Finance Assistant Manager

OCIKumho Sdn. Bhd.; Bintulu; On-site; MYR 150,000 - 230,000; Full time

Job summary

OCIKumho Sdn. Bhd. is seeking a qualified finance leader to manage the Finance Department’s daily operations, including month-end and year-end closings, budgeting, and reports for top management.

The role ensures timely statutory and group reporting, manages banking facilities and cash flows, and provides actionable financial analysis to guide business decisions. The incumbent will oversee manufacturing cost processes, monitor COGS and BOM accuracy, ensure compliance with MFRS/IFRS, and

Responsibilities

• Prepare monthly financial reports for management review.
• Manage month-end, quarter, and year-end closings, inventory control, AP/AR and general ledger.
• Ensure timely submission of group reporting and statutory reporting requirements.
• Oversee company banking facilities and operational transactions.
• Present detailed financial analysis, variance explanations, and recommendations to top management.
• Oversee product costing processes including standard costing updates and margin monitoring.
• Monitor production costs, inventory valuation, WIP, BOM accuracy, and COGS.
• Ensure compliance with local tax regulations and accounting standards (MFRS/IFRS).
• Develop financial performance measures to support department goals.
• Liaise with auditors on interim and year-end audits and other exercises.
• Engage with bankers, external consultants and government authorities as needed.
• Participate in ad-hoc functions and related tasks when required.

Job description

Prepare financial reports for management’s review of monthly financial results, annual budget and other financial analyses as required by top management.

Manage and oversee daily operations of the Finance Department, including month-end, quarter period closing and year-end period closing, inventories control, account payables and receivables and general ledger.

Ensure timely submission of group reporting as well as statutory reporting requirements by maintaining up-to-date records and adhering to deadlines.

Oversee and manage company banking facilities and operational transactions.

Present detailed financial analysis, variance explanations, and actionable recommendations to top management to inform key business decisions.

Oversee product costing processes including standard costing updates, variance analysis, margin monitoring, and cost optimisation initiatives within manufacturing operations.

Monitor production costs, inventory valuation, work-in-progress (WIP), bill of materials (BOM) accuracy, and cost of goods sold (COGS)

Ensure compliance with local tax regulations, accounting standards (MFRS/IFRS), and company policies.

Developing financial performance measures that support organizational structure adequate for achieving the department’s goal and objective.

Liaison with auditors on interim and year-end statutory audits and other ad-hoc exercises.

Performance tax plan, computation, and deal with tax agents for all tax matters.

Liaise with bankers, other external consultants and government authorities as and when necessary.

Participate and support any ad-hoc functions and related tasks when required.