Finance Manager (Pengurus Kewangan)

Hire Seniors Malaysia - Mature & Experienced Professionals, Seniors & Retirees; George Town; On-site; MYR 100,000 - 130,000; Full time

Job summary

A prominent private education firm in George Town is looking for a Finance Manager. The successful candidate will manage all finance functions, ensure compliance with statutory requirements, and oversee budgeting processes. Ideal applicants should possess excellent financial analysis and reporting skills. This is a critical role within the organization.

Qualifications

• Mature professional with experience in finance management.
• Strong analytical skills for financial reporting and analysis.
• Familiarity with MFRS/IFRS standards.

Responsibilities

• Oversee day-to-day finance functions and reporting.
• Coordinate annual statutory audits and tax submissions.
• Collaborate in developing budgets aligned with business plans.

Skills

Financial Reporting

Financial Analysis

Budgeting

Tax Compliance

Cash Flow Management

Job description

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Our Client is a major player in the private education industry. They are seeking to hire a mature/ senior professional as Finance Manager.

This is a critical role and the successful candidate will be responsible for the full spectrum of accounting and financial reporting, and delivering high‑quality financial analysis and commentary for monthly performance reviews, rolling forecasts and budgeting including monitoring and controlling capital expenditures to align with approved spending plans.

Responsibilities include:

Financial Reporting and Analysis:

• Responsible for the day-to-day activities of the finance functions (record-to-report, accounts payables, accounts receivables, cash-flow, tax compliance and finance business partnering functions)
• Timely and accurate financial and management reporting, in compliance with the applicable governing standards & group reporting requirements.
• Preparation and analysis of the Profit & Loss and Balance Sheet, including but not limited to deferred income account, accruals, provisions, reconciliations, revenue recognition, discretionary spending and capital expenditure.
• Review all journal entry postings and ensure accuracy and completeness of the General Ledger and Sub-Ledger accounts.
• Perform month‑end review analysis with the Management, highlighting variances and facilitating action plans to mitigate gaps to target.
• Presentation of financial reports to the Management and other stakeholders.

Statutory Audit and Tax Compliance

• Coordinate and liaise with the external auditors on the annual statutory audit.
• Ensure adherence to Group policies and MFRS/IFRS requirements.
• Attend to all statutory audit queries in a timely manner and review proposed Adjusting Journal Entries and Reclassifying Journal Entries.
• Ensure compliance to and timely submission for yearly statutory audit and tax.

Financial Planning and Budgeting

• Collaborate with the Team to develop annual budgets aligned with educational goals and strategic business plans.
• Provide financial forecasts, projections, and analysis to support the Management in budgetary control for OPEX and CAPEX.
• Ensure strict adherence and control on all CAPEX spends and policies to approved budget, including facilitating in the preparation of investment paper where applicable.
• Ensure timely and accurate reporting in line with established protocols.

Treasury & Insurance

• Ensure target cash collection is achieved, and monitor collection progress versus target.
• Report daily cash collection and monthly cash flow projections.
• Ensure the availability of sufficient funds to meet financial obligations.
• Ensure payments to suppliers are properly reviewed by the finance team prior to payment, and exercise clear segregation of duties.
• Ensure adequate and valid insurance cover in place for all properties, employees, students and visitors (e.g. parents).
• Ensure conformance to the Group authorization all times.
• Act as a strategic partner to the Management and Functional Heads by providing financial insights and recommendations.
• Identify opportunities for process improvement in financial management and reporting.
• Participate in the automation of reporting/forecasting process, enhancement of business processes/ workflows.
• Performs other duties as assigned.

Stakeholders

• Internal: The internal Team within the Group
• External: Statutory Auditors, Tax Consultants, Bankers, Company Secretary and Local Regulators (MOE, CCM etc)

Line Management

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