Malayan Flour Mills Berhad

Finance Manager (Construction Industry)

Malayan Flour Mills Berhad  •  Malacca, MY (Onsite)  •  7 days ago
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Job Description

Company Background:

We are representing our client a subsidiary of a public listed company, specialising in underground cable laying and overhead line installation services within the construction industry. With the current business expansion, they are looking for an experience Finance Manager from the construction industry to lead the Finance team.

Job Purpose:

The Finance Manager is responsible for overseeing the financial operations of the company, ensuring compliance with financial regulations, and providing strategic financial guidance to support business growth. The role involves financial planning, reporting, risk management, and ensuring proper financial controls are in place, particularly in alignment with the parent companys requirements as a listed entity in Bursa Malaysia.

Key Responsibilities:

Financial Management & Reporting:

  • Oversee the preparation of financial statements, management reports, and budgets.
  • Ensure timely and accurate financial reporting in compliance with Bursa Malaysia listing requirements, Malaysian Financial Reporting Standards (MFRS), and regulatory guidelines.
  • Monitor financial performance, analyse variances, and provide recommendations for cost optimization and profitability improvement.
  • Manage cash flow, forecasting, and working capital to ensure financial stability.
  • Develop and maintain internal controls to safeguard company assets and financial integrity.

Budgeting & Cost Control:

  • Lead the annual budgeting process, including cost estimation and financial planning.
  • Monitor and control project costs, ensuring compliance with approved budgets and project financial projections.
  • Collaborate with project managers and procurement teams to manage cost efficiency.

Compliance & Risk Management:

  • Ensure compliance with all statutory and tax regulations, including SST, withholding tax, and corporate tax obligations.
  • Liaise with auditors, tax authorities, and regulatory bodies to facilitate audits and compliance reviews.
  • Assess financial risks and implement mitigation strategies to safeguard company finances.
  • Maintain corporate governance practices in accordance with the parent companys requirements.

Stakeholder & Financial Strategy Management:

  • Provide financial insights and recommendations to senior management for business growth and operational efficiency.
  • Work closely with banks and financial institutions to manage financing arrangements, including loans, guarantees, and project financing.
  • Assist in investment appraisals, mergers & acquisitions, and financial due diligence activities.
  • Liaise with the parent companys finance team to ensure financial alignment with group policies and reporting structures.

System & Process Improvement:

  • Implement financial systems and ERP solutions to enhance reporting accuracy and efficiency.
  • Continuously improve accounting policies, procedures, and financial processes to support business scalability.

Requirements:

  • Bachelors degree in Finance, Accounting, or a related field. CPA, ACCA, or equivalent professional qualification is an advantage.
  • Minimum of 5-7 years of experience in finance, with at least 3 years in a managerial role within the construction industry.
  • Strong knowledge of Malaysian tax laws, MFRS, and construction industry financial management.
  • Ability to communicate in Mandarin language due to business needs.
  • Experience in managing project financing, contract accounting, and cost control in construction projects.
  • Proficiency in accounting software and ERP systems (SAP, Oracle, or equivalent).
  • Excellent analytical, problem-solving, and leadership skills.
  • Ability to work in a fast-paced environment and manage multiple projects simultaneously.
  • Strong interpersonal and communication skills for effective collaboration with internal and external stakeholders.

Consultant In-Charge:

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

Only shortlisted candidates will be notified.

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
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