Finance Manager

Job Title : Group Finance Manager

Location : Demak Laut, Kuching

We are seeking a highly motivated and experienced Group Finance Manager to lead and oversee all financial operations for our growing company. You will be responsible for a wide range of tasks, including financial reporting, budgeting, forecasting, risk management, and internal controls. You will play a key role in driving financial performance and providing strategic insights to support the achievement of our business goals.

Responsibilities

1.Financial Reporting & Analysis:

• Provide and perform in-dept analyses of financial data, identifying trends, identifying opportunities for improvement and cost reduction and providing insights to support informed decision-making to Directors and Senior Management Team.
• Perform financial and variance analysis of the Group results monthly and ad hoc.
• Develop and implement comprehensive financial strategies, developments and plans to achieve company objectives.
• Implementing and maintaining robust financial reporting systems and procedures.
• Managing relationships with external auditors and ensuring adherence to auditing standards.
• Managing relationships with bankers and staying up to date with the latest news, trends and incentives.
• Review of GL account postings on a periodical basis, subject to the Director's discretion, to ensure accuracy and following general account practices.
• Ensure proper reconciliations are done between operation and accounting software.
• Responsible for all aspects of account/financial-related activities including accounting, financial reports and analysis, auditing, taxation for the Group.
• Responsible for preparation and consolidating of monthly management reports, financial statements and cash flow forecast and projection.
• Timely preparation of Group consolidated financial statements and Annual Report for regulatory reporting in compliance with the listing requirement and any other regulatory bodies.

2.Budgeting & Forecasting

• Develop and maintain detailed budgets and forecasts,including monitoring variances and taking corrective action as necessary.
• Implement comprehensive short term and long term budgets for the entire group.
• Conducting regular variance analysis,identifying deviations from the budget,and recommending corrective actions.
• Creating reliable financial forecasts to support strategic planning and investment decisions.
• Monitoring KPIs and providing regular updates to senior management.

3.Risk Management & Internal Controls

• Identifying and assessing financial risks facing the company,including market risks,liquidity risks,and operational risks.
• Developing and implementing comprehensive internal control policies and procedures to mitigate these risks.
• Monitoring the effectiveness of internal controls and taking corrective action as needed.

4.Treasury & Financial Strategy

• Overseeing the management of the company's cash flow,including forecasting,funding,and investment activities.
• Collaborating with the Directors to develop and implement financial strategies that align with the company's overall business objectives.
• Sourcing and negotiating financing arrangements,such as government grants, bank loans and lines of credit.
• Managing currency exposure and mitigating foreign exchange risks.

5.Leadership & Team Management

• Lead and manage the Finance team,including setting goals,providing guidance,and ensuring team effectiveness.
• Manage and develop the Group Finance team, including identifying and recruiting qualified personnel.
• Coordinate and oversee audit exercises, also liaise with external auditors and other stakeholders,providing accurate and timely financial information.
• Fostering a culture of positivity, professionalism, ethics and etiquette as well as integrity and loyalty.
• Monitor the smooth running of the department's functions and ensure proper internal controls and systems is in place. This will require working together with other HOD.

6.Legal Compliance

• Compliance with statutory requirements and enforcing policies, guidelines, and procedures.
• Comply with all Acts, laws, articles of associations, rules and regulations pertaining to and/or affecting the Company's business and be conversant with all statutory updates (where required) as may be introduced thereto.
• Update with the latest applicable accounting standards and other developments in accounting.

7.Additional Duties

• Represent the company at external meetings and conferences.
• Represent the Finance Department at meetings and presentations.
• Stay up-to-date on financial trends and best practices.
• To perform any other tasks as and when requested by Management from time to time.
• To keep up to date with external parties, maintain good relationship with others and able to represent the company at all and any functions.
• Liaising with other departments (e.g.,operations,sales,marketing) to ensure coordination and alignment with financial goals.
• Manage multiple projects and priorities simultaneously.
• Travel periodically to visit other company locations.

Qualifications

• Bachelor's degree in accounting,finance,or a related field,preferably with a professional qualification (e.g.,CPA,CMA).
• Minimum 7-10 years of experience in a senior finance role,ideally within a multinational or multi-site organization.
• Proven track record of success in a fast-paced,demanding environment.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills,with the ability to effectively communicate complex financial information to diverse audiences.
• Proven leadership and team management skills.
• Ability to work independently and manage multiple priorities simultaneously.
• Proficiency in relevant financial software (e.g.,ERP systems).
• Strong understanding of Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).
• Experience working with international accounting standards is a plus.
• Existing relationship with bankers is a plus