Head of Finance (PJ)

Full Time, onsite
Michael Page
Petaling Jaya, Malaysia

Salary undisclosed

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Excellent opportunity to be part of a high growth MNC|Attractive Remuneration for the successful candidate

About Our Client

The organisation we are working with is a leading company in its industry. They have grown massively in the past 50 years and have future plans on innovation on this day & age.

Job Description

Understand business activities and their correct reflection in IFRS and local GAAP (statutory) reporting
Ensure accuracy of LE's local financial statements (statutory/IFRS reporting and direct/indirect tax reporting)
Ensure timely submission of local/statutory financial statements in accordance with local regulations
Manage timely monthly closings in line with instructions from headquarter
Ensure timely, accurate and exhaustive submission of IFRS reporting to the Group consolidation and reporting system i.e. Sigma in accordance with Group accounting principles
Review LE's monthly results and explain main variances versus Budget, Forecast and Prior Year performance and provide Headquarter with comments on relevant accounting topics based on the LE's P&L and Balance sheet analysis
Perform comprehensive reconciliations between IFRS reporting and local / statutory financial statements and explain / support potential differences
Ensure timely and accurate cash forecasting for the LE
Lead the audit of the local / statutory financial statements and lead the audit of the IFRS financial statements and additional information (i.e. notes to the financial statements) for Group consolidation and reporting purposes for LE that are in full scope audit.
Manage local tax audits in close coordination with Group Corporate Tax Department and tax advisors
Seek guidance on IFRS (Group Accounting Manual or Group Accounting, Consolidation and Reporting Director), local Gaap and tax regulations for new business cases to ensure compliant execution and implementation
Ensure correct transfer pricing adjustments and royalty calculations in line with corporate transfer pricing rules and methodologies
Ensure that internal controls are in place to detect that all departments are following required processes and ensure their operations are accurately accounted for.
Escalate compliance risks to Managing Director of the LE and Headquarter. Define an action plan to address the compliance risk and highlight where help is needed.

The Successful Applicant

Minimum 7- 10 years' experience and has led a finance team
Preferably with professional qualification such as ACCA, CIMA, CPA or its equivalent
Excellent leadership skills and able to motivate and develops others;
Aggressive, visionary and willing to take calculated risk for dynamic business growth;
Attentive to details, alert and capable of identifying business growth & cost saving opportunity as well as process improvement alternative;
Strong understanding of latest accounting standard;
Strong reporting and organizational skills.

What's on Offer

You will be rewarded with an attractive package of