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Finance Manager

Finance Manager

Vesuvius Malaysia Sdn BhdPort Klang, Selangor, Malaysia
5 jam yang lalu
Penerangan pekerjaan

Responsibilities

a. Monthly Financial Reporting

  • Submission of monthly financial reporting in Cognos Controller and related reporting within group timeline
  • Perform month-end closing procedures, including overhead allocations, account reconciliations, and updating closing schedules
  • Identify variances between actual and budgeted financial results at the end of each reporting period

b. Finance Management

  • Supervision of finance department staff
  • Ensure that all financial transactions are processed accurately, in a timely manner, and in accordance with generally accepted accounting principles
  • Manage, oversee, process (as appropriate), and act as backup for processing all the following transactions : payroll, accounts payable, revenue and expense, fixed assets, cash, bank reconciliations, and allocations
  • c. Working Capital Management

  • Overseeing monthly working capital position as per yearly KPI – Cash, Inventory, Debtors and Creditors
  • Overseeing debtor management by ensuring debts are monitored and collected as per payment terms, providing bad debt provisions following group policy
  • Oversee monthly inventory reports, analysis, and allocation of adequate obsolete provision as per group policy
  • Ensure that sufficient funds are available to meet ongoing operational needs
  • d. Costing

  • Oversee monthly variance analysis prepared within the agreed submission deadline
  • Provide costing analyses as needed for margin optimisation, pricing decisions, and cost saving
  • e. Annual Financial and Cost Budget

  • Develop and manage annual financial budgets that are in line with the organization’s financial targets
  • Develop cost budgets for yearly standard product costing in costing system
  • f. Asset Management

  • Oversee company assets for both current and non-current
  • Monitor and track capital purchases for timely asset capitalization, recording asset acquisitions and disposals, useful life and depreciation charges, and maintaining internal and tax books for fixed assets
  • Perform physical asset verification on yearly basis
  • g. Statutory Compliance

  • Ensure compliance with accounting policies and regulatory requirements
  • Liaise with internal and external auditors in accordance with statutory and regulatory requirements
  • Coordinate tax compliance and dealings with tax agents including corporate income tax, Sales and service tax, transfer pricing documentation and other tax-related matters
  • Liaise with bankers, lawyers and other external consultants and relevant government authorities
  • h. People Management

  • Guide, instruct, direct, and lead the team to achieve individual and company goals
  • Coaching, mentoring, developing the team’s skills and managing conflicts
  • i. IT Coordination - PK

  • Coordinate IT-related matters for Halo (Cost system) & SAP with IT support team (India)
  • Coordinate IT hardware / software with external installers / suppliers
  • Qualifications

    a. Education background & knowledge

  • Degree in Accountancy or equivalent. Preferred professional qualification
  • Minimum 5 years working experience in similar capacity
  • b. Experience

  • Over 10 years in accounting field - Financial reporting submission, reporting analysis, statutory audit, tax yearly assessment, daily finance operation activities, banking transactions and other accounting matters
  • Leading accounts payable team by overseeing payment cycles, approval matrix, and correspondence with treasury team for cash flow
  • Banking facilities – LC, Currency Hedging Contract – Working capital forecast / Contract execution, settlement and closing
  • 2 years of auditing – External auditor
  • c. Skills & behaviours

  • Leadership
  • Analytical skills
  • Results oriented
  • Critical thinking
  • Problem solving skills
  • Great interpersonal and communication skills
  • Advanced computer skills including proficiency in Microsoft Office programs & ERP
  • Job details

  • Seniority level : Mid-Senior level
  • Employment type : Full-time
  • Job function : Finance and Sales
  • Industries : Industrial Machinery Manufacturing
  • Note : This description excludes non-essential job postings and site notices. EEO statements remain as applicable.

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