Assistant Vice President Account & Finance

HomePro; Subang Jaya; On-site; MYR 200,000 - 250,000; Full time

Job summary

A leading retail company in Malaysia seeks a professional to oversee the daily operations of their Accounting and Finance team. The role involves financial planning, budget management, and compliance with financial policies. You will collaborate with various leaders to maintain timely and accurate reporting, monitor financial performance, and manage staff training and development. Strong experience in accounting and financial oversight is essential for this position, ensuring effective decision-making at the management level.

Qualifications

• Experience in financial planning and analysis, managing budgets.
• Proficient in overseeing month-end and year-end closing processes.
• Strong analytical skills to monitor company performance against budget.

Responsibilities

• Oversee the daily operation of the Accounting and Finance team.
• Provide financial planning and analysis to support management decision.
• Monitor company performance against the budget.

Job description

Oversee the daily operation of the Accounting and Finance team and ensuring compliance to finance and accounting policies.

Provide Financial Planning and Analysis to support management decision.

Provide input on the P&L budget and forecast received from Retail and constantly identify financial risk and opportunities.

Partners with the Retail Operations Leaders and work closely with other Financial Planning and Business Finance team.

Oversee the month end and year end closing process to ensure timely and accurate reporting to management.

Create standardized report that provide accurate and timely data to the business including up-to-date information regarding actual versus forecasted performance highlighting sales, gross margin by store and product category.

Provide consistent feedback and keep senior management updated through proactive monitoring of key issues in Retail.

Take an active role in the effort to improve the accuracy and speed of the closing process and timely reporting of financial results to the company.

Ensure proper presentation of business activities and to make sure all internal reporting deadlines are met in a timely manner.

Monitor the company performance against the Budget

Preparing monthly forecast, half yearly forecast and yearly budget.

Plan and monitor the Weekly and monthly cash flow to ensure positive cash inflow

Liaise with external auditor in finalizing the audit report and Tax Agent for tax computation.

Preparing weekly sales performance reporting for management measuring against the target.

Actively manage training, development and performance of staff. Provide counselling and mentoring to increase performance to achieve department and organizational objectives.

Collaborate with team to maintain current standard operating procedures (SOP) manual for key financial processes.

Review and approve selected journal entries, departmental projects and assignments including but not limited to accounts payable batches, accounts receivable batches, ACH transmittals payroll and bank reconciliations.

Organizing and leading the yearly stocktake and carry out the investigation on the variances.

Apply and negotiating banking facilities with banker