The Main Purpose of the job is responsible for all the GAC Malaysia Finance related matters and to ensure all financial activities are carried out in a timely, economical, accurate and professional manner
Job Description
1. Financial Performance monitoring and reporting
Monitor company's financial performance and promptly highlight to management positive and negative trends and improvement opportunities.
Ensure that monthly reports are prepared and submitted as per GAC financial guide to Top Management:
Prepare various reports as required by the management and submit them in a timely manner
Inform Management of any developments related to tax regulations, government financial policies, banking practices, and interest rates which could potentially impact the company and/or could be potentially capitalized by the company.
2. Budgeting
Prepare Company budget with the MD and ensure that the budget is controlled and updated on timely basis
3. Accounts Receivables and Payables
Ensure that weekly credit statements (receivables) are prepared and submitted to MD and HOD's and aggressive follow-up on receivables are carried out.
Ensure timely and accurate reconciliation of all receivables and payable accounts.
Liaise with MD and HOD's in connection with all financial matters pertaining to principals, clients and subcontractors. (Including Logistics dept credit control-investments-liabilities)
Regularly meet with Customer Service and Sales team to collectively review billing and outstanding issues/practices.
4. Payroll processing
Ensure payroll is processed in a timely and accurate manner as well as ensure the integrity and confidentiality of Payroll related information
5. Finance Team management and Development
Stimulate Finance team and ensure that all necessary tools are available in order to meet the operational requirements
Develop the standard of knowledge of accounts staff regarding financial procedures
6. Improvement Initiatives
Constantly assess opportunities to improve cash flow, streamline invoicing, collections and receivables process and suggest/implement initiatives in line with the identified opportunities.
Identify and suggest new methods and ways to cut costs within company as well as Implement and follow-up on cost reduction programmers.
Regularly review implemented procedures with finance team and management to ensure that processes in place are "best fit" for the scope of work and actively
Suggest procedure changes to improve performance.
7. General
Develop and maintain positive contact with local finance team, head-office, principals, sub-contractors and clients.
Ensure that any/all financial reporting correspondence to the above mentioned is efficient, punctual and professional.
Pro-actively generate, investigate ORF's & ensure the standard of all related procedures ate maintained.
Encourage finance staff to proactively raise ORFs.
Carry out all other activities as assigned by superiors
Requirements
• Professional accounting qualification (CPA, CIMA, CA, CFA etc)
• Minimum 5 years accounting experience in a similar role (logistic Industry experience is desirable)
• Ability to set measurable targets, make plans to progress to their fruition and report feedback within the time frames provided
• Fluent in English, both written and spoken
• Able to work independently, team player, able to multi-task, self - motivated, work independently, work under pressure and make quick decision to solve problem issue.
• Computer literacy in windows environment. Software knowledge of Microsoft office