Financial Controller

SPD Scientific (M) Sdn Bhd; Petaling Jaya; On-site; MYR 4,700 - 6,300; Full time

Job summary

Biomedia Holdings, a leading life sciences group in Southeast Asia, seeks an experienced Finance Controller to oversee Malaysia finance operations, month-end close, budgeting, and reporting. You will manage AP/AR/GL/inventory, drive process improvements, and ensure regulatory compliance across Malaysia.

The role requires 10+ years of accounting experience, a strong finance background, and proficiency in SAP B1.

Qualifications

• Bachelor’s degree in accounting, finance or related field.
• ACCA/ISCA/CA or equivalent professional qualification.
• Minimum 10 years of relevant accounting and finance experience, with experience in a Finance Controller/senior finance role.
• Experience in SAP Business One (SAP B1) or ERP implementation is an advantage.

Responsibilities

• Manage end-to-end month-end close for Malaysia entities.
• Prepare monthly management accounts (P&L, balance sheet, cashflow, working capital, variance analysis).
• Review AP, AR, GL, inventory, accruals, prepayments, fixed assets, related parties and tax balances.
• Oversee accounts payable, accounts receivable, general ledger and inventory operations.
• Lead budgeting, forecasting and variance analysis; provide insights to improve profitability and cashflow.
• Monitor cashflow, working capital, and key metrics (DSO, DPO); coordinate with Group Finance.
• Ensure regulatory compliance, tax filings, and internal control effectiveness.
• Develop and coach Malaysia finance team; build capability in accounting standards and SAP usage.

Skills

Analytical skills

Leadership

Communication

Education

Bachelor’s degree in Accounting/Finance

ACCA/ISCA/CA or equivalent

Tools

SAP Business One (SAP B1)

Job description

Shape the Future of Health with Biomedia Holdings

Join a leading life sciences group driving innovation in Microbiology, Oncology, and Infectious Diseases across Southeast Asia. Headquartered in Singapore, Biomedia Holdings empowers healthcare, research, and pharma sectors with cutting-edge diagnostics, therapeutics, and lab technologies. As we expand across the region, we’re looking for bold, agile professionals ready to make an impact. Be part of a team that’s transforming science—and saving lives.

Responsibilities

Financial Reporting and Month-End Close:

Manage end to end month-end closing process for all Malaysia entities

Ensure timely and accurate preparation of monthly management accounts, including P&L, Balance Sheet, Cashflow, Working Capital and variance analysis.

Review and ensure accuracy of all AP, AR, GL, inventory, accruals, prepayments, fixed assets, related parties and tax balances.

Ensure all month-end journals are properly supported, reviewed, approved, and posted within the close timeline.

Identify and resolve accounting issues before submission to Group Finance.

Ensure financial reports are compliant with applicable accounting standards, regulatory requirements and Group policies.

Provide clear explanations for key financial movements, variances, risks and unusual balances.

Balance Sheet Control and Reconciliation:

Ensure monthly completion of balance sheet reconciliations.

Monthly review of all balance sheet items.

Ensure reconciling items are clearly explained, assigned to owners and resolved within agreed timelines.

Maintain good quality control over balance sheet integrity and ensure issues are escalated early to Group finance.

Accounting Operations: AP, AR, GL and Inventory

Oversee daily accounting operations across AP, AR, GL, inventory and fixed assets.

Strengthen subledger posting accuracy and controls. Monitor AP supplier reconciliation and payments, AR collections and credit exposure.

Ensure inventory accounting is properly controlled.

Continuous process improvements to reduce manual posting entries and errors.

Budgeting, Forecasting and Business Support:

Support Malaysia end to end budgeting and forecast process.

Work with commercial, operations and department heads to ensure forecast assumptions are reasonable and properly supported.

Review revenue, gross profit, operating expenses, headcount costs, working capital and cashflow forecasts.

Provide variance analysis for deviations (>5%) against budget, forecast and prior year.

Support management with financial insights to improve profitability, cost control, cashflow and operational efficiency.

Partner with business leaders while maintaining strong finance discipline and control.

Cashflow and Working Capital Management:

Lead monthly Malaysia cashflow forecast and working capital review with Group Finance.

Monitor AR collections, AP payment planning, inventory levels, supplier terms and customer credit terms.

Identify cashflow risks and recommend corrective actions.

Provide monthly reporting on DSO, DPO, DOH, overdue balances and key cash movements.

Tax, Statutory and Regulatory Compliance:

Ensure compliance with Malaysia statutory, tax, and regulatory requirements.

Manage corporate tax, SST, withholding tax, LHDN requirements and other applicable tax matters.

Ensure LHDN e-invoice requirements are properly implemented, monitored, and complied with.

Ensure transfer pricing documentation and related-party transactions are properly supported and compliant with IRB requirements.

Coordinate with external tax agents, auditors, company secretary, and regulatory advisors where required.

Ensure all statutory filings and tax submissions are completed accurately and on time.

Risk Management and Internal Controls:

Identify financial, operational, tax, compliance, and reporting risks within Malaysia finance.

Implement and monitor effective internal controls over financial reporting and business processes.

Ensure compliance with approval authority, delegation of authority, payment controls, journal approval, and documentation requirements.

Maintain issue logs, error logs, and action trackers for recurring finance issues.

Escalate material risks, control gaps, and unresolved issues to Group Finance in a timely manner.

Team Leadership and Development:

Lead, supervise, coach, and develop the Malaysia finance team.

Set clear responsibilities, deadlines, review standards, and accountability for team members.

Provide hands‑on guidance to accountants, AP, AR, and GL staff.

Build team capability in accounting standards, close discipline, reconciliations, SAP/ERP usage, reporting, and controls.

Identify performance gaps and take corrective action where required.

Develop backups for critical finance tasks to reduce key-person dependency.

Foster a disciplined, accountable, collaborative, and results-oriented finance culture.

Qualifications:

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

ACCA / ISCA / Chartered Accountant or equivalent professional qualification.

Minimum 10 years of relevant accounting and finance experience, with experience in a Finance Controller / senior finance role.

Strong experience in management reporting, financial analysis, budgeting, forecasting, internal controls and finance operations.

Experience in the trading and distribution industry is preferred.

Experience in SAP Business One (SAP B1), ERP implementation, system building or process improvement is an advantage.

Strong understanding of financial regulations, accounting principles, and financial analysis

Strong analytical, communication and leadership skills; structured, hands‑on, resilient and able to work under tight deadlines.

Experience managing or working with a shared service centre is an advantage.