Head Of Finance

Newbillion Precision Metal; Seberang Perai; On-site; MYR 120,000 - 160,000; Full time

Job summary

A leading manufacturing company in Penang is seeking an experienced Head of Finance to shape financial strategy and oversee the finance team. The ideal candidate will have over 8 years of experience, including leadership. Responsibilities span financial strategy, compliance, and team development. Competitive salary and dynamic company culture offered.

Benefits

Competitive salary and performance-based bonuses

Comprehensive wellness benefits

Semi-flexible working arrangements

Career development opportunities

Company culture

Medical parking allowance

Performance bonus

Qualifications

• 8+ years of post-qualification experience including 3 years in a leadership role.
• Proven track record in finance functions within manufacturing or engineering.
• Strong knowledge of IFRS/MFRS standards and local compliance.

Responsibilities

• Formulate and implement financial strategy aligned with corporate objectives.
• Lead budgeting, forecasting, and long-term financial planning activities.
• Oversee all financial accounting, management reporting, and consolidation activities.

Skills

Financial analysis

Stakeholder management

Strategic thinking

Team collaboration

Commercial acumen

Education

Qualified accountant (ACCA, CPA, or equivalent)

Tools

Microsoft Excel

Power BI

ERP systems

Job description

About the role

We are seeking an experienced and strategic‑minded Head of Finance to join our team at Newbillion Precision Metal Sdn. Bhd. This full‑time role will be based in our Batu Kawan, Penang office and will play a crucial part in shaping the financial direction and growth of our business.

What you’ll be doing

1) Strategic Financial Leadership

Formulate and implement the company’s financial strategy in alignment with corporate objectives.

Provide financial insights and analysis to support business planning, investment, and expansion decisions.

Act as a strategic business partner to the management team, contributing to profitability and operational efficiency.

Lead budgeting, forecasting, and long‑term financial planning activities.

Support corporate decision‑making with financial modelling and scenario analysis.

2) Documentation & Board Support

Lead and execute to ensure sufficient strategic documentation is in place for the major board and management decision‑making (i.e., board minutes, etc.).

3) Financial Operations

Oversee all financial accounting, management reporting, and consolidation activities.

Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements.

Manage cash flow, working capital, and liquidity to maintain healthy financial stability.

Drive cost control initiatives, monitor variances, and ensure financial discipline across departments.

Oversee CAPEX evaluation and ROI analysis for major projects and investments.

Drive cost‑effective financing initiatives (i.e., banks, etc.) to maintain healthy gearing ratios, debt‑service ratios, and lower finance cost.

Lead negotiations with bankers for an optimal financing package.

4) Compliance, Governance & Risk

Ensure full compliance with statutory regulations, SST, tax laws, and MFRS/IFRS reporting standards.

Liaise with external auditors, tax authorities, and financial institutions to ensure statutory compliance in the audit of financial statements, tax recognition, and bank covenants of the financing facility.

Establish and monitor internal controls, policies, and financial governance frameworks.

Identify financial risks and mitigation strategies, ensuring sound corporate governance practices.

5) Business & Operational Support

Lead and work with Engineering, Supply Chain, and BD teams to align financial insights with operational objectives.

Oversee product and project costing, margin analysis, and inventory valuation.

Enhance financial processes and automation through liaising and implementing new systems such as ERP systems and visualization digital tools.

Support supply chain financing and procurement optimization.

Lead, mentor, and develop the Finance team to ensure high performance and succession readiness.

Foster a culture of accountability, integrity, and continuous improvement.

Collaborate cross‑functionally to strengthen financial literacy and ownership across departments.

What we're looking for

Qualified accountant (ACCA, CPA, or equivalent) with 8+ years’ post‑qualification experience (including 3 years in a leadership role).

Proven track record of managing finance functions in manufacturing, engineering, or industrial organizations.

Strong knowledge of IFRS/MFRS accounting standards, tax regulations, and local financial compliance.

Technical competencies: Microsoft Excel, PowerPoint, Word, and other visualization tools (e.g., Power BI, Excel Macro). Added advantage.

Exceptional financial analysis, reporting, and forecasting skills.

Strong commercial acumen and ability to interpret data to drive strategic decision‑making.

Excellent analytical, communication, and stakeholder‑management skills.

Proficient in using financial software and ERP systems.

Experience leading and developing high‑performing finance teams.

Other professional competencies required: strategic & commercial thinking, financial stewardship, decision‑making & problem solving, team collaboration, professional behaviour, professional competence & due care, confidentiality and objectivity.

What we offer

• Competitive salary and performance‑based bonuses
• Comprehensive wellness benefits
• Semi‑flexible working arrangements
• Excellent career development opportunities and training support
• Dynam­ic and collaborative company culture
• Medical parking and telephone allowance
• Performance bonus and awards

About us

Newbillion Precision Metal Sdn. Bhd. is a leading manufacturer of high‑quality metal components and assemblies for the automotive, aerospace, and industrial sectors. With over 20 years of experience, we are known for our engineering excellence, innovative practices and unwavering commitment to customer satisfaction.

If you’re ready to take the next step in your finance career and contribute to the ongoing success of our organization, we encourage you to apply now.