Finance Manager

Recruiter
Teong Huat Medical Sdn Bhd
Location
Penang - Others
Salary
Competitive salary
Posted
11 Sep 2020
Closes
05 Oct 2020
Ref
4376153
Job role
Finance manager
Sector
Accounting - Public practice
Experience level
Manager
Responsibilities
  • Responsible for cash flow management of the Group through active reviews of collections and payments, arrangement of funds transfers and assessment of Group's funding needs.
  • Initiate and arrange for fresh banking facilities, and monitor utilization and renewal of existing banking facilities.
  • Responsible for co-ordination, compilation and monitoring of cash flow forecasts as determined by Management from time to time.
  • Preparation of annual budget of Group.
  • Forecast tax expenses. Prepare monthly or at least quarterly tax computation and update Management on the forecast tax payable.
  • In charge of tax planning. Liaise with tax agent or authorities to find out any incentives or allowances entitle by the Company and advise the management accordingly.
  • In charge of group consolidation accounts to holdings company.
  • Perform inventory costing maintenance and variance analysis.
  • Review & analyse monthly financial report on Company and Group level.
  • Ensure expenditure are recognized appropriately as according to MPERS.
  • Review fixed assets listings, bank reconciliation, and hire-purchase and term loan schedule.
  • Review and approve customer CN.
  • Review all vendor payment before submit to Management for approval.
  • Prepare and compile statutory submission such as SST submission/exemption and tax filing.
  • Liaise with financial institutions, auditor, tax agents, tax authorities, company secretary, custom department and other government bodies.
  • Initiate follow-up actions on legal measure to recover long outstanding debts.
  • Handle and review the portfolio of personal assets and property of the Directors.
  • Perform other ad-hoc functions as and when required by the Management.
Requirements
  • Possess Degree in Accountancy or equivalent. Professional qualification in ACCA/CPA/ICAEW/MIA will be an added advantage.
  • Minimum 5 years accounting or audit experience, and full set of accounts experience in manufacturing environment.
  • Knowledge in ERP system will be an added advantage.
  • Candidate must possess general knowledge in income tax and keep up-to-date of the Budget.
  • Willing to take up the challenge in assisting the Company in moving forward to ERP system.
  • Fluent in spoken and written English, Mandarin and Bahasa Malaysia.
  • Possess strong analytical skills, proficiency in using spreadsheets to extract, compile, analyze and interpret data and detail oriented.
  • Applicants must be willing to work in Bukit Minyak.
  • Willing to explore new area and learn, able to work under tight schedule.
  • Integrity, positive work attitude and of pleasant character.