Assistant Finance Manager

Inter Island; Kulai; On-site; MYR 120,000 - 180,000; Full time

Job summary

Inter Island is seeking an experienced senior finance professional in Malaysia to manage GL, AP, AR, fixed assets, and treasury functions. The role requires strong MFRS knowledge, tax compliance, and cost control in a manufacturing setting.

Ideal candidates have 5–8 years in finance, with at least 2 years in supervision, and ERP system experience (SAP, Dynamics, Oracle, AutoCount, or SQL Accounting).

Qualifications

• Bachelor's degree in accounting/finance; professional qualification preferred.
• 5–8 years finance and accounting experience; 2+ years in supervision.
• Manufacturing industry experience strongly preferred.
• Solid knowledge of MFRS, taxation, costing, budgeting, and financial reporting.
• ERP experience: SAP, MS Dynamics, Oracle, AutoCount, or SQL Accounting.
• Proficient in Excel and financial reporting tools; strong communication skills.
• Ability to work independently and meet tight reporting deadlines.

Responsibilities

• Assist in managing GL, AP, AR, fixed assets, and bank reconciliations.
• Ensure timely month-, quarter-, and year-end closing activities.
• Prepare monthly management accounts, financial statements, and reports.
• Analyze performance, provide variance analysis with recommendations.
• Review journal entries and balance sheet reconciliations.
• Assist in budgets and financial forecasts; monitor department budgets.
• Analyze variances; suggest corrective actions to improve profitability.
• Support management in financial planning and business decisions.
• Monitor cash flow and banking transactions; prepare rolling forecasts.
• Coordinate with banks on financing and treasury matters.
• Oversee product costing, manufacturing costs, and variances.
• Assist with stock counts and inventory valuation; ensure compliance with standards.
• Coordinate with external auditors, tax agents, and regulators; assist audits.

Skills

Leadership

Financial analysis

Budgeting

Management reporting

Internal controls

Communication

Problem solving

Education

Bachelor's degree in accounting/finance

ACCA/CPA/CIMA or equivalent

Tools

SAP

Microsoft Dynamics

Oracle

AutoCount

SQL Accounting

Job description

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• Assist in managing the full spectrum of accounting functions, including General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Fixed Assets, and Bank Reconciliation.
• Ensure timely month-end, quarter-end, and year-end closing activities.
• Prepare monthly management accounts, financial statements, and management reports.
• Analyze financial performance and provide variance analysis with recommendations.
• Review journal entries and balance sheet reconciliations.
• Assist in preparing annual budgets and financial forecasts.
• Monitor departmental budgets and expenditure.
• Analyze budget variances and recommend corrective actions.
• Support management in financial planning and business decision-making.
• Monitor daily cash flow and banking transactions.
• Prepare rolling cash flow forecasts.
• Ensure sufficient working capital to support operations.
• Liaise with banks on financing, banking facilities, and treasury matters.
• Monitor product costing and manufacturing costs.
• Review material, labor, and overhead variances.
• Analyze production efficiency and inventory movements.
• Support inventory valuation and periodic stock counts.
• Recommend cost-saving initiatives to improve profitability.
• Ensure compliance with Malaysian Financial Reporting Standards (MFRS), Companies Act, and LHDN requirements.
• Coordinate corporate tax, SST, withholding tax, and e-Invoicing compliance.
• Liaise with external auditors, tax agents, company secretaries, and regulatory authorities.
• Assist in annual statutory audits and tax submissions.

Requirements

• Bachelor's Degree in Accounting, Finance, or a related field.
• Professional qualification such as ACCA, CPA, CIMA, or equivalent is preferred.
• Minimum 5–8 years of finance and accounting experience, with at least 2 years in a supervisory or assistant manager role.
• Manufacturing industry experience is highly preferred.
• Strong knowledge of MFRS, taxation, costing, budgeting, and financial reporting.
• Experience with ERP systems (SAP, Microsoft Dynamics, Oracle, AutoCount, SQL Accounting, or equivalent).
• Proficient in Microsoft Excel and financial reporting tools.
• Strong analytical, leadership, communication, and problem-solving skills.
• Able to work independently and meet tight reporting deadlines