Finance Executive

FRESH GRAD ARE ENCOURAGE TO APPLY.

Job Summary:

Finance Executive – Automotive Industry

The Finance Executive in the automotive industry plays a vital role in managing financial operations, ensuring cost efficiency, and supporting business growth through financial planning and analysis. This position involves handling financial reporting, budgeting, cost control, and compliance, with a focus on the unique financial challenges of the automotive sector, such as inventory financing, dealer network transactions, and sales forecasting.

Key Responsibilities

• Financial Reporting & Analysis
• Prepare and analyze financial reports, including profit and loss statements, balance sheets, and cash flow reports.
• Monitor key financial indicators such as vehicle sales revenue, dealership financing, and operational costs.
• Provide financial insights to support strategic business decisions.
• Accounts Management & Reconciliation
• Manage accounts payable and receivable, ensuring timely payments to suppliers and dealers.
• Reconcile financial records, including bank statements and supplier accounts.
• Ensure proper invoicing and collection of payments from dealerships and corporate clients.
• Budgeting & Cost Control
• Assist in preparing and monitoring annual budgets for different automotive business units (e.g., sales, aftersales, spare parts).
• Analyze cost structures in vehicle production, distribution, and dealership operations.
• Identify opportunities for cost reduction and operational efficiency improvements.
• Cash Flow & Inventory Financing
• Manage cash flow to support vehicle procurement, manufacturing, and distribution activities.
• Work with banks and financial institutions to manage vehicle financing and dealership credit lines.
• Ensure optimized cash allocation for inventory management and operational needs.
• Compliance & Taxation
• Ensure compliance with industry-specific financial regulations, including tax policies related to automotive sales, import duties, and government incentives.
• Coordinate with auditors, tax authorities, and regulatory bodies.
• Prepare and submit financial reports as required by corporate policies and legal requirements.
• Dealer & Supplier Financial Coordination
• Support financial agreements and transactions with dealerships and suppliers.
• Monitor payment terms, credit limits, and financial risks associated with dealer financing.
• Financial Systems & Process Improvement
• Implement and enhance financial systems for better efficiency in tracking sales, expenses, and profitability.
• Work with ERP systems such as SAP, Oracle, or automotive-specific accounting software.
• Develop financial models to support business planning and forecasting.

Qualifications & Requirements

• Education: Bachelor’s degree in Finance, Accounting, or a related field.
• Experience: Minimum 2–5 years of financial management experience, preferably in the automotive industry.
• Certifications: ACCA, CPA, CFA (preferred but not mandatory).
• Skills:
• Strong knowledge of automotive financial processes, dealership accounting, and inventory financing.
• Proficiency in financial software (SAP, QuickBooks, Oracle).
• Excellent analytical, problem-solving, and communication skills.
• Ability to work under pressure and meet tight deadlines.

Work Environment

• Office-based role with occasional visits to dealerships, suppliers, or corporate partners.
• May require travel for financial audits, dealer network reviews, or business meetings.

Job Types: Permanent, Fresh graduate

Pay: RM1,890.19 - RM3,000.60 per month

Benefits:

• Free parking
• Maternity leave
• Opportunities for promotion
• Parental leave
• Professional development

Schedule:

• Monday to Friday

Supplemental Pay:

• Yearly bonus

Ability to commute/relocate:

• Shah Alam: Reliably commute or planning to relocate before starting work (Required)

Education:

• Bachelor's (Required)

Experience:

• Corporate finance: 2 years (Required)

Location:

• Shah Alam (Required)

Willingness to travel:

• 100% (Required)