Finance Assistant Manager/Manager (Manufacturing)

Company Background

We are representing our client a well-established automotive components manufacturer specialising in plastic parts and assemblies for leading OEM customers. The company is part of a reputable public listed group on Bursa Malaysia, offering a stable environment with strong governance, structured processes and long-term growth opportunities.

• Work Location: Seksyen 15, Shah Alam
• Group Insurance (GPA and H&S)
• Outpatient Medical Coverage
• Special Ocassion Allowance

Job Summary

To lead and manage the Finance & Accounts function of the organization, ensuring accurate financial reporting, strong internal controls, compliance with statutory and regulatory requirements, and providing strategic financial support to management for business decision-making in a manufacturing environment.

Reports to: Assistant General Manager

No. of Subordinates: 6

Key Responsibilities

1. Financial Management & Reporting

• Oversee full spectrum of finance and accounting functions including General Ledger, AP & AR, Costing and inventory accounting.
• Ensure timely preparation of monthly, quarterly, and annual financial reports in accordance with applicable accounting standards.
• Analyze financial performance, variances, and trends, and provide meaningful insights to management.
• Prepare management reports, dashboards, and presentations for management review.

2. Budgeting, Forecasting & Cost Control

• Lead annual budgeting and periodic forecasting exercises.
• Monitor budget performance and provide variance analysis with corrective action plans.
• Implement effective cost control measures, particularly in manufacturing costs, overheads, and capital expenditure.

3. Manufacturing Costing & Inventory Control

• Oversee product costing, BOM costing, and standard costing processes.
• Monitor inventory valuation, slow-moving and obsolete inventory provisions.
• Ensure accuracy of stock records and support periodic stock takes.

4. Statutory, Tax & Compliance

• Ensure full compliance with statutory and regulatory requirements, including Companies Act 2016, Income Tax Act, SST/GST, Witholding Tax and relevant.
• Coordinate with external auditors, tax agents, bankers, and regulators.
• Manage annual audit process and resolve audit findings in a timely manner.

5. Cash Flow & Treasury Management

• Manage cash flow planning and monitoring to ensure adequate liquidity.
• Oversee banking facilities, payments, and collections.
• Manage relationships with banks and financial institutions.
• Review and approve payment runs and ensure proper authorization controls.

6. Internal Controls & Risk Management

• Establish, implement, and continuously improve internal controls, policies, and procedures.

7. Leadership & Team Management

• Lead, coach, and develop the Finance & Accounts team.

8. Business Partnering & Strategic Support

• Act as a key finance business partner to management and department heads.
• Provide financial input for:
  • Capital expenditure (CAPEX) proposals
  • Pricing and profitability analysis
  • Business expansion or cost-saving initiatives
• Support management in strategic planning and decision-making.

Key Requirements

Education

• Bachelors Degree in Accounting, Finance, or related field.
• Professional qualification such as ACCA, CIMA, CPA, or MIA is preferred.

Experience

• Min 6 years of relevant finance experience, with at least 3–5 years in a managerial role.
• Strong experience in manufacturing environment.

Knowledge & Skills

• Strong knowledge of Malaysian accounting standards, tax, and statutory requirements.
• Solid understanding of manufacturing costing and inventory management.
• Strong leadership, analytical, and problem-solving skills.
• Ability to communicate financial matters clearly to non-finance stakeholders.
• High level of integrity and attention to detail.

Qualified and interested candidates may apply online or email to adelene@ talentrecruit.com.my

Only shortlisted candidates will be notified.