Finance Manager

Main Purpose:

The Finance Manager will serve as a strategic partner to the CEO, playing a critical role in achieving the company’s Vision & Mission. This role requires strong financial leadership, operational oversight, and strategic financial planning to ensure the smooth running of the company’s financial and accounting functions.

Key Responsibilities:

1) Leadership & Team Management:

• Lead and manage the Finance & Accounts team, overseeing all financial activities and ensuring alignment with the company’s goals.
• Conduct daily briefings with the finance team to ensure smooth operations and adherence to Standard Operating Procedures (SOPs).
• Provide leadership and mentorship, conducting performance appraisals and fostering a culture of continuous improvement

2) Financial Operations Management:

• Oversee daily financial operations, ensuring timely and accurate billing, payments, and collections in Accounts Receivable (AR) and Accounts Payable (AP).
• Verify and approve product costing, ensuring accuracy and alignment with company objectives.
• Review and approve key financial documents such as payment vouchers, journal vouchers, invoices, and legal agreements.
• Ensure proper recording of accruals, rental, wages, deposits, prepayments, and insurance in the system.

3) Reporting & Analysis:

• Prepare and present monthly financial reports.
• Review and approve monthly bank reconciliations and journal entries (e.g., depreciation, wages, salaries).
• Prepare and review Budget vs. Actual reports and Key Performance Indicator (KPI) reports for management and Heads of Departments (HODs).
• Perform weekly reviews of cash flow, customer aging, and outlet cash bank-in reports.

4) Strategic Financial Planning:

• Assist in the preparation and compilation of the company’s annual budget, ensuring alignment with financial targets and business goals.
• Set KPIs for the next financial year and monitor progress against them.
• Provide strategic insights and financial analysis to the CEO and senior management to guide business decisions.

5) Compliance & Taxation:

• Ensure timely submission and filing of SST, E-Invoicing and other tax-related matters.
• Prepare and submit CP204 for tax purposes and manage tax returns to the Inland Revenue Board (IRB).
• Liaise with auditors, tax agents, company secretaries, bankers, and regulatory bodies to ensure compliance with statutory requirements.

6) Audits & External Relations:

• Coordinate and review audit requirements, ensuring the accurate preparation of audit listings.
• Collaborate with external auditors during stock take and year-end financial audits.
• Maintain strong relationships with external stakeholders including banks and financial institutions

7) Ad Hoc Duties:

• Perform any other related duties or ad-hoc assignments as directed by the CEO to support overall business objectives.

Weekly Responsibilities:

• Review cash flow and customer aging reports with the Assistant Accountant.
• Approve weekly payment cycles and monitor financial transactions.
• Update Work in Progress (WIP) reports and ensure financial accuracy.

Monthly Responsibilities:

• l Oversee the preparation of monthly financial reports and discuss findings with management.
• Approve key financial transactions, including journals for depreciation, wages, and other expenses.
• Submit SST filings and monitor financial compliance.

Yearly Responsibilities:

• Lead the preparation and review of the company’s annual budget and financial KPIs.
• Ensure smooth coordination with auditors and regulatory bodies for yearly audits and compliance.
• Assist in stock take procedures with auditors and oversee year-end financial reporting.

Job Types: Full-time, Permanent

Pay: Up to RM10,000.00 per month

Education:

• Bachelor's (Preferred)

Experience:

• Financial Management: 5 years (Preferred)