Assistant Manager - Account (Financial Planning)

Job Responsibilities:

1) Bank Facilities Monitoring:

• Monitor and manage the company’s bank facilities, including loans, credit lines, and overdrafts.
• Track the utilization of bank facilities, ensuring compliance with the terms, covenants, and repayment schedules outlined in facility agreements.
• Work with the treasury team to ensure efficient use of available facilities, balancing short-term funding needs with long-term financing goals.
• Update senior management on the status of bank facilities, including any upcoming renewals, interest payments, or changes in terms.

2) Cash Flow and Liquidity Management:

• Integrate bank facility information into the company’s cash flow and liquidity forecasts.
• Help ensure the company maintains adequate liquidity to support operational needs, balancing cash inflows and outflows with available financing options.

3) Budgeting and Financial Forecasting:

• Assist in preparing financial budgets and forecasts, ensuring that debt obligations and interest payments are properly reflected.
• Provide insights into the financial impact of using or over-relying on bank facilities, incorporating these into the financial planning process.

4) Debt and Financing Strategy:

• Collaborate with management to develop and execute financing strategies that optimize the use of available bank facilities.
• Assist in the assessment of future financing needs based on projected cash flows, business plans, and market conditions.

5) Scenario Analysis and Risk Management:

• Conduct scenario analyses to evaluate the potential impact of varying financial conditions on the company’s debt structure.
• Identify and propose strategies to manage financial risk related to bank facilities, such as interest rate changes or covenant breaches.

6) Compliance and Reporting:

• Ensure compliance with the covenants and reporting requirements outlined in bank facility agreements.
• Provide regular reports to management on the status of bank facilities, including any risks or concerns that may arise.

7) Cross-Department Collaboration:

• Work closely with other departments to gather necessary information for financial planning and bank facility monitoring.
• Provide support to senior management in decision-making processes related to financing and cash flow.

Job Requirements:

• Education: Bachelor’s degree in Finance, Accounting, Economics, or a related field. Professional qualifications such as CFA, ACCA, or equivalent are an advantage.
• Experience: Minimum 5 years of experience in financial planning, budgeting, or financial analysis, preferably in the financial services or credit industry. Experience with bank facility management is highly desirable.
• Technical Skills:

- Proficiency in financial software, Microsoft Excel, and ERP systems.
- Strong understanding of financial modeling, budgeting, and forecasting techniques.

• Analytical Skills: Strong analytical abilities with the capacity to interpret financial data, identify trends, and provide actionable insights.
• Communication Skills: Excellent verbal and written communication skills in English. Ability to present complex financial information to non-financial stakeholders.
• Attention to Detail: High level of accuracy and attention to detail in financial analysis and reporting.
• Problem-Solving Skills: Ability to identify issues, assess financial risk, and implement solutions to improve financial planning and bank facility management.

Job Type: Full-time

Pay: From RM6,000.00 per month

Benefits:

• Professional development

Schedule:

• Monday to Friday

Application Question(s):

• Soonest availability to start work?
• What is your expected salary?

Education:

• Bachelor's (Preferred)