Finance Manager

Bayu Somerset; Selangor; On-site; MYR 60,000 - 90,000; Full time

Job summary

Bayu Somerset is seeking a Finance Manager to oversee various critical tasks including invoice processing, payroll management, and financial reporting. The ideal candidate will have a Bachelor's degree in Accounting or Finance, along with a minimum of three years' managerial experience in finance. Strong knowledge of Malaysian regulations and proficiency in accounting software is essential for this role. Join us to contribute to our financial operations and compliance efforts.

Qualifications

• Minimum 3 years of experience in a finance or accounting managerial role, preferably in retail.
• Strong knowledge of Malaysian financial regulations, tax laws, and compliance.

Responsibilities

• Manage day-to-day finance operations and process payroll.
• Perform accounting tasks in Xero and maintain accurate financial records.
• Prepare monthly financial reports and assist in audits.

Skills

Analytical skills

Problem-solving

Leadership

Attention to detail

Education

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

Tools

Xero

SQL

Microsoft Excel

Job description

This role offers the opportunity to manage critical tasks such as processing invoices, ensuring payroll accuracy, and maintaining compliance with regulatory contributions.

You'll engage in meaningful work, including reconciling accounts, preparing financial reports, supporting audits, and enhancing financial processes.

1. Day-to-day Operations

Manage and respond to finance@bayu emails, make calls to inquire about emails if needed.

Prepare invoices received on Hubdoc portal, ensuring key details are accurate. Submit printed invoices to HOF for approval to create payments.

Monitor and process transactions for non-regulatory monthly expenses such as rent and utilities.

Handle sensitive transactions and conduct bank branch visits if required.

2. Accounting Treatment, Classification, and Reconciliation

Perform data entry, amend records, and manage ledger in Xero, ensuring expenses are correctly classified.

Conduct reconciliations; investigate and resolve mismatches.

Upload bank statements and credit card statements onto Xero, matching against journal entries and receipts.

Organize and file invoices and financial documents in both hard and soft copies.

3. Payroll Management

Verify data and process payments for full-time, part-time, and overtime payrolls.

Manage monthly contributions like EPF, SOCSO, EIS, and loan repayments.

4. Financial Reporting and General Ledger Management

Maintain accurate general ledger accounts, monitor reconciliations, and prepare monthly financial reports including P&L and sales decks for presentation.

Assist in preparing annual financial statements and coordinate with auditors.

5. E-Invoicing

Prepare E-Invoice statements for customers upon request.

6. Ad-hoc Tasks

Compile and submit information to external parties, maintain relationships with banks, and handle e-invoicing forms from suppliers.

Requirements

Bachelor’s degree in Accounting, Finance, or related field.

Minimum 3 years of experience in a finance or accounting managerial role, preferably in retail.

Strong knowledge of Malaysian financial regulations, tax laws, and compliance.

Proficiency in accounting software (SQL) and Microsoft Excel.

Excellent analytical, problem-solving, and leadership skills.

Strong attention to detail and ability to work under tight deadlines.