Job Description

This role is responsible for establishing, managing, and leading the corporate finance function for the Shared Services Centre (SSC) in Kuala Lumpur, supporting the set-up of finance infrastructure, strong financial governance, and the company’s strategic and operational objectives.

Key Responsibility

• Establish and manage local banking arrangements, ERP/accounting systems, and payroll funding and cash flow requirements.
• Ensure full compliance with Malaysian statutory reporting, tax, and audit requirements, and adherence to the Group’s policies, procedures, and internal control framework.

ERP Implementation & Systems Management

• Design, manage, and oversee end-to-end ERP implementation in collaboration with external consultants.

Finance Operations

• Oversee day-to-day finance operations across Accounts Payable (P2P), Accounts Receivable (O2C), General Ledger (R2R), and cash management.
• Establish and maintain strong internal controls to safeguard company assets and ensure data integrity.
• Develop, document, and continuously improve finance processes and standard operating procedures (SOPs).

Financial Reporting & Analysis

• Lead monthly, quarterly, and annual financial closing processes.
• Ensure timely and accurate preparation of financial statements and management reports in accordance with IFRS, GAAP, and local statutory requirements.
• Review and analyse financial performance, including variance analysis, and provide insights and recommendations to management.
• Consolidate and report monthly financial results to the Group in a timely manner.

Statutory & Tax Compliance

• Prepare and file annual statutory financial statements for the local entity in compliance with local GAAP/IFRS.
• Oversee local tax compliance, including Corporate Income Tax, VAT/GST, and Withholding Tax.
• Act as the primary point of contact for external statutory audits and internal audits.

Budgeting, Forecasting & Cost Management

• Lead the annual budgeting and periodic forecasting processes.
• Partner with Business Units (BUs) to track actuals vs budget/forecast, investigate variances, and support decision-making.
• Monitor and control operating expenses, including review and approval of purchase requisitions and vendor invoices.

Transfer Pricing & Chargebacks

• Maintain and update the Transfer Pricing and Chargeback model.
• Compute cost recharges to receiving Business Units based on agreed allocation methodologies (e.g. FTE, transaction volumes, time-tracking data).
• Perform year-end true-up calculations to align recharges with actual costs versus budgeted rates.

Job Requirements

• Bachelor’s degree in Accountancy.
• Minimum 10 years of relevant experience with exposure to full-set accounts and end-to-end finance operations.
• Experience managing the finance function of a foreign subsidiary or SSC entity in Malaysia.
• Proven track record in setting up finance functions from scratch (banking, tax registration, ERP implementation, internal controls, accounting policies).
• Experience with external audits (Big 4 or recognised audit firm) is an advantage.
• Strong SAP proficiency and focus on process improvement and automation.
• Solid understanding of transfer pricing principles (Cost-Plus models, intercompany billing).
• Knowledge of Malaysian tax requirements: SST, Withholding Tax, Capital Allowances.
• High independence and self-motivation, capable of operating with minimal on-the-ground support.
• Excellent communication and stakeholder management skills.

Skills