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Assistant Finance Manager [ Shah Alam - Retail Industry ]

RM 6,000 - RM 6,498 / month

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Financial Planning & Analysis
- Develop financial strategies, budgets, and forecasts to support retail and e-commerce growth.
- Monitor key financial metrics such as sales performance, profit margins.
- Provide support to financial analysis and provide insights to support business decisions.
- Review operating expenses and cost of goods sold (COGS) to identify opportunities for cost control and optimization.
- Assess gross and net profit margins to evaluate overall business profitability.
Financial Management & Accounting Operations
- Oversee and manage the full set of accounts for Malaysia, Singapore and Hong Kong entities, ensuring compliance with local financial regulations and tax requirements.
- Oversee daily operations and address escalated issues on Accounts Payable processing, Accounts Receivable matters and banking transactions and reconcialiations.
- Oversee and ensure timely completion of financial statements, management reports, and statutory filings.
- Ability to lead the annual stocktake process, work closely with related departments to ensure the accuracy of stock quantities.
- Monitor cash flow, budgeting, and forecasting to optimize financial performance.
- Ensure compliance with accounting standards, tax regulations, and company policies.
- Manage month-end and year-end closing processes.
- Oversee and review petty cash payment, staff claims payment and cash advance payment processing
Consolidation
- Consolidate financial data across multiple entities and business segments to ensure accurate group reporting.
- Perform intercompany eliminations and adjustments to reconcile balances.
- Analyze consolidated financial performance to identify trends and provide strategic insights to leadership.
- Prepare consolidated financial statements, including balance sheets and income statements..
Compliance & Taxation
- Liaise with auditors, tax authorities, and external stakeholders for audits and financial reviews.
- Address audit issues and adjustment proposed by external auditor to finalise statutory accounts.
- Operational Efficiency & Process Improvement
- Streamline financial processes and reporting systems for greater efficiency.
Implement best practices and automation tools to improve accuracy and productivity.
Business Expansion & Financial Process Development
Design and implement financial templates, workflows, and reconciliation processes to support new business models