Primary functions:

Finance and Accounting

Preparation and reconciliation of monthly closing of the Holding Company accounts

Manage all financial affairs of the Companies assigned to and ensure that monthly closing of the Group accounts is completed timely

Ensure the efficiency and effective financial control system and reporting procedures are in place

Establish and enforce proper accounting policies and procedures with the emphasis on internal control in line with the Financial Reporting Standards

Lead, supervise and provide guidance to junior executives to ensure transactions are recorded correctly and accurately for timely closing of accounts

Review and check work done by the members of department to ensure accuracy prior to submission to management review

Setting effective price of goods and/or services for transaction between intercompany and affiliated organizations to avoid issue with transfer pricings while achieve the best financial outcome possible

To ensure Account Department maintain a systematic filing of customers/supplies’ records, invoices & delivery orders, AR & AP statements, banks statements, payment vouchers, receipts, bank-in-slips, claims, etc for monthly closing of management accounts

Responsible for the planning, conducting physical stock count and perform stock reconciliation of finished goods, raw materials and packaging materials

Responsible for management credit control, cashflows, account receivables, account payables, fixed assets and inventories

Update payment for inter-companies, online banking and cheques records, maintain cashflow, bank accounts, performed bank reconciliations and liaise with banks

Monitor and keeping track on raw material costings for the Company and maintain monthly reconciliation of inventory closing

Regularly review supplier’s product contracts pricings, payment terms to fulfilling the company sourcing requirements

Attending to the Group of companies’ audits including audit queries and handling of all tax related queries for timely year end closing of the Group of companies’ accounts

Liaison person with auditors, tax agents IRB and custom and/or relevant authorities as required including new applications (i.e GTS/SST, etc) and all related matters

To proactively involve in identifying key issues and opportunities and make recommendation to management for financial decisions

Administrative and Operations

To oversee the general administration and ensure appropriate policies are in place for overall smooth running of the internal administration and its cost effectiveness

To liaise with lawyers for legal matters and ensure external contracts i.e. tenancy agreements, supply contracts are appropriately managed

To liaise with the Company Secretary for all secretarial related matters

Ensure the Companies fixed assets and stock inventory are insured adequately and Group PA, Group Medical Insurance is reviewed periodically and kept abreast on new plans

Preparation of employee payrolls when necessary and ensure timely submission of statutory contributions and payments to the government agencies, i.e. EPF, SOCSO, EIS, IRB and preparation of Form E and EA forms

Perform duties related to finance and administrative support that may be assigned to from time being

Oversee the Sales Administration Department, Purchasing Department, Human Resource Department, third party warehouse daily operations, and also Group of company’s daily operations matters/issues.

Amoy Canning Corporation (Malaya) Berhad