Manager, Finance

SD Guthrie International (SDGI) produces edible oils, palm oil-based biodiesel, nutraceuticals and other palm oil derivatives for the global market. Driven by a philosophy of “Realising possibilities, together”, SDGI collaborates closely with customers to develop bespoke solutions, including superior refined oils and fats that are tailor-made to their needs.

Your Mission

• Overseeing and managing the Finance Department
• Responsible for accurate and timely submission of financial and management reports and ensure adherence to financial, accounting and operational procedures
• Responsible for providing accurate and timely submission of financial and cash flow forecast as well as accuracy on forecasting operational performance.
• Responsible for annual budgeting and preparing of statutory accounts
• Effective management of working capital especially on management of debtors and inventories.
• Review and analyse cost accounting report
• Actively support the Business Unit Head in value creation and cost reduction initiatives
• Recommend and implement internal control and corporate governance processes
• Report financial performance, variance analysis and describe the job’ s key responsibilities, functions and activities in a concise matter
• List amount of time spent on each responsibilities, functions and activities, where possible recommendations for process improvements
• Supervise, train and take leadership role in developing accounting staff
• Ensure adherence to financial, accounting and operational procedures and prompt submission of monthly financial and operational reports to Head Office.
• Design, implement, monitor and review the accounting system and procedures to meet the requirements of both the internal and external auditor.
• Liaise with bankers on banking facilities, foreign exchange and money market transactions, letter of credit and other banking matters.
• Monitor daily cash flow and project funding requirements for effective control and utilization of excess funds.
• Manage foreign exchange exposure and hedge appropriately in accordance with approved company policies.
• Provide financial information/analysis to management as and when required.
• Liaise closely with marketing department on debt collection and compliance of credit term extended to customers.
• Assist management in the formulation of pricing policy for various products in response to changing commodity prices.
• Preparation of tax computations for review by Group Tax Department and submission of applications for various tax incentives, such as double tax deduction for R & D expenditure and promotion of export expenses.
• Aggregation of the departmental budgets and preparation of the main financial budgets.
• Handle annual insurance renewals and attend to all audit queries relating to annual accounts.

Ideal Candidate

• Degree or professional qualification in accounting
• 10 years of experience in finance and accounts including heading the department in various industries such as manufacturing, retail, auditing and management services in both private and public listed companies.

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