SD Guthrie International (SDGI) produces edible oils, palm oil-based biodiesel, nutraceuticals and other palm oil derivatives for the global market. Driven by a philosophy of "Realising possibilities, together", SDGI collaborates closely with customers to develop bespoke solutions, including superior refined oils and fats that are tailor-made to their needs.
Your Mission
Overseeing and managing the Finance Department
Responsible for accurate and timely submission of financial and management reports and ensure adherence to financial, accounting and operational procedures
Responsible for providing accurate and timely submission of financial and cash flow forecast as well as accuracy on forecasting operational performance.
Responsible for annual budgeting and preparing of statutory accounts
Effective management of working capital especially on management of debtors and inventories.
Review and analyse cost accounting report
Actively support the Business Unit Head in value creation and cost reduction initiatives
Recommend and implement internal control and corporate governance processes
Report financial performance, variance analysis and describe the job' s key responsibilities, functions and activities in a concise matter
List amount of time spent on each responsibilities, functions and activities, where possible recommendations for process improvements
Supervise, train and take leadership role in developing accounting staff
Ensure adherence to financial, accounting and operational procedures and prompt submission of monthly financial and operational reports to Head Office.
Design, implement, monitor and review the accounting system and procedures to meet the requirements of both the internal and external auditor.
Liaise with bankers on banking facilities, foreign exchange and money market transactions, letter of credit and other banking matters.
Monitor daily cash flow and project funding requirements for effective control and utilization of excess funds.
Manage foreign exchange exposure and hedge appropriately in accordance with approved company policies.
Provide financial information/analysis to management as and when required.
Liaise closely with marketing department on debt collection and compliance of credit term extended to customers.
Assist management in the formulation of pricing policy for various products in response to changing commodity prices.
Preparation of tax computations for review by Group Tax Department and submission of applications for various tax incentives, such as double tax deduction for R & D expenditure and promotion of export expenses.
Aggregation of the departmental budgets and preparation of the main financial budgets.
Handle annual insurance renewals and attend to all audit queries relating to annual accounts.
Ideal Candidate
Degree or professional qualification in accounting
10 years of experience in finance and accounts including heading the department in various industries such as manufacturing, retail, auditing and management services in both private and public listed companies.
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