Finance Manager - George Town, Malaysia - Ascott Gurney Penang

Ascott Gurney Penang

Verified Company

George Town, Malaysia

1 week ago

Posted by:

Siti Tan

beBee Recruiter

Description

The Manager, Finance is involved in most, if not all, aspects of accounting and oversees the day-to-day activities of the accounting team.

He/she ensures that the organisation's finance function is well organised as well as produces timely and accurate financial statements and management accounts, thus achieving compliance with corporate policies and statutory requirements.

He also analyses data and understands the financial performance and position of the organisation in order to develop suitable accounting policies to meet reporting requirements and to produce any special reports required by the management team.

The Manager, Finance often leads a team of finance and accounting specialists and works closely with the internal and external auditors, bankers, and regulators.

He must keep current with changing statutory requirements and tax laws and determine the implications of such changes to financial reporting.

He may also work with the leadership team to help define the organisation's overall finance strategy.

Supervise the finance team in financial accounting and corporate reporting

Prepare accurate and timely financial statements and disclosure notes
Maintain accurate journal entries and allocations
Prepare asset, liability, and capital account entries by compiling and analysing account information
Reconcile accounts and provide analysis for the organisation's financial transactions

Support strategic planning initiatives:

Participate in budgeting and forecasting activities
Compute the valuation of business and financial assets using different models

Support working capital management:

Manage accounts payable and receivables to help the organisation determine working capital needs and funding strategies
Calculate the cost of different types of capital financial instruments and the overall costs of capital for the organisation
Provide data in relation to assets, capital rationing and cost of capital

Support internal and external audit activities:

Plan and coordinate the annual financial audit process
Respond to internal and external auditors on audit data, variances and audit findings
Implement policies and procedures with emphasis on internal controls to prevent possible fraud and errors
Resolve issues and deficiencies arising from audit findings

Process business transactions and reports using information technology tools:

Operate accounting information systems efficiently and effectively
Extract data and provide analysis for management using relevant accounting information systems or software
Prepare consolidated financial statements, business activity reports and forecasts for management and external stakeholders

Pay:
RM6, RM8,500.00 per month

Benefits: