Job Details
Nationality Requirement: Malaysia
Job Description
What We Offer:
✅ Medical Benefits
✅ Free Parking
✅ Company Snacks
✅ Performance Allowance
✅ Annual Leave & Public Holidays
✅ Team-Building Activities
✅ Internal and External Training Opportunities
✅ Professional Development Programs
✅ Career Advancement Opportunities
✅ Negotiable Salary Based on Experience
Key Responsibilities
1. Group Financial Management & Reporting
Prepare and consolidate monthly, quarterly, and annual financial reports for group companies.
Ensure timely month-end and year-end closing for all entities.
Analyse profitability by business segment (freight forwarding, warehousing, transportation, bonded services).
Monitor inter-company transactions, recharges, and eliminations.
2. Revenue, Costing & Margin Control (Logistics-Focused)
Monitor revenue recognition for:
Freight forwarding
Break-bulk & consolidation
Warehousing & bonded storage
Transportation & last-mile delivery
Control direct operating costs including fuel, tolls, port charges, customs fees, handling charges, and subcontractor costs.
Track job costing, shipment-level profitability, and customer margin analysis.
3. Cash Flow, Credit & Treasury Management
Manage cash flow for high-volume, low-margin logistics operations.
Oversee Accounts Receivable, including:
Credit limits
Customer aging
Dispute resolution with Operations & Sales
Ensure timely settlement of freight charges, shipping lines, hauliers, and agents.
Manage banking facilities, guarantees, and trade-related instruments.
4. Statutory, Tax & Customs Compliance
Ensure compliance with Malaysian statutory requirements:
Income Tax
SST (Logistics / warehousing where applicable)
EPF, SOCSO, EIS
Oversee financial compliance relating to:
Bonded warehouses
Customs duties & deposits
Customs audits and reconciliations
Liaise with Customs, auditors, tax agents, bankers, and government authorities.
5. Internal Controls & Risk Management
Establish strong internal controls across:
Cash handling
Freight billing
Subcontractor payments
Bonded cargo financial tracking
Ensure segregation of duties between Operations, Billing, and Finance.
Monitor risks related to customs penalties, underbilling, overpayment, and compliance breaches.
6. Budgeting, Forecasting & Business Support
Prepare annual budgets and rolling forecasts for group companies.
Support management in pricing strategy, contract evaluation, and tender costing.
Provide financial input for new routes, customers, warehouses, or fleet expansion.
7. Audit, SOP & System Management
Coordinate external and internal audits, including customs-related audits.
Develop and maintain Finance SOPs aligned with logistics operations.
Support implementation and enhancement of systems such as:
Accounting systems
Warehouse Management Systems (WMS)
Transport Management Systems (TMS)
8. Team Leadership & Stakeholder Coordination
Lead and supervise finance teams across multiple locations or warehouses.
Train staff on logistics-related financial controls and procedures.
Work closely with Operations, Sales, Customs Compliance, and Management.
Authority & Decision-Making
Approve operational payments within approved limits.
Recommend credit terms, pricing structures, and cost controls.
Escalate financial and compliance risks to Management promptly.
Key Performance Indicators (KPIs)
Timely and accurate group financial reporting.
Healthy cash flow and reduced receivable aging.
Margin control by customer, route, and service.
Audit outcomes and compliance status.
Effectiveness of internal controls.
Job Requirements
Education & Professional Qualifications
Bachelor’s Degree in Accounting, Finance, or related discipline.
Professional qualification (ACCA / CPA / CIMA / MIA) is highly preferred.
Experience
Minimum 5–8 years relevant experience in finance.
Prior experience in freight forwarding, logistics, or warehousing using Auto-Count software is a strong advantage.
Experience managing multi-entity or group accounts.
Skills & Competencies
Strong understanding of logistics costing, revenue recognition, and customs-related finance.
Familiar with SST implications in logistics and warehousing.
Strong leadership, analytical, and problem-solving skills.
High integrity, accuracy, and confidentiality.