Malayan Flour Mills Berhad

Finance Director (Public Listed Manufacturer)

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

Job Description

Company Background

We are representing our client a public listed manufacturing group in Malaysia with a strong track record of growth and operational excellence. With diversified business segments and a solid presence in both local and international markets, the company continues to expand through innovation, strategic investments, and continuous improvement initiatives.

Work Location: Penang

We are seeking an experienced and strategic Finance Director to lead the full spectrum of financial management for a well-established public-listed group. This role will oversee group-wide financial planning, reporting, governance, tax, and treasury functions, while partnering closely with senior leadership to drive financial performance, compliance, and strategic growth initiatives.

Key Responsibilities

Financial Leadership & Strategy

  • Lead the annual group budgeting process covering income statements, business units, and corporate functions.
  • Revise and update financial forecasts to support strategic decisions.
  • Assess new investment proposals, including financial viability, risks, and funding requirements.
  • Present group financial results and insights during senior management meetings.

Financial Reporting & Compliance

  • Review group consolidation worksheets and quarterly financial results.
  • Oversee audited financial statements and liaise with auditors during interim and final audit cycles.
  • Review monthly management financial reports for accuracy and relevance.
  • Oversee corporate tax, deferred tax computations, tax returns, tax estimates, and tax planning.
  • Review Sales & Service Tax (SST) returns.
  • Review the annual report and ensure reporting accuracy.
  • Ensure internal governance and SOP compliance, including approval of customer process applications and IT infrastructure requests.

Financial Controls & Operational Oversight

  • Approve purchase orders, payment requests, CAPEX forms, credit notes, and related financial approvals.
  • Approve sales orders that exceed credit limits or credit terms.
  • Review insurance coverage for company assets and coordinate claims with relevant departments.
  • Review tenancy, contract, and agreement documentation.
  • Monitor debtors ageing, non-moving stock ageing, and collaborate with relevant teams on resolutions.
  • Assess expected credit loss (ECL) and determine necessary provisions.
  • Coordinate annual stock take, assess variances, and approve stock adjustments.
  • Review internal audit reports and ensure closure of findings.

Treasury, Banking & External Relations

  • Review and evaluate banking facilities documentation.
  • Address queries from financial institutions during annual reviews.
  • Support group liquidity planning, financial risk assessment, and capital management.

Leadership & People Management

  • Approve manpower requisition and job application forms for recruitment.
  • Oversee CSR-related budgeting and coordinate with internal teams.
  • Provide financial guidance to cross-functional departments to ensure alignment with corporate goals.
  • Undertake any additional tasks assigned by the Group Managing Director.

Requirements

  • Professional Certification such as ACCA/CPA/MICPA or equivalent.
  • Min 12 years of progressive finance experience, including several years in senior management.
  • Strong technical expertise in financial reporting, tax, consolidation, budgeting, and governance.
  • Experience in a public-listed manufacturing industry.
  • Strong commercial awareness, leadership skills, and stakeholder management capabilities.
  • Excellent communication and analytical skills.

Consultant In-Charge:

Adelene | adelene@ talentrecruit.com.my | +60123343582 (WhatsApp)

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