finance manager (2 headcounts) - retail in Kuala Lumpur

posted
contact
pamela padmini pillai, randstad
job type
permanent
salary
AU$ 120,000 - AU$ 145,000 per year

job details

posted
location
kuala lumpur, wilayah persekutuan
specialism
accounting & finance
job type
permanent
working hours
Full-Time
salary
AU$ 120,000 - AU$ 145,000 per year
reference number
91M0147840_1599717554
contact
pamela padmini pillai, randstad
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job description

about the company

We are currently assisting two retail F&B clients in hiring for a Finance Manager. One opportunity is with a start up and the other is a legacy in the market.

about the role

  • Responsible for managing the full set of accounts
  • Where a policy or procedure is required but not yet developed, to develop such policy in the required format, obtain the necessary approvals and implement.
  • To implement financial controls in the businesses which prevent misuse and misappropriation of funds or assets and inefficient cost control.
  • Serve as a key member of the senior management team to develop operational and strategic business plans, forecasts and feasibility studies.
  • Preparation of reports daily, weekly and monthly which include but are not limited to sales analysis, food and beverages cost reports, monthly management accounts.
  • Preparation of annual budgets per business unit with quarterly updated rolling forecasts.
  • Preparation and presentation of monthly Business Review Pack (BUR).
  • Submission of a monthly Financial Manager’s report summarizing the performance of the businesses under your control, which includes a P&L, variance analysis against budget and forecast, balance sheet and cash flow, focus areas for the next month, control weaknesses and corrective actions.
  • Management and control of all banking related transactions
  • Daily cash flow monitoring and management which includes the management of payables.
  • Monthly balance sheet reconciliations review and authorize.
  • Preparation of accounts must be in line with IFRS.
  • Overseeing and control of the purchasing department ensuring the right item in purchased at the most competitive price.
  • Monitor supplier/customer agreements regarding respective revenue and cost associated with them.
  • Use industry experience and initiative to identify areas for cost cutting and/or revenue improvement.

about your profile

  • Qualified Accountant (ACCA, CPA, CMA, etc.)
  • Working experience of 10 years out of which, 3 - 5 years were preferably in the retail food & beverage industry
  • Experienced in managing a team
  • Experience in working with current & relevant accounting & POS system
  • Regional experience is preferred.

how to apply

To apply online, please click on the appropriate link. Alternatively, please contact Pamela Pillai on pamela.pillai@randstad.com.my or 03-20367589. Please note that only shortlisted candidates will be contacted.

skills

Retail Finance, Finance Manager, Full set of accounts

qualification

Qualified Accountant (ACCA, CPA, CMA, etc.)
Working experience of 10 years out of which, 3 - 5 years were preferably in the retail food & beverage industry

educational requirements

Bachelor Degree