Finance Manager
Job Summary
The Finance Manager oversees the organization's financial health by managing planning, budgeting, reporting, and analysis. This role ensures compliance with statutory requirements and internal policies while providing strategic insights. The position also involves leading the finance team and managing treasury and risk functions.
Responsibilities
- Manage financial planning, budgeting, and forecasting
- Oversee accounting operations and financial reporting
- Ensure statutory and regulatory compliance
- Lead and mentor the finance team
- Provide strategic support for business decisions
Required Skills
- Bachelor’s degree in Accounting or Finance
- Professional qualification (CPA, ACCA, CMA)
- 5–7 years experience in finance/accounting
- 2+ years in a managerial role
- Expertise in MFRS/IFRS and financial regulations
Job Details
Responsibilities:
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 financial risk management.
- Participate in financial modeling, cost analysis, and pricing strategies.
Requirements:
- Bachelor’s degree in Accounting, Finance, or related field.
- Professional qualification (e.g., CPA, ACCA, CMA) preferred.
- Minimum 5–7 years of relevant experience in finance/accounting, with at least 2 years in a managerial role.
- Strong knowledge of financial regulations, accounting standards, and corporate finance.