Manager, Finance - Johor Bahru, Malaysia - Sound United

Description

Job Summary:

The Finance Manager / Assistant Manager is responsible for leading and managing the financial operations of the organization, ensuring compliance with financial regulations, and providing strategic financial guidance to the executive team. This include maintaining the general ledger, performing account reconciliations, preparing financial reports, coordinate statutory Audits and Tax filing.

This position also participates in other related accounting and reporting projects. The Controller provides a daily support to Masimo Malaysia's Management and to various functions and geographies within Masimo companies. Although physically based in Malaysia, the controller is joining a team of skilled Finance & Accounting professionals located in Japan, Korea, India, Switzerland and the US.

Duties & Responsibilities:

Financial Strategy:

• Develop and execute the financial strategy aligned with the overall business goals.

• Provide financial insights to support strategic decision-making.

Financial Planning and Analysis:

• Prepare annual budgets and financial forecasts.

• Conduct financial analysis to identify trends, variances, and areas for improvement.

• Monitor and report on key financial performance indicators.

Risk Management:

• Identify and assess financial risks

• Implement risk mitigation strategies to safeguard the financial health of the company

Financial Reporting:

• Ensure accurate and timely financial reporting to internal and external stakeholders.

• Comply with regulatory reporting requirements and accounting standards.

Cost Management :

• Oversee cost accounting processes and recommend cost-saving initiatives.

• Analyze production costs and recommend efficiencies.

Cash Flow Management:

• Manage cash flow to ensure the company's liquidity and financial stability.

• Implement effective cash management strategies.

Financial Compliance:

• Ensure compliance with relevant financial regulations and laws.

• Coordinate with auditors and regulatory authorities as required.

Team Leadership:

• Lead and develop the finance team.

• Foster a culture of accountability, professionalism, and continuous improvement.

Capital Expenditure Management:

• Evaluate and prioritize capital expenditure projects.

• Assess the financial impact of investments and advise on their feasibility.

Strategic Partnerships

• Collaborate with other executives to align financial goals with operational objectives.

• Evaluate potential partnerships and acquisitions from a financial perspective

Minimum & Preferred Qualifications and Experience:

Minimum Qualifications:

• Proven experience as a Finance Manager or in a senior financial leadership role, preferably in the manufacturing industry.

• Strong understanding of manufacturing processes and cost structures

• Excellent financial analysis and modeling skills.

• Strong leadership and interpersonal skills.

• Knowledge of relevant financial software and ERP/Oracle systems.

• Effective communication skills, both verbal and written.

• Ability to present complex financial information to non-financial stakeholders.

• Ability to think strategically and contribute to the overall business strategy.

• Proactive in identifying opportunities for financial improvement.

Preferred Qualifications:

Education:

•Bachelor's degree in finance, Accounting, or a related field

•A master degree (MBA or MSc) and/or a CPA qualification is often preferred

This position primarily works in an office and manufacturing/production environment. It requires frequent sitting, standing, and walking. Daily use of a computer and other computing and digital devices is required. May stand for extended periods when facilitating meetings or walking in the facilities. Some local travel is necessary, so the ability to operate a motor vehicle and maintain a valid Driver's license is required.

The physical demands of the position described herein are essential functions of the job and employees must be able to successfully perform these tasks for extended periods. Reasonable accommodations may be made for those individuals with real or perceived disabilities to perform the essential functions of the job described