Assistant Finance Manager - Treasury & Reporting

ECO Group of Companies; Puchong; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading company in the interior design and construction sector in Malaysia is seeking versatile candidates for the roles of Assistant Finance Manager and Internal Audit Manager. These positions will play crucial roles in managing financial operations, overseeing internal audits, and ensuring compliance with financial regulations while interacting with various departments to support organizational goals. The successful candidates will have proven expertise in finance, strong analytical skills, and a commitment to excellence.

Qualifications

• Minimum 3 years of experience in Finance & Accounting.
• Experience in project-based industries is an advantage.
• Ability to develop and implement internal controls.

Responsibilities

• Monitor and manage daily cash balances across projects.
• Lead the budgeting and forecasting processes for projects.
• Conduct internal audits and ensure compliance with regulations.

Skills

Negotiation

Communication

Education

Bachelor’s Degree in Finance, Accounting or related field

Tools

MS Excel

Accounting software/ERP systems

Job description

Assistant Finance Manager and Internal Audit Manager

· Monitor and manage daily cash balances and cash positions across projects and group companies.

· Ensure sufficient liquidity for project needs while optimizing idle cash through short-term placements.

· Supervise daily fund transfers, intercompany transactions, and payments.

Project P&L Budgeting and Controls

· Work closely with project and commercial teams to prepare project budgets, forecasts, and P&L statements.

· Monitor actual performance against project budgets and identify variances.

· Ensure cost control measures are in place throughout the project lifecycle.

· Highlight and escalate financial risks, cost overruns, and margin impacts to management in a timely manner.

· Maintain strong relationships with financial institutions to secure credit lines, project financing, and bank guarantees.

· Oversee the issuance and management of performance bonds, advance payment guarantees, and other bonds.

· Support due diligence and documentation for any structured/project financing activities.

Working Capital & Trade Finance

· Oversee collections, payments, and supplier financing programs to optimize working capital.

· Coordinate with relevant department to align payment terms with cash availability.

· Manage retention sums, milestone billing, and variation orders from a treasury and budgeting standpoint.

Treasury Operations & Systems

· Oversee all treasury transactions and ensure they are properly recorded in the accounting system.

· Perform monthly bank reconciliations and ensure accuracy of treasury-related general ledger entries.

· Implement and improve treasury policies, SOPs, and internal controls.

Cash Flow Forecasting & Financial Planning

· Prepare and update rolling cash flow forecasts by project, entity, and group level.

· Identify funding gaps and proactively plan for internal or external financing.

· Support CFO in strategic planning and capital allocation.

· Identify and mitigate financial risks including default risk.

· Implement efficient credit controls.

Reporting & Analysis

· Prepare and present monthly treasury dashboards and project finance reports for management.

· Provide meaningful analysis and commentary on project cash flows and P&L impact.

· Support board and lender reporting requirements.

Ad Hoc Tasks

· Participate in internal and external audits related to treasury, finance, and project controls.

· Support M&A or investment activities from a cash and funding perspective.

· Assist CFO and senior management with special projects, feasibility studies, or business case analysis.

· Perform any other duties as assigned to support the company’s financial and operational goals.

Assistant Finance Manager - Reporting

Job Responsibilities

Audit and Compliance:

· Coordinate and manage internal and external audits, providing necessary documentation and ensuring audit findings are addressed in a timely manner.

· Strengthen internal controls to prevent fraud, enhance data integrity, and ensure compliance with relevant financial standards.

· Ensure compliance with tax regulations and manage relationships with tax authorities.

Internal Control & Compliance Review:

Develop, implement, and maintain internal control systems to safeguard assets.

Ensure compliance with financial regulations, company policies, and relevant statutory requirements.

Conduct periodic reviews to identify risks and recommend improvements.

Budgeting, Forecasting, and Financial Analysis:

· Lead the budgeting and forecasting processes, creating comprehensive financial models aligned with business strategies.

· Conduct financial analysis to track performance against budgets, identifying key trends and variances.

· Monitor cash flow and capital management to ensure financial stability and support ongoing operations.

Tax Compliance and Strategy:

· Oversee tax compliance processes, ensuring timely filing and adherence to Malaysian tax laws.

· Work with tax advisors to optimize tax strategies and ensure the company benefits from available incentives.

Financial Risk Management:

· Identify and assess financial risks associated with company operations, developing mitigation strategies.

· Conduct reviews of financial policies and processes to ensure they align with best practices and regulatory requirements.

Team Leadership and Development:

· Manage and mentor the finance team, fostering a culture of continuous improvement and professional development.

· Ensure team members are equipped to meet organizational goals and challenges.

Cross-functional Collaboration:

· Collaborate with legal, operations, and other departments to ensure alignment of financial reporting with overall business objectives.

· Provide financial insights to support decision-making and strategic initiatives across the organization.

Internal Audit Manager

Job Responsibilities

Internal Audit:

Plan, develop, and execute internal audit strategies and annual audit plans covering financial, operational, and compliance audits.

Conduct audits on project sites, head office operations, and departments such as procurement, contract administration, project management, finance, and HR.

Assess internal controls, identify control weaknesses, and recommend effective solutions for improvement.

Evaluate compliance with internal policies, procedures, local regulatory requirements, and relevant industry standards (e.g., CIDB, ISO).

Prepare detailed audit reports and present findings with clear recommendations to senior management and the Board.

Follow up on implementation of corrective action plans and report progress.

Establish and maintain the enterprise risk management framework, policies, and procedures.

Identify, assess, and prioritize operational, financial, legal, and strategic risks across project lifecycles.

Collaborate with project teams, QS, site managers, and senior management to develop risk mitigation plans.

Monitor project risk exposure, including cost overruns, delays, contractual risks, safety hazards, and compliance gaps.

Coordinate periodic risk reviews and risk registers at both project and corporate levels.

Advise management on emerging risks and best practices in the construction and contracting environment.

People & Process:

Lead, coach, and supervise internal audit/risk personnel.

Promote a culture of compliance, accountability, and risk awareness throughout the organization.

Work with other departments to develop or revise SOPs, internal controls, and risk mitigation protocols.

Requirements:

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

Minimum 3 years of experience in Finance & Account.

Strong negotiation and communication skills.

Experience in project-based industries (construction/interior design) is an added advantage.

Proficient in MS Excel and familiar with accounting software/ERP systems.

Unlock job insights

Salary match Number of applicants Skills match

Your application will include the following questions:

Which of the following languages are you fluent in?

We are an established Group of Companies into INTERIORS DESIGN, FIT-OUTS, CONSTRUCTIONS, PROPERTY DEVELOPMENT and LOOSE FURNITURE & LIGHTS PRODUCTS in Malaysia.

In line with our expansion, we are looking for hardworking, dynamic and career driven candidates to be part of our teams. Interested candidates may apply and send their resume via on-line.

We are an established Group of Companies into INTERIORS DESIGN, FIT-OUTS, CONSTRUCTIONS, PROPERTY DEVELOPMENT and LOOSE FURNITURE & LIGHTS PRODUCTS in Malaysia.

In line with our expansion, we are looking for hardworking, dynamic and career driven candidates to be part of our teams. Interested candidates may apply and send their resume via on-line.

To help fast track investigation, please include here any other relevant details that prompted you to report this job ad as fraudulent / misleading / discriminatory.

What can I earn as an Assistant Finance Manager