Senior Finance Executive

Jobstreet Malaysia; Selangor; On-site; MYR 60,000 - 80,000; Full time

Job summary

A manufacturing company in Malaysia seeks a Finance Executive to manage financial operations, including accounts payable/receivable, budget preparation, and financial reporting. The role requires at least 2–5 years of accounting or finance experience, preferably in manufacturing, as well as strong knowledge of accounting principles and compliance requirements. This position involves collaboration across departments to ensure timely and accurate financial information, contributing directly to operational success.

Qualifications

• 2–5 years’ experience in accounting/finance, preferably in manufacturing.
• Strong knowledge of tax compliance and statutory requirements.
• Ability to work under pressure and meet deadlines.

Responsibilities

• Maintain accurate general ledger accounts and ensure timely month-end and year-end closing.
• Prepare financial statements, management reports, and variance analyses.
• Monitor and reconcile accounts payable and accounts receivable.
• Support annual budgeting and periodic forecasting processes.
• Analyze financial performance to support management decisions.

Skills

Accounting principles

ERP systems

Microsoft Excel

Analytical skills

Good communication skills

Teamwork skills

Problem-solving skills

Education

Degree/Diploma in Accounting or Finance

Professional qualification (ACCA, CPA, CIMA)

Job description

The Finance Executive is responsible for managing the company’s financial operations, including accounts payable/receivable, general ledger, budgeting, and financial reporting. The role ensures accurate financial records, compliance with statutory requirements, and supports business decision-making with timely and relevant financial information, particularly for the automotive manufacturing environment.

Key Responsibilities

• Maintain accurate general ledger accounts and ensure timely month-end and year-end closing.
• Prepare financial statements, management reports, and variance analyses.
• Monitor and reconcile accounts payable and accounts receivable.
• Ensure compliance with statutory requirements (tax, GST/SST, EPF, SOCSO, etc.).

Budgeting & Cost Control

• Support annual budgeting and periodic forecasting processes.
• Track departmental and production costs; provide variance reports and recommendations for cost control.
• Monitor material, production, and overhead costs relevant to automotive fasteners manufacturing.

Cash Flow & Banking

• Monitor cash flow and manage daily banking activities.
• Process payments and receipts accurately and on time.
• Liaise with banks for financing, credit facilities, or transactional needs.

Financial Analysis & Business Support

• Analyze financial performance, key ratios, and trends to support management decisions.
• Assist in pricing, costing, and profitability analysis for automotive projects and customer orders.
• Support internal and external audits, including automotive customer audits if required.

Compliance & Controls

• Ensure adherence to internal financial policies and controls.
• Assist with audits and provide necessary documentation.
• Ensure compliance with statutory and regulatory requirements.

Cross-Functional Collaboration

• Work closely with Procurement, Production, and Sales teams to track costs, budgets, and financial implications of operational decisions.
• Support project costing, customer quotations, and financial aspects of supply chain operations.

Key Performance Indicators (KPIs)

• Timeliness and accuracy of monthly, quarterly, and annual financial reporting.
• Accuracy of accounts payable and receivable (error-free transactions).
• Adherence to budgets and variance management.
• Compliance with statutory and internal audit requirements.
• Cash flow management and timely processing of payments/receipts.
• Contribution to cost savings or efficiency improvements.

Qualifications

• Degree/Diploma in Accounting, Finance, or related field; professional qualification (ACCA, CPA, CIMA) is an advantage.
• 2–5 years’ experience in accounting/finance, preferably in manufacturing industry.
• Strong knowledge of accounting principles, ERP systems, and Microsoft Excel.
• Experience with statutory compliance (taxes, payroll, audit requirements).
• Analytical, detail-oriented, and problem-solving skills.
• Good communication and teamwork skills; ability to work under pressure and meet deadlines.
• Proficient in English; working knowledge of Mandarin or Cantonese is an advantage due to dealings with some suppliers and customers.