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Jobs or company...

Finance Manager

RM 8,000 - RM 10,000 / month
Checking job availability...
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We are seeking a dedicated Finance Manager to oversee and enhance the financial operations within our dynamic group setup. This leading role requires an innovative, analytical, and hands-on individual who can manage the finance function of companies within the group in ensuring the financial health of the business. The ideal candidate should possess extensive knowledge of F&B-specific financial processes, including cost control, inventory management, and compliance, while also providing strategic insights to support business growth.

Key Responsibilities:

1. Financial Strategy and Analysis

  • Develop and implement financial strategies to align with business goals.
  • Conduct financial modelling, budgeting, and forecasting in optimizing operational and capital expenditures.
  • Analyse sales trends, costing, and profitability for different outlets and revenue streams, including dine-in, delivery, catering services or corporate events for the F&B business.
  • Evaluate financial feasibility for marketing campaign, renovations or expansions, new restaurant outlets or franchise opportunities

2. Operational Finance

  • Monitor and manage cash flow closely to ensure liquidity and operational efficiency.
  • Oversee supplier payments, customer billing, revenue reconciliation and payroll processing.
  • Implement cost-control measures in minimizing inventory discrepancies and operational inefficiencies.
  • Manage the point-of-sale (POS) system, daily collection reconciliation, and ensure accurate reporting from all outlets and its different payment channel

3.Compliance and Reporting

  • Prepare and present weekly, monthly, quarterly, and annual financial reports to stakeholders, ensuring it is on quality, accurate and in compliance with regulations.
  • Ensure adherence to taxation, licensing, and F&B industry-specific regulatory requirements (e.g., SST, LHDN, medical and hygiene certifications, etc.).
  • Coordinate audits and act as the main point of contact for auditors.
  • Manage interaction with external stakeholders (e.g., banks, auditors, tax agent, company secretaries, vendors, etc).

4. Team Leadership

  • Lead and develop the finance team to foster a high-performing work culture.
  • Collaborate with operations, marketing, and supply chain teams to ensure financial alignment across departments.

5. Technology and Systems

  • Maintain and manage financial software, including accounting systems, inventory management solutions, and POS integrations.
  • Leverage data analytics to provide actionable insights, supporting decision-making on promotions, menu pricing, and expansions.

6. Management of Related Entities

  • Oversee the financial operations of other businesses within the group, particularly entities in the IT sector.
  • Ensure proper accounting practices, compliance, and reporting standards are maintained across all related entities.
  • Provide financial insights and recommendations to support the growth and sustainability of these businesses.

Qualifications

Education:
Bachelor’s degree in Finance, Accounting, Business Administration, or related fields. Professional certifications (ACCA, CPA, CIMA) are highly advantageous.

Experience:

  • At least 3 - 4 years of financial management experience, preferably in the F&B or retail sectors.
  • Audit background is preferred and encouraged to apply.
  • Strong experience with financial planning and cash flow management in high-volume operations.

Skills:

  • Understanding of F&B-specific financial challenges, including menu costing, inventory control, and efficient collection reconciliations.
  • Proficiency in financial software, accounting tools (e.g., QuickBooks, Xero), and advanced Excel skills.
  • Strong communication skills to convey financial insights to non-financial stakeholders.
  • Ability to manage multiple priorities in a fast-paced, customer-driven environment

Job Type: Full-time

Pay: RM8,000.00 - RM10,000.00 per month

Benefits:

  • Health insurance
  • Professional development

Schedule:

  • Monday to Friday

Work Location: In person