Finance Manager

Finance Manager

The successful candidate will be responsible for establishing, managing, and leading the finance function for the

Shared Services Centre (SSC) in Kuala Lumpur. He/She will play a key role in setting up the finance infrastructure,

ensuring robust financial governance, and supporting the company's strategic and operational objectives.

Key areas of responsibility include:

• Setting up and managing local banking arrangements.

• Implementing and maintaining the local Enterprise Resource Planning (ERP) / accounting system.

• Managing payroll funding and related cash flow requirements.

• Ensuring full compliance with Malaysian statutory reporting, tax, and audit requirements.

• Ensuring adherence to the Group's policies, procedures, and internal control framework.

Key Responsibilities

ERP Implementation and Systems Management

• Design, manage, and oversee end-to-end implementation in collaboration with external and suitable

consultants.

Finance Operations

• Oversee day-to-day finance operations across Accounts Payable (P2P), Accounts Receivable (O2C), General

Ledger (R2R), and cash management.

• Establish and maintain strong internal controls to safeguard the company's assets and ensure data integrity.

• Develop, document, and continuously refine finance processes and standard operating procedures.

Financial Reporting and Analysis

• Lead and manage monthly, quarterly, and annual financial closing processes.

• Ensure the timely and accurate preparation of financial statements and management reports in accordance with International Financial Reporting Standards (IFRS), Generally Accepted Accounting Principles (GAAP) and local statutory requirements.

• Review and analyse financial performance, including variance analysis, and provide meaningful insights and recommendations to management.

• Consolidate and report monthly financial results to the Group in a timely manner.

Statutory and Tax Compliance

• Prepare and file annual statutory financial statements for the local entity in compliance with local GAAP/IFRS.

• Oversee all aspects of local tax compliance, including Corporate Income Tax, Value-Added Tax (VAT)/Goods and Services Tax (GST) returns, and Withholding tax

• Act as the primary point of contact for external statutory audits and internal audits of the company.

Budgeting, Forecasting, and Cost Management

• Lead the annual budgeting and periodic (e.g., quarterly) forecasting processes for the company.

• Partner closely with Business Units (BUs) to understand operations, track actuals versus budget/forecast monthly and investigate budget variances.

• Monitor and control operating expenses, including review and approval of local purchase requisitions and vendor invoices related to the company's operations.

Transfer Pricing and Chargebacks

• Maintain and periodically update the Transfer Pricing and Chargeback model.

• Compute costs to be recharged to receiving Business Units based on agreed allocation methodologies (e.g., Full-Time Equivalent (FTE) count, transaction volumes, time-tracking data).

• Perform year-end true-up calculations to align recharges with actual costs versus budgeted rates.

Requirements

• Possess a Bachelor's Degree in Accountancy.

• At least 10 years of relevant experience with strong exposure to the full set of accounts and end-to-end finance operations.

• Prior experience managing the finance function of a foreign subsidiary or an SSC legal entity in Malaysia.

• Demonstrated track record in setting up finance functions from the ground up (e.g., bank account opening, tax registration, systems implementation and setup, internal controls, and accounting policies).

• Experience in external audit (with a recognised audit firm) is an advantage.

• Strong systems proficiency in SAP and a process-improvement mindset, with a focus on automation and efficiency.

• Solid understanding of transfer pricing principles, particularly Cost-Plus models and intercompany billing mechanics.

• Strong working knowledge of Malaysian tax requirements, including Service Tax (SST), Withholding Tax and Capital Allowances.

• High level of independence and self-motivation; comfortable operating in a standalone capacity in the initial phase, with limited on-the-ground support.

• Excellent communication and stakeholder management skills.