Lead Finance, Costing & Accounts - Trading

Recron Malaysia; Kuala Lumpur; On-site; MYR 60,000 - 100,000; Full time

Job summary

Join a forward-thinking company as a Lead Finance professional, where your expertise in international credit insurance and financial risk management will be pivotal. This role involves developing budgets, overseeing cash flow, and ensuring accurate financial reporting. You will collaborate with teams to optimize financial strategies and drive performance in a dynamic trading environment. With a strong focus on analytical insights and management reporting, you will play a crucial role in shaping financial decisions. If you have a passion for finance and a wealth of experience in multinational settings, this opportunity is for you!

Qualifications

• 15+ years of experience in finance management, preferably in trading.
• Strong knowledge of international credit and risk management frameworks.

Responsibilities

• Develop and implement annual budgets and forecasts.
• Lead the preparation of internal management reports for decision-making.

Skills

International Credit Insurance Management

KYC Checks

Financial Risk Assessment

Cash Flow Management

Budgeting and Forecasting

Analytical Skills

Management Reporting

Education

Bachelor’s degree in Finance

Chartered Accountant (CA)

Tools

Financial Software

ERP Systems

Job description

Lead Finance, Costing & Accounts - Trading

• Expertise in managing international credit insurance and developing risk matrices for open credit business, particularly in the GCC and Africa regions.
• Extensive experience in conducting customer KYC (Know Your Customer) checks and performing detailed credit assessments to mitigate financial risks.
• Ability to work with Sales Team to ensure that the company covers the cost of credit, insurance, and other finance-related costs.
• Act as Middle Office and approve all trades that meet the pricing guidelines set by the Business from time to time.

2. Budgeting and Forecasting:

• Develop and implement annual budgets and forecasts.
• Monitor and analyze monthly budget vs. actual performance, providing insights and recommendations for adjustments.
• Oversee the preparation and finalization of financial statements for month-end, quarter-end, and year-end, ensuring accuracy and timeliness.
• Manage audit processes, addressing queries promptly to ensure smooth closure.

4. Cash Flow Management:

• Ensure effective cash flow management through diligent tracking of receivables and follow-up procedures with clients.
• Optimize cash collection cycles and minimize overdue accounts.

5. Management Reporting:

• Lead the preparation of internal management reports, ensuring accurate financial data and KPIs for decision-making.

Requirements:

• Bachelor’s degree in Finance, Accounting, Business Administration, Economics, or a related field.
• Professional Qualification as a Chartered Accountant (CA) from ACCA is required.
• At least 15 years of experience in finance management, preferably in a trading or multinational environment.
• Understanding of the trading sector, foreign exchange, or financial markets.
• Proven experience in managing finance and accounting functions.
• Strong knowledge of international credit and risk management frameworks, especially in GCC and Africa markets.
• Analytical mindset with the ability to interpret financial data and derive insights.
• Proficiency in financial software and ERP systems.

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Your application will include the following questions:

• Years of experience as an Accounts professional
• Right to work in Malaysia
• Familiarity with accounting tasks
• Expected monthly salary
• Qualifications
• Experience with forecasting
• Experience as a Chartered Accountant
• Experience as a Trade Analyst

Manufacturing, Transport & Logistics: 1,001-5,000 employees

Recron Malaysia is the world's largest integrated Polyester and Textile Company, part of the USD 51 billion Reliance Group, with manufacturing facilities in Nilai and Melaka, Malaysia. As part of a Fortune Global 500 company, Recron Malaysia leads in Polyester production, offering a wide range of products including Polymers, PET Resins, Fibers, Yarns, and Fabrics.

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