Finance Manager

Askheadhunter; Ipoh; On-site; MYR 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a skilled finance professional to oversee key financial operations including accounts, payroll, and compliance. This role involves ensuring accurate financial reporting, managing budgeting processes, and liaising with government agencies. As a leader, you will supervise a diverse team, promote a safe working environment, and maintain robust internal controls. This opportunity offers a chance to make a significant impact on financial management and strategic planning within the organization, fostering growth and operational excellence.

Qualifications

• Degree in Accountancy required with strong knowledge in financial systems.
• Proven leadership and communication skills to manage teams effectively.

Responsibilities

• Oversee Accounts and Costing departments ensuring accurate financial records.
• Manage payroll processes and ensure compliance with statutory regulations.

Skills

Financial Reporting

Budgeting

Payroll Administration

Leadership

Communication Skills

Risk Management

Internal Controls

Statutory Compliance

Education

Degree in Accountancy

Job description

In charge of Accounts, Costing, Payroll and Office Administration Departments. To ensure accounts and reports comply with accounting standards and procedures and statutory requirements and also timely completion of the reports for management decision making and for submission to various authorities (e.g., IRB, BHB, Customs, BNM).

WHAT YOU'LL BE DOING

Key Responsibilities:

1. Oversee the Accounts and Costing departments to ensure accurate financial records and timely reporting.
2. Ensure compliance with accounting standards, statutory requirements, and company policies.
3. Manage monthly and yearly end account closings and prepare financial reports for management decision-making and submission to authorities (e.g., IRB, BHB, Customs, BNM).

Budgeting and Cost Control:

4. Attend cost meetings to discuss variations from the budget.
5. Oversee the preparation and compilation of the Budget Operations & Review (BOR) reports.
6. Monitor progress on budget proposals and ensure timely distribution of the annual operating and capital expenditure budgets.

Payroll and Office Administration:

7. Supervise payroll processes for management and unionized staff.
8. Review management staff payroll and oversee payroll budget preparation.
9. Ensure the smooth operation of office administration and equipment.

Cash Flow and Financial Planning:

10. Assist in monitoring fund requirements to ensure effective cash management.
11. Prepare monthly and quarterly cash flow forecasts for the Board and BHB.
12. Review and monitor insurance renewals and claims computations.

Statutory and Compliance:

13. Liaise with government agencies such as IRB, EPF, SOCSO, and external/internal auditors.
14. Ensure compliance with relevant accounting policies and statutory regulations, including income tax submissions and estimated tax installments.

Reporting and Consolidation:

15. Supervise the consolidation of group accounts and special assignments.
16. Oversee the preparation of evaluation reports (e.g., IRR) for major capital expenditures.

Risk and Internal Control:

17. Maintain robust internal control systems and ensure adherence across departments.
18. Monitor special assignments, including system upgrades or corporate initiatives.

Safety and Environment:

19. Promote a safe and healthy working environment.
20. Serve as the Chief ERP Warden and conduct monthly toolbox talks for Administration and Finance staff.

WE WANT SOMEONE WHO:

Requirement:

1. Educational Background: Degree in Accountancy.
2. Strong knowledge of financial and payroll systems, budgeting, and compliance with statutory regulations.
3. Proven leadership and communication skills to manage a diverse team effectively.
4. Financial reporting and analysis.
5. Budgeting and cost management.
6. Payroll administration and statutory compliance.
7. Risk management and internal controls.
8. Proficiency in handling corporate-level financial systems and special projects.