Head of Finance - Klang, Malaysia - MVC Resources

Description

Job Description
This role will be a key member of the company's leadership team and is responsible to develop, document, and implement all goals, policies, priorities, and procedures related to all financial management, business planning, budgeting, and accounting activities for the organization to meet the short to long term company's business and strategic needs. This role is expected to be hands-on and participative to lead a team and is critical to partner the Directors and the leadership team. This role analyses the economic stability of the company and provides financial information to other departments, enabling these departments to make budgeting and investment decisions. This team will report on costs, productivity, margins and company expenditures to help improve the overall profitability of the company, down to Net Income After Tax (NIAT) level.

Responsibilities:

• Update and implement all necessary business policies, governance and controls, taxation, finance, and accounting practices.
  
• Improve the finance department's overall policy and procedure manual.
  
• Collate all financial reporting materials, analyze and present financial reports in an accurate and timely manner, and clearly communicate monthly and annual financial statements.
  
• Oversee and lead the annual budgeting and planning process.
  
• Provide insightful information and expectations for the CEO with long-term and short-term strategic planning processes and update the plans for the company.
  
• Administer and review all financial plans and budgets; monitor progress and changes; and keep the senior leadership team abreast of the organization's financial status.
  
• Seek out methods for minimizing financial risk to the company. Reporting to management and stakeholders, and providing advice on how the company and future business decisions might be impacted
  
• Conduct regular latest estimates (LE) and sensitivities reviews to monitor progress against the plan year's target, and take appropriate intervention actions as required.
  
• Manage organizational cash flow and forecasting.
  
• Implement a robust contracts management and financial management and reporting system.
  
• Lead the reviews of financial statements and business performance with management and the leadership team.
  
• Ensure that the contract billing and collection schedule is adhered to and that financial data and cash flow are steady and support operational requirements.
  
• Effectively communicate and present critical financial matters to the board of directors.
  
• Directs and participates in cost analyses and productivity studies.
  
• Establishes system controls for the maintenance and development of new financial systems and procedures to improve existing financial and accounting systems.
  
• Plan and organize internal audits involving review of accounting and administrative controls.
  
• Coordinates preparation of the annual audit process and materials, liaise with external auditors and the finance committee of the Board of Directors, and external financial reporting.
  
• Supervise the finance team performance. Train and manage a team to solve day-to-day operational issues and reach short- and long-term performance goals.
  
  

Requirements

• Possess a Degree in Finance, Accounting, or Economics. Professional qualifications such as Chartered Accountant, Chartered Certified Accountant, or Certified Public Accountant will be considered a plus.
  
• Minimum 10 years of experience within the Finance Department
  
• Superior interpersonal skills and excellent communication skills
  
• A keen eye for detail and a desire to probe further into data
  
• Deadline-oriented and an ability to stick to time constraints
  
• Rigorous data analysis capability and financial acumen
  
• Highly organized and attention to details oriented
  
• An analytical mind with solid problem-solving skills
  
• Strong Microsoft Excel skills with related IT expertise.