Corporate Finance Manager

PERSOL; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

A leading consultancy firm is seeking a Corporate Finance Manager for their Shared Services Centre in Kuala Lumpur. The ideal candidate will have over 10 years of experience in finance operations, primarily managing finance functions in Malaysia. The role includes establishing finance infrastructures, managing compliance, and overseeing budgeting processes. Candidates with experience in SAP and strong knowledge of Malaysian financial regulations will be prioritized. Excellent communication skills and the ability to work independently are essential.

Qualifications

• 10+ years of experience in finance operations.
• Experience managing finance functions of a subsidiary.
• Strong knowledge of Malaysian tax regulations.

Responsibilities

• Establish and manage finance functions for the SSC.
• Oversee financial reporting and compliance.
• Lead budgeting and forecasting processes.

Skills

Financial Governance

Stakeholder Management

Systems Implementation

Financial Reporting

Compliance Knowledge

Education

Bachelor’s Degree in Accountancy

Tools

SAP

Job description

Corporate Finance Manager (Confidential Search)

The successful candidate will be responsible for establishing, managing, and leading the corporate finance function for the Shared Services Centre (SSC) in Kuala Lumpur. He/She will play a key role in setting up the finance infrastructure, ensuring robust financial governance, and supporting the company's strategic and operational objectives.

Key areas of responsibility

• Setting up and managing local banking arrangements.
• Implementing and maintaining the local Enterprise Resource Planning (ERP) / accounting system.
• Managing payroll funding and related cash flow requirements.
• Ensuring full compliance with Malaysian statutory reporting, tax, and audit requirements.
• Ensuring adherence to the Group’s policies, procedures, and internal control framework.

Key Responsibilities

ERP Implementation and Systems Management

• Design, manage, and oversee end-to-end implementation in collaboration with external and suitable consultants.

Finance Operations

• Oversee day-to-day finance operations across Accounts Payable (P2P), Accounts Receivable (O2C), General Ledger (R2R), and cash management.
• Establish and maintain strong internal controls to safeguard the company’s assets and ensure data integrity.
• Develop, document, and continuously refine finance processes and standard operating procedures.

Financial Reporting and Analysis

• Lead and manage monthly, quarterly, and annual financial closing processes.
• Ensure the timely and accurate preparation of financial statements and management reports in accordance with IFRS, GAAP and local statutory requirements.
• Review and analyse financial performance, including variance analysis, and provide meaningful insights and recommendations to management.
• Consolidate and report monthly financial results to the Group in a timely manner.

Statutory and Tax Compliance

• Prepare and file annual statutory financial statements for the local entity in compliance with local GAAP/IFRS.
• Oversee all aspects of local tax compliance, including Corporate Income Tax, Value-Added Tax (VAT)/Goods and Services Tax (GST) returns, and Withholding tax.
• Act as the primary point of contact for external statutory audits and internal audits of the company.

Budgeting, Forecasting, and Cost Management

• Lead the annual budgeting and periodic (e.g., quarterly) forecasting processes for the company.
• Partner closely with Business Units (BUs) to understand operations, track actuals versus budget/forecast monthly and investigate budget variances.
• Monitor and control operating expenses, including review and approval of local purchase requisitions and vendor invoices related to the company's operations.

Transfer Pricing and Chargebacks

• Maintain and periodically update the Transfer Pricing and Chargeback model.
• Compute costs to be recharged to receiving Business Units based on agreed allocation methodologies (e.g., Full-Time Equivalent (FTE) count, transaction volumes, time-tracking data).
• Perform year-end “true-up” calculations to align recharges with actual costs versus budgeted rates.

Requirements

• Possess a Bachelor’s Degree in Accountancy.
• At least 10 years of relevant experience with strong exposure to the full set of accounts and end-to-end finance operations.
• Prior experience managing the finance function of a foreign subsidiary or an SSC legal entity in Malaysia.
• Demonstrated track record in setting up finance functions from the ground up (e.g., bank account opening, tax registration, systems implementation and setup, internal controls, and accounting policies).
• Experience in external audit (with a recognised audit firm) is an advantage.
• Strong systems proficiency in SAP and a process-improvement mindset, with a focus on automation and efficiency.
• Solid understanding of transfer pricing principles, particularly “Cost-Plus” models and intercompany billing mechanics.
• Strong working knowledge of Malaysian tax requirements, including Service Tax (SST), Withholding Tax and Capital Allowances.
• High level of independence and self-motivation; comfortable operating in a standalone capacity in the initial phase, with limited on-the-ground support.
• Excellent communication and stakeholder management skills.