ASSISTANT FINANCE MANAGER

Gentle Rebel Sdn. Bhd.; Selangor; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading tea company in Malaysia is seeking an Assistant Finance Manager to support financial reporting, analysis, and compliance as they expand. The successful candidate will have strong analytical skills, relevant experience in finance, and a passion for working in a vibrant industry that values creativity and innovation.

Qualifications

• Candidates should have 3+ years of experience in a finance role in the F&B industry.
• Fast learner with high analytical skills and a can-do attitude.
• Excellent writing and communication skills in English.

Responsibilities

• Prepare management accounting reports and annual budgets.
• Provide financial insights and support decision-making processes.
• Manage cash flow and oversee payroll management.

Skills

Analytical skills

Problem-solving

Communication

Adaptability

Education

Degree in Finance/Accounting

CIMA, ACCA, or similar qualification

Job description

Every minute you spend working for a company is one minute of your life given away.

Who deserves the life you give away?

WHO IS BECA TEA?

A company with decades of experience and yet is fun and innovative

We are a tea family, and we have been on the old High Street of Kuala Lumpur (Jalan Tun HS Lee) for the last 93 years.

Great-grandpa peddled tea out of his tin trunk, on a trishaw, all around Kuala Lumpur when he first came from China. We still have that tin trunk.

We're a 93-year-old start-up. The floorboards creak. The old typewriter still sits there. But our world is also tea mixology, distilled botanicals, compression technology.

We are not another boba joint, not another café chain, not another F&B outlet. We are tea people. We will be the first outlet out there that does not add any sugar or flavoured syrups to our tea drinks.

We have a simple mission - make the best cup of tea, sell it to everyone, make space for the quiet tea drinker overlooked in this coffee world, take the narrative away from the coffee people and give the weary coffee addict and the sheepish boba junkie an alternative. We also have the audacious aim of sparking a new wave of interest in tea, starting in Malaysia and Singapore, and then going far beyond our shores. We want to be at the forefront of a movement to influence and infect people with an interest in and love for tea.

Grow, as the company grows

We are launching 2 outlets in Uptown Damansara Utama and Bangsar South in August this year, and we plan to launch 10 more by the first half of 2024. We are also working on launching in Singapore sometime next year.

Due to expansion, we are looking for asuccessful candidate to provide support to the Head of Finance in the following job responsibilities:

a) Financial Reporting and Compliance:

• Coordinate and ensure the management accounting reports are prepared on a timely basis.
• Prepare financial analysis and participate in strategic reviews and periodic assessments of performance for company businesses.
• Monitor, coordinate and assist in the preparation of annual budget and forecast for the company.

b) Financial Analysis and Insights:

• Provide financial analysis and insights on the company's performance, highlighting key trends, variances, and areas of improvement.
• Support decision-making processes by providing accurate and timely financial information and forecasts.
• Conduct financial modelling and scenario analysis to assess the impact of potential business decisions or changes in market conditions.
• Continuously evaluate and improve financial reporting processes and systems to enhance efficiency, accuracy, and data integrity.

c) Statutory Reporting and Compliance:

• Stay updated on accounting standards, regulations, and reporting requirements to ensure compliance with statutory reporting obligations and regulatory filings.
• Coordinate and act as the main liaison personnel with external auditors, tax agents, company secretary and other relevant authorities, providing necessary documentation and addressing audit findings related to financial reporting.

d) Budget and Forecast Reporting:

• Responsible for developing, implementing, and monitoring the financial plans, budgets, and forecasts to support effective financial management and decision-making.
• Works closely with various stakeholders, including senior management, department heads, and finance teams, to ensure accurate and timely budgeting and forecasting activities.

e) Cost Accounting and Management:

• Monitor and control production costs, including direct materials, labour, and overhead expenses.
• Analyze cost drivers, identify cost-saving opportunities, and implement cost reduction initiatives.
• Collaborate with cross-functional teams to optimize production processes and improve cost efficiencies.
• Determine pricing policies.

f) Cash Flow Management:

• Manage cash flow and liquidity, including cash forecasting, working capital management, and treasury operations.
• Monitor and analyze cash flow trends, ensuring adequate funding for day-to-day operations and strategic initiatives.
• Implement cash management strategies to optimize cash position and mitigate financial risks.

g) HR and Personnel Management:

• Payroll management and review, management of manpower requirements, assist in recruitment functions as well as to handle manpower issues.

Job Requirements :

• Candidates are preferably finalists pursuing CIMA, ACCA, Degree in Finance/Accounting, MICPA or similar professional qualification, with potential to be groomed for a leading finance role in the near future.
• Fast learner, high analytical skills, methodical, problem-solver with a can-do attitude, ability to see the big picture.
• Possess at least 3 years of relevant working experience preferably in the retail/wholesale F&B industry, currently assisting a senior finance personnel.
• Excellent writing and communication skills with a good command of spoken and written English.
• Adaptive in challenging situations and able to undertake diversified tasks and responsibilities.

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Which of the following statements best describes your right to work in Malaysia? What's your expected monthly basic salary? How many years of people management experience do you have? How many years' experience do you have as an Assistant Finance Manager? How many years of taxation experience do you have? How many years' experience do you have as a Cost and Management Accountant? How many years' experience do you have as a Compliance and Reporting Associate?

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