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A manufacturing leader is looking for a dynamic individual to manage financial operations, including accounts payable and receivable, in Penang. The ideal candidate will have a Bachelor's degree in Accountancy/Finance and experience in a manufacturing environment, with strong analytical and communication skills. Responsibilities involve cost management, financial analysis, and the ability to drive process improvements within a collaborative team.
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Manage Account Payable/Receivable functions, ensuring accuracy and compliance with appropriate reconciliation control
Overseeing production BOM to maintain up-to-date standard cost. Performing periodic standard cost revaluation and analysis
Assisting the production team in resolving any manufacturing activities/ issues that incur financial impact
Coordinating physical stock count and preparing stock variance report/analysis
Conducting inventory aging, grading report, and analysis following policy
Advising Business/Operations in mitigating inventory holding risk
Performing month-end closing and result analysis versus forecast for improvement recommendations
Working cross-functionally to prepare monthly forecast and annual budget following strategic priorities and goals
Providing financial analysis and ROI justification in capital investment request
Maintain accurate fixed asset records and oversee regular physical verification and tagging of assets
Prepare monthly/ad-hoc reporting for product cost, inventory report and sales analysis
Drive process improvement and automation to streamline reporting and end to end processes
Job Requirements:
Minimum Bachelor's Degree in Accountancy/Finance or its equivalent professional qualification
Prefers 3-5 years working exposure in manufacturing environment
Experienced user of ERP and conversant in Microsoft Office applications with strong capability in BI tools (such as PowerBI, Power Query, Power Pivot) is preferred
Ability to work independently and manage multiple priorities effectively
Excellent analytical, problem-solving, and organizational skills.
Good written and oral communication skills
Travel between plants is required
Salary match Number of applicants Skills match
Your application will include the following questions:
Manufacturing, Transport & Logistics 101-1,000 employees
We are part of Illinois Tool Works Inc. (NYSC:ITW), a diversified manufacturing company that delivers specialized expertise, innovative thinking and value-added products to meet critical customer needs in a variety of industries. ITW has decentralized businesses in 52 countries that employ approximately 60,000 men and women.
Our group is an industry leader in the design and manufacture of packaging products for use in the storage, handling and shipping of ESD sensitive electronic components. In Malaysia, we supply shipping tube, carrier tape, static shielding and moisture barrier bags, injection molded trays and insert-molded products.
We have 5 plants in Malaysia and to support our expansion program, we wish to invite a suitably qualified and dynamic individual to join our team in Penang.
We are part of Illinois Tool Works Inc. (NYSC:ITW), a diversified manufacturing company that delivers specialized expertise, innovative thinking and value-added products to meet critical customer needs in a variety of industries. ITW has decentralized businesses in 52 countries that employ approximately 60,000 men and women.
Our group is an industry leader in the design and manufacture of packaging products for use in the storage, handling and shipping of ESD sensitive electronic components. In Malaysia, we supply shipping tube, carrier tape, static shielding and moisture barrier bags, injection molded trays and insert-molded products.
We have 5 plants in Malaysia and to support our expansion program, we wish to invite a suitably qualified and dynamic individual to join our team in Penang.
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