FINANCE & ACCOUNTS MANAGER (DEPARTMENT LEAD)
JOB DESCRIPTION
To lead and manage the Company's finance and accounting function, ensuring sound financial management, accurate reporting, effective treasury operations, regulatory compliance and strong financial governance.
This position requires an established and experienced finance professional with proven departmental leadership, strong technical expertise, commercial acumen and the ability to independently manage financial operations, provide strategic financial insights and support management decision-making.
KEY RESPONSIBILITIES
- Lead financial planning, budgeting, forecasting and financial performance management.
- Oversee full-spectrum accounting operations, including financial closing, reconciliations, accounts payable, accounts receivable and statutory reporting.
- Ensure accurate and timely preparation of management accounts, financial statements and reports in accordance with Malaysian Financial Reporting Standards (MFRS).
- Analyze financial performance, identify variances and financial risks, and provide actionable recommendations to management.
2.Treasury, Cash Flow & Funding Management
- Manage treasury operations, liquidity planning, cash flow forecasting and effective utilization of financial resources.
- Oversee financing arrangements, facility utilization, drawdowns, repayments, financing costs and contractual obligations.
- Monitor funding requirements, financial commitments and liquidity exposures, proactively identifying potential issues and recommending appropriate actions.
- Manage banking relationships, fund placements and intercompany financial transactions, including reconciliations and settlements.
- Oversee financial accounting and reporting of lending activities, including disbursements, repayments, interest or profit income and related fees.
- Monitor lending receivables, impairment provisions, portfolio profitability and associated financial exposures.
- Ensure accurate reconciliation and integrity of lending-related financial records in collaboration with relevant departments.
4.Compliance, Audit & Financial Governance
- Ensure compliance with applicable accounting standards, statutory obligations, taxation requirements, regulatory requirements and financial policies.
- Lead and coordinate statutory and internal audits, ensuring timely completion, proper documentation and resolution of audit findings.
- Establish and maintain effective internal financial controls, approval processes and appropriate segregation of duties.
- Liaise with auditors, tax agents, regulators, financial institutions and professional advisers on financial and compliance matters.
5.Departmental Leadership & Operational Excellence
- Provide overall leadership and direction to the Finance & Accounts department, ensuring accountability for departmental performance and deliverables.
- Manage, supervise and develop the finance team, establishing clear priorities, reporting schedules and performance expectations.
- Exercise independent professional judgment in addressing financial and operational matters, anticipating challenges and implementing effective solutions.
- Drive continuous improvement in financial systems, reporting processes, operational efficiency and internal controls.
- Collaborate effectively with management and stakeholders, ensuring timely execution, communication and resolution of financial matters.
QUALIFICATIONS & EXPERIENCE
- Bachelor's Degree in Accounting, Finance or a related discipline, together with a recognized professional accounting qualification such as ICAEW (ACA), ACCA, CPA, CIMA, MICPA or equivalent.
- Minimum twelve (12) years of progressive experience in accounting, finance and financial management.
- At least five (5) years of proven experience as a Finance Manager, Head of Finance or equivalent, with direct accountability for the overall finance and accounting function, including departmental leadership and management.
- Demonstrated track record of independently managing full-spectrum financial operations, treasury, cash flow, statutory reporting, audits and financial controls.
- Prior experience in financial services, lending, financing or other regulated industries is highly preferred.
- Strong technical knowledge of MFRS, taxation, financial reporting, treasury management and corporate financial governance.
- Advanced proficiency in Microsoft Excel, financial analysis, financial modelling and accounting or financial management systems.
CORE COMPETENCIES
- Strong analytical capabilities with the ability to interpret financial information and provide sound commercial recommendations.
- Proven ability to independently lead a finance function, manage team performance and deliver departmental objectives.
- Ability to anticipate financial requirements, assess risks and make informed decisions with minimal supervision.
- Strong accountability, initiative and ability to manage complex priorities while consistently meeting deadlines.
- Solutions-oriented approach, effective communication and confidence in engaging with senior management and external stakeholders.
- High standards of accuracy, financial discipline, confidentiality and ethical conduct.