Finance Director (Manufacturing)(Penang)

Michael Page International (Malaysia) Sdn Bhd; Penang; On-site; MYR 250,000 - 300,000; Full time

Job summary

An established industry player is seeking a Finance Director to lead strategic financial initiatives in Malaysia. This role offers a unique opportunity to shape the financial landscape of a leading manufacturing firm. You will be responsible for developing financial strategies, overseeing budgeting and forecasting, and ensuring compliance with local regulations. With a focus on innovation and growth, this position is ideal for a visionary leader with a strong background in finance. Join a dynamic team where your expertise will drive success and contribute to the company's expansion plans.

Qualifications

• 10-15 years of experience leading a finance team.
• Strong understanding of current accounting standards.

Responsibilities

• Develop and execute the financial strategy aligned with business objectives.
• Oversee annual budgeting and financial planning for Malaysia.
• Establish internal controls to safeguard assets.

Skills

Strategic Financial Leadership

Financial Planning & Analysis

Treasury & Risk Management

Internal Controls & Governance

Stakeholder Management

Education

Professional qualifications (ACCA, CIMA, CPA)

Job description

Finance Director (Manufacturing)(Penang)

Are you looking for a new challenge in your career? A great opportunity has arisen for those seeking growth and development. A leading manufacturing company is looking for like-minded individuals to join their expansion plans.

The organization we are working with is a prominent leader in its industry, experiencing significant growth and focusing on innovation in today's market.

Job Description

Strategic Financial Leadership:

• Develop and execute the company's financial strategy aligned with overall business objectives in Malaysia.
• Provide strategic financial advice and insights to the CEO and executive team for key business decisions.
• Lead the development of long-term financial plans, including funding strategies, capital allocation, and profitability targets for Malaysian operations.
• Analyze market trends, economic conditions, and competitor activities to identify risks and opportunities.

Financial Planning & Analysis (FP&A):

• Oversee annual budgeting, forecasting, and long-range financial planning for Malaysia.
• Lead the FP&A team to deliver timely and insightful financial reports.
• Monitor financial performance, identify variances, and recommend improvements.
• Develop and track KPIs relevant to the Malaysian business.
• Ensure accurate preparation of financial statements in accordance with Malaysian Financial Reporting Standards (MFRS).
• Manage month-end, quarter-end, and year-end closing processes, ensuring compliance with timelines and regulations.
• Handle tax planning and compliance in Malaysia, ensuring adherence to local laws.
• Coordinate with external auditors, tax advisors, and regulatory bodies.

Treasury & Risk Management:

• Oversee treasury functions, including cash management, banking relationships, and forex risk management.
• Develop financial risk management policies suitable for the Malaysian environment.
• Ensure adequate insurance coverage for assets and liabilities.

Internal Controls & Governance:

• Establish and maintain internal controls to safeguard assets and ensure financial integrity.
• Ensure compliance with policies, procedures, and legal requirements.
• Lead, mentor, and develop the finance team, fostering high performance.

Stakeholder Management:

• Build relationships with banks, investors, and regulatory bodies.
• Represent the finance function in meetings with the executive team and board.

Profile Requirements

• Minimum 10-15 years of experience, leading a finance team of at least 5 members.
• Professional qualifications such as ACCA, CIMA, CPA, or equivalent preferred.
• Strong leadership, motivation, and development skills.
• Visionary, proactive, and willing to take calculated risks for growth.
• Detail-oriented with the ability to identify growth, cost-saving, and process improvement opportunities.
• Strong understanding of current accounting standards.
• Excellent reporting and organizational skills.

Compensation

Attractive package: RM 30,000 - RM 40,000 monthly.

To apply, click the 'Apply' button below or contact Sue Wen Looi at [phone] for a confidential discussion.