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Vice President Finance

Vice President Finance

LTS SearchMalaysia, Malaysia
14 jam yang lalu
Penerangan pekerjaan

The VP of Finance is responsible for overseeing all Finance functions across Malaysia operations, including financial and management reporting, policy implementation, compliance, and cost optimization. This role ensures that effective financial controls are in place to safeguard the company’s assets, supports business units in financial decision-making, and drives operational efficiency within the Finance division.

Responsibilities :

1. Financial Leadership & Operations

  • Lead and oversee Finance functions for all Malaysia operations, including Hospitality (Rooms, F&B, Cost Control), Entertainment, Tenancy, Transport, and Utilities, as well as support units (Warehouse, Payroll, Sales & Marketing, Fixed Assets, Project Development, Shared Services, and Administration).
  • Ensure smooth operations, timely reporting, and compliance with statutory, tax, and licensing requirements.
  • Drive continuous improvement by introducing best practices and enhancing financial systems and processes.

2. Compliance & Licensing

  • Ensure timely renewal of the license and adherence to all Ministry of Finance regulations.
  • Maintain compliance with all financial, tax, and statutory requirements to prevent penalties and safeguard company operations .

    • 3. Financial Reporting & Analysis

  • Oversee preparation of accurate, complete, and timely financial and management reports.
  • Establish review processes to detect and correct irregularities or errors in financial statements.
  • Conduct cost monitoring, variance analysis, and performance reviews to support departmental operating margins and business strategies.

    • 4. Cost & Revenue Management

  • Collaborate with business units to monitor key cost drivers, improve margins, and strengthen cost control processes.
  • Recommend operational improvements, tax planning initiatives, and process enhancements to optimize revenue and savings.

    • 5. Credit Control & Risk Management

  • Implement effective credit control policies to balance revenue growth with risk management.
  • Monitor collections, reduce bad debts, and maintain strong relationships with tenants, agents, and other stakeholders .

    • 6. Talent Management & Leadership

  • Develop strategies for talent acquisition, development, and retention within the Finance division.
  • Conduct training, succession planning, and knowledge-sharing sessions to ensure a pipeline of high-performing finance leaders.

    • Major Task

  • Direct and control Finance departments across multiple business units and support functions.
  • Ensure financial and management reporting deadlines are met.
  • Oversee profit planning, statutory submissions, audits, and compliance with accounting standards.
  • Liaise with government authorities, external auditors, and top management on financial and policy matters.
  • Contribute to company-wide initiatives such as feasibility studies, system implementations, and tender evaluations.
  • Chair quarterly Credit Control meetings and actively participate in EXCO and cross-functional discussions.

    • Requirements

  • Bachelor's degree in Finance or a related field
  • Possession of a recognized finance professional certification (e.g., CFA, CPA, ACCA )
  • Proven experience in consulting, ideally within the banking or auditing sector
  • Proficiency in SAP or similar enterprise financial systems

    • #J-18808-Ljbffr

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