Senior Executive, Finance

• Oversee the preparation and timely submission of accurate monthly, quarterly, and annual financial statements, including profit and loss statements, balance sheets, and cash flow statements.
• Ensure that all financial reports comply with local and international financial reporting standards (MFRS, IFRS) and are presented in a format suitable for both internal and external stakeholders.
• Review and analyze financial statements to ensure they reflect the company's financial position accurately and highlight any areas requiring attention.

• Lead the annual budgeting process, working closely with operation head to create detailed, realistic, and achievable budgets that align with the company’s strategic goals.
• Develop financial forecasts based on historical data, market trends, and organizational objectives, providing insights that help shape the company’s financial strategies.
• Monitor budget performance throughout the fiscal year, conducting variance analysis and making recommendations to address any significant deviations from the plan.

• Conduct in-depth analysis of the company’s cost structures, identifying inefficiencies and areas where cost-saving measures can be implemented without compromising quality or operational effectiveness.
• Prepare and present detailed cost analysis reports to senior management, including actionable recommendations for reducing costs and improving profitability.

• Coordinate and manage both internal and external audits, ensuring that all financial records and transactions are thoroughly reviewed and compliant with audit requirements.
• Prepare audit documentation, respond to audit queries, and implement audit recommendations to enhance the company’s financial controls and processes.
• Ensure that the company remains compliant with all relevant financial regulations, including tax laws, corporate governance requirements, and industry-specific financial practices.

• Identify, assess, and manage financial risks, including market risks, credit risks, and operational risks, developing strategies to mitigate these risks and protect the company’s financial health.
• Implement robust financial controls and processes to prevent fraud, errors, and financial mismanagement, ensuring the integrity and security of financial data.
• Regularly review and update the company’s financial risk management policies, keeping them aligned with industry standards and best practices.

• Provide leadership and mentorship to junior finance staff, helping them to develop their skills, enhance their performance, and advance their careers within the organization.
• Assist the Manager – Sales & Operations in strategic financial planning, providing the necessary support and insights to inform high-level decision-making.

• Oversee and manage the company’s tax calculations and compliance, ensuring all financial records and transactions are accurately reviewed and meet tax authority requirements.
• Prepare tax documentation, address tax inquiries, and implement recommendations to strengthen the company’s financial controls and processes.
• Ensure that the company remains compliant and updated with all relevant tax regulations imposed to the company’s business.

• Undertake any other duties and responsibilities assigned by the superior from time to time, ensuring the smooth operation of the Finance & Accounts department and the achievement of the company’s financial objectives.

Sime Darby