Finance Manager

ACCA Careers; Selangor; On-site; MYR 60,000 - 90,000; Full time

Job summary

A leading medical diagnostics company seeks a Finance Manager in Malaysia. The role involves administering financial activities, ensuring compliance with policies, and preparing financial reports. Candidates should have over 5 years of experience in accounting, a professional qualification, and reside in Malaysia. The position offers an opportunity to influence financial operations and support business growth.

Qualifications

• Minimum of 5 years experience in accounting and/or financial management.
• Professional Accounting qualification required.
• Fluent in financial and business communications.

Responsibilities

• Administer and supervise financial activities ensuring accuracy and timeliness.
• Prepare financial reports and monitor profitability of contracts.
• Coordinate with auditors on financial matters.
• Maintain internal control systems to ensure financial policy adherence.
• Implement new systems and controls to support business needs.

Skills

Accounting and financial management

Financial planning and reporting

Communication skills

Coordination with auditors

Education

Professional Accounting qualification

Job description

We’re empowering smarter medical and economic decision making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people.

Our diagnostic solutions are used in hospitals, laboratories and clinics around the globe. The crucial information derived from our tests, instruments and informatics systems are often the first step in patient care decision making for hundreds of health conditions from heart attacks to blood disorders to infectious diseases and cancers.

Job Description

To administer, organize and supervise all financial and accounting activities in the Malaysia organization to ensure accuracy and timeliness of transactions and reports, and their conformity with Generally Accepted Accounting Principles and financial policies and procedures.

Key Areas Of Accountability

• Prepare and submit a detailed Financial Plan/Update package, LBE and other financial reports required by the Region/Area HQ.
• Ensure that business and financial risks were considered during the planning and update.
• Ensure profitability of contracts and maintain close coordination with Country Manager and Sales Executive Manager and provide suggestions on how to improve profitability of the business.
• Monitor & control capital expenditures and SSG&A ensuring expenses will be incurred within the approved Plan/Update/LBE level.
• Act as a direct contact with the company’s external and internal auditors on all financial matters including policies and procedures and coordinate all matters with the host division.
• Maintain internal control systems to ensure that financial policies/procedures (both local and international) are adhered to.
• Maintain close coordination with CFS (Corporate Finance Services) to ensure timely collection and achievement of DSO.
• Also handles review of expenses posted by CFS, conducts monthly/quarterly review of balance sheet accounts, and ensures reasonableness of all accruals.
• Prepares incentive program and calculates quarterly/annual pay out for sales, TSS and TAS team with reference to Global Incentive Program of Diagnostics Division.
• Prioritize compliance to the QSR through ongoing support and communication of the Quality Policy.
• This will be accomplished through leading by example on a daily basis, establishing clear measurable goals for subordinates, and ensuring prompt corrective action for any noncompliance issues raised by subordinates.
• Review financial policies and procedures and identify needs for improvement.
• Implement new systems and controls to support the growing needs of the business and ensure that any changes are communicated for effective implementation.
• Ensure compliance with the guidelines set by the OEC. Manage timely importation of goods, storage and distribution to ensure quality and customer satisfaction, while conscious of ROI and DOH objectives. Ensure compliance with FCPA and conflict of interest policies.

Knowledge & Experience

• Minimum of 5 years experience in accounting and/or financial management, planning, reporting and control
• Professional Accounting qualification.
• Fluent in financial and business communications and can effectively express self and ideas.

For further information, and to apply, please visit our website via the “Apply” button below.

Candidates must be resident in Malaysia, or have the right to work in Malaysia.