Company Information
A FMCG company based in Klang Valley is currently looking for a Chief Finance Officer.
Responsibilities:
Financial Strategy and Planning:
Develop and execute comprehensive financial strategies in line with company objectives.
Initiate new deal of financial opportunities
Keep building and restructuring to attach the Company’s growth d. Oversee budgeting, forecasting, and financial planning processes.
Analyze financial data to provide insights and recommendations to Management
Financial Operations:
Manage cash flow, investments, and financial reporting to ensure optimal financial performance.
Ensure building relationships with banks for better deal and interests.
Build SOPs of the sales trade spending process and have timely meeting with sales team to discuss how to minimize the trade spending to ensure better financial position.
Monitor financial performance and identify areas for improvement.
Oversee the whole working flows (SOPs) in the company from finance point of view and the integration of the Company’s accounting system, with other core systems (e.g., sales and inventory system) to ensure accuracy.
Ensure accurate and timely payments are made to licensors, and ensure the Company has historically been accurate in payments made to licensors.
Ensure the Company adopts a policy for slow-moving/aging inventory, provisions for sales returns and issues credit notes in a timely manner.
Revaluate intangible asset capitalization policies, particularly pertaining to the capitalization of listing fees as an intangible asset.
Ensure timely and accurate tax payments are made to relevant tax authorities and parties, and the appropriate documents are filed.
Ensure compliance with accounting standards and regulatory requirements. m. Effectively manage the audit process and ensure timely submissions and filings. n. Ensure the proper Company Secretary documentations.
Risk Management
Assess and mitigate financial risks while implementing internal controls to safeguard company assets.
Evaluate potential investments and acquisitions to support growth strategies.
Effectively manage capital structure to ensure strong solvency and long-term financial health.