Accounts Assistant Section Manager

Penfibre Sdn Bhd - Film Division; Seberang Perai; On-site; MYR 120,000 - 180,000; Full time

Job summary

Penfibre Sdn Bhd - Film Division, a Toray Malaysia unit, seeks a Finance Manager for closing, budgeting, cash flow and compliance in a manufacturing setting.

You will work with manufacturing and operations to align financial plans, coordinate with auditors and regulators, and supervise the finance team, with emphasis on internal controls and process improvements.

Qualifications

• Strong knowledge of Malaysian Financial Reporting Standards (MFRS), SST, and local tax laws.
• Proficiency in ERP systems (e.g., Oracle, or similar).
• Advanced Excel and financial modeling skills.
• Analytical, detail-oriented, and good communication skills.
• Strong negotiation skills and decision making are essential.
• Strong teamwork by contributing to group efforts supporting colleagues and fostering a positive environment.

Responsibilities

• Manage monthly, quarterly and annual financial closing processes including management accounts and balance sheet reconciliations.
• Ensure timely and accurate financial records, consolidated accounts and statutory reporting.
• Manage e-invoices, verify validity and ensure compliance with guidelines and regulations.
• Prepare annual budgets and periodic forecasts, align plans with production output and cost structures.
• Monitor cash flow, bank balances, borrowings and facilities; forecast funding requirements.
• Monitor receivables, payables and inventory levels; improve collections and working capital.
• Ensure timely submission of tax reports and liaise with auditors and regulators (LHDN, SSM, MIDA).
• Support internal controls, audits and implementation of process improvements.
• Guide and supervise finance staff; provide training on accounting procedures and systems.
• Perform ad hoc finance-related duties as required by management.
• Coordinate with Parent Company in Japan in English; participate in training programs in Japan.

Skills

MFRS knowledge

ERP systems (Oracle)

Excel & financial modeling

Analytical mindset

Negotiation & decision making

Teamwork & mentoring

Tools

Oracle

Job description

· Managing monthly, quarterly and annual financial closing process, including management accounts,

balance sheet reconciliations and supporting schedules.

. Ensures accurate financial records, consolidated account and statutory reporing are done on timely and

accurate basis.

. Manage e-invoices, verifying validity and ensuring compliance with LHDN guidelines and regulations

2. Budgeting & Forecasting

· Prepare the annual budget preparation and periodic forecasting exercises.

· Work closely with manufacturing and operations teams to align financial plans with production output

and cost structure.

3.Cash Flow, Working Capital & Performance

· Manage and monitor cash flow, bank balances, borrowings and banking facilities across the Group,

including cash flow forecasting and funding requirements.

· Monitor receivables, payables and inventory levels, including ageing positions, and work with the

respective business units to improve collections, manage payment commitments and optimise working

capital.

4. Taxation & Compliance

· Ensure timely submission of imported services tax, withholding tax and other statutory reports.

· Liaise with auditors, tax agents, and regulatory bodies (e.g., LHDN, SSM, MIDA).

· Support in managing transfer pricing documentation.

5. Internal Controls & Process Improvement

· Support implementation and monitoring of internal controls within finance and related departments.

· Participate in stock counts and audits.

· Ensure timely preparation of information and supporting schedules required for statutory audit, tax

compliance and other financial reporting requirements.

· Follow up on audit findings and finance-related control issues to ensure appropriate corrective actions

are implemented.

· Perform any other finance-related duties, projects and ad hoc assignments as may be required by

Management from time to time.

6. Team Support & Supervision

· Guide and supervise finance staff in daily operations.

· Provide training and coaching on accounting procedures, compliance, and system usage.

7. Other duties

. Any other ad-hoc tasks as required by management.

. Work closely with supervisors and team members to achieve departmental objectives.

. Communicate and coordinate with the Parent Company in Japan in English.

. Opportunity to attend training programs in Japan .

Skills required:

• a. Strong knowledge of Malaysian Financial Reporting Standards (MFRS), SST, and local tax laws.
• b. Proficiency in ERP systems (e.g., Oracle, or similar).
• c. Advanced Excel and financial modeling skills.
• d. Analytical, detail-oriented, and good communication skills.
• e. Strong negotiation skills and decision making are essential.
• f. Strong teamwork by contributing to group efforts supporting colleagues and fostering a positive environment

PENFIBRE - FILM DIVISION, a key company of TORAY MALAYSIA of Companies is a pioneer manufacturer of polyester film (PET Film) in Malaysia since 1998. This new plant together with Toray’s other facilities in Europe, USA, Japan and Korea is the world’s largest producer and market leader in the manufacturing of Polyester Film. This film is marketed worldwide under the brand name “Lumirror”. The polyester film is extensively used as components in the electrical, electronics, IT and other industrial uses. We seek highly motivated personnel to join us for a challenging career in our high technology and clean plant. We currently have job opportunities for: