Company Name: CORRIE MACCOLL MALAYSIA SDN. BHD.
Location: Palembang
Posted Date: 03/10/2024 15:33
Salary:
Job Description
- We are looking for a Financial Controller to be based in Indonesia.
- Reporting to Group Chief Financial Officer, the role is Accountable for the administrative, financial, and risk management operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.
Responsibilities:
- Planning
- Assist the CEO in preparing and monitoring the strategic business plan
- Manage the capital request and budgeting processes
- Financial Information and regulatory requirements
- Supervise accounting and reporting to HAC HQ under IFRS rules. Responsible for completion and review of monthly balance sheet reconciliations, ensuring accounts are accurately stated and have adequate support.
- Oversee the issuance of financial information
- Prepare analysis of the cost in individual factories
- Ensure Reporting Compliance to local Indonesia accounting standard for the purpose of local statutory accounts
- Report financial results to the local and group senior management
- Handle annual and interim audits and ensure fairness and compliance with all regulations that apply to the financial statements.
- Cash management and funding
- Supervise Treasury and Financing functions
- Control the cash flow position for all the operating units in Indonesia; understand the sources and uses of cash
- Maintain the integrity of funds
- Prepare accurate cash forecast, and share it with the HQ Treasury team
- Monitor cash balances and cash forecasts
- Arrange for debt and equity financing
- Maintain banking relationships
- Operations
- Participate in key decisions as a member of the executive management team
- Maintain in-depth relations with all members of the management team
- Manage any third parties to which accounting or finance functions have been outsourced
- Oversee the company’s transaction processing systems
- Suggest for operational best practices where applicable
- Risk Management
- Understand and mitigate key elements of the company’s risk profile
- Drive and ensure a robust control within the organization
- With the support of the Group Internal Audit, construct and monitor reliable control systems
- Maintain appropriate insurance coverage (I don’t think this falls under Finance. Should be factory manager or country manager, or operational manager)
- Ensure that the company complies with all legal and regulatory requirements (Should this be legal and compliance?)
- Ensure that record keeping meets the requirements of auditors and government agencies
- Maintain relations with external auditors
- Ensure proper follow up of issues raised by external auditors, internal auditors or group risk and control.
- Tax
- Monitor all open tax issues involving the company including those under litigation.
- Ensure proper and timely preparation of Transfer Pricing documentation
- Ensure timely submission of tax returns
- Ensure tax provisioning is reviewed timely based on frequency agreed with Group HQ in Singapore
- Ensure timely payment of tax
- Ensuring timely resolutions of all tax disputes
- Ensuring the firm comply timely with new tax regulation
Requirements:
- 15+ years of progressively responsible experience in Finance and accounting (experience in Big 4 Audit firms, and in a major company or division of a large corporation)
- Degree in Finance & Accounting. Qualification in Certified Public Accountant or Certified Management Accountant designations would be added advantages
- Language proficiency in Mandarin is required (both spoken and written for the correspondence with China headquarter), ability to communicate in Bahasa Indonesia would be an added advantage.
- Strong knowledge in accounting, costing, taxation and internal control.
- Excellent interpersonal/communication skills. High level of written and oral communication skills in English is expected.
- High integrity with good analytical and problem-solving skills.
- Proven management skill in a group of companies.
- Leadership skills and potentials. Experience in partnering with Executive team is expected.
- PC literate and able to use Microsoft Office software packages.
- Resourceful and energetic, with an eye for details on strategic matters.
- Able to work independently as well as being a team-player with strong commitment to department/company harmony.
- Must be able to work under pressure and meet the demands of the job.