Head of Finance

ACC HESED SDN BHD; Shah Alam; Sur place; MYR 360 000 - 720 000; Plein temps

Résumé du poste

ACC HESED SDN BHD seeks an experienced Head of Finance to lead our finance and accounting functions with a strategic, commercial mindset. Ideal candidate has deep Retail/F&B sector experience, strong inventory costing, and outlet economics expertise.

You will drive FP&A, budgeting, working capital optimization, and regulatory compliance while delivering strategic financial insights to support growth across outlets, central kitchens, and digital channels.

Qualifications

• Bachelor's degree in Finance, Accounting, or equivalent.
• CA/CPA/ACCA/CIMA or equivalent is required.
• 10+ years in progressive finance roles; at least 5 years in leadership in Retail, F&B, FMCG or Hospitality.
• Experience managing retail/restaurant finance: COGS, lease accounting, cash/POS reconciliations, margins.

Responsabilités

• Formulate and execute short/long-term financial strategies.
• Lead FP&A, budgeting, forecasting, and scenario planning.
• Deliver insights on store profitability, margins, and ROI.

Connaissances

Strategic leadership

Financial analysis

Budgeting

Commercial planning

Negotiation

Team leadership

Formation

Bachelor's Degree in Finance/Accounting

CA/CPA/ACCA/CIMA or equivalent

Outils

SAP

NetSuite

Microsoft Dynamics

Retail POS systems

Description du poste

We are seeking an experienced, strategic, and commercial-minded Head of Finance to lead our finance and accounting functions. The ideal candidate will possess deep experience within the Retail and/or F&B (Food & Beverage) sector, bringing strong expertise in inventory accounting, outlet/store unit economics, central kitchen/supply chain costing, cash flow management, margin optimization, and financial strategy.

As a key member of the executive team, you will drive short- and long-term financial planning, optimize working capital across physical outlets, central production, and digital/delivery channels, ensure regulatory compliance, and deliver strategic financial insights that support business expansion and profitability goals.

Key Responsibilities

1. Strategic Financial Leadership & Commercial Planning

• Financial Strategy: Formulate and execute short-term and long-term financial strategies aligned with business growth, retail/F&B outlet expansion, central kitchen operations, and digital/delivery platforms.
• FP&A & Budgeting: Lead annual budgeting, financial forecasting, and scenario planning across brands, outlet networks, central production facilities, and online/e-commerce channels.
• Commercial Insights: Deliver actionable financial analysis on store/outlet profitability, menu and product line margins, customer acquisition costs, food waste metrics, and promotional ROI to guide commercial strategies.

2. Retail & F&B Operations, Inventory & Cost Management

• Inventory Control & Recipe/COGS Accounting: Partner with supply chain, culinary, and merchandising teams to oversee inventory valuation, stock audits, recipe costing, raw material price tracking, and wastage controls.
• Margin Optimization: Analyze gross-to-net margins, markdowns/discounts, central kitchen transfer pricing, ingredient sourcing costs, and shrinkage to safeguard operational profitability.
• Outlet Unit Economics: Evaluate individual store/outlet feasibility, capex investments, commercial lease commitments, payback periods, and outlet-level P&L performance.
• Financial Reporting: Oversee the accuracy and timely submission of monthly, quarterly, and annual management accounts, financial statements, and board reporting packages.
• Cash Flow & Working Capital Management: Drive active cash flow forecasting, optimizing working capital requirements across perishable/non-perishable inventory, vendor payment terms, and daily POS collections.
• Compliance & Tax: Ensure full compliance with MFRS/IFRS accounting standards, corporate tax, SST, import duties, food service tax requirements, statutory filing processes, and external audits.

4. Treasury, Audit & Stakeholder Relations

• Banking & Vendor Relations: Manage relationships with financial institutions, food delivery aggregator platforms (e.g., Grab, Foodpanda), merchant payment gateways, auditors, tax authorities, and legal advisors.
• Risk Management: Identify, assess, and manage operational and financial risks, maintaining strong internal control systems across outlets, warehouses, central kitchens, and corporate offices.
• Team Leadership: Lead, mentor, and elevate the finance and accounting team, fostering a culture of high performance, integrity, and analytical accuracy.

Key Requirements & Qualifications

Education & Professional Credentials

• Education: Bachelor’s Degree in Finance, Accounting, or equivalent.
• Professional Certification: CA, CPA, ACCA, CIMA, or equivalent professional accounting qualification is required.
• Industry Experience: Minimum 10+ years of progressive finance experience, with at least 5 years in a leadership role within the Retail, F&B, FMCG, or Hospitality industry.
• Retail & F&B Expertise: Proven track record in managing retail and restaurant finance complexities, including raw material/COGS cost control, store/outlet lease accounting, daily cash and POS reconciliations, stock turn/spoilage management, and aggregator margin structures.Technical Proficiency: Hands-on experience with major ERP systems (e.g., SAP, NetSuite, Microsoft Dynamics) and specialized retail/F&B POS systems.
• Leadership & Communication: Strong business acumen with exceptional negotiation, presentation, and leadership skills to influence executive decision-making.
• Strategic thinker capable of balancing high-level financial strategy with granular outlet-level execution.
• Direct experience handling central kitchen operations, cold-chain supply chain costing, and perishable inventory management.
• Experience in omni-channel environments (combining dine-in, takeaway, e-commerce, and third-party delivery services).