FINANCE MANAGER

Job Responsibilities
 
a) Financial Reporting and Compliance – Company Level:
  • Prepare and review financial statements, including income statements, balance sheets, and cash flow statements.
  • Ensure timely and accurate financial reporting in compliance with relevant accounting standards and regulations.
  • Coordinate internal and external audits, providing necessary documentation and addressing audit findings.
b) Financial Reporting and Compliance – Consolidation Level:
  • Manage the preparation and consolidation of financial statements, including income statements, balance sheets, and cash flow statements, in accordance with applicable accounting standards.
  • Ensure accuracy, completeness, and consistency in financial reporting across all entities within the consolidated company.
  • Coordinate the elimination of intercompany transactions and balances in consolidation process, by collaborating with subsidiary finance teams to gather financial data, resolve intercompany mismatches.
c) Process Improvement and Systems Enhancement:
  • Continuously evaluate and improve financial reporting processes and systems to enhance efficiency, accuracy, and data integrity.
  • Identify opportunities to automate financial reporting tasks and implement best practices.
  • Collaborate with IT teams to enhance financial reporting systems and implement necessary upgrades or changes.
d) Financial Analysis and Insights:
  • Provide financial analysis and insights on the consolidated group's performance, highlighting key trends, variances, and areas of improvement.
  • Support decision-making processes by providing accurate and timely financial information and forecasts.
  • Conduct financial modeling and scenario analysis to assess the impact of potential business decisions or changes in market conditions.
e) Statutory Reporting and Compliance:
  • Stay updated on accounting standards, regulations, and reporting requirements applicable to the consolidated company to ensure compliance with statutory reporting obligations and regulatory filings.
  • Coordinate internal and external audits, providing necessary documentation and addressing audit findings related to financial reporting.
  • Managing and overseeing the preparation and submission of quarterly financial reports and annual reports to Bursa Malaysia, for ensuring compliance with Bursa Malaysia's listing requirements and regulations regarding the timely and accurate disclosure of financial information.
f) Budget and Forecast Reporting:
  • Responsible for developing, implementing, and monitoring the financial plans, budgets, and forecasts to support effective financial management and decision-making.
  • Works closely with various stakeholders, including senior management, department heads, and finance teams, to ensure accurate and timely budgeting and forecasting activities.
g) Cost Management:
  • Monitor and control manufacturing costs, including direct materials, labor, and overhead expenses.
  • Analyze cost drivers, identify cost-saving opportunities, and implement cost reduction initiatives.
  • Collaborate with cross-functional teams to optimize production processes and improve cost efficiencies.
h) Cash Flow Management:
  • Manage cash flow and liquidity, including cash forecasting, working capital management, and treasury operations.
  • Monitor and analyze cash flow trends, ensuring adequate funding for day-to-day operations and strategic initiatives.
  • Implement cash management strategies to optimize cash position and mitigate financial risks.
i) Tax Reporting and Compliance:
  • Prepare and review provisional and final tax computation.
  • Ensure timely and accurate tax reporting in liaising with tax agent.
j) Inventory Control:
  • Managing and maintaining optimal levels of inventory
  • Overseeing the entire inventory management process
k) Investor Relations:
  • Managing and overseeing financial reporting activities specifically related to investors.
  • Ensuring accurate and transparent communication of financial information to investors, shareholders, analysts, and other stakeholders.
  • Acts as a bridge between the finance department and the external investment community, providing insights and analysis to support effective decision-making and maintain investor confidence.
 
 
Requirements
 
  1. A recognized degree and/or professional qualification in Accounting, Finance, or other related areas.
  2. Minimum of 4-5 years working experience in corporate finance-related roles in similar entities.
  3. Good analytical skills and problem-solving abilities.
  4. Excellent writing and communication skills with a good command of spoken and written English.
  5. Adaptive in challenging situations and able to undertake diversified tasks and responsibilities.
  6. Ability to work in a fast-paced environment.