Regional CFO SEA

PentagonPlus; Selangor; On-site; MYR 180,000 - 250,000; Full time

Job summary

A leading multinational finance firm in Selangor, Malaysia, seeks a Regional Finance Leader to build strategic relationships, analyze financial results, and ensure compliance. The ideal candidate will hold a postgraduate degree and have 12-15 years of financial management experience, including 5 years in a leadership role. This position offers a competitive salary and the chance to work in a dynamic environment.

Qualifications

• 12 - 15 years of Financial Management experience required.
• At least 5 years in a regional finance leadership role.
• Experience as a CFO in a global holding structure is essential.

Responsibilities

• Build relationships and networks within the region with effective communication.
• Support country heads in material client interactions involving financials.
• Ensure the accuracy of financial results for the region.
• Monitor and manage financial risks within the region.
• Create a culture of high accountability within finance teams.

Skills

Leadership

Financial Analysis

Communication

Budget Management

Compliance Knowledge

Education

Postgraduate degree in Finance/Accounting

Chartered Accountant

Job description

• Build relationships and networks within the region ensuring effective communication between the in-country and regional finance teams and line management
• Provide mentoring and direction to in-country finance heads
• Support country heads in the businesses in any material interactions with clients that involve financials
• Analyse financial results of the region and provide meaningful insights to the team
• Ensure effective communication between the head office team, finance department and the business and deal with any issues and queries that may arise
• Drive client engagement through meetings, discussions and involvement in commercials and negotiations
• Information Management, Financial Analysis and Reporting
  • Ensure overall accuracy and integrity of the financial results for region
  • Collate financial information to be submitted to the global team
  • Ensure all regional and global reporting deadlines are met
  • Manage balance sheet, particularly working capital, and debtors’ collections
  • Support the region to ensure that Country Managers are aware of the financial situation of the business and how their actions either support or undermine the financial position of the region
  • Understand the key drivers of the businesses in the various countries and develop KPI’s to drive growth and profitability and guide leaders to become more efficient in the use of their resources
  • Perform scenario and sensitivity analysis
  • Assist with updating and perfecting costing models in use and continually develop new models to promote innovative thinking in the businesses
  • Embed ROI insight reporting processes to identify performance trends and competitiveness
• Budget Management and Forecasting
  • Oversee the compilation of budgets, annual and project based, dependent on business and client need
  • Negotiate budgets with relevant stakeholders and get approval and sign off
  • Implement, manage, and monitor budget achievement monthly and identify variances to ensure all financial objectives are met
  • Ensure that the forecasting in the region is accurate with the appropriate level of accountability
• Policies, Processes and Controls
  • Ensure that robust accounting systems are in place in the various countries, with a particular focus on:
    • liabilities management
    • asset management processes and procedures
    • custody of assets, insurance, control over cash and FOREX
    • Ensure that financial controls within the region are effective
    • Optimise financial processes within the region
    • Ensure that group accounting, financial and ethical policies and practices are adhered to
• Statutory compliance
  • Implement processes and controls to ensure:
    • compliance with the local accounting policies regulatory laws and taxes in country
    • accurate and timeous preparation of the in country annual financial statements
    • accurate and timeous preparation and submission of various tax returns
    • accurate and compliant statutory records
• Monitor and manage financial risks within the region
• Raise awareness of what good corporate governance entails with all stakeholders
• Proactively remain abreast of latest trends and legislation about good corporate governance
• Assess ways of reducing risk whilst maintaining returns
• Monitor legislation and macro-environment to identify and manage additional risks
• Draft a monthly Risk Identification and Action Plan Review for the management team
• Support the operational teams with new country entries, including financial controls and systems, legal compliance (labour, taxation, exchange control etc.) and contractual terms with clients and suppliers
• Assist with in country M&A projects including negotiations, due diligences and contractual terms when requested
• Support in pricing strategy and price modelling focused on profit enrichment and margin enhancement
• Leadership and People Management
  • Through effective inspirational and practical leadership, facilitate the creation of an accountable, full-service team that understands and strives to meet the needs of all client, customers and group objectives
  • Create and encourage a culture focusing on delivery of objectives
  • Continually inspire, motivate and develop people to understand what is expected of them (co- create a team / organisational culture of high accountability)
  • Take full responsibility for performance of all direct reports, motivating and managing them in relation to quality standards and agreed benchmarks and objectives, focusing on all aspects of sound people management

Requirements:

• Chartered Accountant
  
• Postgraduate degree in Finance/Accounting or MBA in Finance, relevant accounting accreditation
• 12 - 15 years’ appropriate Financial Management experience, with at least 5 years’ experience in a regional finance leadership position.
• Experience as a CFOin a complex global holding structured organisation that has multiple affiliates.