Posted 24 months ago
Manager, Finance
JohorOn-siteFull-time
AI Summary
Manages the Finance Department, overseeing financial reporting, budgeting, cash flow, working capital, and internal controls while liaising with bankers and supporting business unit leadership.
About this role
We value our people and encourage everyone to grow professionally. If you think this opportunity is right for you, we encourage you to apply!
Job Description:
Job Specification
- Overseeing and managing the Finance Department.
- Responsible for accurate and timely submission of financial and management reports and ensure adherence to financial, accounting and operational procedures.
- Responsible for providing accurate and timely submission of financial and cash flow forecast as well as accuracy in forecasting operational performance.
- Responsible for annual budgeting and preparing statutory accounts.
- Effective management of working capital especially on management of debtors and inventories.
- Review and analyze 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.
- 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 Department 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.
Job Requirement
- Preferably graduated in bachelor's degree in accountancy.
- Preferably possess professional accountancy membership (e.g. ACCA/ CIMA/ ICAEW).
- Preferably with minimum of 8 years working experience in FMCG industry.
- Experience working in MNC is an added advantage.
Only shortlisted applicants will be contacted.
To apply, please submit your resume and cover letter outlining your interest for this role.
Skills
Accounting SystemsBudgetingCash Flow ForecastingCorporate GovernanceCost AccountingDebtor ManagementFinancial ReportingForeign Exchange HedgingInternal ControlsInventory ManagementManagement ReportingStatutory AccountsTax ComputationsWorking Capital Management
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