Finance Manager

MVC Resources; Shah Alam; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading finance management firm in Shah Alam is seeking a Finance Manager to oversee the full finance function, including financial reporting and credit management. The ideal candidate will have over 6 years of experience, strong analytical and interpersonal skills, and proven leadership capabilities. Responsibilities include supervising accounts receivable and payable processes, ensuring compliance with policies, and conducting financial analysis. This position offers comprehensive benefits, including outpatient medical coverage and performance-based bonuses.

Benefits

Outpatient medical coverage

Insurance coverage

Dental and optical benefits

Miscellaneous allowances

Performance-based bonus

Open and collaborative culture

Employee engagement activities

Qualifications

• Over 6 years of finance experience, including team leadership.
• Self-motivated and proactive with the ability to work independently.
• Strong negotiation and communication skills.

Responsibilities

• Lead the Finance function including reporting and credit management.
• Ensure compliance with policies and statutory requirements.
• Supervise accounts receivable and payable transactions.

Skills

Credit management

Analytical skills

Interpersonal skills

Time management

Problem-solving

Job description

This role is responsible for leading and managing the full Finance function covering principal and agency accounts. The Finance Manager will oversee financial reporting, accounts receivable, accounts payable, and credit management, ensuring timely collections, effective credit controls, and compliance with internal policies and statutory requirements.

Key Responsibilities

Credit Management

• Assess customer credit applications and creditworthiness using available information such as credit reports and payment history, and provide recommendations to Management.
• Monitor outstanding balances against approved credit limits and review limits where necessary.
• Ensure credit control and collection policies are adhered to, and develop clear, standardized credit procedures to identify high-risk accounts and minimize bad debts.
• Oversee the timely issuance of statements of accounts, reminders, and warning letters.

Accounts Receivable (AR)

• Prepare weekly AR tracking and performance reports.
• Supervise the monitoring of aging reports and ensure overdue balances are collected promptly.
• Review cases where documents are released without payment and take immediate corrective action.
• Lead and support the AR team in systematic follow-ups on outstanding accounts.
• Ensure daily and timely updates of payment receipts.
• Monitor debtor balances against KPI targets for overdue accounts.
• Analyze AR trends and changes in customer payment behaviour, addressing major collection issues in weekly AR meetings.
• Coordinate closely with customers and internal teams, including Sales and Marketing.

Accounts Payable (AP)

• Review vendor payment requests against purchase orders and verify invoices before approval.
• Ensure all vendor invoices are properly captured and recorded in the system.
• Oversee timely processing of AP transactions and vendor payments in accordance with agreed terms.
• Supervise AP team performance to ensure accuracy and timeliness.
• Reconcile vendor statements and resolve discrepancies directly with vendors.
• Prepare monthly AP aging reports and monitor outstanding payables to ensure timely resolution.
• Coordinate with Operations to ensure unbilled expenses are accrued accurately each month.
• Follow up on vendor rebates and commissions to ensure accurate and timely receipt.
• Support internal audits and respond promptly to audit queries.

Agency Accounting & Financial Reporting

• Ensure accounting records for assets, liabilities, revenue, and expenses comply with MFRS, IFRS, and the Companies Act 2016.
• Review and approve journal entries and general ledger postings, ensuring expenses are captured accurately and on time.
• Ensure timely preparation of monthly management reports in accordance with established guidelines and deadlines.
• Oversee monthly balance sheet reconciliations and resolve discrepancies promptly.
• Analyze financial performance against budgets, explaining variances and profitability trends to Management.
• Support the preparation of budgets and forecasts.
• Coordinate statutory audit documentation and ensure timely responses to auditors.
• Oversee the preparation of company tax returns and ensure compliance with statutory deadlines.
• Advise Management on accounting and taxation matters, including compliance, procedures, and optimization opportunities.
• Ensure intercompany balances are accurately recorded and reconciled.

Requirements

• More than 6 years of working experience within finance functions, with experience leading a team.
• Self‑motivated, proactive, and able to work independently in a fast‑paced environment.
• Strong interpersonal, communication, and negotiation skills.
• Sound business acumen with strong problem‑solving abilities.
• Excellent time management and prioritization skills.
• Proven leadership capability.
• Strong analytical skills with high attention to detail.
• Comfortable working with large data sets and financial analytics.
• Precise, accurate, and detail‑oriented.
• Proficient in written and spoken English.

Benefits

• Outpatient medical coverage
• Insurance coverage
• Dental and optical benefits
• Miscellaneous allowances
• Performance‑based bonus
• Open and collaborative culture
• Employee engagement activities