Assistant Finance Manager

LUXURY PRUDENCE SDN. BHD.; Shah Alam; On-site; MYR 78,000 - 123,000; Full time

Job summary

Luxury Prudence Sdn. Bhd. in Shah Alam seeks an Assistant Finance Manager to oversee AP and Treasury, ensuring timely payments, strong controls, and regulatory compliance. You will manage vendor payments, cash forecasting, and banking relations.

The role leads the AP team, drives process improvements, collaborates with procurement and operations, and supports month-end closing, audits, and financial reporting.

Qualifications

• 5–8 years of relevant finance and accounting experience.
• 2–3 years in a supervisory or managerial capacity.
• Experience with AP, Treasury, and internal controls.

Responsibilities

• Oversee Accounts Payable and Treasury functions to ensure timely payments and cash forecasting.
• Lead AP team and review vendor invoices and payment vouchers.
• Manage bank relationships, cash positioning, and liquidity planning.
• Ensure compliance with tax regulations and regulatory reporting.
• Support month-end/year-end closing and audits.

Skills

Accounts Payable

Treasury operations

Cash flow forecasting

Analytical skills

Education

Bachelor's Degree in Accounting/Finance

ACCA/CPA/CIMA preferred

Tools

Epicor

Oracle ERP

Microsoft Dynamics

NetSuite

Job description

Assistant Finance Manager – Accounts Payable & Treasury

Department

Finance

Reports To

Finance Manager / Country Financial Officer

Job Summary

The Assistant Finance Manager is responsible for overseeing the Accounts Payable (AP) and Treasury functions to ensure timely payments, effective cash flow management, strong internal controls, and compliance with company policies and regulatory requirements. The role involves managing vendor payments, cash forecasting, banking relationships, liquidity planning, and supporting financial reporting while driving process improvements and operational efficiency.

Responsibilities

Account Payable Management

Lead and supervise the Accounts Payable team to ensure accurate and timely processing of invoices and payments.

Review and approve vendor invoices, payment vouchers, and employee expense claims in accordance with company policies.

Ensure proper matching of purchase orders, goods received notes, and supplier invoices.

Monitor AP aging reports and resolve outstanding issues promptly.

Ensure compliance with tax regulations, withholding tax requirements, stamp duty act, e-invoicing and statutory reporting obligations.

Coordinate month-end and year-end closing activities related to Accounts Payable.

Identify and implement process improvements, automation initiatives, and internal control enhancements.

Treasury Management

Manage daily cash flow planning and monitor liquidity requirements across the organization.

Prepare daily, weekly, and monthly cash flow forecasts.

Oversee bank account management, fund transfers, and cash positioning activities.

Ensure timely execution of payments while optimizing working capital.

Monitor banking facilities, loan obligations, guarantees, and covenant compliance.

Maintain relationships with banks and financial institutions.

Support foreign exchange (FX) exposure monitoring and hedging activities where applicable.

Assist in evaluating financing requirements and treasury risk management strategies.

Ensure compliance with country BNM policies and internal controls.

Prepare and review AP-related schedules, reconciliations, and treasury reports ie. Capital Commitment & Contigent Liability report.

Ensure accurate accounting entries for vendor payments, accruals, bank transactions, and financing activities

Review bank reconciliations and investigate discrepancies.

Support monthly management reporting and financial statement preparation.

Assist with annual audits, internal audits, and statutory audits.

Ensure adherence to accounting standards, company policies, and regulatory requirements.

Team Leadership & Stakeholder Management

Supervise, coach, and develop Accounts Payable personnel.

Establish performance goals and monitor team productivity.

Collaborate with Procurement, Operations, Human Resources, and other business units to resolve payment and cash management matters.

Drive a culture of continuous improvement, accountability, and service excellence.

Qualification & Experience

Education

Bachelor's Degree in Accounting, Finance, or related field.

Professional accounting qualification (ACCA, CPA, CA, CIMA, partial or equivalent) is preferred.

Experience

Minimum 5–8 years of relevant finance and accounting experience.

At least 2–3 years in a supervisory or managerial capacity.

Strong experience in Accounts Payable, Treasury, Cash Flow Management, and Financial Controls.

Experience with ERP systems such as Epicor, Oracle, Microsoft Dynamics, NetSuite, or equivalent.

Technical Skills

Strong understanding of Accounts Payable processes and treasury operations.

Knowledge of accounting standards and financial reporting requirements.

Experience in cash flow forecasting and working capital management.

Familiarity with banking arrangements, trade facilities, and treasury controls.

Strong analytical and problem-solving abilities.

Soft Skills

Leadership and people management skills.

Strong communication and interpersonal skills.

High level of integrity and attention to detail.

Ability to manage multiple priorities under tight deadlines.

Strong stakeholder management and negotiation skills.

Proactive, hands‑on, and results‑oriented mindset.

Accounts Payable aging performance.

Cash flow forecast accuracy.

Working capital improvement metrics.

Number of AP and treasury control issues identified.

Audit findings and compliance results.

Process improvement and automation initiatives completed.

Team performance and development outcomes.

Authority Level

Approve payments and expense claims within delegated authority limits.

Review and authorize treasury transactions in accordance with company policies.

Recommend process improvements and control enhancements.

Escalate significant treasury, liquidity, and compliance risks to Finance Management.

Luxury Prudence is in the business of providing cold chain logistics, warehousing, and distribution services for food products. Luxury Prudence operates nationwide in West Malaysia and services up to 50,000 customer locations.

What can I earn as an Assistant Finance Manager