General Manager, Finance (Group Reporting and Consolidation)

Sime Darby Property; Petaling Jaya; On-site; MYR 60,000 - 100,000; Full time

Job summary

An established industry player is looking for a finance leader to oversee its financial reporting and planning functions. This pivotal role involves ensuring accurate and timely financial reporting, compliance with regulations, and providing insightful analysis to support management decisions. The ideal candidate will possess a strong educational background in accounting or finance, along with professional qualifications such as ACCA or CPA. Join a dynamic team where your expertise will drive financial excellence and contribute to the company's success in a collaborative environment.

Qualifications

• Degree in Accounting or Finance is essential for this role.
• Professional qualifications like ACCA or CPA are highly valued.

Responsibilities

• Oversee group financial reporting and planning for stakeholders.
• Ensure compliance with accounting standards and regulations.

Skills

Financial Reporting

Financial Planning and Analysis

Compliance with MFRS

Accounting Policies

Education

Degree in Accounting/Finance

ACCA/ICAEW/MICPA/CIMA/CPA or MIA member

Job description

Job Purpose
To oversee the finance function in the area of:

• Group financial reporting for external and internal stakeholders
• Group financial planning and analysis

Job Responsibilities
Consolidation and financial reporting

• Monthly reporting, quarterly reporting, annual financial statements of Group financials including its subsidiaries
• Preparation of Board papers, related party transactions, non-audit fees, annual audit fees, dividend and ad-hoc financial reporting related papers
• Regular review of non-property development Joint Venture and associate financials
• Setting and/or updating group accounting policies on new transactions and new accounting standards
• Ensure compliance with MFRS, group accounting policies, Companies Act (where relevant to financial reporting) via regular review of group-wide practices on a rotational basis and upon consultation
• Addressing internal and external stakeholders' requests

Financial planning & analysis

• Preparation of group annual operating plan, mid-year review and monthly forecasts
• Monitor, analyse and report variances between actual performance against budget with the objective of identifying gaps for management action and decisions
• Annual report and AGM - preparation of GCFO statement, management discussion & analysis and review of all financial-related matters

Board/Committee roles

• Board member of non-Property Development subsidiaries and JVs
• OC and exco member of non-Property Development subsidiaries and JVs

Corporate proposals/project/operational support

• Provide input on financial reporting implications especially around group/consolidated financial impact
• Review of financial assessments for non-PD Group Tender Committee and Board Tender Committee papers

Impact / Accountability

• Ensure accurate and timely financial reporting for management to make informed decisions
• Complying with regulatory and statutory requirements
• Improve availability and information for decision making

Education Qualification/ Professional Experience

• Degree in Accounting / Finance or other related discipline
• ACCA/ ICAEW/ MICPA/ CIMA/ CPA or MIA member