receivable processes
• Monitor receivables and work with the sales team on collection
• Work with the procurement team on credit terms to improve cash flows

E. Financial Process Improvement

• Identify opportunities for process improvements in financial operations
• Implement efficient financial procedures and systems to enhance accuracy and productivity
• Streamline financial reporting processes
• Lead the finance team and collaborate with other departments in the integration of ERP systems, financial software and data analytics tools for streamlined financial processes

F. Compliance with Financial Regulations

• Ensure compliance with local and international financial reporting standards, and local laws and regulations on financial related areas
• Manage internal controls and financial procedures to maintain compliance and mitigate risks
• Liaise with auditors and regulatory authorities during financial audits

G. Stakeholder Communication

• Communicate financial information effectively to non-finance stakeholders
• Provide financial insights and recommendations to support strategic decision-making
• Build and maintain relationships with external partners, such as banks, vendors tax agents and auditors

To be successful in this role, you will need to have:

• Bachelor's degree in accounting/finance, or equivalent. CPA is a must.
• Minimum 10 years of progressive experience in accounting, finance or audit, of which at least 3 years are in a managerial capacity.
• Technical: Knowledge in full set of accounts, financial reporting, financial analysis, budget and forecasting
• Non-Technical: Comfortable in a hands-on, fast-paced environment. Meticulous, proactive, resourceful and self-driven with a positive mindset.
• Leadership: Able to provide proper guidance to teammates.

Job Type: Full-time

Application Question(s):

• How many years of experience do you have in Manufacturing industry? and which company?
• What is your expected salary?
• What is your current salary?
• How long is your service notice?

Experience:

• Assistant manager: 4 years (Required)
• accounting, finance or audit field: 5 years (Required)
• FP&A or costing background: 5 years (Required)
• Leadership: 4 years (Preferred)

Language:

• Mandarin (Required)

Work Location: In person