Executive recruitment company Monroe Consulting Group Malaysia's Finance & Accounting Division is recruiting on behalf of an US MNC and a market leader in F&B supplies. Our respected client is seeking for an experienced Assistant Finance Manager.
Job summary
The ideal candidate will be responsible to support the finance department by overseeing financial operations, ensuring accurate reporting, and maintaining compliance. He/She will lead financial analysis, assist with budgeting, and manage audits, tax submissions, and payroll. The role also involves handling special projects, implementing new systems, and providing leadership to the team while ensuring effective communication across departments. This role will be reporting to the Finance Manager and based in KL.
Job Responsibilities:
Management Reporting
- Lead monthly and yearly closing activities, ensuring deadlines are met.
- Review and approve accounting entries, reports, and reconciliations.
- Identify and resolve issues promptly, reporting any significant matters to the superior.
- Finance Daily Operations
- Manage the daily finance operations, liaising with the ERP team for issue resolution.
- Oversee and review payment processes and ensure compliance with internal controls.
- Propose and implement process improvements in coordination with the finance team.
- Statutory Reporting and Compliance
- Lead audit, tax submission, and compliance activities, ensuring timely and accurate completion.
- Manage ad hoc audits, including tax and customs audits.
- Ensure compliance with local regulations and update management on changes.
Financial Analysis and Budgeting
- Prepare and submit various financial and business analysis reports.
- Assist in the annual operating plan (AOP) preparation and flash forecasts.
- Provide financial insights and recommendations to support business decisions.
- Support Strategic Planning
- Assist in strategic planning and business reviews by preparing necessary financial forecasts and reports.
- Coordinate and prepare reports for key business meetings.
- Process Improvement Initiatives
- Lead and support finance improvement projects involving digital tools like PowerBI and ERP systems.
- Work with IT and other departments to enhance data analytics and reporting capabilities.
- Backup Duties
- Act as backup for the Finance Manager during absences, including payment authorization and meeting representation.
- Customer and Stakeholder Engagement
- Engage with cross-functional teams, and external partners to streamline finance operations.
- Manage escalations and ensure effective communication with stakeholders.
HR Matters
- Oversee the entire payroll process, ensuring timely and accurate payment of salaries, allowances, bonuses, and
- deductions.
- Manage the administration of employee health benefits, including medical insurance, hospitalization coverage, and other welfare programs.
- Ensure accurate calculation and timely remittance of income tax (PCB) for all employees in accordance with
- Malaysian tax laws.
- Oversee the calculation and submission of statutory contributions, including EPF, SOCSO, and EIS, ensuring full compliance with Malaysian regulations
Job Requirements:
- Degree in Accounting, Finance, or a related qualification; professional certifications are an advantage.
- At least 5 years of related experience.
- Strong knowledge of accounting principles and financial operations.
- Proficiency in Microsoft Office (Excel, Word, PowerPoint, PowerBI) and familiarity with ERP systems (e.g., SAP S4 HANA, D365).
- Excellent analytical, organizational, and problem-solving skills.
- High degree of initiative, ability to multitask, and meet deadlines in a fast-paced environment.
- Strong communication skills and the ability to work with internal and external stakeholders.
- Experience in F&B or FMCG environments and multinational companies or shared service centres.
- Knowledge of E-invoice regulations and transfer pricing.
- Familiarity with financial improvement projects and credit control.
