CFO (Manufacturing)

MVC Resources; Klang City; On-site; MYR 600,000 - 1,200,000; Full time

Job summary

Zohorecruit in Malaysia seeks a Chief Financial Officer to lead financial strategy, governance, and capital management for a large-scale manufacturing group with multiple plants.

You will drive FP&A, treasury, cost accounting, capex evaluation, and expansion plans while partnering with operations on lean initiatives and cost control across sites.

The role requires IFRS/MFRS compliance, robust internal controls, and leadership across HQ and plants to enable automation and long-term value creation.

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field; MBA preferred.
• 15+ years of progressive finance experience; CFO or senior finance leadership experience required.
• Experience in manufacturing or industrial environments with multi-plant operations.

Responsibilities

• Develop and lead the company’s financial strategy and governance across multiple plants.
• Oversee FP&A, budgeting, forecasting, and profitability analysis by plant and geography.
• Manage treasury, working capital, debt structuring, and funding strategies; handle FX and commodity risks.
• Lead cost accounting, standard costing, capex evaluation, and capex deployment.
• Oversee IFRS/MFRS compliance, internal controls, insurance, and regulatory requirements.
• Lead and develop the finance team across HQ and plant locations; support M&A and corporate finance initiatives.

Skills

Financial leadership

Strategic planning

FP&A

Treasury

M&A

Manufacturing finance

Leadership

Education

Bachelor’s in Finance/Accounting

MBA

Tools

ERP systems

Excel (advanced)

Job description

The Chief Financial Officer (CFO) will be a key member of the executive leadership team, responsible for overseeing all financial aspects of the company. This includes financial strategy, capital management, operational finance, and governance across a large-scale manufacturing environment with complex supply chains, cost structures, and capital-intensive operations.

The CFO will drive financial performance, ensure robust internal controls, and support strategic initiatives such as expansion, automation, and potential M&A activities.

Key Responsibilities

1. Financial Strategy & Leadership

• Develop and execute the company’s financial strategy aligned with business objectives
• Provide strategic recommendations to the CEO and Board
• Lead long-term financial planning, scenario modelling, and capital allocation
• Support business growth, including new plant investments and market expansion

2. Financial Planning & Analysis (FP&A)

• Oversee budgeting, forecasting, and variance analysis
• Drive profitability analysis by product line, plant, and geography
• Enhance financial visibility across operations

3. Manufacturing & Operational Finance

• Lead cost accounting, standard costing, and variance analysis
• Monitor production costs, labour efficiency, and overhead absorption
• Partner with operations on:
• Lean manufacturing initiatives
• Inventory optimization and working capital management
• Evaluate capex investments (machinery, automation, expansion)

4. Treasury & Cash Flow Management

• Manage cash flow, liquidity, and banking relationships
• Optimize working capital (inventory, receivables, payables)
• Oversee funding strategies, including debt structuring and refinancing
• Manage FX exposure and commodity price risks
• Ensure timely and accurate financial reporting (monthly, quarterly, annual)
• Oversee compliance with accounting standards (e.g., IFRS / MFRS)
• Maintain strong internal controls and governance frameworks
• Identify financial and operational risks across the business
• Implement robust internal control systems
• Oversee insurance, compliance, and regulatory requirements
• Ensure adherence to tax and statutory obligations

7. M&A, Investments & Corporate Finance

• Lead evaluation and execution of M&A opportunities
• Conduct financial due diligence and valuation analysis
• Structure deals, funding, and post-merger integration
• Manage relationships with investors, banks, and advisors
• Lead and develop the finance team across HQ and plant locations
• Build strong finance business partnering capabilities
• Foster a performance-driven and accountable culture

Requirements

Key Requirements

• Education & Professional Qualifications
• Bachelor’s Degree in Finance, Accounting, or related field
• MBA is an added advantage
• 15+ years of progressive finance experience
• Proven experience as CFO / Finance Director or senior finance leader
• Strong background in manufacturing or industrial environment
• Experience managing multi-plant operations
• Exposure to M&A, fundraising, or corporate finance is highly preferred