company-logo-image

FINANCE MANAGER – CONVENTIONAL, MARINE & RENTAL

ashley-avatar-image

AI-generated summary

beta

This job is for a Finance Manager overseeing Conventional, Marine & Rental services, focusing on financial planning, analysis, and reporting. You might like this job because it offers leadership opportunities and requires working with diverse financial operations.

Undisclosed

Malaysia, Kuala Lumpur

Job Description

FINANCE MANAGER – CONVENTIONAL, MARINE & RENTAL

Posted 6 months ago

POSITION : MANAGER

JOB SUMMARY :

We are looking for a Finance Manager who will direct and manage multiple operations related to Conventional, Marine And Rental services. As the Finance Manager for Conventional, Marine, and Rental, you will play a key role in managing and overseeing the financial operations within these specialized sectors. Your primary responsibilities include financial planning, budgeting, analysis, and reporting.

ESSENTIAL DUTIES AND RESPONSIBILITIES :

1. Financial Operation

  • Co-ordinate, consolidate, review, finalize, and approve Westports’ Conventional section’s financial performance and position for adoption on a monthly, quarterly, and annual basis by understanding internal management, operation, and business direction, latest changes in approved accounting standards and industrial practices, reviewing historical trending and variance analysis.
  • Direct, develop, and maintain financial reporting systems, policies, processes, and procedures to ensure timely, reliable, and accurate reporting of financial numbers on day to day basis by understanding internal business operating models, operating risks, processes, policies, procedures, control principles, etc
  • Responsible for vendors’ invoicing and arranging for payment processing and driving resource efficiency in these areas.
  • Responsible to drive digitalization to achieve touch-less financial close
  • Lead and set annual division goals and objectives for the team. Develop, coach, and counsel team members on an ad-hoc and annual basis by understanding their development points, training needs, and career development plans.
  • Perform financial analysis, budgeting, reporting, and management task.
  • Comply with LPK by-law, regulatory requirements
  • Create and maintain good rapport with internal and external customers.

2. Contract Management 

  • Monitor and manage contract terms, pricing, and market comparison. 
  • Manage and analyze contracts to ensure the finance terms are favorable to cost management directives and incorporate value-added service. 
  • Ensure that there is a variety of reputable vendors registered in the system to support conventional operations. 
  • Monitor subtenant compliance with contracts for landed clients. Verify agreements with landed customers and suppliers.

3. Cost Management

  • Ensure that the expenses are 10% below the budgeted amount based on the current volume.
  • Manage monthly reports on current spending and make sure they are submitted for review within the timeline. (e.g.: P&L, BS, and BPR based on volume)
  • Control and monitor all OPEX and conventional finance procurement activities.

4. Billing

  • Identify tax incentives and programs by the Government and GLC that the company can participate in to reduce overall costs.
  • Develop an action plan with the respective PICs in the department to put in place programs that can maximize tax returns.
  • Monitor legislative and regulatory tax law development and create strategies to capitalize on changes to taxation legislation.

5. Financial Reporting 

  • Control and evaluate budget usage
  • Advise operations and management of prospective cost increases and a decline in revenue. 
  • Establish the upcoming year’s budget.
  • Conduct a study on disruption to finance due to volume, which is impacted by routes, materials (supply vs demand), regulatory, and market/economic conditions. 

SKILLS AND REQUIREMENTS :

  • Degree in Finance and related studies. 
  • Minimum of 5 years of working experience in a similar capacity.
  • MIA membership/ Chartered Accountants or equivalent qualifications (ICAEW, ACCA, CA, MICPA, etc).
  • 3 years of Audit Experience, Big 4 experience is an added advantage
  • Able to work independently.
  • Experienced in finance automation.
  • Good business acumen
  • Comfortable to be in a leadership role, able to drive change.

Human Resources Department
Westports Malaysia Sdn Bhd
5th Floor, Tower Block, P.O. Box 266, Pulau Indah, 42009 Port Klang, Selangor Darul Ehsan
Tel: 03-3169 4000 Fax: 03-3169 4101

All applications will be treated strictly private and confidential.

  1. Only shortlisted candidates will be notified within 2 weeks (14 business days).
  2. Unsuccessful candidate’s application will be KIV for future opening.
  3. Kindly prepare the following documents prior to applying as these attachments are mandatory.
    • Profile Picture (jpeg, jpg and png file only)
    • School education certificate (jpeg, jpg and png file only)
    • Tertiary education certificate (jpeg, jpg and png file only)
    • Resume (pdf file only)


Job Requirements


Company Benefits

Medical Benefits

At WestPorts, we provide medical benefits for our employees, outpatient and inpatient.

Free Parking

Free in-house parking available for all staff!

In-House Amenities

We have a free in-house indoor gym and badminton court for staff to use.


Additional Info

Company Activity

Last active - few hours ago


Company Profile

Westports Malaysia-logo-image

Westports Malaysia

Westports primarily manages port operations dealing with container and conventional cargo. It also provides a wide range of port services, including marine services, rental services and other ancillary services.

Westports is located in Port Klang and it is one of the three main ports in the Straits of Malacca that handles gateway and transhipment container cargo, all of which are located in close proximity to the main shipping route along the Straits of Malacca. These ports have the advantage of natural deep water berths which allow them to accommodate large vessels.

Westports serves as the main gateway for container and conventional cargo for central Peninsular Malaysia hinterland. Our container business has grown exponentially from 20,000 Twenty-foot Equivalent Units (“TEUs”) in 1996 to 10.85 million TEUs in 2019. Our market share of container business represents 80% in Port Klang in 2019.

In 2020, the company recorded container volume of 10.5 million TEUs marking us the first and only terminal in Malaysia has handled above 10 million TEUs in a calendar year. For the same period, the conventional cargo recorded 10.9 million tonnes.

Westports’ success is nothing short of phenomenal as it is the leading mega transhipment hub in Malaysia for the main shipping lines. Besides, the success is also attributable to our strategic location, deep channel and wharf, linear berth, high productivity, dedicated young and vibrant employees, connectivity to more than 350 ports around the world, amongst others.

Source: wesportsholdings.com