Manager - Finance & Compliance Perai

Manager - Finance & Compliance (Manufacturing MNC)

1.0) JOB TITLE

Manager - Finance & Compliance

2.0) DEPARTMENT

Finance & Compliance

3.0) PURPOSE AND SCOPE

The Manager - Finance and Compliance has to ensure all financial matters of the company are well organized, financial reporting is done on time, internal control functions are effectively in place and all statutory compliance brought to his/her attention are complied with. It encompasses treasury, financial, costs, accounting, audit, taxation and banking as well as all contracts entered by the company with another entity. The role also provides leadership and oversight to the Account Assistant Manager supporting both local entities, ensuring effective coordination of shared finance and Compliance resources.

4.0) ORGANIZATION RELATIONSHIP

The Manager - Finance & Compliance - reports directly to the Managing Director and has support responsibility for all functional managers. He/She supervises the finance and accounting team in the organization.

5.0) Responsibilities

• Key Responsibilities
  
  

Finance

• To lead the finance and accounting department to develop, implement and maintain the financial, accounting and costing system.
• To ensure timely financial reporting for management reviews and decision making.
• To manage the company's financial resources and maintain optimum and efficient utilization of such resources.
• To develop and maintain efficient and effective internal control procedures to safeguard the assets of the company.
• To report to shareholders and corporate office on all financial matters required.
• To ensure that all personnel under the department concerned are properly trained and competent in their job.
  
  

Compliance

• To ensure statutory compliance in all aspects of law.
• To ensure all agreements and contracts entered into by the company with another entity are vetted.
• In this respect, it is imperative that only matters brought to his/her attention are included in the responsibilities of the Compliance Manager. Statutory submissions or any other legal matters, including but not limited to contracts, agreements or arrangements which other departments choose to deal with directly without going through the Compliance Department, cannot be held responsible by the Compliance Manager.
• Other Responsibilities
• To ensure all financial transactions are properly accounted for.
• To liaise with bankers and credit companies to secure appropriate financing for the company.
• To manage receivables to minimize bad and doubtful debts.
• To liaise with external auditors, tax agents and secretarial agents on statutory compliance.
• To liaise with government officials on licensing and permit matters.
  
  

6.0) AUTHORITIES

The Manager - Finance & Compliance is empowered to make financial decisions, to approve or reject any proposals which have a financial impact on the company, with due consideration on the timing, appropriateness, requirement vis-à-vis the financial health of the company. He / She also is authorized to propose, amend, re-phrase or change in any way deemed appropriate any agreements, contracts or arrangements brought to his/her attention before they are signed by the company.

7.0) Job Requirements

Education

• Degree in accounting from a recognized university or professional qualification.
  
  

Knowledge, Skills And Abilities

• Possesses strong analytical skills and a systematic approach to financial management.
• Minimum 5 years working experience in similar position.
• Working experience in audit, tax and management consultation industry is an added advantage.
• Strong knowledge of computer accounting software, spreadsheet and word processing.
• Good command of both spoken and written English and Bahasa Melayu.