Finance Manager

Key Priorities and Responsibilities for the Role
The role will be leading all aspects of the Foundation’s financial reporting and control processes
(but not limited to) fulfilling the following tasks and responsibilities:
Relationship Management and Communication:
Act as the primary liaison on all finance-related matters including presentation on the financial
performance and position of the Foundation to:
● Board of Trustees and subcommittees (Administration Committee and Investment
Committee)
● External Auditors, Inland Revenue Board, Ministry of Higher Education and Parliament
● Banks and Investment Asset Managers
● Donors
● Other relevant parties

Statutory Compliance:
Monitor and review compliance standards across:
● Accounting: Be responsible for annual financial statements as per the required standards
● Tax Exemption: Ensure the Foundation’s ongoing compliance in accordance with conditions as
set out under subsection 44(6) of the Malaysian Income Tax Act 1967
● Tax Reporting: Submit annual tax report
● Parliament: Ensure annual report to Parliament is up to standard, accurate and timely
● Governance: Ensure compliance with YTAR’s Act as well as supporting internal financial
policies and procedures

Financial Management and Reporting:
● Be responsible for the preparation and maintenance of monthly financial reports for all
income and expenses of the Foundation
● Be responsible for reviewing the Foundation’s investments on a quarterly basis in conjunction
with appointed fund management providers
● Provide oversight over the work of the Office Manager which includes:
○ Preparation of monthly online / cheque payment for expenses, payroll, EPF / SOCSO
and other similar outgoings
○ Issuance of receipts for all income including donations and other such contributions
to the Association
○ Maintenance of master spreadsheets detailing expenses and receipts of the
Association

● Manage the process of annual budgeting, performing variance analysis and monthly
reforecasting – the ability to optimize cash flows and cash balance management to ensure
high efficiency of the Foundation’s capital base is critical
● Prepare quarterly donor reports based on scholarship or restricted programme (e.g. Closing
The Gap, Future Ready) expenses and balance