Manager, Finance

IKEA


Date: 1 week ago
City: Kuala Lumpur
Contract type: Full time

Job ID: REF5611Q

Date posted: 11/11/2024

Company description
  • MyTOWN is located in Kuala Lumpur, anchored by Malaysia’s largest IKEA. Visit us easily by bypass or take a ride on the MRT to the Cochrane underground MRT station. Our blend of fashion forward retail, amazing amenities, stylish alfresco events make MyTOWN the premier shopping destination in the heart of Kuala Lumpur. It's more than just shopping...it's an experience for everyone in the family!

Job description


RESPONSIBILITIES OF THE JOB

  • Maintain a documented system of accounting policies and procedure.
  • Review monthly analysis of Financial Reports against prior year and budget, providing explanations and financial highlights that will enable management to determine progress against budgets.
  • Review forecast profit and loss,cash flow positions, related borrowing needs, and available funds for investment and ensure that sufficient funds are available to meet ongoing operational and capital investment requirement.
  • Identify, investigate, and analyse potential operational improvement. As appropriate, based on findings make proposal for operational changes (policy, procedures, processes, etc.).
  • Ensure smooth process flow, optimize AR days and monitor, collect market intelligence to keep bad debts at minimal/0%.
  • Assist management in the formulation of its overall strategic direction.
  • Co-ordinate on any finance, management and credit control meetings involving shareholders.
  • To review and monitor tenants aging profile, recommend immediate action plan and obtain credit control members endorsement.
  • Liaise with legal personnel to ensure action plan communicated to manage and mitigate risk of tenants owing huge balances.
  • Assess, evaluate, mitigate risk & proposed credit limit for management’s approval.
  • Review additional analyses and reports as requested by management.
  • Review yearly corporate and deferred taxation.
  • Manage and co-ordinate yearly external audit process.
  • Manage accounts payable process to ensure payment to vendor is made within company’s credit terms.

Qualification
  • Bachelor’s Degree in Accounting or any related discipline, with partial professional qualification of ACCA, CPA, CA, MIA, CIA or equivalent.
  • Partial professional qualification of ACCA, CPA, CA, MIA, CIA or equivalent.
  • Minimum 5 years’ experience in similar capacity.

More Information


Motivation:

  • Passionate about growing business and people together.
  • Enjoy meeting tenants and negotiate with tenants by providing effective solutions.
  • Strong sense of achievement in change management.
  • Constant smooth finance operation, credit control and continuous process improvement.
  • Making sure company has sufficient capital/cash flow to meet operational cost and business continuity.
  • Strong sense of planning and organizing.

Knowledge:

  • Accounting Standards.
  • Yardi Accounting System.
  • Balance Sheet.
  • Income Statement.
  • Cash Flow Management.
  • Budget & Forecast Planning & Analysis.
  • Credit Control Management.
  • Taxation.
  • Process Improvement.
  • Retail Management.

Capabilities:

  • Communication.
  • Analytical.
  • Negotiation.
  • Problem-Solving.
  • Proactive.
  • Performance-drive.
  • Leadership.
  • Ability to work independently.
  • Interpersonal skills.
  • Critical Thinking.

BENEFITS

  • Free season parking
  • Outpatient Specialist RM 5,000 per annum
  • Medical insurance (self only)
  • Flexible benefit of RM 1000 for Dental, Optical, Fitness & Health Screening (after confirmation of probation)
  • Staff meal vouchers
  • 15% Ikea discount card
  • Performance bonus
  • Nearby public transport
  • Flexible working hours
  • Regular team activities
  • Company trips
  • Annual leave
  • Personal development opportunities

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