Position Title: Senior Finance Manager
Department: Finance & Accounting
Location: Malaysia
Position Overview
The Senior Finance Manager directs the organisation’s financial accounting, statutory reporting, internal controls, and operational finance functions across multiple commercial brands, subsidiaries, and operating entities. This leadership role ensures complete data integrity, timeliness, and regulatory compliance while delivering strategic commercial analysis to drive profitability, cost optimization, and sustainable business growth.
Serving as a key business partner to executive leadership and operational heads, the role is instrumental in enhancing governance frameworks, assessing multi-outlet commercial metrics, mitigating financial risk, and implementing scalable operational finance procedures.
Key Responsibilities
1. Group Financial Reporting & Multi-Entity Consolidation
- Direct the compilation, review, and delivery of monthly, quarterly, and year-end consolidated financial reports across all corporate subsidiaries and operating brands.
- Manage complex multi-entity financial statement consolidations, eliminating intercompany balances and transactions accurately.
- Oversee the end-to-end preparation of statutory accounts, executive management packs, and regulatory filings in strict accordance with Malaysian Financial Reporting Standards (MFRS) and relevant statutory legislation.
- Conduct in-depth balance sheet reviews, profit and loss evaluations, and cash flow analyses to detect variances and ensure overall financial hygiene.
- Coordinate and synthesise high-level financial briefing materials, board slide decks, and shareholder reporting schedules.
2. Commercial Finance & Outlet Performance Monitoring
- Steer commercial finance workflows across all active operating concepts, multi-site outlets, and business verticals.
- Track, evaluate, and benchmark brand-level and outlet-level unit economics, focusing on margin preservation and store-level contribution.
- Scrutinise monthly profit-and-loss variance against established operating plans, historical baselines, and updated forecasts to advise on corrective measures.
- Maintain rigorous oversight of critical operational benchmarks and metrics:
- Top-line sales performance and like-for-like turnover growth
- Cost of Goods Sold (COGS) and raw ingredient consumption percentages
- Direct and indirect labour utilisation ratios
- Prime cost discipline (combined COGS and manpower)
- Store-level EBITDA, operating margins, and net outlet profitability
- Overhead expenditures and variable operating charges
3. Budgeting, Forecasting & Financial Planning
- Champion the corporate annual budgeting cycle, capital expenditure reviews, and long-range rolling forecasts across all departments and business divisions.
- Partner with functional heads and brand leads to challenge budgetary assumptions, reconcile spending projections, and align financial targets with enterprise objectives.
- Build predictive financial models, scenario simulations, and operating cash flow projections to support business scaling.
4. Operational Cost Engineering & Commercial Analytics
- Perform root-cause cost variance investigations to uncover efficiency gaps, leakage, and margin erosion.
- Build robust analytical reporting frameworks to systematically track store-level performance metrics, menu engineering outcomes, and supplier terms across all active brands.
5. Treasury, Capital Allocation & Cash Flow Management
- Maintain oversight of enterprise working capital, liquidity buffers, and institutional banking relationships.
- Formulate cash flow feasibility assessments and working capital projections to support new outlet launches, asset acquisitions, and capital projects.
- Implement structured cash-handling protocols and treasury discipline across retail touchpoints.
6. Governance, Risk Management & Statutory Compliance
- Design, refine, and enforce internal financial controls, SOPs, and delegation of authority matrices across corporate and branch operations.
- Ensure absolute alignment with corporate income tax laws, indirect taxation regulations (SST), audit standards, and regulatory mandates.
- Proactively identify enterprise and financial risk exposures, formulating practical risk-mitigation measures and fraud deterrence policies.
Candidate Profile & Requirements
- Education: Bachelor’s Degree in Accounting, Finance, or a related commercial discipline from an accredited institution.
- Professional Accreditation: Full professional certification (ACCA, CPA, CIMA, ICAEW, or registered member of the Malaysian Institute of Accountants - MIA) is strongly preferred.
- Years of Experience: Minimum of 8–10 years of progressive accounting and finance experience, featuring at least 3–5 years in a leadership/managerial capacity.
- Core Competencies:
- Proven expertise in group financial consolidation, multi-tier corporate reporting, and rigorous application of MFRS/IFRS.
- Demonstrated background managing operational finance within multi-unit environments—prior exposure to Food & Beverage (F&B), hospitality, FMCG, or retail chain operations is highly advantageous.
- Advanced proficiency in corporate financial modelling, strategic planning, budgeting, and commercial cost analysis.
- Language Skills: Proficiency in English and Bahasa Malaysia. Professional working proficiency in Mandarin is an added advantage to liaise with specific stakeholders and business partners.
- Soft Skills: Strong analytical acumen, assertive communication, high integrity, and proven stakeholder-management capabilities across both corporate and operational settings.
