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Finance Executive
Accounting
Company shared salary
RM3,000–RM4,500/mo (RM36,000–RM54,000/yr)
Market rate
RM4,000–RM6,000/mo (RM48,000–RM72,000/yr)
Based on similar roles (title + domain + location).
Responsibilities
- ● Prepare and analyze budgets, ensuring financial efficiency and cost control.
- ● Manage full financial reporting for multiple outlets, ensuring accuracy and compliance.
- ● Prepare SST computation and submission, monitor service charges and tax implications for menu pricing.
- ● Manage accounts payable and receivable, ensuring timely payments and collections.
- ● Track inventory costing using FIFO or Weighted Average Cost methods.
- ● Conduct monthly stock take to ensure accurate inventory valuation and minimize discrepancies.
- ● Analyze food cost percentages and profitability metrics to support pricing strategies.
- ● Ensure audit readiness by maintaining accurate financial records.
- ● Collaborate with operations teams to optimize procurement and cost control.
- ● Prepare financial reports and insights for senior management decision-making.
- ● Liaise with auditors, tax consultants, and regulatory bodies to ensure compliance.
- ● Develop and refine financial SOPs to enhance efficiency and transparency.
- ● Contribute to setting SOPs for financial workflows, payment processes, and inventory management.
Requirements
- ● Bachelor's degree in accounting, Finance, or a related field.
- ● Preferably 1-2 years working experience in F&B or related industries.
- ● Strong understanding of SST compliance, service charges, and tax regulations.
- ● Experience with inventory costing methods and financial benchmarking.
- ● Proficiency in Microsoft Excel, Point of Sales (POS) systems, and accounting software.
- ● Excellent analytical and problem-solving skills.
- ● Ability to work independently and manage multiple financial tasks.
- ● Strong communication skills and team player.
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