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Financial Manager (Subsidiary Management)

Financial Manager (Subsidiary Management)

wonderland group
  • Posted 20 hours ago
  • Be among the first 10 applicants

Job Description

Key Responsibilities

1. Business Partnering

  • Act as the primary contact between HQ Finance and subsidiary finance teams
  • Provide financial insights, guidance, and analysis to support local decision-making
  • Promote transparent communication and alignment across regions and functions
  • Collaborate cross-functionally to support strategic and operational initiatives

2. Period Closing, Reporting, and Analysis

  • Oversee monthly and quarterly closing activities for subsidiaries to ensure accuracy and timeliness
  • Review intercompany accounts, reconciliations, and financial adjustments
  • Collect subsidiaries periodically consolidated Brand statutory/ management reports and prepare financial analysis to support supervisor
  • Provide variance and trend analysis to support senior management decisions

3. Annual Planning and Forecasting

  • Work closely with FP&A Team and assist Subsidiaries with preparation of annual budgets and financial forecast to ensure completeness and timely submission
  • Supervise subsidiaries annual budget and forecast submissions
  • Ensure consistency with Group accounting policies and strategic objectives
  • Review and challenge assumptions to enhance forecast reliability

4. Audit, Tax Compliance, and Corporate Governance

  • Oversee statutory and internal audits of subsidiaries
  • Ensure full compliance with IFRS/local GAAP and internal finance policies
  • Maintain robust documentation and accounting policies across subsidiaries
  • Monitor and mitigate potential financial or compliance risks

5. Process Improvement

  • Identify and implement process improvements in financial control and reporting
  • Enhance automation, standardization, and risk management frameworks
  • Provide training and technical support to subsidiary accounting staff

6. Ad-Hoc Projects

  • Participate in or lead assigned financial and compliance projects as needed

Qualifications

  • Bachelor's degree in Finance, Accounting, or Business Administration
  • 5 + years of experience in accounting and finance management operations
  • Experience with a multi-national company is preferable
  • SAP user experience is a plus
  • Proficient in communication and teamwork skills
  • Ability to work in a fast-paced environment, solve problems and facilitate decision-making

More Info

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