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A reputable organization in Malaysia is seeking an Assistant Finance Manager on a 4-month contract. The role involves supporting financial activities such as budgeting, forecasting, and reporting, along with ensuring compliance with financial regulations. The ideal candidate will possess strong analytical skills and a proactive approach to financial management, working collaboratively across departments. This position offers an opportunity to contribute to strategic financial initiatives and enhance internal processes.
Position Summary: The Assistant Finance Manager supports the Finance Manager in managing the financial activities of the organization. This role involves assisting in budgeting, forecasting, financial analysis, and reporting, as well as ensuring compliance with financial regulations and standards. Developing strong analytical skills, attention to detail and the ability to work collaboratively in a fast-paced environment is essential in this role.
1. Financial Reporting and Analysis:
· Assist in preparing monthly, quarterly, and annual financial reports.
· Responsible for the review of periodic finance close process, ensuring accuracy and timeliness.
· Preparation of reconciliations to support financial data.
· Conduct variance analysis to identify trends, risks and opportunities, proposing appropriate actions or solutions.
· Support the preparation of management reports and other ad hoc reporting requirements.
2. Budgeting and Forecasting:
· Assist in developing and managing the annual budget process.
· Assist in preparing periodic financial forecasts and updating them in a timely manner.
· Analyze budget variances and provide insights to management.
3. Financial Operations:
· Oversee accounts payable and receivable processes to ensure accuracy and timeliness.
· Review and manage the general ledger to maintain accuracy and completeness of financial data.
· Validate all financial data, ensuring proper reconciliation and supporting documentation.
· Assist in reviewing full set of accounts, ensuring compliance with accounting standards and company policies.
· Monitor cash flow and maintain sufficient liquidity for operational needs, identifying any potential challenges.
· Assist in implementing and maintaining robust internal controls to ensure compliance with financial regulations.
· Ensure financial KPIs are met and promptly address any outstanding issues related to the financial statements, data and reports.
· Ensure clarification when in doubt, taking a proactive approach in fulfilling responsibilities.
4. Client Reporting:
· Ensure timely completion of deliverables and reports to clients.
· Review deliverables, both self-prepared and from the reporting line, to ensure accuracy before sharing with the client, promptly addressing any discrepancies.
· Address client queries promptly or escalate when further guidance is needed.
5. Compliance and Auditing:
· Ensure compliance with financial regulations and company policies.
· Support internal and external audit processes.
· Maintain accurate and up-to-date financial records.
6. Process Improvement:
· Identify opportunities to improve financial processes and systems.
· Assist in the implementation of new financial tools and software.
· Promote best practices in financial management across the organization.
· Work closely with other departments to provide financial insights and support.
· Assist in training and mentoring junior finance staff.
· Participate in cross-functional projects as required.
Any other ad hoc responsibilities as assigned or as necessary to fulfill the requirements of the role.
· Attention to Detail: Ensure accuracy in financial reporting and analysis.
· Analytical Thinking: Apply critical thinking to analyze complex financial data.
· Integrity: Uphold the highest ethical standards in all financial matters.
· Communication: Clearly and effectively communicate data and information.
· Adaptability: Adjust to changing financial, business and client conditions and priorities.
· Collaboration: Foster collaborative and cooperative relationship with team members and across departments.
· Customer Focus: Responds to and anticipates client desires and needs, aimed towards the achievement of best practice client value ratings.
· Mentorship: Guide and coach junior finance staff, empowering them to take ownership of tasks and fostering their professional development.
· Decision-Making: Demonstrate sound judgment and provide recommendations in financial decision-making processes, providing support to the Finance Manager.
· Responsibility: Take ownership of assigned responsibilities, ensuring accuracy and timely completion.
· Strategic Thinking: Contribute to recommending financial strategies or solutions aligned with organizational goals, leveraging analytical skills to identify improvement opportunities.
· Innovation: Encourage and implement new ideas to improve financial processes and systems.
· Drive Change: Proactively initiate change in response to internal and external cues, advocating for a culture of continuous improvement and change management.
· Results Oriented: Cultivates a culture of meeting established deadlines and holding team members
accountable for achieving results.
· Influence: Positively influence the team and stakeholders through effective leadership and communication, mentoring junior staff in these skills.
Qualifications & Experience
Qualified accounting professional
Min 4-8 years relevant working experience
Audit experience will be preferred
Skillset
Strong analytical skills
Problem solving mindset
Ability to work effectively as part of a team or lead junior team members
Your application will include the following questions:
What can I earn as an Assistant Finance Manager