Finance Assistant Manager

Porcelain Pte Ltd; Kuala Lumpur; On-site; MYR 55,000 - 85,000; Full time

Job summary

A leading company in the retail and beauty spa industry is looking for a Financial Analyst to drive financial strategies and reporting. The ideal candidate will leverage their expertise in financial analysis, cashflow planning, and work collaboratively across departments to enhance organisational performance. This role requires a Bachelor's degree in Finance or Accounting, alongside significant experience in finance, making it a key position within the company.

Qualifications

• 5+ years of experience in accounting or finance, preferably in retail or beauty spa.
• High proficiency in Microsoft Excel and handling large data sets is critical.
• Strong analytical skills and meticulous nature are essential.

Responsibilities

• Drive financial reporting and analysis, consolidate financial statements.
• Identify trends and opportunities for optimization.
• Develop cashflow planning strategies and monitor expenses.

Skills

Analytical skills

Microsoft Excel

Data analysis

Financial reporting

Education

Bachelor's degree in Accounting, Finance, or related field

CA/CPA preferred

Job description

Role Overview:

The ideal candidate will excel in driving financial reporting, data analysis/optimisation, cashflow planning, and expense monitoring to enhance organisational performance. He/She will collaborate with department heads, establish strong business partnerships, and play a key role in shaping financial strategies.

Responsibilities & Duties:

• Financial Reporting and Analysis
• Drive the consolidation of weekly/monthly/quarterly/bi-annual/annual reporting with comprehensive analysis and comments.
• Review actual reporting and explain gaps in actual vs budget/estimates to stakeholders.
• Data Analysis and Optimisation
• Identify trends, variances, and opportunities for optimisation and improvement.
• Analyse financial and business data for cost optimization and revenue enhancement.
• Leverage insights to establish strong business partnership, driving strategic decision-making and operational improvements.
• Cashflow Planning and Expense Monitoring
• Develop and implement effective cashflow planning strategies.
• Monitor and forecast cashflow to ensure financial stability and liquidity.
• Monitor seasonality of expenses and track YTD/YTG spending and ambitions.
• Financial Risk Management
• Continuously assess financial risks and opportunities through analyses and stakeholder meetings.
• Prepare consolidated monthly risk and opportunities reporting with relevant commentaries.
• Statutory Compliance and Grant Application
• Ensure timely preparation of annual statutory accounts and tax filings (income tax, GST, etc.) in compliance with local regulatory requirements.
• Oversee corporate secretarial deliverables.
• Oversee grant applications, including processing of grants, and preparing necessary documents for audit and claim purposes.
  
  
  

Requirements:

• Bachelor's degree in Accounting, Finance, or related field. CA/CPA preferred.
• 5+ years of experience in accounting or finance, with retail or beauty spa background preferred.
• High proficiency in Microsoft Excel and the ability to handle large data sets are critical.
• Strong analytical skills, meticulous.
• Possesses a sense of inquisitiveness on work matters.
• Able to work independently as well as collaboratively, as part of a team with a strong work ethic.