Job Description

The successful candidate will be responsible for establishing, managing, and leading the corporate finance function for the Shared Services Centre (SSC) in Kuala Lumpur. He/She will play a key role in setting up the finance infrastructure, ensuring robust financial governance, and supporting the company's strategic and operational objectives. 

Key areas of responsibility include:

• Setting up and managing local banking arrangements. 

• Implementing and maintaining the local Enterprise Resource Planning (ERP) / accounting system. 

• Managing payroll funding and related cash flow requirements. 

• Ensuring full compliance with Malaysian statutory reporting, tax, and audit requirements. 

• Ensuring adherence to the Group’s policies, procedures, and internal control framework. 

Key Responsibilities

ERP Implementation and Systems Management

• Design, manage, and oversee end-to-end implementation in collaboration with external and suitable 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 the company’s assets and ensure data integrity. 

• Develop, document, and continuously refine finance processes and standard operating procedures. 

Financial Reporting and Analysis 

• Lead and manage monthly, quarterly, and annual financial closing processes. 

• Ensure the timely and accurate preparation of financial statements and management reports in accordance with International Financial Reporting Standards (IFRS), Generally Accepted Accounting Principles (GAAP) and local statutory requirements. 

• Review and analyse financial performance, including variance analysis, and provide meaningful insights and recommendations to management. 

• Consolidate and report monthly financial results to the Group in a timely manner. 

Statutory and Tax Compliance

• Prepare and file annual statutory financial statements for the local entity in compliance with local GAAP/IFRS. 

• Oversee all aspects of local tax compliance, including Corporate Income Tax, Value-Added Tax (VAT)/Goods and Services Tax (GST) returns, and Withholding tax 

• Act as the primary point of contact for external statutory audits and internal audits of the company. 

Budgeting, Forecasting, and Cost Management

• Lead the annual budgeting and periodic (e.g., quarterly) forecasting processes for the company. 

• Partner closely with Business Units (BUs) to understand operations, track actuals versus budget/forecast monthly and investigate budget variances. 

• Monitor and control operating expenses, including review and approval of local purchase requisitions and vendor invoices related to the company's operations. 

Transfer Pricing and Chargebacks

• Maintain and periodically update the Transfer Pricing and Chargeback model. 

• Compute costs to be recharged to receiving Business Units based on agreed allocation methodologies (e.g., Full-Time Equivalent (FTE) count, transaction volumes, time-tracking data). 

• Perform year-end “true-up” calculations to align recharges with actual costs versus budgeted rates. 

Job Requirements

• Possess a Bachelor’s Degree in Accountancy.  
• At least 10 years of relevant experience with strong exposure to the full set of accounts and end-to-end finance operations.  
• Prior experience managing the finance function of a foreign subsidiary or an SSC legal entity in Malaysia.  
• Demonstrated track record in setting up finance functions from the ground up (e.g., bank account opening, tax registration, systems implementation and setup, internal controls, and accounting policies).  
• Experience in external audit (with a recognised audit firm) is an advantage.  
• Strong systems proficiency in SAP and a process-improvement mindset, with a focus on automation and efficiency.  
• Solid understanding of transfer pricing principles, particularly “Cost-Plus” models and intercompany billing mechanics.  
• Strong working knowledge of Malaysian tax requirements, including Service Tax (SST), Withholding Tax and Capital Allowances.  
• High level of independence and self-motivation; comfortable operating in a standalone capacity in the initial phase, with limited on-the-ground support.  
• Excellent communication and stakeholder management skills.

Skills