Role Overview

The Financial Controller will oversee the company's accounting operations, financial reporting, internal controls, and system enhancements. This role is a blend of strategic financial oversight—including playing a key role in IPO readiness (DDWG) and ERP automation—and hands-on management of monthly/yearly closing, budgeting, forecasting, and credit control.

Key Responsibilities

1. Financial Reporting & Management Accounting

Month-End & Year-End Close: Manage and review the month-end entries prepared by the Finance Manager; compute accruals for annual audits, performance bonuses, and sales commissions.
Group Consolidation: Prepare group financial consolidations and ensure strict compliance with MFRS (Malaysian Financial Reporting Standards).
Financial Statements: Draft and review financial statements and notes to accounts for year-end closing.
Reporting: Prepare monthly reporting packages, including P&L reporting to key management, productivity reports, and variance analyses.

2. Budgeting, Forecasting & Analysis

Financial Planning: Prepare the annual P&L and Cash Budget, as well as annual financial forecasts.
Variance Analysis: Track the sales order book, monitor and track actual vs. forecast/budget (P&L), and analyze variances to provide insights.
Stakeholder Management: Deliver financial analysis and reports to respective stakeholders quarterly to support data-driven, informative decision-making.

3. Internal Controls & Corporate Governance

Standard Operating Procedures (SOPs): Implement and improve standard operating procedures to enhance company-wide efficiency and accuracy.
Financial Controls: Enforce robust internal financial controls and review reconciliations between intercompany balances (due to and due from).
IPO Readiness: Act as the strategic focal point for the Due Diligence Working Group (DDWG) - IPO.

4. ERP System & Process Automation

Drive the implementation and upgrade of the existing accounting/ERP system, specifically focusing on automating and managing:

Journal Voucher (JV) approvals
Property, Plant, and Equipment (PPE) entries
Inventory management
Setting credit limits
Departmental cost tracking

5. Cash Flow & Credit Control

Liquidity Management: Manage overall cash flow and monitor liquidity closely to support day-to-day operational needs.
Credit Assessment: Perform credit assessments to determine the creditworthiness of applicants upon request.
Risk Mitigation: Analyze and prepare credit recommendations based on financial statements, ratio analysis, and risk reports; ensure all approved transactions comply with established credit standards.

6. Team Leadership & Operations

Team Development: Provide regular guidance, training, and professional development to the finance team.
Point of Contact: Serve as the primary point of contact for day-to-day operational issues and inquiries related to monthly closing and reporting.

Key Performance Indicators (KPIs) / Frequency of Deliverables

Daily/Monthly: Month-end close entries review, cash flow management, intercompany reconciliations, and P&L reporting.
Quarterly: Group consolidation, productivity reporting, actual vs. budget/forecast variance analysis, and stakeholder reporting.
Annually: Budgeting (P&L & Cash), annual forecasting, financial statement drafting, and audit coordination.
Ad-hoc: ERP automation projects, DDWG (IPO) initiatives, credit assessments, and SOP implementations.