Manager, Finance & ProcurementApply locations: Carey Island, Selangor, Malaysia
Time type: Full time
Posted on: Posted 30+ Days Ago
Job requisition id: JR1410
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Job Description:
Job Specification
Finance
Lead & manage general ledger, fixed asset, accounts payable and accounts receivable through local team and shared service processing team.
Prepare and perform monthly analytical review on statement of financial position and income statement.
Review monthly journal to ensure alignment to group policy and accrue for unrecorded liability.
Review and approve CAPEX to ensure the appropriateness of spent according to budget, wear & tear condition, and improve efficiency/profitability.
Coordinate yearly fixed asset sighting to ensure the existence of assets, running good in condition and being located securely.
Review weekly payable & GRIR aging to analyze negative balance and long overdue invoices & un-received invoices. Block payment for any disputed invoices.
Review monthly inventory aging to identify any obsolete, slow moving & risk in NRV.
Backup for AP in the absence of PIC by raising urgent payment and invoice posting request.
Prepare monthly tolling reconciliation to ensure material located at 3rd party is agreed with inventory.
Prepare monthly petty cash reconciliation.
Review weekly receivable aging to ensure no overdue invoices. The review also acts as a precautionary measure to follow up on "going to due" invoices and holding sales order creation for any overdue customer.
Perform payment receipts matching on receivable and issuing debit note.
Review and perform credit assessment on any potential new customer.
Review the validity of credit limit and terms granted on the existing customer by factoring the payment trends, monthly turnover, and updated financial position for debts exposure management.
Perform monthly product profitability analysis on value and volume inputted to production in order to identify any leakages and opportunities to prioritize made products through scarce resources/capacity (if any).
Perform monthly cost run to revalue inventory item.
Prepare, review and analyze monthly overhead through departmental basis against budget and forecast for cost control & monitoring.
Prepare and manage weekly cashflow forecast to enhance net cash inflow position.
Prepare monthly and quarterly corporate reporting package.
Prepare monthly P&L forecast.
Prepare yearly budget allocation plans for expenditure and CAPEX.
Identify & manage potential risks & opportunities arising from external factors (forex fluctuation, fiscal policy, etc.) through hedging.
Assess the effectiveness of BU's controls to align and comply with Group Policy requirements.
Prepare monthly SST, imported tax, and WHT submission.
Tax planning and preparation of monthly deferred tax & tax computation.
Attend to auditor request and review of statutory reporting.
Provide guidance to the team in issue solving and process improvement.
Ad-hoc assignment.
Procurement
Lead and assist in Procurement related matters.
Review every single source sourcing request.
Review monthly opened PO aging.
Review and approve for new vendor creation. Verification on newly setup or change in bank details.
Assist Procurement in business unit tender to ensure processes are transparent and aligned with group policy.
Job Requirement
Preferably graduated with a Degree in Finance / Accounting; or completed Accounting Professional Qualifications (e.g. ACCA/CPA/MICPA).
Preferably with 10 years of experience in Finance / Accounting / Auditing and able to handle full set of accounts.
Preferably with 3 years of experience in managerial roles.
Preferably with a proven track record of stakeholder management.
To apply, please submit your resume and cover letter outlining your interest for this role.#J-18808-Ljbffr