Finance Manager (Retail Industry)

Talent Recruit; Shah Alam; On-site; MYR 80,000 - 120,000; Full time

Job summary

A major retail company in Malaysia is seeking an experienced Finance Manager to oversee their financial operations. This role involves maintaining financial records, ensuring compliance, and leading a team in a dynamic retail environment. Ideal candidates should possess a Bachelor's degree in Accounting and have prior managerial experience in the retail sector.

Qualifications

• Minimum Bachelor's Degree in related field required.
• Proven experience as Finance/Accounting Manager in retail industry.
• Ability to communicate financial information to non-financial stakeholders.

Responsibilities

• Maintain accurate financial records, prepare reports, and ensure compliance.
• Manage accounts payable and receivable processes.
• Supervise and mentor accounting staff.

Skills

Analytical skills

Attention to detail

Communication

Education

Bachelor's Degree in Accounting, Finance, Commerce or related field

Professional certification (ACCA/CPA/MIA)

Job description

About the job Finance Manager (Retail Industry)

Company Background

We are representing our client one of the largest retail stores with more than 300 outlets across Malaysia. Currently our esteemed client is looking for an experienced and detail-oriented candidate to fill the position of Finance Manager to oversee and manage the financial aspect of their retail store operations.

• 5 Working Days

Job Summary

This role will be responsible for maintaining accurate financial records, preparing financial reports, monitoring financial transactions, and ensuring compliance with accounting principles and company policies. The ideal candidate will have a strong background in accounting, excellent analytical skills, and the ability to collaborate with cross-functional teams.

Main Responsibilities

• Financial Record-Keeping: Maintain and update accurate financial records, including sales transactions, expenses and other financial activities related to the operation.
• Accounts Payable and Receivable: Manage accounts payable and receivable processes, review monthly aging & oversee the credit note collection status.
• Compliance and Internal Controls: Ensure compliance with accounting principles, legal regulations, and company policies. Establish and maintain internal control procedures to safeguard financial assets and prevent fraud.
• Team Management: Supervise and mentor accounting staff, providing guidance on financial tasks and fostering a positive and collaborative work environment.
• Audit Support: Coordinate with internal and external auditors during financial audits. Provide required documentation and explanations to ensure a smooth audit process.
• Continuous Improvement: Identify opportunities for process optimization and automation within the accounting function to improve efficiency and accuracy.
• To work with GL manager on month end closing & year end budget preparation.

Requirements

• Minimum Bachelor's Degree in Accounting, Finance, Commerce or related field. Possess professional certification/membership such as ACCA/CPA/MIA etc.
• Proven experience as a Finance/Accounting Manager within the retail industry.
• Excellent analytical skills with attention to detail and accuracy.
• Ability to communicate financial information effectively to non-financial stakeholders
• Ability to speak in Mandarin language due to business needs.

Person In-Charge:

Adelene | adelene@ talentrecruit.com.my | [phone] (WhatsApp)