Chief Financial Officer (CFO) - Subang Jaya (Ref ID: 12966)

Job description:

1. Financial Strategy and Planning:
・ Develop and execute comprehensive financial strategies in line with company objectives.
・ Initiate new deal of financial opportunities (including new bank account opening, government support program, etc).
・ Keep building and restructuring to attach the Company’s growth
・ Oversee budgeting, forecasting, and financial planning processes.
・ Analyze financial data to provide insights and recommendations to Managing Director, CEO and Board of Directors.

2. Financial Operations:
・ Manage cash flow, investments, and financial reporting to ensure optimal financial performance.
・ Ensure building relationships with banks for better deal and interests.
・ Build SOPs of the sales trade spending process and have timely meeting with sales team to discuss how to minimize the trade spending to ensure better financial position.
・ Monitor financial performance and identify areas for improvement.
・ Oversee the whole working flows (SOPs) in the company from finance point of view and the integration of the Company’s accounting system, with other core systems (e.g., sales and inventory system) to ensure accuracy.
・ Ensure accurate and timely payments are made to licensors, and ensure the Company has historically been accurate in payments made to licensors.
・ Ensure the Company adopts a policy for slow-moving/aging inventory.
・ Ensure the Company provisions for sales returns.
・ Ensure the Company issues credit notes in a timely manner.
・ Revaluate intangible asset capitalization policies, particularly pertaining to the capitalization of listing fees as an intangible asset.
・ Ensure timely and accurate tax payments are made to relevant tax authorities and parties, and the appropriate documents are filed.
・ Ensure compliance with accounting standards and regulatory requirements.
・ Effectively manage the audit process and ensure timely submissions and filings.
・ Ensure the proper Company Secretary documentations.

3. Risk Management:
・ Assess and mitigate financial risks while implementing internal controls to safeguard company assets. (including legal documentations, the Company’s licences, Trade Mark applications, etc)
・ Evaluate potential investments and acquisitions to support growth strategies.
・ Effectively manage capital structure to ensure strong solvency and long-term financial health.

4. Leadership and Collaboration:
・ Collaborate with Managing Director/CEO and executive team to align financial goals with overall business objectives.
・ Lead, mentor, and develop the finance team to foster a high-performing environment.
・ Partner with cross-functional teams (e.g., operations, sales, marketing) to drive efficiency and profitability.

5. Stakeholder Communication:
・ Present financial information and insights to the Board, investors, and external partners.
・ Build and maintain strong relationships with banks, auditors, and regulatory bodies.

6. Strategic Decision-Making:
・ Provide financial insights for strategic initiatives, including product launches and market expansion.
・ Evaluate investment.

Requirements:

• Education Background: Minimum Degree in Accountancy/Finance or equivalent.
• Years of experience: More than 15 years of experience in audit or tax, with a strong background in the FMCG sector (ideally in Food & Beverage).
• Minimum 5 years in proven experience as CFO or in a senior financial management role (e.g. Group Financial Controller).
• Experience taking a private company public or working in a public company.
• Strong understanding of financial regulations and accounting standards.
• Exceptional analytical and strategic thinking skills.
• Excellent communication and leadership abilities.
• Experience with financial management systems.
• MIA-qualified Chartered Accountant preferred

Additional Information:

Company Industry: F&B Industry

Working Location: Subang Jaya

Working hours: Monday - Friday 9.00am - 6.00pm

Click on "APPLY NOW”, if you are interest in this position.

＊For those who shortlisted will be contacted. Thank you for your application!!!

Job Types: Full-time, Permanent

Pay: Up to RM18,000.00 per month

Schedule:

• Monday to Friday

Education:

• Bachelor's (Required)

Experience:

• Senior Management of Financial: 8 years (Required)

Language:

• Mandarin (Preferred)