Finance Manager

EMCO on behalf of EMCO; Shah Alam; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading company is seeking a Finance Manager to oversee financial reporting, compliance, and account management in Setia Alam, Malaysia. The ideal candidate will have a degree in Accounting or Finance, more than 4 years of relevant experience, and proficiency in Mandarin. This role involves preparing financial statements, managing budgets, and liaising with auditors while ensuring adherence to financial regulations.

Qualifications

• At least 5 years of relevant finance and accounting experience in manufacturing industry.
• Detail-oriented and focused on delivering high-quality financial reports.
• Ability to collaborate effectively with cross-functional teams.

Responsibilities

• Prepare and present financial statements ensuring compliance with standards.
• Manage a full set of accounts and reconcile bank statements.
• Monitor budgets and conduct variance analysis to provide insights.

Skills

Proficient in Chinese/Mandarin

Strong understanding of financial reporting standards

Excellent knowledge of complex group structures

Proficiency in accounting systems

Strong analytical skills

Organizational skills

Communication skills

Education

Degree in Accounting, Finance, or related field

Tools

Autocount

Job description

EMCO on behalf of EMCO is hiring a Full time Finance Manager role in Setia Alam, Selangor. Apply now to be part of our team.

Job summary:

• Looking for candidates available to work:
  • Monday: Morning, Afternoon
  • Tuesday: Morning, Afternoon
  • Wednesday: Morning, Afternoon
  • Thursday: Morning, Afternoon
  • Friday: Morning, Afternoon
• More than 4 years of relevant work experience required for this role
• Expected salary: RM8,000 - RM10,000 per month

Key Responsibilities:

1. Financial Reporting and Coordination:

   • Prepare and present accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.

   • Ensure compliance with Malaysian Financial Reporting Standards (MFRS) and Singapore Financial Reporting Standards (SFRS).

   • Liaise with external auditors for the annual financial report and ensure timely statutory filings.

2. Account Management:

   • Prepare and maintain a full set of accounts, including the general ledger, accounts payable, accounts receivable, and fixed assets (including Construction in Progress).

   • Reconcile bank statements and maintain accurate financial records.

   • Generate payment runs for accounts payable and arrange necessary payments.

   • Collaborate with Sales & Operations to generate customer invoices, including Monthly Recurring Charges, Electricity Charges (Meter Reading), and One-Time Charges.

   • Monitor compliance with loan covenants and promptly report potential breaches to management for action.

3. Budgeting and Forecasting:

   • Monitor and update annual budgets and financial forecasts for the Group entities.

   • Collaborate with HQ on consolidation and align local budgets with overall corporate goals.

   • Conduct variance analysis and provide insights on financial performance to local management and HQ.

4. Group Consolidation:

   • Prepare consolidated financial statements for the group, including balance sheets, income statements, and cash flow statements.

   • Ensure consolidated statements accurately reflect the financial position and performance of the group.

5. Compliance and Risk Management:

   • Ensure adherence to local tax regulations and corporate governance.

   • Liaise with tax agents for the preparation of tax returns, including Sales and Services Tax (SST) and Corporate Income Tax.

   • Liaise with external auditors, regulatory authorities, and HQ to ensure compliance with all relevant standards.

   • Collaborate with the Corporate Secretary on board matters.

6. Process Improvement and Integration:

   • Assist with the system implementation of Yardi accounting software.

   • Continuously evaluate and enhance financial processes and systems for efficiency and accuracy.

7. Support for Business Operations:

   • Build and maintain cross-functional relationships to collaboratively resolve month-end issues and improve process efficiencies.

   • Provide support to business operations when necessary.

8. Ad-hoc Duties:

   • Undertake additional responsibilities as assigned by management.

Qualifications and Requirements:

• Education: Degree in Accounting, Finance, or related field.

• Experience: At least 5 years of relevant finance and accounting experience in manufacturing industry.

• Skills:

  • Proficient in Chinese/Mandarin for effective communication with China Supplier.

  • Strong understanding of financial reporting standards (MFRS, SFRS).

  • Excellent knowledge of handling complex group structures, non-controlling interests, and foreign currency translation reserves.

  • Proficiency in accounting systems (Autocount).

  • Strong analytical, organizational, and communication skills.

Other Requirements:

• Ability to work independently and collaborate effectively with cross-functional teams.

• Detail-oriented with a focus on delivering high-quality financial reports.

• Adaptable to a dynamic working environment and committed to continuous improvement.