Head of Finance MYSG

Financial Planning and Analysis

• Budgeting and Forecasting : Lead the preparation and management of the company's annual budget and forecasts. Ensure financial targets are aligned with the organization’s strategic goals.
• Financial Performance Analysis : Monitor and analyze financial performance, identifying variances from budgets and forecasts. Provide insights into cost control, profitability, and operational efficiency.
• Reporting : Prepare detailed financial reports, such as income statements, balance sheets, cash flow statements, and other financial summaries for senior management and stakeholders.
• Scenario and Risk Analysis : Conduct financial scenario modeling and risk assessments to support strategic decision-making.

Accounting and Financial Reporting

• General Ledger Management : Oversee the general ledger accounting process, ensuring accurate record-keeping and reconciliations for all accounts.
• Month-End and Year-End Closing : Supervise the monthly, quarterly, and annual closing processes, ensuring all financial transactions are recorded accurately and timely.
• Financial Statements Preparation : Ensure the preparation of accurate and timely financial statements in accordance with accounting principles (e.g., GAAP or IFRS).
• Tax Reporting and Compliance : Oversee the preparation and submission of tax returns, ensuring compliance with local, state, and federal tax regulations.

Cash Flow Management

• Cash Flow Monitoring : Monitor cash flow to ensure that the organization has enough liquidity to meet its obligations and business needs.
• Working Capital Optimization : Manage working capital, including accounts receivable, accounts payable, and inventory, to optimize cash flow.
• Treasury Functions : Manage the company's cash, banking relationships, and short-term borrowing requirements, ensuring sufficient funds are available for day-to-day operations.

Internal Controls and Compliance

• Financial Controls : Establish and maintain internal controls to safeguard the organization’s assets and ensure the integrity of financial reporting.
• Compliance and Audits : Ensure compliance with financial regulations, accounting standards, and corporate policies. Coordinate with external auditors for annual audits.
• Regulatory Reporting : Ensure adherence to financial regulations, including tax laws, accounting standards, and industry-specific regulations. Keep up-to-date with changes in financial regulations.

Team Leadership and Management

• Supervising Accounting Team : Lead and manage the finance and accounting team, providing guidance and ensuring accurate and efficient financial reporting.
• Training and Development : Develop and implement training programs to enhance the team’s skills and ensure knowledge of accounting practices, financial systems, and compliance.
• Performance Management : Conduct performance evaluations and provide regular feedback to team members, fostering an environment of continuous improvement.

Financial Systems and Tools

• ERP and Accounting Software Management : Oversee the use and maintenance of financial systems and accounting software (SAP), ensuring data accuracy and system efficiency.
• Automation and Process Improvement : Implement automation solutions to streamline financial processes, improve reporting accuracy, and reduce manual tasks.

Strategic Decision Support

• Business Strategy Support : Provide financial insights and recommendations to senior management to guide business decisions, such as mergers, acquisitions, or capital investments.
• Cost Management : Lead initiatives to identify cost-saving opportunities, optimize operating expenses, and improve profitability.
• Investment Analysis : Evaluate and analyze potential investment opportunities, capital expenditures, and financial risks to ensure sound financial decisions are made.

Job Requirements:

• Bachelor's degree in Accounting or Financial Management.
• Having min 10 years of work experience, with min 3 years in leading a team in the finance or accounting field.
• Experience in FMCG.
• Having experience in preparing data for internal and external use.
• Open minded person
• Willing to work in Puchong area.
• Eligibility to work in Malaysia without visa sponsorship.