Finance Director | 40HRS

Finance Director

Work Location: Yangon

Job type: Full-Time

Posted: 13-03-2023

Salary: Negotiate

Email: soe.htway@40hrs.com.mm

Job Responsibilities

• Develop and maintain timely and accurate financial statements and reporting with monthly, quarterly and annual deadline in accordance with International Financial Reporting Standards of Myanmar Companies.

• Oversee the financial strategic planning of the company by evaluating its performance and potential risks.

• Ensure that all statutory requirements of the company are met including company status, DICA filing, audited accounts and tax reporting.

• Perform regular financial analysis.

• Create financial forecasts, manage cash flow by tracking transactions and regularly reviewing internal reporting.

• Establish strategic planning process for long- term development in line with Company policies and procedures.

• Develop budgets that meet the requirements of company departments.

• Establish targets and manage all accounting and finance employees including management accountants and internal auditors.

• Oversee and supervise all audit and internal control processes.

• Prepare detailed reports on the company’s financial performance.

• Guarantee compliance with financial laws and guidelines.

• Recognize patterns in company spending, revenue, and recommend solutions to any problem areas.

• Support development and implementation of standard accounting procedures to ensure

effective operation of finance department, including prevention of misappropriations and fraud.

• Manage the accounting and bookkeeping function using the ERP system, including maintenance of the general ledger, accounts payable, accounts receivable, credit control, inventory control and payroll.

• Take full ownership with accountability

• Good Work Ethics and Integrity

• Manage the Finance Department and train the staffs whenever necessary.

• Any ad-hoc duties as and when assigned

Job Requirements

• Advanced knowledge of International Financial Reporting Standards and internal control principles.

• Experience in distribution business a distinct advantage.

• Excellent knowledge and experience in current updates of Myanmar Tax Laws, regulations and dealing with tax authorities.

• Knowledge and experience in using NetSuite ERP software

• Good communications skills (oral and written)

• Good English language and negotiating skills (oral and written)

• Strong understanding of numbers and financial analysis

• Excellent team player, positive work attitude and willing to work longer hours during peak periods

• Good organizational, analytical and interpersonal skills

• Self-motivated and willing to constantly strive for improvements

• At least 10 years work experience in similar position (progressive financial responsibility)

• Ability to drive financial and operational performance measures

• University degree, Bachelor or above with major in accounting, finance, commerce or business administration and CPA/ACCA qualifications

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