Finance Manager – Group Operations & Consolidation

WEO OPTRONICS SDN.BHD.; Malacca City; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading precision optics manufacturing firm based in Malacca, Malaysia is seeking a Finance Manager to oversee financial operations, ensure accurate reporting, and support group-level consolidation. The ideal candidate will possess a Bachelor’s degree in Finance or Accounting, a relevant professional qualification, and at least 8 years of experience, including a strong background in manufacturing finance. This role offers the opportunity to enhance operational efficiency and drive financial integrity within the organization.

Benefits

Opportunity for career growth

Dynamic work environment

Qualifications

• Minimum 8 years of relevant experience.
• 3+ years in a manufacturing or group finance environment.
• Solid knowledge of IFRS, MPERS, and local tax regulations.

Responsibilities

• Oversee group consolidation and reporting.
• Lead finance operations for Malaysia entities.
• Manage cash flow forecasting and liquidity planning.
• Ensure compliance with Malaysian statutory requirements.

Skills

Financial reporting

Group consolidation

Product costing

Tax compliance

ERP systems

Analytical skills

Education

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

Professional qualification (ACCA, CPA, CA)

Tools

SAP

Oracle

Microsoft Excel

Job description

Finance Manager – Group Operations & Consolidation

The Finance Manager – Group Operations & Consolidation plays a dual role overseeing the full spectrum of finance operations for the Malaysia manufacturing entities while supporting the Regional Finance Manager (APAC) in group-level consolidation, reporting, and financial planning.

This position acts as a key finance partner to both the Malaysia operations leadership and the regional finance team, ensuring accurate reporting, robust internal controls, and effective communication between manufacturing finance and group headquarters in Singapore.

The role is central to driving financial integrity, operational efficiency, and alignment of reporting standards across the Group.

Key Responsibilities

1. Group Consolidation & Reporting

Support the Regional Finance Manager in preparing and reviewing monthly and year-end group consolidated financial statements in accordance with IFRS and local reporting standards.

Oversee intercompany reconciliations, eliminations, and foreign currency translations.

Coordinate with Malaysia, Singapore, and China teams to ensure timely and accurate group submissions.

Prepare management reports and variance analyses for regional and group review.

2. Finance Operations (Malaysia Manufacturing Entities)

Lead the full spectrum of finance and accounting for Malaysia entities, including AP, AR, GL, and payroll.

Ensure timely and accurate monthly closing and reporting in accordance with MPERS and group accounting policies.

Implement consistent accounting standards and ensure compliance with internal and external reporting requirements.

3. Product Costing & Inventory Accounting

Oversee standard costing, variance analysis, and BOM accuracy for manufacturing operations.

Analyze and explain material usage, labour, and overhead variances.

Partner with production and supply chain teams to identify cost‑saving opportunities and improve operational margins.

4. Financial Planning & Analysis (FP&A)

Support group budgeting and forecasting processes by consolidating Malaysia data and providing variance explanations.

Partner with the Regional FM in analyzing business performance, margins, and KPIs across entities.

Provide insights and recommendations to management for decision‑making and performance improvement.

5. Cash Flow & Treasury

Manage cash flow forecasting and liquidity planning for Malaysia entities.

Work with the regional team on intercompany funding, loan arrangements, and foreign exchange management.

Monitor working capital metrics and propose improvement measures.

6. Taxation, Audit & Compliance

Ensure compliance with Malaysian statutory requirements (SST, MPERS, income tax, customs).

Liaise with auditors, tax agents, and regulatory bodies to ensure accurate and timely submissions.

Support regional tax and audit processes through documentation and reporting consistency.

7. Internal Controls & Process Improvement

Strengthen internal control frameworks across finance operations and manufacturing processes.

Identify and implement process improvements, automation, and system enhancements (e.g., ERP optimization).

Promote financial discipline and governance culture across the team.

Lead and mentor the Malaysia finance team to achieve accuracy, accountability, and efficiency.

Work closely with the Regional FM as a “team buddy” — ensuring mutual support in consolidation, analysis, and regional coordination.

Foster collaboration between country finance teams and Singapore HQ to ensure seamless group reporting.

9. Ad-Hoc Projects

Participate in group-level initiatives such as ERP implementation, automation, business integration, and due diligence activities.

Support the Regional FM and Head of Group Finance in strategic projects that enhance profitability and operational performance.

Qualifications & Experience

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

Professional qualification such as ACCA, CPA, or CA is required.

Minimum 8 years of relevant experience, including 3+ years in a manufacturing or group finance environment.

Hands‑on experience in group consolidation, product costing, and management reporting.

Solid knowledge of IFRS, MPERS, and local tax regulations.

Proficient in ERP systems (SAP, Oracle, or Business Central) and Microsoft Excel (pivot tables, macros, advanced formulas).

Unlock job insights

Salary match Number of applicants Skills match

Your application will include the following questions:

• Which of the following statements best describes your right to work in Malaysia?
• What's your expected monthly basic salary?
• Which of the following types of qualifications do you have?
• How many years' experience do you have as a finance manager?
• How many years of taxation experience do you have?
• How many years' experience do you have with forecasting for businesses?
• Do you have reconciliations experience?
• Which of the following Relational Database Management Systems (RDBMS) are you experienced with?

Manufacturing, Transport & Logistics 51-100 employees

Headquartered in Singapore, we are a fast-growing Opto-Mechanical & Manufacturing Factory based in Ayer Keroh Melaka. We are looking for driven, dynamic individuals who are up for the challenge to join us as part of our core team to build WEO Optronics into Malaysia's Best Precision Optics Manufacturing Plant.

In line with our Mission, we promise opportunities for the career growth and the development of our people. We welcome talents who are ambitious, desires growth and who are able to work well in a fast evolving environment. Working towards our goal of becoming Melaka's Best Employer, we are committed to reward our employees for their contribution as we grow our business.

We are only looking for individuals who are driven, desire personal development, and are willing to take up the challenge and grow with our Company. Apply only if you are aligned with us on this!

WEO Optronics is a newly set up manufacturing plant for High Precision Optical components and Opto-Mechanical assemblies. Our products can be seen in various market sectors not limited to scientific & medical instrumentation, surveying and projection tools, as well as a wide range of optical imaging products.

Working closely together with our Singapore HQ, Taiwan R&D Office, and as an extension to our sister factory in China, our Melaka plant supports in the production to meet the Company's growing sales demands. We also perform New Product Development, research on new technologies and methodologies, and invest heavily to constantly improve our manufacturing capabilities.

Our management team consists of highly experienced individuals well-known in the Optics industry, equipped with deep knowledge in the field. We are now looking to build our core team to support us in our endeavors to bring the company to greater heights.

Headquartered in Singapore, we are a fast-growing Opto-Mechanical & Manufacturing Factory based in Ayer Keroh Melaka. We are looking for driven, dynamic individuals who are up for the challenge to join us as part of our core team to build WEO Optronics into Malaysia's Best Precision Optics Manufacturing Plant.

In line with our Mission, we promise opportunities for the career growth and the development of our people. We welcome talents who are ambitious, desires growth and who are able to work well in a fast evolving environment. Working towards our goal of becoming Melaka's Best Employer, we are committed to reward our employees for their contribution as we grow our business.

We are only looking for individuals who are driven, desire personal development, and are willing to take up the challenge and grow with our Company. Apply only if you are aligned with us on this!

WEO Optronics is a newly set up manufacturing plant for High Precision Optical components and Opto-Mechanical assemblies. Our products can be seen in various market sectors not limited to scientific & medical instrumentation, surveying and projection tools, as well as a wide range of optical imaging products.

Working closely together with our Singapore HQ, Taiwan R&D Office, and as an extension to our sister factory in China, our Melaka plant supports in the production to meet the Company's growing sales demands. We also perform New Product Development, research on new technologies and methodologies, and invest heavily to constantly improve our manufacturing capabilities.

Our management team consists of highly experienced individuals well-known in the Optics industry, equipped with deep knowledge in the field. We are now looking to build our core team to support us in our endeavors to bring the company to greater heights.

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