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The Organization: We are a premier multinational corporation (MNC) and a dominant leader in the Oil & Gas services sector, specializing in high-specification equipment and integrated engineering solutions. With a significant manufacturing footprint in Malaysia, we serve the world’s largest energy companies through a network of advanced production facilities. We are seeking a high-caliber Finance Manager to oversee our manufacturing finance operations across all Malaysia sites. The Role: Reporting to the Finance Director based in Singapore, you will serve as the financial lead for our Malaysia manufacturing operations. You will be a strategic business partner to the Plant Managers and the Director of Operations, ensuring the financial integrity, cost-efficiency, and operational excellence of our production sites. Location: This role offers the flexibility to be based either at our Corporate Office in Kuala Lumpur or at our Main Manufacturing Site in Johor.
Job Responsibility:
Lead the finance and accounting functions for all manufacturing sites in Malaysia, ensuring standardized processes and reporting
Manage the end-to-end product costing process and conduct rigorous manufacturing variance analysis (Labor, Material, and Overhead)
Formulate and maintain standard costing for Bill of Materials (BOM), ensuring accurate machine rates and labor overhead allocations
Oversee inventory management, cycle counts, and valuation in accordance with SOX404 and internal control standards
Perform financial due diligence and capital investment appraisals for plant expansions, refurbishments, and new equipment
Lead the annual budgeting and monthly rolling forecast cycles for the manufacturing division, tracking performance against strategic goals
Act as a strategic partner to the Plant Managers and Regional Leadership, providing data-driven insights to drive productivity and margin improvement
Partner with the procurement and supply chain teams to optimize working capital, negotiate vendor terms, and evaluate sourcing strategies
Identify and lead cost-saving initiatives and process improvements (e.g., Lean or Six Sigma) to enhance factory throughput and asset utilization
Coordinate timely and accurate month-end and year-end closing activities for submission to the Singapore regional office and Global HQ
Ensure full compliance with MFRS/IFRS and local tax regulations, including Withholding Tax, SST, and Transfer Pricing documentation
Act as the primary liaison for internal and external audits, ensuring robust financial governance and remediation of any audit findings
Requirements:
10–12 years of progressive finance experience, with at least 5 years in a Manufacturing or Oil & Gas services environment
Professional degree in Accountancy and a qualified member of MIA, ACCA, CPA, or equivalent
Deep proficiency in SAP (FI-CO, MM, PP modules) and advanced financial modeling in Excel
Highly adaptable with strong communication skills to articulate financial results to stakeholders across different organizational levels
Commercially driven with a hands-on approach to people management and a passion for business transformation