Overview

• Salary

  8,000 MYR ~ 12,000 MYR

• Industry

  Retail/Distribution(Other)

• Job Description

  The Finance Assistant Manager plays a crucial role in assisting the Finance Manager with managing the company’s financial operations, including budgeting, forecasting, financial reporting, auditing, and ensuring compliance with accounting standards. This role ensures the accuracy and integrity of financial information, contributing to informed decision-making and the overall financial health of the organization.
  
  1. Financial Reporting and Analysis
  - Assist in the preparation of monthly, quarterly, and annual financial statements in accordance with company policies and financial regulations.
  - Perform variance analysis to identify key trends, risks, and opportunities.
  - Prepare and present financial reports to senior management, providing insights and recommendations to support decision-making.
  - Budgeting and Forecasting
  
  2. Assist in the preparation and management of the annual budget process.
  - Support in creating financial forecasts and analyzing financial performance against budget and forecasts.
  - Collaborate with department heads to provide financial guidance on budgeting and cost management.
  
  3. Accounts Payable and Receivable Management
  - Oversee the day-to-day accounts payable and receivable functions to ensure timely processing of payments and collections.
  - Monitor cash flow and working capital to ensure sufficient funds for operational needs.
  - Support the Finance Manager in resolving any payment or collection issues.
  
  4. Audit and Compliance
  - Assist in coordinating internal and external audits, ensuring all documentation is accurate and readily available.
  - Ensure compliance with local tax laws, accounting standards (e.g., IFRS/MFRS), and internal financial policies.
  - Maintain accurate financial records and ensure adherence to statutory requirements.
  
  5. Taxation
  - Assist in preparing and submitting tax returns, ensuring timely payment of taxes.
  -Monitor changes in tax laws and provide advice on the financial implications for the company.
  - Support the Finance Manager in ensuring compliance with corporate tax, GST/VAT, and other local tax regulations.
  
  6. Financial Controls and Process Improvement
  - Assist in developing and implementing internal financial controls and policies to safeguard company assets.
  - Identify opportunities for process improvement and recommend solutions to streamline financial operations.
  -Assist in conducting risk assessments and managing financial risks to the business.
  
  7. Team Leadership and Development
  - Supervise and mentor junior finance staff, providing guidance and support to ensure their development.
  - Assist in setting performance objectives and conducting performance reviews for finance team members.
  - Foster a collaborative and high-performing finance team environment.
  
  8. Financial Systems Management
  - Assist in the implementation and maintenance of accounting systems and software to ensure efficient financial operations.
  - Collaborate with IT and other departments to enhance financial reporting systems and data accuracy.
  - Ensure proper documentation of all financial processes and procedures.
  
  9.Other Duties
  - Assist in special projects or ad hoc financial analysis as required by senior management.
  - Support in managing relationships with banks, auditors, tax advisors, and other financial institutions.
  - Provide support in treasury functions, including managing investments and company assets.