DUTIES & RESPONSIBILITIES
a. Financial Reporting
- Submission of monthly financial reporting in Cognos Controller & related Reporting within group timeline
- Perform month-end closing procedures, including overhead allocations, account reconciliations, and updating closing schedules.
- Identify variances between actual and budgeted financial results at the end of each reporting period
b. Finance Management
- Supervision of finance department staff
- Ensure that all financial transactions are processed accurately, in a timely manner, and in accordance with generally accepted accounting principles.
- Manage, oversee, process (as appropriate), and act as backup for processing all the following transactions: payroll, accounts payable, revenue and expense, fixed assets, cash, bank reconciliations, and allocations
c. Working Capital Management
- Overseeing monthly working capital position as per yearly KPI – Cash, Inventory, Debtors and Creditors
- Overseeing debtor's management by ensuring debt are being monitored, collected as per payment terms, providing bad debt provisions following group policy
- Oversee monthly inventory reports, analysis, and allocation adequate obsolete provision as per group policy
- Ensure that sufficient funds are available to meet ongoing operational.
d. Costing
- Oversee monthly variance analysis is prepared within agreed submission deadline
- Provide costing analyses as needed, for margin optimisation, pricing decisions, and cost saving.
e. Annual Financial and Cost Budget
- Develop and manage annual financial budgets that are in line with the organization's financial target.
- Develop cost budget for yearly standard product costing in costing system.
f. Asset Management
- Oversee company's assets for both current and non-current
- Monitoring and tracking capital purchases for timely asset capitalization, recording asset acquisitions and disposals, useful life and depreciation charges and maintaining internal and tax books for fixed assets.
- Perform physical assets verification on yearly basis.
g. Statutory Compliance
- Ensure compliance with accounting policies and regulatory requirements
- Liaise with internal and external auditor in accordance with the statutory and regulatory requirement.
- Coordinate tax compliance and dealing with tax agents including corporate income tax, Sales and service tax, transfer pricing document and other tax related matters.
- Liaise with bankers, lawyers and other external consultant and relevant government authorities.
h. People Management
- Responsible of giving guidance, instruction, direction, and leadership to the team for the purpose of achieving individual and company's goals
- Coaching, mentoring, developing the team's skills and managing conflict.
h. IT Coordination - PK
- Ensure coordination of IT related matters for Halo (Cost system) & SAP with IT support team (India).
- Ensure coordination of IT hardware/software with external installer/supplier.
QUALIFICATIONS
a. Education background & knowledge
- Degree in Accountancy or equivalent. Preferred professional qualification
- Minimum 5 years working experience in similar capacity.
b. Experience
- Over 15 years in accounting field - Financial reporting submission, reporting analysis, statutory audit, tax yearly assessment, daily finance operation activities, banking transactions and other accounting matters.
- Leading account payable team by overseeing payment cycles, approval matrix, and corresponds with treasury team for cash flow.
- Banking facilities – LC , Currency Hedging Contract – Working capital forecast / Contract execution, settlement and closing.
- 2 years of auditing – External auditor
c. Skills & behaviours
- Leadership
- Analytical Skills
- Results Orientated
- Critical Thinking
- Problem Solving Skills.
- Great interpersonal and communication skills.
- Advanced Computer skills including proficiency in Microsoft Office programs & ERP
