Chief Finance Officer (Manufacturing)

Salary Range
Up to RM20,000 - Open for discussion depending on experience and qualification

Position Overview:

The Chief Financial Officer (CFO) will be responsible for overseeing and managing the company’s financial operations, ensuring the financial health and stability of the organization. This role requires a strategic leader who can manage financial risks, planning, and reporting, and provide insights to the CEO and other senior leaders to drive business performance. The CFO will also be involved in budgeting, financial forecasting, analysis, compliance, and financial strategy within the manufacturing sector.

Key Responsibilities:

Strategic Financial Leadership:

• Develop and execute financial strategies that align with the company’s long-term goals.
• Provide strategic recommendations to the CEO and other senior leadership based on financial analysis and projections.
• Assess the financial performance of the organization and identify areas for improvement.
• Oversee the preparation of annual budgets, forecasts, and financial plans.
• Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements.
• Monitor and analyze financial performance, highlighting key trends and recommending corrective actions.
• Prepare reports for shareholders, board members, and regulatory bodies as required.
• Oversee financial audits and liaise with external auditors to ensure compliance with statutory requirements.

Cash Flow Management:

• Oversee the company’s cash flow, working capital management, and funding strategies to ensure liquidity and operational efficiency.
• Manage and optimize relationships with banks, investors, and financial institutions.
• Ensure the company has sufficient financial resources to meet its operational and capital expenditure needs.
• Develop and implement financial risk management strategies to minimize business risks.
• Ensure compliance with all local, state, and federal regulations, tax laws, and financial reporting standards.
• Stay updated with changes in the regulatory landscape affecting the manufacturing industry.
• Manage and assess the company's internal controls to safeguard assets and financial integrity.

Operational Efficiency:

• Evaluate operational financial performance and provide insights to optimize processes, reduce costs, and improve efficiency in manufacturing.
• Implement best practices in financial management to streamline operations.
• Collaborate with other departments to drive cost-effective initiatives and enhance profitability.
• Lead and manage the finance team, providing mentorship, guidance, and professional development.
• Establish a strong team culture, ensuring clear communication and accountability.
• Ensure the team’s performance aligns with company goals and the overall strategic vision.

Investment and Funding:

• Evaluate and recommend investment opportunities that align with the company’s financial strategy and growth objectives.
• Oversee the capital budgeting process and ensure that financial decisions are sound and sustainable.
• Manage the company's debt and equity structure to ensure it supports long-term growth.

Qualifications and Skills:

Educational Qualifications:

• MIA (Malaysian Institute of Accountants) membership and Chartered Accountant (CA) qualification are required.
• A bachelor's degree in Finance, Accounting, Business Administration, or a related field. A master’s degree is an advantage.

Experience:

• A minimum of 10-15 years of experience in finance or accounting, with at least 5 years in a senior management role in the manufacturing industry.
• Proven experience in financial planning, analysis, risk management, and financial reporting.
• Strong knowledge of financial regulations, accounting standards, and tax laws in Malaysia and internationally.
• Hands-on experience with financial software, ERP systems, and manufacturing-related financial tools.

Skills:

• Strong leadership and team management skills with a focus on collaboration.
• In-depth knowledge of financial modeling, budgeting, and forecasting techniques.
• Excellent problem-solving, strategic thinking, and decision-making abilities.
• Strong communication and interpersonal skills to interact with stakeholders at all levels.
• Advanced knowledge of manufacturing finance and cost accounting principles.

Attributes:

• Strong business acumen and understanding of the manufacturing industry.
• Ability to thrive in a dynamic and fast-paced environment.
• Excellent attention to detail and analytical mindset.
• High ethical standards with the ability to maintain confidentiality.
• Proactive, hands-on, and solution-oriented approach to business challenges.