Corporate Finance Manager - SSC

PERSOL; Kuala Lumpur; On-site; MYR 150,000 - 180,000; Full time

Job summary

A leading financial services provider is seeking a Corporate Finance Manager in Kuala Lumpur to set up and manage finance operations for its local subsidiary. The ideal candidate will have at least 10 years of experience in finance, strong skills in financial reporting, budgeting, and compliance with Malaysian tax laws. This role requires solid proficiency in SAP and excellent stakeholder management abilities to ensure adherence to internal and external audit standards.

Qualifications

• 10+ years of relevant finance experience, particularly in managing accounts.
• Experience in managing finance functions in a foreign subsidiary in Malaysia.
• Strong understanding of Malaysian taxation and compliance requirements.

Responsibilities

• Set up and manage local banking arrangements.
• Oversee finance operations across Accounts Payable, Receivable, and General Ledger.
• Lead monthly, quarterly, and annual financial closing processes.
• Ensure compliance with local statutory and tax requirements.

Skills

Full set of accounts management

Financial reporting

Stakeholder management

SAP proficiency

Process improvement

Education

Bachelor’s Degree in Accountancy

Tools

SAP

Job description

Corporate Finance Manager - SSC (ID: 693028)

Key areas of responsibility include:

• 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 International Financial Reporting Standards (IFRS), Generally Accepted Accounting Principles (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.