Finance Manager

Randstad Malaysia; Pasir Gudang; On-site; MYR 80,000 - 140,000; Full time

Job summary

Randstad Malaysia seeks a Finance leader to oversee Plant Costing, FP&A, and Tax Compliance for its local manufacturing operations in Pasir Gudang, Johor. The role focuses on cost control, budgeting, and regulatory adherence within a dynamic manufacturing setting.

The ideal candidate holds a Bachelor’s degree in Finance or Accounting, with 4–5 years of manufacturing finance experience; ACCA/CIMA/CPA/MIA qualifications are advantageous.

Qualifications

• Bachelor's degree in Finance, Accounting, or equivalent.
• Professional qualification (ACCA, CIMA, CPA, MIA) advantageous.
• Minimum 4–5 years of finance experience in manufacturing.

Responsibilities

• Plant Costing & Manufacturing Control: maintain BOM standard costs, labor rates, and overhead absorption.
• COGS & Variance Analysis: perform month-end costing and variance analysis for DM, DL, scrap, and overheads.
• FP&A: lead annual budget, quarterly/monthly forecasts, and CapEx/capacity expansion analyses.
• Tax Management & Local Compliance: oversee CIT estimates, SST, duties, import exemptions, and TP documentation.

Job description

Key Responsibilities

1. Plant Costing & Manufacturing Control

• Standard Cost Maintenance: Establish, review, and maintain Bill of Materials (BOM) standard costs, direct labor rates, and machine/overhead absorption rates for local manufacturing lines.
• Cost of Goods Sold (COGS) & Variance Analysis: Drive month-end plant costing activities. Perform granular variance analysis on Direct Material (DM), Direct Labor (DL), scrap, scrap recovery, yield losses, and manufacturing overheads.
• Raw Material Costing: Monitor, evaluate, and track raw material cost fluctuations (including plating metals like silver/gold, copper, and alloys) to safeguard plant operating margins.

2. Financial Planning, Budgeting & Forecasting (FP&A)

• Plant Operational Budgeting: Lead annual operating budget (AOP) and periodic forecasting cycles (quarterly/monthly) for the Malaysian operating entity.
• CapEx & Capacity Expansion FP&A: Build business cases, ROI models, and Payback/NPV analyses for capital expenditure projects, equipment additions, and facility expansions.

3. Tax Management & Local Compliance

• Direct & Indirect Tax Oversight: Oversee Corporate Income Tax (CIT) calculations, monthly/quarterly tax estimates (Form CP204), and indirect tax (SST, Customs duties, and import exemptions) for the Malaysian entity.
• Transfer Pricing (TP): Coordinate intercompany transfer pricing documentation, ensuring plant mark-up models align with OECD and inland revenue (LHDN) guidelines.

Job Requirements

• Education: Bachelor's Degree in Finance, Accounting, or equivalent. Professional qualification (ACCA, CIMA, CPA, MIA member) is advantageous.
• Experience: Minimum 4-5 years of finance experience in a manufacturing environment (semiconductor, electronics, heavy assembly, or EMS industry background highly advantageous).

skills

no additional skills required

qualifications

no additional qualifications required

education

Bachelor Degree