Finance (Ipoh) – Payroll / Costing / Financial Analyst / GL / Cash Management at Coherent

Job description

Company: Coherent Corp. Location: Ipoh, Perak, Malaysia Job Function: Finance & Accounting About Us At Coherent, we are continuously looking for talented, motivated and detail-oriented Finance and Accounting professionals to support our business operations in Ipoh. We are building a talent pipeline of qualified candidates across various finance functions, including Payroll, Costing, Financial Analysis, General Ledger (GL) and Cash Management. Whether you are an experienced finance professional or a fresh graduate looking to develop your career, we welcome you to explore future opportunities within our Finance team. Job Responsibilities Depending on your area of specialization, responsibilities may include: 1. Payroll Support and manage payroll processing to ensure accurate and timely salary payments. Verify payroll information, including attendance, overtime, allowances, deductions and statutory contributions. Ensure compliance with applicable payroll regulations, company policies and statutory requirements. Prepare payroll reports, reconciliations and supporting documentation. Work closely with HR and Finance teams to resolve payroll discrepancies and employee payroll-related inquiries. Support payroll audits, reporting and process improvement initiatives. 2. Costing Perform cost accounting activities, including product costing, inventory valuation and manufacturing cost analysis. Monitor production costs, material usage, labour costs and manufacturing overhead expenses. Analyze cost variances and identify opportunities for cost optimization and operational efficiency. Support standard cost updates, budgeting, forecasting and financial reporting activities. Collaborate with Production, Operations and Supply Chain teams to improve cost visibility and accuracy. Assist in month-end closing activities, inventory reconciliations and cost-related reporting. 3. Financial Analyst Prepare and analyze financial reports, budgets, forecasts and business performance reports. Monitor financial performance, identify trends and provide insights to support business decisions. Conduct variance analysis between actual results, budgets and forecasts. Support financial planning, cost control and profitability improvement initiatives. Work closely with business stakeholders to understand financial performance and operational requirements. Develop financial models, reports and dashboards to support management reporting and decision-making. 4. General Ledger (GL) Perform general ledger accounting activities, including journal entries, account reconciliations and month-end closing. Ensure accuracy and completeness of financial transactions and accounting records. Prepare balance sheet reconciliations and investigate accounting discrepancies. Support the preparation of financial statements and management reports. Ensure compliance with applicable accounting standards, internal controls and company policies. Assist with internal and external audits by preparing relevant documentation and supporting schedules. Identify opportunities to improve accounting processes and reporting accuracy. 5. Cash Management Support daily cash management activities, including cash position monitoring, payment processing and cash flow reporting. Prepare cash flow forecasts and monitor cash availability to support business operations. Perform bank reconciliations and investigate discrepancies in banking transactions. Coordinate with relevant stakeholders on cash receipts, payments and fund transfers. Maintain accurate banking records and support treasury-related reporting activities. Ensure compliance with internal financial controls, banking procedures and applicable policies. Identify opportunities to improve cash management processes and operational efficiency. Requirements Diploma or Bachelor's Degree in Accounting, Finance, Business Administration, Economics or a related discipline. Relevant experience in Finance, Accounting, Payroll, Costing, Financial Analysis, Gener