Finance Asst Manager/ Senior Exec (Management / Financial Reporting)

We are looking for a dynamic and creative person to join our team.

You will play an important role in:-

1. Management reporting

• Support preparation of annual budgets, forecast and financial planning, proper summary and explanation of variances on actual performance as compared to budget/forecasts to support annual target achievement.
• Monthly preparation of the Group’s financial and management reports, analysis of key financial areas such as MTD/YTD financial performance, AR/AP turnover, sales to direct labor ratio and space productivity to provide useful insight for improvement.
• Assist on simulation work and other ad-hoc duties where appropriate.
• Prepare and provide the costing reports and margin analysis as required, work closely with operations to maintain the accuracy of standard product costing, analysis on product cost and margin, highlight the key areas to be improved to operation and sales team to achieve better margin.
• Maintain and update the costing policy and procedure to ensure compliances.
• Standard cost rollup and evaluation to ensure accuracy in costing.
• Perform cycle count and year end stock take.
• Analysis on inventory turnover days.
• Analysis on aged inventory, to work closely with planning, sales and purchasing department to clear the aged inventory.
• Monthly management of cash flow, monitoring and control of cash conversion cycle.

Requirements

• Bachelor’s degree in accounting/finance, or equivalent.
• Minimum 4-5 years of experience in accounting, finance or audit field, preferably with FP&A or costing background.
• Good knowledge and strong interest in financial analysis and costing.
• Comfortable in a hands-on, fast-paced environment.
• Meticulous, proactive, resourceful and self-driven with a positive mindset.
• Able to provide proper guidance to teammates.

2. Financial Accounting

• Support the preparation of annual budgets, forecast and financial planning, proper summarize and explanation of variances on actual performance as compared to budget/forecasts to support target achievement.
• To perform variance analysis in providing useful insight to management for margin improvement, to support on business strategy and decision making.
• Maintain full set of accounts, including general ledger entire, fixed asset listing, balance sheet schedules, account receivable and payable, month end closing of accounts, ensure accuracy and timely recording of accounting transactions in compliance with accounting standard and regulations.
• Verify all the AP and AR Invoices posting, petty cash reimbursement, staff expenses claims and payment transaction.
• Monthly management on cash flow, timely payment processing in accordance with payment schedules.
• Support preparation of yearly financial statements and corporate income tax, to liaise with auditors and tax agents on financial and tax matters.
• Assist on project work and other ad-hoc duties where appropriate.
• Monthly preparation and timely submission of the Group’s financial reports, support in management reporting and analysis of key financial results to provide useful insight for improvement.

Requirements

• Bachelor’s degree in accounting/finance, or equivalent.
• Minimum 3-4 years of experience in accounting, finance or audit field
• Knowledge in full set of accounts, financial reporting, financial analysis, budget and forecasting
• Comfortable in a hands-on, fast-paced environment.
• Meticulous, proactive, resourceful and self-driven with a positive mindset.
• Able to provide proper guidance to teammates.