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Finance Executive

Job title: Finance Executive
Location: Johor
Specialisation: Accounting & FinanceOil & Energy
Salary: MYR 60,000 - 108,000 (Annual)
Reference: PR/157547
Contact details: Faez Kamal
Contact email: faez.kamal@jac-recruitment.com
Job published: July 01, 2024 16:30
Work Arrangement: Onsite

Opening Job Opportunity to our client based in Pengerang Port. 

Our client is an established gas manufacturing company.

 

Location: Pengerang 

Days of working: 5 days work. 

 

Main Responsibilities: 

 

1. Finance

 

FINANCIAL AND MANAGEMENT ACCOUNTING & REPORTING

• Drive and perform monthly closing activities ensuring accurate and timely production of Financial Statement

• Strategize and lead the process of preparing the Monthly Performance Report and Audited Financial Statement for endorsement/approval by Management, Board of Directors and Shareholders.

• Synthesize and provide insights on the performance highlights, projections and analysis (against Plans and Budget, prior periods and benchmarks)

 

PLANNING & BUDGETING

• Strategize and lead the process of developing corporate strategies, long term objectives and initiatives

• Prepare Plans and Budget for ensuring alignment with strategic business direction, accurate, complete and complied to applicable standards.

• Facilitate review and challenging session with management before presentation to the Board of Directors for approval.

• Custodian and advice for budget transfers and supplementary budget process

 

PLANT ACCOUNTING & PRODUCT COSTING

• Determine, review and finalize Unit Product Costing (UPC) and Plant Cost Efficiency Analysis by developing appropriate cost allocation rule through understanding of plant operating mode and trending analysis.

 

FINANCIAL SERVICES & TREASURY

• Strategize and lead the overall efficiency of Accounts Payable, Account Receivable & Petty Cash to ensure compliance with statutory requirements and PGSSB policies and procedures.

• Strategize and lead an effective cash management process including cash flow forecast, forex & hedging strategy for optimum utilisation of financial resources through managing & monitoring the working capital to maximise return to company.

• Review debt management related matters with regards to payment of principal, & interest ensuring compliance to loan agreements

 

CORPORATE FINANCE

• Formulate strategy on funding requirement, optimal capital structure 

• Develop and maintain Corporate Financial Policy

• Develop dividend plan TAX

• Strategize and provide effective tax planning to ensure company can benefit from any tax activities company eligible to

• Prepare Tax estimates, Corporate Tax, & Indirect Taxes Returns and ensure submission to Inland Revenue Board and relevant regulatory bodies are timely and accurate

 

INSURANCE

• Review and ensure adequate insurance coverage for company

• Facilitate insurance claims and discussion between Insurance Companies or Adjusters with asset owners or users

 

COMPLIANCE & GOVERNANCE

• Drive development and implementation of company LoA and PGSSB Finance work processes and procedures in consultation with key PGSSB stakeholders

• Administer new application of SAP ECC6

• Develop and implement Annual Compliance Review to ensure compliance to LoA, Work Process and Procedures and System Control.

 

2. Leadership

• Provides visible leadership and promotes HSSE culture.

• Promotes a culture of openness, willingness to contribute, mutual learning, continuous improvement and innovation to achieve operational goals.

• Is accountable for the performance of the ASU RAPID finance function, including meeting related operational cost base targets.

 

3. Mindset, Behaviour and Culture

• Promotes distinctive mindset, behaviour and culture to achieve high work

• performance by adoption and implementation of value interventions, tools and methodologies. Promotes and instills a high sense of commitment, ownership, integrity and loyalty that will contribute to company operational excellence.

 

KEY RESPONSIBILITIES

• Bachelor’s Degree in Accounting or related discipline 

• Minimum 5 years of experience in finance processes covering financial reporting and finance operations

 

BENEFITS 

Basic + Allowance + Bonus

5 Days Work

 

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