Finance Manager

TT Freight Group Sdn Bhd; Subang Jaya; On-site; MYR 80,000 - 120,000; Full time

Job summary

A logistics company in Subang Jaya is seeking a Finance Manager to oversee financial reporting and manage cash flow for logistics operations. The ideal candidate should have a Bachelor's Degree in Accounting or Finance along with 5–8 years of experience, preferably in logistics or warehousing. Responsibilities include managing inter-company transactions, budgeting, and leading finance teams. A professional qualification such as ACCA or CPA is preferred. Attractive benefits and negotiable salary based on experience are offered.

Benefits

Internal and external training opportunities

Professional development programs

Career advancement opportunities

Negotiable salary based on experience

Qualifications

• Minimum 5–8 years relevant experience in finance.
• Prior experience in freight forwarding, logistics, or warehousing.
• Experience managing multi-entity or group accounts.

Responsibilities

• Prepare and consolidate monthly, quarterly, and annual financial reports.
• Manage cash flow for high-volume, low-margin logistics operations.
• Lead and supervise finance teams across multiple locations.

Skills

Leadership

Analytical skills

Problem-solving

Integrity

Attention to detail

Education

Bachelor’s Degree in Accounting, Finance, or related discipline

Professional qualification (ACCA / CPA / CIMA / MIA)

Tools

Auto-Count software

Job description

✅ Internal and External Training Opportunities

✅ Professional Development Programs

✅ Career Advancement Opportunities

✅ Negotiable Salary Based on Experience

Key Responsibilities

Prepare and consolidate monthly, quarterly, and annual financial reports for group companies.

Ensure timely month-end and year-end closing for all entities.

Analyse profitability by business segment (freight forwarding, warehousing, transportation, bonded services).

Monitor inter-company transactions, recharges, and eliminations.

2. Revenue, Costing & Margin Control (Logistics-Focused)

Monitor revenue recognition for:

Break-bulk & consolidation

Warehousing & bonded storage

Control direct operating costs including fuel, tolls, port charges, customs fees, handling charges, and subcontractor costs.

Track job costing, shipment-level profitability, and customer margin analysis.

3. Cash Flow, Credit & Treasury Management

Manage cash flow for high-volume, low-margin logistics operations.

Oversee Accounts Receivable, including:

Credit limits

Customer aging

Dispute resolution with Operations & Sales

Ensure timely settlement of freight charges, shipping lines, hauliers, and agents.

Manage banking facilities, guarantees, and trade-related instruments.

Ensure compliance with Malaysian statutory requirements:

Income Tax

SST (Logistics / warehousing where applicable)

EPF, SOCSO, EIS

Oversee financial compliance relating to:

Bonded warehouses

Customs audits and reconciliations

Liaise with Customs, auditors, tax agents, bankers, and government authorities.

Subcontractor payments

Bonded cargo financial tracking

Ensure segregation of duties between Operations, Billing, and Finance.

Monitor risks related to customs penalties, underbilling, overpayment, and compliance breaches.

6. Budgeting, Forecasting & Business Support

Prepare annual budgets and rolling forecasts for group companies.

Support management in pricing strategy, contract evaluation, and tender costing.

Provide financial input for new routes, customers, warehouses, or fleet expansion.

7. Audit, SOP & System Management

Coordinate external and internal audits, including customs-related audits.

Develop and maintain Finance SOPs aligned with logistics operations.

Support implementation and enhancement of systems such as:

Accounting systems

Warehouse Management Systems (WMS)

Transport Management Systems (TMS)

8. Team Leadership & Stakeholder Coordination

Lead and supervise finance teams across multiple locations or warehouses.

Train staff on logistics-related financial controls and procedures.

Work closely with Operations, Sales, Customs Compliance, and Management.

Authority & Decision-Making

Approve operational payments within approved limits.

Recommend credit terms, pricing structures, and cost controls.

Escalate financial and compliance risks to Management promptly.

Key Performance Indicators (KPIs)

Timely and accurate group financial reporting.

Healthy cash flow and reduced receivable aging.

Margin control by customer, route, and service.

Audit outcomes and compliance status.

Effectiveness of internal controls.

Job Requirements

Education & Professional Qualifications

Bachelor’s Degree in Accounting, Finance, or related discipline.

Professional qualification (ACCA / CPA / CIMA / MIA) is highly preferred.

Experience

Minimum 5–8 years relevant experience in finance.

Prior experience in freight forwarding, logistics, or warehousing using Auto-Count software is a strong advantage.

Experience managing multi-entity or group accounts.

Strong understanding of logistics costing, revenue recognition, and customs-related finance.

Familiar with SST implications in logistics and warehousing.

Strong leadership, analytical, and problem-solving skills.

High integrity, accuracy, and confidentiality.