Strategic Finance Manager: Budgeting & Forecasting

LTS Search; Malaysia; On-site; MYR 71,089 - 85,150; Full time

Job summary

LTS Search in Malaysia is seeking a senior Finance & Procurement lead to oversee the Finance Department, manage reporting, budgeting, working capital, and internal controls. The role requires driving cost management and stakeholder engagement across business units.

Based in Pasir Gudang for a 12-month contract, you will coordinate with bankers, prepare statutory accounts, and support pricing strategy while ensuring compliance with group policies and audit queries.

Qualifications

• Degree in Finance/Accounting or completed Accounting Professional Qualifications (ACCA/CPA/MICPA).
• Preferably with 10 years of experience in Finance / Accounting / Auditing and able to handle full set of accounts.
• Preferably with 3 years of experience in a managerial role.

Responsibilities

• Overseeing and managing the Finance Department.
• Responsible for accurate and timely submission of financial and management reports and ensuring adherence to financial, accounting and operational procedures.
• Responsible for providing accurate and timely submission of financial and cash flow forecast as well as accuracy on forecasting operational performance.
• Responsible for annual budgeting and preparing of statutory accounts.
• Effective management of working capital especially on management of debtors and inventories.
• Review and analyse cost accounting report.
• Actively support the Business Unit Head in value creation and cost reduction initiatives.
• Recommend and implement internal control and corporate governance processes.
• Report on financial performance, variance analysis and recommendations for process improvements.
• Supervise, train and take leadership role in developing accounting staff.
• Ensure adherence to financial, accounting and operational procedures and prompt submission of monthly financial and operational reports to Head Office.
• Design, implement, monitor and review the accounting system and procedures to meet the requirements of both the internal and external auditor.
• Liaise with bankers on banking facilities, foreign exchange and money market transactions, letter of credit and other banking matters.
• Monitor daily cash flow and project funding requirements for effective control and utilization of excess funds.
• Manage foreign exchange exposure and hedge appropriately in accordance with approved company policies.
• Provide financial information/analysis to management as and when required.
• Liaise closely with the marketing department on debt collection and compliance of credit term extended to customers.
• Assist management in the formulation of pricing policy for various products in response to changing commodity prices.
• Preparation of tax computations for review by Group Tax and submission of applications for various tax incentives, such as double tax deduction for R & D expenditure and promotion of export expenses.
• Aggregation of the departmental budgets and preparation of the main financial budgets.
• Handle annual insurance renewals and attend to all audit queries relating to annual accounts.

Skills

Stakeholder management

Education

Degree in Finance/Accounting or professional qualifications (ACCA/CPA/MICPA)

Job description

LTS Search in Malaysia is seeking a senior Finance & Procurement lead to oversee the Finance Department, manage reporting, budgeting, working capital, and internal controls. The role requires driving cost management and stakeholder engagement across business units.

Based in Pasir Gudang for a 12-month contract, you will coordinate with bankers, prepare statutory accounts, and support pricing strategy while ensuring compliance with group policies and audit queries.