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A Finance Manager is crucial to any organization because they play a central role in maintaining its financial health and supporting strategic growth.
A Finance Manager plays a pivotal role in managing an organization’s financial health. Their job scope typically encompasses a range of responsibilities aimed at ensuring the effective allocation of resources, maintaining financial stability, and supporting business goals.
Develop and monitor budgets, forecasts, and financial strategies. Analyze financial data to identify trends, risks, and opportunities.
Prepare reports and presentations for senior management on financial performance.
Oversee the preparation and management of budgets across departments. Ensure that spending aligns with the organization’s financial goals. Implement cost-control measures and identify areas for expense reduction.
Monitor and manage cash flow to ensure liquidity. Oversee investment strategies to maximize returns. Handle debt management and ensure compliance with loan agreements.
Prepare financial statements, including profit and loss accounts, balance sheets, and cash flow statements. Ensure compliance with accounting standards, laws, and regulations. Coordinate with external auditors during audits.
Identify financial risks and implement mitigation strategies. Ensure compliance with financial regulations and corporate policies. Manage insurance coverage and claims processes.
Collaborate with senior management to develop business strategies. Evaluate the financial viability of new projects or investments. Provide financial insights to guide business decisions.
Lead and manage finance teams, including accountants and analysts. Provide training and mentorship to team members. Collaborate with other departments to align financial goals with operational activities.
Ensure timely and accurate filing of tax returns. Keep the organization updated on changes in tax laws and regulations. Liaise with tax authorities and advisors to optimize tax positions.
Implement and maintain financial management software and systems. Streamline financial processes for efficiency and accuracy. Stay updated on industry trends and integrate relevant technologies.
Communicate financial results and strategies to stakeholders, including board members, investors, and lenders. Act as a point of contact for banks, financial institutions, and auditors.
By providing accurate financial data and insights, the Finance Manager helps senior management make informed decisions about investments, cost-saving measures, and business expansion. They evaluate the financial viability of new projects, mergers, or acquisitions, ensuring that resources are allocated wisely.
A Finance Manager ensures the organization has sufficient cash flow to meet its operational needs, pay employees, and invest in future growth. They monitor and manage financial risks, keeping the company stable during uncertain economic times.
Finance Managers prepare and monitor budgets, ensuring that all departments operate within financial constraints. They help prioritize spending and allocate resources efficiently to maximize the return on investment.
Ensures the organization complies with local and international financial regulations, avoiding legal penalties and reputational damage. Identifies potential financial risks and implements strategies to mitigate them, safeguarding the company’s assets.
By analyzing financial performance, they identify inefficiencies and recommend strategies to reduce costs and increase revenue. Their efforts directly contribute to improving the bottom line and achieving business goals.
They lead finance teams, ensuring accurate reporting and maintaining high standards of performance. As mentors, they build the skills and capabilities of their teams, fostering a strong financial department.
A Finance Manager communicates financial results and strategies to investors, shareholders, and lenders, building trust and confidence in the organization’s financial health. Their ability to present clear financial forecasts attracts potential investors and supports funding efforts.
Beyond short-term goals, Finance Managers focus on creating sustainable financial models that ensure the organization thrives in the future. They plan for contingencies and create strategies for growth in competitive markets.
They assess funding options for expansion, product development, or entering new markets. By balancing risk and reward, they enable the organization to innovate while staying financially secure.
We manage & take care of your financial.
Start doing it right.
Plan Code: mDevFM
Start today. Grow better.
Mandatory to use Card for monthly basis
Cash for Yearly basis.
We will study your business nature, setup the chart of account.
Fees starting from RM90 per month.
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Monitor the sales & expenses.
We will provide the method how to record your sales & expenss.
Fees for additional request based on estimations.
Preparing a full set of accounts up to tax submissions.
Fees based on request & estimations.
We will reconcile your statement, to make sure ZERO mistake.
Fees based on request & estimations.
Provide the profit & lost report by auto.
Provide the balance sheet report by auto.
More accounting requirements ? Let us know.
We will setup the acounting system for your business. Including the chart of account involve. Subscriptions of accounting system required.
The person in charge will liase with your company.
Your business will be monitored by our intelligence.
We charge at mininmum rate for RM100 per month (RM37.50 per hour).
All task will be quoted before initial progress started.
All charges will be waived or at discounted price if exceeds your budget, threshold or credit limit agreed.
We will advice the best what should do ?
A personal finance manager will be dedicted.
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