Assistant Manager – Finance

Emart24 Holdings; Selangor; On-site; MYR 70,000 - 90,000; Full time

Job summary

A leading retail company in Malaysia is seeking an Assistant Manager – Finance to support financial operations and compliance. This role involves managing daily finances, overseeing budgeting and forecasting, and supervising junior staff. The ideal candidate has a degree in Accounting or Finance, with at least 7 years of experience, including 3 in a manufacturing environment. Strong knowledge of Malaysian Financial Reporting Standards and ERP proficiency are essential for success in this role. Competitive compensation and a dynamic work environment are offered.

Qualifications

• Degree in Accounting, Finance, or related field; ACACC, CPA, CIMA an advantage.
• Minimum 7 years in accounting/finance, 3 years in manufacturing.
• Experience in costing highly preferred.

Responsibilities

• Manage daily financial operations including accounts payable/receivable.
• Assist in annual budget preparation and forecasting.
• Oversee costing, inventory management, and variance analysis.
• Ensure compliance with taxation and internal controls.
• Support and supervise junior staff in finance department.

Skills

Knowledge of Malaysian Financial Reporting Standards (MFRS)

ERP system proficiency (e.g., SAP, Oracle)

Advanced Excel skills

Strong negotiation skills

Detail-oriented with analytical skills

Good communication skills

Education

Degree in Accounting or Finance

Tools

SAP

Oracle

Job description

Assistant Manager – Finance (Feb / Mar Intake)

The Assistant Manager - Finance supports the Director – Business Strategy in overseeing the company’s financial operations, ensuring compliance with accounting standards, tax regulations, and internal controls. This role is crucial in driving financial efficiency, cost control, and accurate reporting in a manufacturing environment.

Key Responsibilities:

1. Financial Operations Support

• Assists in managing daily financial operations, including accounts receivable, accounts payable, stock-related matters, stock reconciliation reports, and general ledger maintenance.
• Ensures accurate financial records, timely reporting, and effective coordination between finance and other departments.

2. Budgeting & Forecasting

• Assist in the annual budget preparation and periodic forecasting exercises.
• Work closely with manufacturing and operations teams to align financial plans with production output and cost structure.
• Identify trends and provide actionable insights for cost savings.

3. Costing & Inventory Management

• Oversee standard costing, BOM (Bill of Materials) reviews, and variance analysis.
• Monitor raw material and finished goods inventory valuation.
• Collaborate with production and procurement teams to ensure cost accuracy and stock control.

4. Taxation & Compliance

• Ensure timely submission of SST, corporate tax, and other statutory reports.
• Liaise with auditors, tax agents, and regulatory bodies (e.g., LHDN, SSM, MITI).
• Support in managing transfer pricing documentation if required.

5. Internal Controls & Process Improvement

• Support implementation and monitoring of internal controls within finance and related departments.
• Identify opportunities for process automation and system improvements (e.g., ERP enhancements).
• Participate in stock counts and audits.

6. Team Support & Supervision

• Guide and supervise junior finance staff in daily operations.
• Provide training and coaching on accounting procedures, compliance, and system usage.

7. Other duties

• Any other duties and responsibilities that may be assigned from time to time.

Qualifications :

1. Education : Degree in Accounting, Finance, or related field. Professional qualifications (ACCA, CPA, CIMA) are added advantages.
2. Experience : Minimum 7 years of working experience in accounting/finance, with at least 3 years in manufacturing environment.
3. Skills required :
   • Strong knowledge of Malaysian Financial Reporting Standards (MFRS), SST, and local tax laws.
   • Proficiency in ERP systems (e.g., SAP, Oracle, or similar).
   • Advanced Excel and financial modeling skills.
   • Strong negotiation skills and decision making are essential.
   • Strong teamwork by contributing to group efforts, supporting colleagues, and fostering a positive, cooperative work environment.
   • Analytical, detail-oriented, and good communication skills.
4. Additional requirement : Only candidates with a manufacturing background or experience in costing will be considered.