Malayan Flour Mills Berhad

Chief Financial Officer (CFO)

Malayan Flour Mills Berhad  •  Johor Bahru, MY (Onsite)  •  4 months ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

The Chief Financial Officer (CFO) will be responsible for leading the overall finance function of the Group, covering financial strategy, reporting, governance, compliance, funding, and operational finance. This role is both strategic and hands-on, suitable for a growing / startup- style organisation with multiple business lines at different stages of maturity.

The CFO will act as a key business partner to the Senior Management, while also establishing strong financial discipline, systems, and controls from the ground up.

Key Responsibilities:



Financial Strategy & Leadership

  • Develop and execute the Groups financial strategy in line with business objectives and growth plans.
  • Provide financial insights, scenario analysis, and recommendations to support strategic decisions, investments, and expansions.
  • Act as a trusted advisor to the Senior Management on financial and commercial matters.
  • Support transformation, restructuring, or business takeover exercises where applicable.

Financial Planning, Budgeting & Forecasting

  • Lead annual budgeting, rolling forecasts, and long-term financial planning.
  • Monitor budget utilisation, cash flow, and funding usage (including equity, loans, or grants).
  • Establish performance dashboards for management and Board reporting.
  • Review and challenge assumptions from operational and business units.

Financial Reporting & Consolidation

  • Oversee preparation of timely and accurate monthly management accounts, financial statements, and cash flow reports.
  • Manage group consolidation, including subsidiaries, dormant entities, and newly incorporated companies.
  • Ensure compliance with applicable accounting standards
  • Liaise with external auditors, tax agents, company secretaries, and regulators.

Governance, Compliance & Risk Management

  • Establish and maintain strong internal controls, financial policies, and SOPs.
  • Ensure compliance with statutory, tax, regulatory, and reporting requirements.
  • Identify financial, operational, and compliance risks and implement mitigation measures.
  • Support Board governance requirements, audit processes, and regulatory reviews.

Treasury, Cash Flow & Funding

  • Manage cash flow, banking relationships, and treasury operations.
  • Oversee funding structures including shareholder funds, venture capital, revolving credit facilities, or project financing.
  • Monitor loan covenants, repayment schedules, and allowable fund utilisation.
  • Support fundraising, investor reporting, and due diligence exercises when required.

Operational & Commercial Finance

  • Partner with operations and project teams on cost control, pricing, feasibility studies, and profitability analysis.
  • Review contracts, concessions, and commercial agreements from a financial and risk perspective.
  • Support new business launches, terminal operations, or project start-ups.
  • Drive cost optimisation initiatives without compromising operational effectiveness.

Finance Team & Systems

  • Build, lead, and develop the finance team, including hiring and capability development.
  • Implement and improve accounting systems, reporting tools, and financial processes.
  • Ensure proper segregation of duties and scalable finance infrastructure as the Group grows.
  • Hands-on involvement where necessary, especially during early or transition stages.

Requirements & Qualifications:

  • Professional qualification in Accounting or Finance or relevant qualification (e.g. CPA, ACCA, CIMA, CA or equivalent).
  • Minimum 20 years of experience in finance, with exposure to senior leadership roles.
  • Strong background in group reporting, consolidation, and financial control
  • Experience in startup, high-growth, project-based, infrastructure, or multi-entity environments is highly advantageous.
  • Solid understanding of Malaysian statutory, tax, and regulatory requirements.
  • Commercially minded, adaptable, and comfortable operating in a fast-changing environment.
  • Ability to balance strategic leadership with hands-on execution.



Malayan Flour Mills Berhad

About Malayan Flour Mills Berhad

Established in 1961, Malayan Flour Mills Berhad (MFM) is the pioneer in the flour milling industry in Malaysia. MFM has grown to become the leading flour miller in Malaysia with regional presence in Vietnam and Indonesia. Over the years, we have expanded into poultry integration, aquaculture, and raw material trading. In FY21, the group revenue was RM2.43 billion.

MFM is one of the major poultry integrators in poultry feeds, breeding, farming with a state-of-the-art processing facility across the poultry value chain. Designed to meet the domestic and international markets, the advanced facility will process up to 300,000 birds per day.

With our asset of 3,000 people, we have transformed and grown in Malaysia and regionally. Synergising with our workforce, we embrace Artificial Intelligence, Big Data, Internet of Things (IoT) in our day-to-day business. Through our partnership with Tyson Food, Inc. and Toyota Tsusho Group, we aspire to be a leading global halal food enterprise while achieving sustainable development goals.

Building the workforce of the future…Today. We invite you to be part of our team!

Visit https://www.mfm.com.my/careers/ or apply via the Jobs tab in Linkedin.

Industry
Food & Beverage
Company Size
201-500 employees
Headquarters
Kuala Lumpur, MY
Year Founded
1961
Website
com.my
Social Media