Finance Manager (Group Consolidation)
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Finance Manager
As part of our commitment to employee development and career progression, we are inviting interested candidates to apply for the Finance Manager position before it is advertised externally. This is an excellent opportunity for individuals who are ready to take on greater responsibilities, broaden their financial expertise, and contribute to the organisation’s strategic objectives.
Job Summary
The Finance Manager will oversee the overall financial operations of the group of companies, ensuring effective financial planning, reporting, risk management, and regulatory compliance. The successful candidate will lead group financial consolidation, evaluate business performance, and provide meaningful financial insights to support strategic planning and executive decision-making.
Key Responsibilities
1. Financial Reporting & Consolidation
- Oversee group financial consolidation and the preparation of consolidated accounts.
- Review subsidiaries’ financial statements to ensure accuracy and compliance with applicable standards.
- Ensure monthly financial reports are prepared and submitted to the Board on time.
2. Financial Analysis & Business Insights
- Analyse financial results to identify trends, potential risks, and areas for improvement.
- Provide actionable insights and recommendations to support business planning and strategic decisions.
3. Cash Flow & Treasury Management
- Monitor cash positions, payment activities, and short-term investments.
- Oversee bank accounts and ensure effective cash management and fund allocation.
- Automate the issuance of debtor statements and oversee monthly debt collection activities.
4. Tax Planning & Optimisation
- Identify opportunities to improve tax efficiency while ensuring compliance with relevant tax regulations.
- Ensure the timely submission of e-invoices and service tax reports.
5. Cost Control & Management Accounting
- Monitor and manage operating costs to improve cost efficiency and revenue-to-cost ratios.
- Support business planning, cost management, and financial decision-making.
6. Performance Monitoring & Budgeting
- Develop and monitor KPI reports to assess financial and business performance.
- Prepare and manage budgets and financial forecasts in line with the organisation’s strategic objectives.
7. Regulatory Compliance & Internal Controls
- Ensure compliance with applicable financial regulations, accounting standards, and internal policies.
- Review and strengthen internal controls to maintain the integrity and accuracy of financial reporting.
8. Stakeholder Management & Reporting
- Work closely with internal teams to gather, validate, and analyse financial information.
- Present financial findings, insights, and recommendations to the Board and team leaders.
Requirements
- Bachelor’s degree in Accounting recognised by the Malaysian Institute of Accountants (MIA).
- Professional qualification such as CPA, ACCA, CTIM, CIMA, ICAEW, or an equivalent certification.
- At least 5 years of relevant experience in taxation, accounting, and/or auditing.
- Strong understanding of Malaysian financial regulations, tax legislation, and Malaysian Financial Reporting Standards (MFRS).
- Proven experience in financial reporting, budgeting, forecasting, and business analysis.
- Strong analytical and problem-solving abilities, with excellent attention to detail.
- Proficiency in accounting software and Microsoft Excel.
- Ability to collaborate effectively with team leaders.