Finance Manager

Power Steel & Electro-Plating Works Sdn Bhd; Selangor; On-site; MYR 180,000 - 300,000; Full time

Job summary

Power Steel & Electro-Plating Works Sdn Bhd in Selangor, Malaysia, seeks a Finance Manager to lead financial integrity, cost visibility, and strategic support for decision-making. You will oversee forecasting, budgeting, cashflow, and reporting, with a frontline focus on cost control and ERP transition (D365) and margin analytics.

You will drive monthly forecasts, variance analysis, and management reporting while coordinating with the GM and Group Finance.

Qualifications

• Degree in Accounting, Finance, or equivalent (ACCA/CIMA/CPA preferred).
• 8–10 years of relevant experience in manufacturing finance roles.
• Experience with forecasting, margin analysis, product costing, and ERP systems.
• Experience with plant operations, audit, and capex control is advantageous.

Responsibilities

• Lead monthly forecasting of sales, COGS, and overheads with department heads.
• Monitor variances and support budgeting, scenario analysis, and board-level reviews.
• Ensure timely month-end closing and audit-ready records.
• Provide management reports: P&L, balance sheet, working capital, and variance summaries.
• Oversee working capital management and intercompany transactions.
• Lead D365 Finance module implementation and testing.
• Maintain internal controls and compliance across TRIFAST Group policies.

Skills

Forecasting

Margin analysis

ERP systems

Costing

Team leadership

Education

Bachelor in Accounting/Finance

ACCA/CIMA/CPA preferred

Tools

Microsoft Dynamics 365 Finance

Job description

The Finance Manager is a key member of the leadership team, responsible for ensuring financial integrity, operational cost visibility, and strategic support to decision-making. This role oversees the full spectrum of accounting, forecasting, budgeting, cashflow, and reporting — while playing a frontline role in cost control, ERP transition (D365), and margin analytics.

Key Responsibilities

Lead monthly forecasting of sales, COGS, and overheads in coordination with department heads.

Track and explain variances between forecast and actual, keeping to ≤3% accuracy.

Support General Manager and Group Finance in budgeting, scenario analysis, and board-level presentations.

Ensure timely and accurate month-end closing by Day 7 of the following month.

Maintain complete and audit-ready records for journal entries, reconciliations, and intercompany transactions.

Provide timely management reports, including P&L, balance sheet, working capital, and variance summaries.

3. Budget Governance

Work with each function head to maintain spending discipline and track capital expenditure.

Raise early alerts for over-budget or non-approved spending.

4. Working in Capital Management

Analyze and monitor receivables, inventory levels, and payables to improve cash cycle.

Collaborate with SCM, Sales, and Production to reduce aging stock, overdue AR, and long-credit payables.

Present monthly working capital trends and improvement actions to GM.

5. ERP Readiness – Finance Module

Play a lead role in Microsoft Dynamics 365 Finance module implementation.

Validate master data, chart of accounts, and reporting structure.

Lead user testing, scenario validation, and system go-live preparation for the Finance module.

Ensure all critical functions (invoicing, costing, accruals, asset management) are mapped and functioning.

6. Margin Management & Product Costing

Provide monthly gross margin analysis by customer and product group.

Highlight low-margin deals and coordinate with Sales and Ops to address cost drivers.

Support quotation reviews and commercial pricing discussions with accurate cost inputs.

7. Internal Controls & Compliance

Ensure compliance with TRIFAST Group’s financial policies, audit standards, and statutory regulations.

Maintain effective internal control systems, asset registers, and risk mitigation practices.

Lead a small finance and accounts team with clarity, structure, and discipline.

Define clear task ownership (GL, AR, AP, costing), SOPs, and review cadence.

Coach and upskill team in line with future system and reporting expectations.

Qualifications & Experience

Degree in Accounting, Finance, or equivalent (ACCA/CIMA/CPA preferred).

Minimum 8–10 years of relevant experience in manufacturing finance roles.

Strong hands‑on knowledge in forecasting, margin analysis, product costing, and ERP systems.

Proven track record in supporting plant operations, audit, and capex control.

Experience with Microsoft Dynamics 365 Finance module is an advantage.

Skills & Attributes

Commercially Attuned – Understands how financials drive business decisions

Disciplined & Structured – Sets high standards and drives closing rigor

Analytical & Insightful – Can explain the “why” behind variances and trends

Collaborative Leader – Engages cross‑functionally with maturity and impact

ERP Mindset – Future‑ready, system‑driven approach to finance processes

Power Steel is owned by Trifast Plc Group of Company, a listed company in London Exchange, United Kingdom. We are a manufacturer of customized precision bolts and screws located in Section 15, Shah Alam, Selangor for automotive and compressor sector for local and export markets. In meeting with our planned business expansion, we invite enthusiasm and dynamics Malaysians to apply the vacancies currently available at our company. We provide ample of career opportunities and enhancement as well as offer competitive fringe benefits to the successful candidate for a rewarding career at Power Steel.