Company Background:
Our client is well-known in supplying and distributing popular brands products in the FMCG market. They are currently looking for a Chief Financial Officer to be based in Subang Jaya, Selangor.
Job Purpose and Overall Scope:
Working under Managing Director, assisting in building great and proper financial / legal position for the company.
Job Responsibilities:
Financial Strategy and Planning:
- Develop and execute comprehensive financial strategies in line with company objectives.
- Initiate new deal of financial opportunities (including new bank account opening, government support program etc).
- Oversee budgeting, forecasting, and financial planning processes.
- Analyze financial data to provide insights and recommendations to top management
Financial Operations:
- Manage cash flow, investments, and financial reporting to ensure optimal financial performance.
- Ensure building relationships with banks for better deal and interests.
- Build SOPs of the sales trade spending process and have timely meeting with sales team to discuss how to minimize the trade spending to ensure better financial position.
- Monitor financial performance and identify areas for improvement.
- Oversee the whole working flows (SOPs) in the company from finance point of view and the integration of the Company's accounting system, with other core systems (e.g., sales and inventory system) to ensure accuracy.
- Ensure accurate and timely payments are made to licensors
- Ensure the Company adopts a policy for slow-moving/aging inventory.
- Ensure the Company provisions for sales returns.
- Revaluate intangible asset capitalization policies, particularly pertaining to the capitalization of listing fees as an intangible asset.
- Ensure timely and accurate tax payments are made to relevant tax authorities and parties.
- Effectively manage the audit process and ensure timely submissions and filings.
- Ensure the proper Company Secretary documentations.
Risk Management:
- Assess and mitigate financial risks while implementing internal controls to safeguard company assets. (including legal documentations, the Company's licences, Trade Mark applications, etc)
- Evaluate potential investments and acquisitions to support growth strategies.
- Effectively manage capital structure to ensure strong solvency and long-term financial health.
Leadership and Collaboration:
- Collaborate with Managing Director/CEO and executive team to align financial goals with overall business objectives.
- Lead, mentor, and develop the finance team to foster a high-performing environment.
- Partner with cross-functional teams (e.g., operations, sales, marketing) to drive efficiency and profitability.
Stakeholder Communication:
- Present financial information and insights to the Board, investors, and external partners.
- Build and maintain strong relationships with banks, auditors, and regulatory bodies.
Strategic Decision-Making:
- Provide financial insights for strategic initiatives, including product launches and market expansion.
- Evaluate investment.
Qualifications
- MIA-qualified Chartered Accountant.
- Minimum 15 years of experience in finance, audit/tax, with a strong background in the FMCG sector (ideally in Food & Beverage)
- Proven experience as CFO or financial controller or in a senior financial management role
- Strong leadership skills, with exceptional analytical and strategic thinking skills.
- Excellent communication and interpersonal skills.
- Experience with financial management systems.
- Willing to work in Subang Jaya, Selangor.
Experienced candidates are encouraged to apply online or you may email your resume to [Confidential Information]
Only shortlisted candidates will be notified.
