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A leading manufacturing company in Malaysia is seeking a Financial Controller to oversee financial operations, ensuring compliance with regulations while providing strategic insights. Candidates must have a degree in Finance or Accounting with a minimum of 8 years of experience in a related field, showcasing strong leadership and financial skills.
Are you looking for a new challenge in your career? A great opportunity have arise for those looking for a change and development in their careers. A leading manufacturing company is looking for like minded individuals to join them in their expansion plan.
The organisation we are working with is a leading company in its industry. They have grown massively in the past years and have future plans on innovation on this day & age.
Description
About the Role:
The Financial Controller will be a pivotal leader within our manufacturing organization, responsible for overseeing all financial operations, ensuring the integrity of financial reporting, and providing strategic financial insights to drive efficiency and profitability. This role requires a robust understanding of manufacturing processes, cost accounting principles, inventory management, and a strong commitment to financial control and compliance within the Malaysian regulatory landscape.
Responsibilities:
1. Financial Accounting & Reporting: * Oversee the complete financial accounting cycle, ensuring accurate and timely recording of all financial transactions. * Manage the month-end, quarter-end, and year-end closing processes for the manufacturing entity, adhering to strict deadlines. * Prepare and present comprehensive financial statements (e.g., Profit & Loss, Balance Sheet, Cash Flow) in accordance with Malaysian Financial Reporting Standards (MFRS) and relevant statutory requirements. * Ensure all financial reporting is compliant with internal policies and external regulations. * Coordinate and manage the annual external audit process, acting as the primary liaison with auditors.
2. Cost Accounting & Analysis: * Develop, implement, and maintain robust cost accounting systems to accurately track and analyze manufacturing costs (e.g., raw materials, direct labor, manufacturing overheads). * Conduct in-depth analysis of production variances (e.g., material usage, labor efficiency, overhead spending) and identify root causes. * Provide detailed cost information to support pricing decisions, new product development, make-or-buy analyses, and operational improvement initiatives. * Implement and monitor standard costing methodologies and ensure their regular review and update.
3. Inventory Management & Control: * Oversee the financial aspects of inventory management, including valuation (e.g., FIFO, Weighted Average), costing, and obsolescence provisions. * Collaborate closely with Production and Supply Chain teams to ensure effective inventory control, minimize waste, and optimize inventory levels. * Manage and reconcile physical inventory counts with system records. * Analyze inventory turnover and identify strategies to reduce carrying costs and improve working capital.
4. Budgeting, Forecasting & Performance Management: * Lead the annual budgeting and periodic forecasting processes for the manufacturing operations, working collaboratively with various department heads (e.g., Production, Sales, HR). * Monitor financial performance against budget and forecast, providing insightful variance analysis and recommending corrective actions. * Develop and track key performance indicators (KPIs) relevant to manufacturing operations (e.g., unit cost, production efficiency, OEE, scrap rates).
5. Internal Controls & Compliance: * Establish, maintain, and continuously improve a strong internal control framework to safeguard company assets, ensure the integrity of financial data, and mitigate financial risks. * Ensure strict adherence to company policies and procedures, as well as all relevant Malaysian tax laws (e.g., corporate tax, SST), labor laws, and financial regulations. * Oversee statutory filings and ensure timely compliance with local authorities.
6. Business Partnering & Leadership: * Act as a key financial business partner to the Plant Manager/Head of Operations, providing financial insights and support for operational decision-making. * Lead, mentor, and develop the finance team, fostering a culture of accountability, accuracy, and continuous improvement. * Communicate financial information clearly and effectively to non-financial stakeholders.
Profile
Job Offer
You will be rewarded with an attractive package of
To apply online please click the 'Apply' button below. For a confidential discussion about this role please contact Sue Wen Looi on +603 2302 4085 .
Agensi Pekerjaan Michael Page International (Malaysia) Sdn Bhd | Registration No.914741-W.
Salary match Number of applicants Skills match
Human Resources & Recruitment 51-100 employees
Whether you're searching for your dream job or looking to recruit the ideal person for your business, then we can help. At Michael Page we've been bringing job seekers and employers together for more than 30 years.
We employ specialist consultants for each job sector that we cover. This ensures every consultant is an expert on their specific industry and is able to offer expert advice to help find the right job for you. Our globally recognised brand attracts the highest quality employers from around the world ensuring that we always have a great range of jobs available.
So if you're looking to take your career to the next level, visit www.michaelpage.com.my
About Michael Page
Michael Page International is a leading professional recruitment consultancy specialising in the recruitment of permanent, contract and temporary positions on behalf of the world’s top employers. The Group operates through 155 offices in 35 countries worldwide. We have operations in the UK, Continental Europe, Asia Pacific and the Americas and focus on recruiting for the following sectors:
Accounting
Banking
Engineering & Manufacturing
Healthcare and Life Sciences
Human Resources
IT & T
Legal
Marketing
Procurement & Supply Chain
Property & Construction
Secretarial & Office Support
Whether you're searching for your dream job or looking to recruit the ideal person for your business, then we can help. At Michael Page we've been bringing job seekers and employers together for more than 30 years.
We employ specialist consultants for each job sector that we cover. This ensures every consultant is an expert on their specific industry and is able to offer expert advice to help find the right job for you. Our globally recognised brand attracts the highest quality employers from around the world ensuring that we always have a great range of jobs available.
So if you're looking to take your career to the next level, visit www.michaelpage.com.my
About Michael Page
Michael Page International is a leading professional recruitment consultancy specialising in the recruitment of permanent, contract and temporary positions on behalf of the world’s top employers. The Group operates through 155 offices in 35 countries worldwide. We have operations in the UK, Continental Europe, Asia Pacific and the Americas and focus on recruiting for the following sectors:
What can I earn as a Financial Controller