Job Description
The Finance Manager is responsible for overseeing the financial health of the organization by managing financial planning, budgeting, reporting, and analysis. The role ensures compliance with statutory requirements, internal policies, and contributes to strategic decision-making to drive business growth.
1. Financial Planning & Analysis (FP&A):
- Prepare and monitor budgets, forecasts, and financial plans.
- Provide financial insights and recommendations to management for decision-making.
- Analyze financial performance and identify trends, variances, and improvement opportunities.
2. Accounting & Reporting:
- Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements.
- Oversee accounting processes, including ledger management, reconciliations, and journal entries.
- Ensure compliance with applicable accounting standards (e.g., MFRS/IFRS) and statutory regulations.
3. Cash Flow & Treasury Management:
- Monitor cash flow, manage banking relationships, and optimize working capital.
- Ensure timely payments to vendors, employees, and statutory authorities (EPF, SOCSO, taxes).
4. Compliance & Audit:
- Ensure compliance with local taxation and regulatory requirements.
- Liaise with external auditors during audits and ensure implementation of audit recommendations.
- Develop and maintain internal controls and financial policies.
5. Team Leadership:
- Lead, mentor, and develop finance and accounting staff.
- Delegate tasks effectively and ensure high standards of accuracy and timeliness.
6. Strategic Support:
- Support management in business strategy, investment decisions, and f inancial risk management.
- Participate in financial modeling, cost analysis, and pricing strategies.