Finance Assistant Controller

Interplex; Parit Buntar; On-site; MYR 60,000 - 80,000; Full time

Job summary

A leading company in the manufacturing sector is seeking an assistant controller to enhance financial management and reporting accuracy. The ideal candidate will be responsible for overseeing financial processes, ensuring compliance with statutory requirements and maintaining internal controls. This position requires strong leadership abilities, extensive accounting knowledge, and experience in a manufacturing environment.

Qualifications

• Over 5-10 years of experience in similar roles.
• Detailed, hands-on approach while effectively delegating tasks.
• Proficiency in English is essential.

Responsibilities

• Ensure integrity and timeliness of financial reporting.
• Maintain a system of internal controls for financial accuracy.
• Coordinate with Shared Services for monthly accounting close.

Skills

Leadership

Organizational management

Advanced Excel

Interpersonal communication

Education

Bachelor or Master’s Degree in Accounting, Finance or Related Field

Tools

SAP

Job description

About Company

ENNOVI is a world leader in designing and manufacturing customized interconnect and high-precision system solutions. Headquartered in Singapore, ENNOVI has a global presence across North America, Europe, SEA and China, where all its activities are socially responsible, with minimal environmental impact. ENNOVI serves two main divisions: Automotive and Interplex Medical.

The Interplex Medical is an award-winning full-service contract engineering company dedicated to the design, development, and manufacturing of medical devices. At the crossroads of experience and innovation, we create out-of-the-box enabling technologies within the highly regulated medical business sector. We maintain ISO 13485 certification and FDA registration in Design Control and as a contract manufacturer. Interplex Medical partners with our clients at the earliest stages of the product development process–including voice-of-the-customer research in a clinical setting–to develop the product input document for our client’s medical device.

Interplex Medical business has 4 sites globally. Learn more at www.interplexmedical.com.

Ennovi is an equal opportunity employer in conformance with all applicable laws and regulations to individuals who are qualified to perform job requirements. The Company administers its personnel policies, programs, and practices in a non-discriminatory manner in all aspects of the employment relationship, including recruitment, hiring, work assignment, promotion, transfer, termination, wage and salary administration, and selection for training.

Why Join Us

We offer a dynamic, collaborative and inclusive culture that encourages continuous learning, professional growth, and a sense of purpose. As a part of the Ennovi family, employees experience the excitement of being at the forefront of cutting-edge technologies and contributing to a sustainable future.

Our commitment to the transformation is epitomized by our five pillars: Speed, Innovation, Best Talent, Global Reach, and Sustainability. This entails navigating exponential market changes through agile structures, fostering innovation across all aspects of our business, strategically expanding our global footprint, championing sustainability initiatives and nurturing a winning team.

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Job Summary

The assistant controller is an integral member of site management, with the primary objective of sound financial management, integrity of financial reporting and performance enhancement. The candidate will support the Controller to ensure an effective and efficient Finance function. Where necessary, the assistant controller must also act as the voice of reason and prudence, or police the enforcement of relevant Financial Policies and Procedures.

Main Responsibilities

A. Accounting and Financial Reporting

1. Implement and maintain systems, processes and organization to ensure the integrity & timeliness of financial reporting according to statutory requirements, and Interplex financial policies & procedures

2. Coordinate with Shared Services (Accounting) function In India to ensure timely performance of monthly accounting close and management reporting in accordance with Corporate HQ requirements as stipulated in IFM: Period End Reporting.

3. Ensure assets and liabilities are fully recorded in the accounts and stated at fair value, and PNL reflects the sites or business unit’s financial performance. Ensure compliance to KCFRs and IFMs (Interplex Financial Manuals) and applicable Supplementary Financial Procedures (SFPs). Ensure that Balance-sheet Reconciliations are maintained and updated regularly, and any exposures are identified timely and followed up to resolution.

4. Ensure accuracy of Parts costing and GP margins by maintaining and/or monitoring key controls over BOM, Routings, labour and overhead absorption rates.

5. Ensure accuracy of financial outlook/forecast (PNL and Cash Flows) by maintaining close communication and information transfer between line management and relevant functions such as production planning/ operations, sales, supply chain and HR.

6. Ensure timely reporting of results to Corporate per the Corporate timelines.

7. Ensure timely and compliant filing of statutory accounts in accordance with country requirements, including audited financial statements, direct and indirect taxation, and other filing requirements.

B. Transaction Processing & Internal Controls

1. Maintain a system of internal controls that ensures

• All assets are safeguarded and access to assets is only permitted when authorized by management
• Transactions are executed according to management authorization and business requirements
• Retention of financial records in accordance with statutory requirements
• Transactions are recorded accounts and prepare financial statements in accordance with GAAP
• Incompatible duties are adequately segregated

2. Maintain an efficient and effective transaction processing system for goods delivery and customer invoicing, accounts receivables and collection, accounts payables processing and cash disbursements.

3. Work with relevant functions to ensure sound controls over business processes that impacts financial statements, including procurement, goods receipt/deliveries, payroll and petty cash.

C. Parts Standard Costing Maintenance & Financial Reporting

Standard Costing Maintenance in SAP – Monthly Activities Coordinate with Shared Services (Accounting) function In India to ensure timely Standard Costing Maintenance, including Standard Cost run, Production Order settlement, Material Master periodical verification, Parts BOM & Routing updates validation, Material Cost movement validation, etc. (Refer

Work Instructions). Coordinate and review the Monthly Cost Accounting close and review:

1. Inventory accounting for absorption and provisions

• Absorption computation and analysis
• Aged inventory provision computation and analysis

2. Review and analysis of Factory Cost center expenses

3. Prepare COPA Analysis

• Explain variation in COPA margins
• Quantify impact of variation in Selling Price vs Unit Cos

4. Machine and Direct labour- Hourly Rate computations.

5. Activity type creation / activity Price maintains in SAP.

6. Preparation of annual budget for Production cost centers

7. Record stock count adjustments in the system after reconciliation and approvals completed

D. Production Cost & Profitability Analysis

1. Prepare analysis of manufacturing variances including

• Production variances, PPV, Labor usage, Price/rate and Spend variances
• Facilitate management understanding of production variances
• Work with operation department to identify root causes and mitigation

2. New Product Introduction (NPIs): Tracking of cost incurred prior to mass production

3. Prepare financial outlook/forecast for COPA and production related accounts. Work with relevant functions such as production planning/ operations, sales, supply chain and HR for input assumptions for Outlook

E. Governance & Organization Planning

1. Promote good governance and culture of sound financial management at the site. Enforce compliance to internal controls and accurate financial reporting

Qualifications

• Professional integrity, honesty and able to maintain strict confidentiality
• Strong leadership and organizational management skills, ability to lead by example
• Detailed and Hands on, yet delegates effectively.
• Experience in manufacturing environment.
• Exposure to site’s manufacturing processes (e.g. stamping, molding, plating, etc.) will be an advantage.
• Advanced Excel and ERP skills. Preferably SAP.
• Excellent written, oral, and interpersonal communication skills

EDUCATION & EXPERIENCE REQUIREMENTS

• Bachelor or Master’s Degree in Accounting, Finance or Related Field.
• Over 5-10 years of experience in similar roles
• Proficiency in English