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Job Description:
Job Specification
- 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 in forecasting operational performance.
- Responsible for annual budgeting and preparing statutory accounts.
- Effective management of working capital especially on management of debtors and inventories.
- Review and analyze 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.
- 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 the 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.
Job Requirement
- Preferably graduated in bachelor's degree in accountancy.
- Preferably possess professional accountancy membership (e.g. ACCA/ CIMA/ ICAEW).
- Preferably with minimum of 8 years working experience in FMCG industry.
- Experience working in MNC is an added advantage.
Only shortlisted applicants will be contacted.
To apply, please submit your resume and cover letter outlining your interest for this role.