MVC Resources

Group CFO (Manufacturing)

MVC Resources  •  Shah Alam, MY (Onsite)  •  5 months ago
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Job Description


Key Responsibilities:

Group Consolidation:

  • Oversee the preparation and consolidation of financial statements for the group, ensuring compliance with IFRS and local accounting standards.

  • Manage the quarterly and annual financial close processes across multiple subsidiaries and business units.

  • Analyze and provide detailed explanations of group-wide financial results, highlighting any variances from budgets and forecasts.

  • Coordinate the inter-company reconciliations, eliminating inter-company transactions and ensuring accuracy.

Manufacturing and Costing:

  • Understand and evaluate the manufacturing cost structure, analyzing the cost of goods sold (COGS), direct and indirect costs, and overhead allocation.

  • Collaborate with the operations and production teams to ensure accurate costing of products and services.

  • Implement and manage cost accounting systems that track and allocate costs efficiently across different manufacturing units.

  • Drive improvements in manufacturing cost efficiency through process optimization and strategic recommendations.

System Implementation:

  • Lead and support the implementation of new financial systems or upgrades to existing ERP/accounting systems.

  • Work closely with IT and other departments to ensure smooth system integration and alignment with business processes.

  • Provide guidance and training to finance and accounting teams on system use and best practices.

  • Ensure financial data flows seamlessly through the organization’s systems, from production to financial reporting.

Financial Planning & Analysis (FP&A):

  • Assist in budgeting, forecasting, and long-term financial planning for the group.

  • Support strategic decision-making by providing detailed financial analysis, cost-benefit evaluations, and scenario modeling.

  • Monitor key financial performance indicators (KPIs) and recommend corrective actions where needed.

Compliance and Reporting:

  • Ensure compliance with statutory and regulatory reporting requirements across all jurisdictions in which the company operates.

  • Prepare board-level reports, presenting financial insights, risks, and opportunities for the business.

  • Oversee external audits, liaising with auditors to ensure timely and smooth audits.

Team Leadership:

  • Manage and develop a team of finance professionals, ensuring ongoing training and development.

  • Foster a culture of continuous improvement within the finance department.


Requirements


Educational Background:

  • Bachelor's degree in Finance, Accounting, or a related field.

  • Professional qualification (ACCA, ACA, CPA, or equivalent) is highly preferred.

Experience:

  • Minimum of 10 years of experience in finance, with at least 3-5 years in a senior financial management or controller role.

  • Proven experience in group financial consolidation, particularly in a multi-entity environment.

  • Solid understanding of cost accounting, particularly in a manufacturing environment.

  • Demonstrable experience with ERP and financial systems implementation. Familiarity with systems like SAP, Oracle, or Microsoft Dynamics is an advantage.

  • Previous experience with system upgrades and process automation is desirable.

Technical Skills:

  • Advanced Excel skills and financial modeling expertise.

  • Strong knowledge of accounting standards (IFRS, local GAAP) and financial reporting requirements.

  • Familiarity with financial planning software and data visualization tools.

Personal Attributes:

  • Strong leadership and team management abilities.

  • High attention to detail and accuracy.

  • Strong analytical and problem-solving skills.

  • Excellent communication and interpersonal skills, with the ability to collaborate cross-functionally.
MVC Resources

About MVC Resources

About Us:

MVC Resources is a fast growing Regional HR Service provider specializing in enabling talent and skills gap for executives and organisation. Since inception, MVC is instrumental in helping organisation to further grow their business from local, regional and global. Throughout the years, we have partnered with various organizations from start-ups, SMEs and MNCs in enabling talents, technologies and skills to grow. Our customers range across different industries and disciplines.

Industry
Unknown
Company Size
11-50 employees
Headquarters
Kuala Lumpur, MY
Year Founded
2020
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