Assistant Manager Finance

SD Guthrie International; Bintulu; Hybrid; MYR 40,000 - 80,000; Full time

Job summary

Join a forward-thinking company that excels in producing high-quality edible oils and biodiesel. As a key player in the finance department, you will oversee financial reporting, budgeting, and cash flow management while ensuring adherence to corporate governance. This innovative firm values its people and offers a hybrid workplace with flexible benefits, employee wellness programs, and opportunities for professional growth. If you're ready to contribute to a sustainable future and thrive in a dynamic environment, this role is perfect for you.

Benefits

Flexible Benefits Coverage

Hybrid Workplace

Learning on Demand

Employee Wellness Programme

Education Assistance

Free Parking

Qualifications

• 10 years of experience in Finance/Accounting/Auditing.
• Ability to handle a full set of accounts.

Responsibilities

• Oversee and manage the Finance Department.
• Prepare financial reports and forecasts.
• Lead procurement-related matters.

Skills

Financial Reporting

Budgeting

Cost Accounting

Cash Flow Management

Tax Compliance

Education

Degree in Finance / Accounting

Accounting Professional Qualifications (e.g. ACCA/CPA/MICPA)

Tools

Accounting Software

Microsoft Excel

Job description

About Us

SD Guthrie International (SDGI) produces edible oils, palm oil-based biodiesel, nutraceuticals and other palm oil derivatives for the global market. Driven by a philosophy of “Realising possibilities, together”, SDGI

collaborates closely with customers to develop bespoke solutions, including superior refined oils and fats that are tailor-made to their needs.

SDGI owns and manages 11 refineries with a total capacity of 4 million metric ton (MT) per year and a total bulking installation capacity of 284,900 MT; four kernel crushing plants with a total annual capacity of 465,000 MT; one biodiesel plant with a production capacity of 120,000 MT per annum; one soya crushing plant with a production capacity of 132,000 MT per annum; as well as two copra mills in Papua New Guinea with a combined production capacity of 42,000 MT.

At SDGI, we are committed to partnerships focused on your success, exploring every possibility to deliver the right solutions and identify new opportunities. We are dedicated to a future where we achieve the best results together. With a global footprint and extensive network, SDGI offers a rewarding and fulfilling career path for dynamic and vibrant young talents. Join us on an exciting journey to create quality products and ensure sustainable living for consumers.

We value our people and encourage everyone to grow professionally. If you think this opportunity is right for you, we encourage you to apply!

Roles & Responsibilities:

Finance

• Overseeing and managing the Finance Department
• Responsible for accurate and timely submission of financial and management reports and ensuring adherence to financial, accounting and operational procedures
• Responsible for providing accurate and timely submission of financial and cash flow forecasts as well as accuracy in forecasting operational performance.
• Responsible for annual budgeting and preparing statutory accounts
• Effective management of working capital especially on management of debtors and inventories.
• Review and analyse cost accounting report
• Actively support the Business Unit Head in value creation and cost reduction initiatives
• Recommend and implement internal control and corporate governance processes
• Report on financial performance, variance analysis and recommendations for process improvements
• Supervise, train and take a leadership role in developing accounting staff
• Ensure adherence to financial, accounting and operational procedures and prompt submission of monthly financial and operational reports to Head Office.
• Design, implement, monitor and review the accounting system and procedures to meet the requirements of both the internal and external auditor.
• Liaise with bankers on banking facilities, foreign exchange and money market transactions, letters of credit and other banking matters.
• Monitor daily cash flow and project funding requirements for effective control and utilization of excess funds.
• Manage foreign exchange exposure and hedge appropriately by approved company policies.
• Provide financial information/analysis to management as and when required.
• Liaise closely with the marketing department on debt collection and compliance of credit terms extended to customers.
• Assist management in the formulation of pricing policy for various products in response to changing commodity prices
• Preparation of tax computations for review by Group Tax and submission of applications for various tax incentives, such as double tax deduction for R & D expenditure and promotion of export expenses.
• Aggregation of the departmental budgets and preparation of the main financial budgets.
• Handle annual insurance renewals and attend to all audit queries relating to annual accounts.

Procurement

• Lead and assists in Procurement related matters
• Review every single source sourcing request
• Review monthly opened PO ageing
• Review and approve for new vendor creation. Verification of new setup or change in bank details
• Assist Procurement in the business unit tender to ensure processes are transparent and aligned with group policy.

Ideal Candidate:

• Degree in Finance / Accounting; or completed Accounting Professional Qualifications (e.g. ACCA/CPA/MICPA)
• Preferably with 10 years of experience in Finance / Accounting / Auditing and able to handle a full set of accounts. Preferably with 3 years of experience in an assistant managerial role.

Why Join Us?

• Flexible Benefits Coverage
• Hybrid Workplace
• Learning on Demand
• Employee Wellness Programme
• Employee Engagement Activities
• Education Assistance (terms & conditions apply)
• Free Parking and many more...