Financial Controller

Shape the Future of Health with Biomedia Holdings

Join a leading life sciences group driving innovation in Microbiology , Oncology , and Infectious Diseases across Southeast Asia. Headquartered in Singapore, Biomedia Holdings empowers healthcare, research, and pharma sectors with cutting-edge diagnostics, therapeutics, and lab technologies. As we expand across the region, we’re looking for bold, agile professionals ready to make an impact. Be part of a team that's transforming science—and saving lives.

Responsibilities

Financial Reporting and Month-End Close:

• Manage end to end month-end closing process for all Malaysia entities
• Ensure timely and accurate preparation of monthly management accounts, including P&L, Balance Sheet, Cashflow, Working Capital and variance analysis.
• Review and ensure accuracy of all AP, AR, GL, inventory, accruals, prepayments, fixed assets, related parties and tax balances.
• Ensure all month-end journals are properly supported, reviewed, approved, and posted within the close timeline.
• Identify and resolve accounting issues before submission to Group Finance.
• Ensure financial reports are compliant with applicable accounting standards, regulatory requirements and Group policies.
• Provide clear explanations for key financial movements, variances, risks and unusual balances.

Balance Sheet Control and Reconciliation:

• Ensure monthly completion of balance sheet reconciliations.
• Monthly review of all balance sheet items.
• Ensure reconciling items are clearly explained, assigned to owners and resolved within agreed timelines.
• Maintain good quality control over balance sheet integrity and ensure issues are escalated early to Group finance.

Accounting Operations: AP, AR, GL and Inventory

• Oversee daily accounting operations across AP, AR, GL, inventory and fixed assets.
• Strengthen subledger posting accuracy and controls. Monitor AP supplier reconciliation and payments, AR collections and credit exposure.
• Ensure inventory accounting is properly controlled.
• Continuous process improvements to reduce manual posting entries and errors.

Budgeting, Forecasting and Business Support:

• Support Malaysia end to end budgeting and forecast process.
• Work with commercial, operations and department heads to ensure forecast assumptions are reasonable and properly supported.
• Review revenue, gross profit, operating expenses, headcount costs, working capital and cashflow forecasts.
• Provide variance analysis for deviations (>5%) against budget, forecast and prior year.
• Support management with financial insights to improve profitability, cost control, cashflow and operational efficiency.
• Partner with business leaders while maintaining strong finance discipline and control.

Cashflow and Working Capital Management:

• Lead monthly Malaysia cashflow forecast and working capital review with Group Finance.
• Monitor AR collections, AP payment planning, inventory levels, supplier terms and customer credit terms.
• Identify cashflow risks and recommend corrective actions.
• Provide monthly reporting on DSO, DPO, DOH, overdue balances and key cash movements.

Tax, Statutory and Regulatory Compliance:

• Ensure compliance with Malaysia statutory, tax, and regulatory requirements.
• Manage corporate tax, SST, withholding tax, LHDN requirements and other applicable tax matters.
• Ensure LHDN e-invoice requirements are properly implemented, monitored, and complied with.
• Ensure transfer pricing documentation and related-party transactions are properly supported and compliant with IRB requirements.
• Coordinate with external tax agents, auditors, company secretary, and regulatory advisors where required.
• Ensure all statutory filings and tax submissions are completed accurately and on time.

Risk Management and Internal Controls:

• Identify financial, operational, tax, compliance, and reporting risks within Malaysia finance.
• Implement and monitor effective internal controls over financial reporting and business processes.
• Ensure compliance with approval authority, delegation of authority, payment controls, journal approval, and documentation requirements.
• Maintain issue logs, error logs, and action trackers for recurring finance issues.
• Escalate material risks, control gaps, and unresolved issues to Group Finance in a timely manner.

Team Leadership and Development:

• Lead, supervise, coach, and develop the Malaysia finance team.
• Set clear responsibilities, deadlines, review standards, and accountability for team members.
• Provide hands-on guidance to accountants, AP, AR, and GL staff.
• Build team capability in accounting standards, close discipline, reconciliations, SAP/ERP usage, reporting, and controls.
• Identify performance gaps and take corrective action where required.
• Develop backups for critical finance tasks to reduce key-person dependency.
• Foster a disciplined, accountable, collaborative, and results-oriented finance culture.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field, with a professional qualification such as ACCA, ISCA, or Chartered Accountant.
• Minimum 10 years of relevant accounting and finance experience, with proven experience in leading teams and managing accounting operations.
• Experience in the trading and distribution industry is preferred.
• Proficiency in ERP systems, preferably SAP Business One (SAP B1); experience in ERP implementation or system enhancement is an advantage.
• Experience in establishing or improving finance processes, accounting systems, and internal controls is preferred.
• Experience in setting up or managing a shared service centre is an advantage.
• Strong knowledge of financial regulations, accounting principles, financial reporting, and analysis.
• Proficient in Microsoft Excel (PivotTables, VLOOKUP) and PowerPoint, including preparation of monthly management reports and presentations.
• Excellent communication and interpersonal skills, with the ability to work effectively with management and cross-functional teams.
• Structured, meticulous, resilient, and execution-focused, with the ability to deliver under tight deadlines.