The Senior Finance Manager is responsible for overseeing the Company's overall financial management, accounting operations, financial reporting, cash flow management, budgeting, internal controls, statutory compliance and financial planning.
The role will provide accurate and timely financial information to Management to support business decisions, improve financial controls and ensure the Company's financial activities are properly managed in accordance with applicable accounting standards, tax requirements and Company policies.
A. Financial Management & Reporting
- Oversee the Company's day-to-day finance and accounting operations.
- Review and ensure the accuracy and completeness of accounting records and financial transactions.
- Prepare and review monthly management accounts, financial statements and financial reports.
- Analyse financial performance, profitability, costs, variances and key financial indicators.
- Provide financial analysis and recommendations to Management for business decision-making.
- Ensure timely month-end and year-end closing activities.
- Monitor financial performance against budgets, forecasts and business targets.
B. Accounts Payable & Accounts Receivable
- Oversee the Accounts Payable (AP) and Accounts Receivable (AR) functions.
- Ensure proper processing and verification of purchase orders, GRN, supplier invoices, payments and related documentation.
- Monitor customer outstanding balances and collection activities.
- Review ageing reports and follow up on overdue accounts.
- Ensure proper reconciliation of supplier and customer accounts.
- Establish appropriate credit control and payment procedures.
C. Cash Flow & Treasury Management
- Monitor daily and monthly cash flow requirements.
- Prepare cash flow forecasts and advise Management on funding requirements.
- Monitor bank balances, payments, receipts and cash utilisation.
- Review and approve payment schedules in accordance with Company policies.
- Maintain proper banking relationships and coordinate with financial institutions when required.
- Ensure adequate working capital is maintained for business operations.
D. Budgeting & Financial Planning
- Lead the annual budgeting and forecasting process.
- Prepare financial projections and cash flow forecasts.
- Monitor actual performance against approved budgets.
- Investigate significant budget variances and recommend corrective actions.
- Support Management in business planning, expansion plans, cost control and investment decisions.
E. Cost & Management Control
- Monitor operating expenses, overheads and cost structures.
- Identify opportunities for cost reduction and process improvement.
- Review departmental spending and ensure expenses are within approved budgets.
- Analyse product, business unit or project profitability where applicable.
- Establish and improve financial controls to minimise errors, wastage and financial risks.
F. Audit, Tax & Statutory Compliance
- Coordinate with external auditors, tax agents, company secretaries, bankers and other professional advisers.
- Ensure timely preparation and submission of information required for audit and tax purposes.
- Review tax computations and ensure compliance with applicable Malaysian tax requirements.
- Ensure proper maintenance of accounting records and supporting documents.
- Monitor compliance with applicable accounting standards, statutory requirements and Company policies.
- Assist Management in handling tax audits, statutory reviews and other regulatory matters when required.
G. Internal Controls & Risk Management
- Develop, implement and maintain effective financial policies, procedures and internal controls.
- Review existing finance processes and identify areas for improvement.
- Ensure proper segregation of duties and approval controls.
- Monitor financial risks and recommend appropriate mitigation measures.
- Conduct periodic reviews of financial processes, documentation and controls.
- Ensure all financial transactions are properly authorised and supported by adequate documentation.
H. Team Management & Leadership
- Lead, supervise and develop the Finance and Accounting team.
- Assign responsibilities and monitor team performance.
- Provide coaching, guidance and training to finance staff.
- Establish clear work standards, deadlines and performance expectations.
- Review the team's work and ensure accuracy and timely completion.
- Conduct performance evaluations and recommend training or development where required.
I. Business & Operational Support
- Work closely with Operations, Sales, Purchasing, Warehouse, HR and other departments on financial matters.
- Provide financial advice and support for operational decisions.
- Review the financial impact of new business initiatives, contracts, purchases and major expenses.
- Ensure proper financial records are maintained for different business units, entities or operations where applicable.
- Support Management in ad-hoc financial analysis and projects.
REQUIREMENT
- Bachelor's Degree in Accounting, Finance, Business Administration or a related field.
- Professional accounting qualification such as ACCA, CPA, CIMA, MIA or equivalent is an advantage.
- Minimum 8 years of relevant experience in accounting and finance, with at least 3–5 years in a managerial or senior finance position.
- Strong knowledge of accounting principles, financial reporting, taxation and financial controls.
- Experience in budgeting, forecasting, cash flow management and management reporting.
- Experience managing and developing a finance team.
- Experience in handling external audit and tax matters.
- Experience with accounting/payroll/ERP systems; knowledge of SQL Accounting / SQL Payroll is an advantage.
- Experience in a trading, distribution, manufacturing, retail or multi-business environment will be an advantage.
Pay: RM7,000.00 - RM12,000.00 per month
Work Location: In person