Financial Controller
- Recruiter
- Jobstreet Malaysia
- Location
- Penang, MY
- Salary
- Competitive salary
- Posted
- 31 May 2023
- Closes
- 30 Jun 2023
- Ref
- 5388523
- Job role
- Financial controller
- Sector
- Accounting - Public practice
The Finance Controller will be based in Bayan Lepas Free Industrial Zone, Penang.
1. PRIMARY FUNCTIONS
- Manage and control of the financial and administrative operations of the company/Group, to ensure timely, accurate and efficient financial systems, processes, reporting and statutory compliance.
- Ensure quality financial, commercial, and operational input to business initiatives.
- Be part of the key finance staff/member in the due diligence working group preparing for IPO exercise.
- Ensure sufficient internal control & audit for business sustainability and growth.
- Planning, Monitoring, Prepare management reporting deck and written report to highlight the financial health and profitability of the company in accord with the IPO roadmap.
- Participate in board meeting, management meetings for review of business plans & strategies, employee share option scheme meetings and other internal meetings to keep s as required.
2. KEY ACCOUNTABILITIES
- Maintain & Prepare Financial Records, Analysis, Reports and Documentation
- Ensure compliance with all statutory, tax and shareholders' requirements for monthly, quarterly & annual financial statements, reports, records and documentation.
- Prepare presentation & reports to Board of Directors on financial performance of the company at quarterly board meetings.
- Be involved in the annual statutory audit exercise, tax compliance filing & submission.
- Be involved in the internal control process and governance audit for Finance/Account division.
- Prepare the Annual Report & the quarterly results reports and announcements to Bursa Malaysia Securities Berhad (Bursa) (once company obtained listing status)
- Assist in documentation with company secretary, bankers, legal advisor and any other professional or experts as they case may be.
- Planning, Forecasting and Information for Decision Making
- Prepare the internal budgets and forecasts to support the key management business plan and strategies for the Group.
- Support and provide input/analysis into decisions relating to investment proposals and projects for the Group
3. PERFORMANCE MEASURES
- Meeting all reporting & statutory deadlines
.
- Development and streamlining of finance reporting systems and functions.
- Maintaining timeliness, accuracy and adequacy of financial and management reporting supplied to the management, Board and other stakeholders.
- Ensuring the completeness and accuracy of legal and statutory compliance finance matters, with no major non-compliances following internal and external audits.
- Acting as a key team member in cross-functional teams.
- Development of direct reports and team members.
4. KEY RELATIONSHIPS
- Finance and administration team members of the Group
- C-Suite and senior management team of the Group
- Board and Executive Board Committees
- Bursa and relevant authorities
- Investors and shareholders
- External advisers/professionals - company secretary, auditors, tax agents, bankers, lawyers, internal control reviewer, industry market researchers, valuers etc.
5. COMPLIANCE
- IFRS & Malaysian accounting standards
- Companies Act 2016
- Income Tax Assessment Act and indirect taxes legislation
- Goods and Services Tax Act
- Other indirect taxation legislation
- Internal control, policies and procedures
- Audit committee policies and charters and delegated financial authority (once listed)
- Bursa listing requirements & rules (once listed)
- Capital Market Service Act 2007 (once listed)
JOB REQUIREMENTS
1. EXPERIENCE
- Proven experience at a mid or senior level in a commercial environment for a minimum 8 years experience.
- Semiconductor industry revenue recognition experience and/or service accounting experience is a plus.
- Staff supervision and management experience.
- Broad exposure to all levels of management reporting
- Preparation and management of significant budgets, forecasts & projections
- Experience in the kind of initiatives the business is contemplating for growth, such as IPO, mergers, acquisitions, fund-raising exercises.
- Experience in preparing Annual Reports, Quarterly reports and announcements for listed companies on Bursa.
2. EDUCATION
- Tertiary qualification in accounting or finance.
- Member of MIA
- Professional qualification such as ACCA, CPA or CIMA
3. SKILLS AND ABILITIES
- Good interpersonal and collaborative skills to work effectively with team and business partners throughout the organization.
- Demonstrated experience in managing and leading a team.
- Attention to detail and effective communication and presentation skills are required.
- Ability to think critically and grasp new concepts quickly.
- Ability to influence change.
- Ability to take initiative and drive for success.
- Strong analytical and strategic thinking skills.
- Flexible, organized and able to work under time constraints and deadlines.
- Extensive knowledge of excel spreadsheet, accounting software & strong computer literacy skills.
- Development and implementation of strategy in financial related matters.
- Ability to provide strategic and commercial input to business decisions.
- Strong technical accounting skills, negotiating skills and other desired traits.
- Excellent communicator & presenter, both written and verbal.