Malayan Flour Mills Berhad

Finance Manager (Rental & Sales)

Malayan Flour Mills Berhad  •  Selangor, MY (Onsite)  •  5 months ago
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Job Description

Company Background

We are representing our client an established industrial company in the construction sector, specialising in the sales and rental of scaffolding systems The company supports a wide range of commercial and infrastructure projects and operates an asset-intensive business model focused on operational efficiency, financial discipline, and sustainable growth.

  • Location: Puchong, Selangor
  • 5 working days (Mon-Fri, 8:30am-6pm)
  • Group insurance and outpatient medical benefits

The Finance Manager will oversee the full spectrum of finance and accounting functions for the scaffolding subsidiary, which operates a mixed business model of rental and sales. This role plays a critical part in financial reporting, cash flow management, cost control, and supporting business decisions, while ensuring compliance with statutory and group requirements.

Reports to: Finance Director

Key Responsibilities

Financial Management & Reporting

  • Manage full set of accounts, including AP, AR, GL, and monthly/quarterly/year-end closing.
  • Prepare accurate and timely management reports, financial statements, and analysis for Finance Director and Group.
  • Ensure compliance with MFRS, statutory requirements, tax regulations, and audit standards.
  • Coordinate external audits, tax filings, and liaise with auditors, tax agents, and company secretary.

Business & Operational Finance

  • Monitor and analyse profitability of rental vs sales operations, including asset utilisation, margins, and cost structures.
  • Oversee revenue recognition for rental contracts and sales transactions.
  • Manage CAPEX tracking for scaffolding assets and ensure proper asset capitalisation and depreciation.
  • Support pricing, contract review, and commercial decisions with financial analysis.

Budgeting, Forecasting & Cash Flow

  • Lead annual budgeting and periodic forecasting exercises.
  • Monitor cash flow, working capital, inventory, and receivables, especially for project-based customers.
  • Improve cash collection cycles and credit control processes.

Internal Controls & Process Improvement

  • Strengthen internal controls, SOPs, and financial governance across operations.
  • Improve finance processes, systems, and reporting efficiency.
  • Support system enhancements or ERP implementation if applicable.

Team & Stakeholder Management

  • Manage and guide finance team members.
  • Work closely with operations, sales, and management to support business growth.
  • Provide finance insights and recommendations to Finance Director and management.

Requirements

  • Bachelors Degree in Accounting, Finance, or related field.
  • Minimum 5–8 years of relevant finance experience, with at least 2–3 years in a managerial role.
  • Experience in construction, scaffolding, rental, trading, or project-based businesses is highly advantageous.
  • Strong understanding of rental accounting, inventory, fixed assets, and project costing.
  • Hands-on, detail-oriented, and comfortable working in an operational environment.
  • Good communication skills and ability to work with non-finance stakeholders.
  • Proficient in accounting systems and Microsoft Excel.
  • Occasional travel requires.

Consultant In-Charge:

Adelene | adelene@ talentrecruit.com.my | 0123343582 (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
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