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FINANCE MANAGER

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Description

Salary: RM 7,800 – RM 11,000 per month

Requirements:

Academic Qualification:

  • Bachelor's Degree in Accounting, Finance or related discipline.

  • Professional qualification such as ACCA, CPA, CIMA, MIA or equivalent will be an added advantage.

Experiences:

  • Minimum 8-10 years of relevant finance and accounting experience.

  • At least 3 years in a managerial or supervisory role.

  • Experience in treasury management, budgeting, forecasting and financial reporting.

  • Experience dealing with auditors, tax authorities, financial institutions and regulators.

  • Experience in project financing, business evaluation and commercial analysis will be an added advantage.

  • Experience in telecommunication or IT industries preferred.

  • Exposure to regional market business and cross country/region billings, contracts with overseas suppliers, contractors and customers.

  • Experience in ERP or integrated financial systems is preferred.

Technical Competencies:

  • Financial Reporting Standards

  • Budgeting & Forecasting

  • Treasury & Cash Flow Management

  • Financial Analysis & Modelling

  • Taxation & SST Compliance

  • e-Invoicing Requirements

  • Internal Controls & Risk Management

  • Audit Management

  • Financial Systems & ERP Applications

  • Microsoft Excel and Financial Modelling Tools

Soft Skills:

  • Proven ability to work effectively both independently and collaboratively with staff at all levels within the company, as well as external entities.

  • Strategic thinking and business acumen.

  • Strong analytical and problem-solving abilities.

  • Excellent communication and presentation skills.

  • High level of integrity and professionalism.

  • Strong planning and organizational skills.

  • Ability to work under pressure and meet deadlines.

  • Proactive and results-oriented approach.


Responsibilities:

1. Financial Management & Reporting

  • Oversee the full spectrum of finance and accounting functions, ensuring accuracy, integrity and compliance.

  • Ensure timely preparation of monthly, quarterly and annual financial statements, management reports and account closures.

  • Monitor financial performance, analyze variances and provide recommendations to Management.

  • Review accounting treatments and maintain compliance with applicable accounting standards and regulatory requirements.

  • Present financial results and key insights to Management to support decision-making.

2. Budgeting, Forecasting & Financial Planning

  • Lead annual budgeting exercises and coordinate budget submissions from relevant departments.

  • Prepare rolling forecasts and cash flow projections to support business planning and operational requirements.

  • Monitor actual performance against budget and forecast, identifying variances and recommending corrective actions.

  • Support Management in strategic planning through financial analysis and business performance evaluation.

  • Develop financial models and scenario analyses to support decision-making and future business initiatives.

3. Treasury & Cash Flow Management

  • Manage the Company's cash flow and working capital to ensure adequate funding for operations and growth.

  • Monitor and optimize cash utilization across business activities and projects.

  • Manage banking relationships, financing facilities and reporting requirements.

  • Ensure compliance with financing agreements, loan covenants and banking requirements.

  • Evaluate and recommend funding strategies to support operational and business needs.

4. Budget & Cost Control

  • Lead the planning, monitoring and control of the Company's OPEX, CAPEX, COS, project expenditures and departmental budgets.

  • Review expenditure requests to ensure alignment with approved budgets, project requirements, business needs and company policies.

  • Monitor budget and project financial performance, analyse variances and recommend corrective actions where necessary.

  • Identify and implement cost optimization initiatives to enhance profitability, project returns and operational efficiency.

  • Establish and maintain effective financial controls to prevent unauthorized spending, budget overruns and project cost escalations.

5. Revenue Assurance & Profitability

  • Ensure accurate billing and timely revenue recognition.

  • Monitor revenue, receivables and outstanding balances.

  • Identify and rectify revenue leakage and billing discrepancies.

  • Analyze profitability by customer, project and business segment.

  • Support revenue forecasting and validate revenue assumptions.

6. Financial Analysis & Business Support

  • Conduct financial analysis and provide strategic recommendations to support management decisions.

  • Prepare feasibility studies, business cases and investment appraisals for projects and new business opportunities.

  • Evaluate financial implications, risks and returns associated with proposed initiatives.

  • Monitor key financial and operational performance indicators.

  • Support Management in identifying opportunities for cost savings, revenue enhancement and operational improvements.

5. Taxation & Regulatory Compliance

  • Ensure compliance with all statutory, taxation and regulatory requirements.

  • Oversee corporate tax, withholding tax, SST, e-Invoicing and other statutory submissions.

  • Liaise with tax authorities, regulatory agencies, auditors and consultants on finance-related matters.

  • Monitor changes in legislation and assess their impact on the Company.

  • Ensure timely payment of taxes and statutory obligations.

7. Audit & Internal Controls

  • Coordinate and manage external audits and internal audit reviews.

  • Ensure audit schedules, supporting documentation and financial records are prepared accurately and timely.

  • Implement and maintain effective internal controls, policies and procedures.

  • Address audit findings and ensure appropriate corrective actions are implemented.

  • Safeguard company assets through sound financial control mechanisms.

8. Risk Management & Governance

  • Identify, assess and monitor financial and operational risks that may impact the Company.

  • Develop and implement risk mitigation measures and control mechanisms.

  • Strengthen financial governance practices and promote accountability within the organization.

  • Review and update finance-related policies and procedures periodically.

  • Ensure compliance with corporate governance principles and company policies.

9. Stakeholder Management

  • Serve as the primary finance liaison with external auditors, bankers, tax agents, regulators and other professional advisors.

  • Support Management in discussions relating to financing, investment evaluation and business expansion opportunities.

  • Collaborate with department heads to ensure financial objectives and business priorities are aligned.

  • Provide professional financial advice and guidance to Management when required.

10. Leadership & Continuous Improvement

  • Lead and develop the Finance team to achieve departmental objectives and build team capability.

  • Set performance expectations, maintain accountability and support staff development.

  • Drive continuous improvement of finance processes, systems, controls and reporting practices.

  • Lead finance system upgrades, automation and digitalization initiatives to enhance efficiency and data quality where appropriate.

  • Promote best practices, teamwork, professionalism, operational excellence and succession planning within the Finance function.

11. Other duties

  • Undertake any other ad-hoc duties as assigned by Management.


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