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paynet (payments network malaysia)

Head of Financial Control

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  • Posted 15 hours ago
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Job Description

Why PayNet / Why Now

  • PayNet operates national‑scale financial infrastructure where financial integrity, regulatory confidence, and capital stewardship are non‑negotiable.
  • Increased platform complexity, subsidiaries, and regulatory scrutiny require stronger group‑level financial judgment.
  • This role exists to anchor trust in PayNet's numbers while enabling informed, confident executive decisions.
  • Getting this role right protects PayNet's credibility with regulators, auditors, and industry stakeholders.

TL; DR

  • Own financial integrity across PayNet Group, accounting, reporting, tax, and treasury.
  • Act as the CFO's right hand on financial reporting discipline, compliance, tax planning and capital stewardship.
  • Lead senior finance teams that safeguard trust while enabling strategic decisions.
  • Shape how PayNet presents, defends, and stands behind its financial position.

Why This Role Matters

  • PayNet's financial statements underpin regulatory confidence and Board decisions.
  • Weak control or judgment creates outsized reputational and compliance risk.
  • Strong leadership in this role enables speed without sacrificing discipline.
  • This role requires judgment over process, especially when standards meet ambiguity.

What You Will Actually Do

  • Own group‑wide financial reporting, consolidation, and balance sheet integrity across entities.
  • Shape accounting policy treatment decisions and judgments in complex or non‑standard transactions.
  • Lead PayNet's tax strategy, compliance posture, and engagement with tax authorities and advisors.
  • Own treasury strategy covering liquidity, cash flow, and safeguarding of financial assets.
  • Act as the primary counterpart to auditors, regulators, and the Board on financial matters.
  • Build and lead senior finance leaders across accounting, tax, and treasury.

Examples of This Role in Practice

  • Taking a clear accounting position on a complex transaction where guidance is not explicit.
  • Defending PayNet's financial treatment to auditors or regulators under scrutiny.
  • Re‑framing a capital or liquidity concern into a clear executive decision with trade‑offs.
  • Identifying balance‑sheet risks early and escalating before they become control issues.
  • Coaching finance leaders to move from compliance executors to trusted advisors.

What Will Help You Succeed

  • Strong technical grounding paired with the confidence to exercise judgment.
  • Comfort being accountable for group‑level financial positions and disclosures.
  • Credibility with auditors, regulators, and senior executives.
  • Experience leading senior finance teams through complexity and change.
  • Commercial awareness to balance prudence with organisational agility.

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Job ID: 149395653