Finance Manager
3 days ago
Client Industry: Leading pharmaceutical company committed to improving the lives of patients through innovative, high-quality medicines.
Location: Cheras, KL
Key Responsibilities:
1. Financial Reporting and Analysis
- Prepare accurate and timely monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow).
- Provide management reports with variance analysis and commentary.
- Analyze financial performance, identify trends, and provide strategic recommendations to management.
2. Budgeting and Forecasting
- Lead the company's budgeting, forecasting, and financial planning cycles.
- Monitor actual performance vs. budget, identify deviations, and propose corrective actions.
- Work closely with department heads to align financial targets with business objectives.
Cost and Inventory Management
- Oversee cost accounting for medical products and ensure accurate cost allocations.
- Monitor inventory turnover, aging, and reconciliation of stock variances.
- Implement cost optimization measures while maintaining operational efficiency.
4. Cash Flow and Treasury Management
- Manage daily cash flow and ensure sufficient working capital for operations.
- Oversee accounts receivable/payable, collections, and vendor payments.
- Liaise with financial institutions for banking facilities and credit management.
5. Financial Control and Compliance
- Develop and strengthen internal control systems and financial procedures.
- Ensure compliance with MFRS and relevant financial regulations.
- Coordinate with internal and external auditors for audits and tax matters.
- Ensure timely submission of statutory filings and tax payments.
6. Strategic and Business Partnering
- Partner with Sales, Operations, and Management teams to provide financial insights supporting business decisions.
- Participate in pricing, profitability analysis, and capital expenditure evaluations.
- Support management in strategic planning and business performance improvement.
7. Process Improvement and System Enhancement
- Review and streamline accounting processes to enhance accuracy and efficiency.
- Drive automation initiatives and continuous improvement within the finance function.
- Recommend improvements to ERP or accounting systems (e.g., AutoCount).
Key Requirements:
- Education: Bachelor's degree in Finance, Accounting, or Economics.
- Professional Certification: ACCA, CPA, CIMA, or equivalent preferred.
- Experience: Minimum 5–7 years of progressive financial experience, preferably within distribution or medical/industrial sectors.
- Technical Skills: Strong proficiency in Auto Count or similar accounting systems. Advanced Excel and financial analysis tools.
- Knowledge: Solid understanding of accounting standards (MFRS), tax compliance, and local financial regulations. Familiarity with inventory control, costing, and distribution operations.
Job Types: Full-time, Permanent
Pay: RM8, RM11,000.00 per month
Work Location: In person
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