Finance Manager

Purpose of the roleThe School Finance Manager is responsible for the full spectrum of accounting, financial reporting, statutory audit, tax, cashflow and working capital planning and management for the school. This is a pivotal role in delivering high-quality financial analysis and commentary for monthly performance reviews, rolling forecasts and budgeting including monitoring and controlling capital expenditures to align with approved spending plans. This position requires business partnering with the Campus Principal, School Senior Leadership Team (SLT) and Functional Heads and Regional Office.ISP PrinciplesBegin with our children and students.Our children and students are at the heart of what we do. Simply, their success is our success. Well-being and safety are both essential for learners and learning. Therefore, we are consistent in identifying potential safeguarding issues and acting and following up on all concerns appropriately.Treat everyone with care and respect.We look after one another, embrace similarities and differences and promote the well-being of self and others.Operate effectively.We focus relentlessly on the things that are most important and will make the most difference. We apply school policies and procedures and embody the shared ideas of our community.Learn continuously.Getting better is what drives us. We positively engage with personal and professional development and school improvement.Core ResponsibilitiesFinancial Reporting and Analysis:
Responsible for the day-to-day activities of finance function of the school (record-to-report, accounts payables, accounts receivables, cashflow, tax compliance and finance business partnering functions)
Timely and accurate financial and management reporting, in compliance with the applicable governing standards & group reporting requirements.
Prepare and analysis of the Profit & Loss and Balance Sheet of the School including but not limited to deferred income account, accruals, provisions, reconciliations, revenue recognition, discretionary spending and capital expenditure.
Review all journal entry postings and ensure accuracy and completeness of the General Ledger and Sub-Ledger accounts.
Perform month-end review analysis with the Campus Principal and School SLT highlighting variances and facilitating action plans to mitigate gaps to target.
Present financial reports to Campus Principal, Regional Finance, and other stakeholders.Statutory Audit & Tax Compliance
Coordinate and liaise with the external auditors on the annual statutory audit.
Ensure adherence to Group policies and MFRS/IFRS requirements.
Attending to all statutory audit queries in a timely manner and reviewing proposed Adjusting Journal Entries and Reclassifying Journal Entries.
Ensuring compliance to and timely submission for yearly statutory audit and tax.Financial Planning and Budgeting
Collaborate with School SLT to develop annual budgets aligned with educational goals and school strategic plans.
Provide financial forecasts, projections, and analysis to support Campus Principal / Regional Finance in budgetary control for OPEX and CAPEX.
To ensure strict adherence and control on all CAPEX spends and policies to approved budget, including facilitating in the preparation of investment paper where applicable.
Responsible for timely and accurate reporting in line with ISP's protocols.Treasury & Insurance
Ensuring that the school's cash collection target is achieved and monitor collection progress versus target, accurately report daily cash collection and monthly cash flow projections.
Ensuring that the school has sufficient funds to meet its financial obligations.
Ensuring that all the payments to suppliers have been properly reviewed by the finance team prior to payment, exercising clear segregation of duties.
Ensuring that the school has adequate and valid insurance cover in place for all properties, staff, students and visitors to schools (e.g. parents).
Ensuring conformance to ISP authorization all times.Continuous Improvement
Act as a strategic partner to School SLT and Functional Heads by providing financial insights and recommendations.
Identify opportunities for process improvement in financial management and reporting.
Participate in the automation of reporting/forecasting process, enhancement of business processes/ workflows.
Performs other duties as assigned.StakeholdersInternal:Campus Principals, School SLT, School Functional Heads, Regional Office team.
External:Statutory Auditors, Tax Consultants, Bankers, Company Secretary and Local Regulators (MOE, CCM etc)
Line ManagementDirect Report to School Campus Principal and Matrix to the Regional Financial Controller.
The Finance Business Partner / School Head of Finance may subordinate between 2 - 5 direct reports.
RequirementDegree In Bachelor of Accounting, CPA/ACCA/CIMA qualification or equivalent
At least five years' experience in a similar role
Proficient in MS Office tools, particularly Excel
Self-motivated, proactive, committed & a team player
Ability to multi-task and work independently to meet deadlines
Familiarity with NetSuite Oracle accounting system will be added advantage
Excellent time management skills and flexibility in dealing with multi-functional tasks
Good experience in handling full set of accounts.
Commitment to Safeguarding Principles:Tenby Schools is committed to safeguarding and promoting the welfare of children and young people and expects all staff and volunteers to share this commitment. All post holders are subject to appropriate vetting procedures and satisfactory Criminal Background Checks or equivalent covering the previous 10 years' employment history.Employer questions Your application will include the following questions:Which of the following statements best describes your right to work in Malaysia?
Which of the following types of qualifications do you have?
How many years' experience do you have as a finance manager?
How many years of taxation experience do you have?
Are you willing to undergo a pre-employment background check?
Which of the following accounting tasks are you familiar with?
Company profile
Tenby Schools 3.5 • 31 reviewsEducation & Training 101-1,000 employeesThe Tenby Schools GroupTenby Schools is a rapidly expanding group of international and Malaysian private schools in Malaysia. Having started in Ipoh, there are now also Tenby Schools in Penang, Setia Eco Park in Shah Alam, Setia Eco Gardens in Johor Bahru, Setia Ecohill in Semenyih and Tropicana Aman in Kota Kemuning.Our vision is "A United World At Peace - Through Education" and is shared by all our schools. We are dedicated to bring together students from different cultures and nationalities and educate them to become the global citizens of the future - young people with respect for one another, confidence in themselves and the determination to become outstanding achievers.HISTORY AND PRESENTTenby Schools Ipoh was established in 1960 by British expatriates who wanted their children to receive high-quality education based on the British system. The school started as an expatriate kindergarten that became an international school, Tenby International School (TIS), Ipoh, which later expanded to include a private Malaysian school, Sekolah Tenby. TIS, Ipoh is also the first school in the group to offer the Cambridge International A-Level Programme since 2010, alongside the other curricula on the same campus.Tenby Schools Penang began life as a local kindergarten and a private school, with Tenby International School (TIS), Penang being established in 2007. In 2011, the school moved into its current location, a purpose-built campus conveniently located in Tanjung Bungah. The school complex is equipped with modern facilities, supported by a strong faculty of teaching staff.Tenby Schools Setia Eco Park is the first purpose-built school in the group. Located on a 20-acre site in the award-winning Setia Eco Park development, the school offers top-class education from Early Years up to the Sixth Form. Since its establishment in 2008, Tenby Schools Setia Eco Park has become one of the most popular international/private schools in the Klang Valley. The school commenced the Cambridge International A-Level Programme in 2012 for its Sixth Form.Tenby International School, Setia Eco Gardens in Johor Bahru commenced operation in January 2013, offering an international student-centred programme for Early Years, Primary and Secondary students.The Tenby Schools GroupTenby Schools is a rapidly expanding group of international and Malaysian private schools in Malaysia. Having started in Ipoh, there are now also Tenby Schools in Penang, Setia Eco Park in Shah Alam, Setia Eco Gardens in Johor Bahru, Setia Ecohill in Semenyih and Tropicana Aman in Kota Kemuning.Our vision is "A United World At Peace - Through Education" and is shared by all our schools. We are dedicated to bring together students from different cultures and nationalities and educate them to become the global citizens of the future - young people with respect for one another, confidence in themselves and the determination to become outstanding achievers.HISTORY AND PRESENTTenby Schools Ipoh was established in 1960 by British expatriates who wanted their children to receive high-quality education based on the British system. The school started as an expatriate kindergarten that became an international school, Tenby International School (TIS), Ipoh, which later expanded to include a private Malaysian school, Sekolah Tenby. TIS, Ipoh is also the first school in the group to offer the Cambridge International A-Level Programme since 2010, alongside the other curricula on the same campus.Tenby Schools Penang began life as a local kindergarten and a private school, with Tenby International School (TIS), Penang being established in 2007. In 2011, the school moved into its current location, a purpose-built campus conveniently located in Tanjung Bungah. The school complex is equipped with modern facilities, supported by a strong faculty of teaching staff.Tenby Schools Setia Eco Park is the first purpose-built school in the group. Located on a 20-acre site in the award-winning Setia Eco Park development, the school offers top-class education from Early Years up to the Sixth Form. Since its establishment in 2008, Tenby Schools Setia Eco Park has become one of the most popular international/private schools in the Klang Valley. The school commenced the Cambridge International A-Level Programme in 2012 for its Sixth Form.Tenby International School, Setia Eco Gardens in Johor Bahru commenced operation in January 2013, offering an international student-centred programme for Early Years, Primary and Secondary students.Perks and benefits Medical
Miscellaneous allowance
Education support
Dental
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