Hyder Hasan, CFO, YTY Group Malaysia
Recent developments have resulted in unparalleled growth in financial strategy and technology innovation. As these interdependencies continue to grow, so do the related risks, requiring all individuals and organizations to adopt a more defensive approach on the business side, seeking clarity on their preparedness for the future ahead, and taking appropriate precautions to be change ready. Despite the efforts of financial specialists, the finance visual tends to deteriorate year after year. Given the fact, the role of a CFO is constantly being challenged due to the sea of evolutions in business conduct, it is vital for organizations to recruit the best for the perfect decision-making and directly contribute to the growth of the organization.
Challenging Times for CFOs
By: Sujith Vasudevan, Managing Editor
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Top 10 CFOs From Malaysia - 2023
Advocating the Administration towards a New Day of Bold Balance Sheet
Advocating the Administration towards a New Day of Bold Balance Sheet Cars need fuel to run, humans need food to run but any business organization needs a proper arrangement of requisite funding to run successfully. Chief Financial officers are the strategic head of the Finance department who works towards the accurate use of company’s financial capital. They also advice various plans on business management, market survey plan, budgeting, and forecasting. They sit at the apex level of the company and directs every day-to-day work and accordingly allocate capitals for that.
The new age CFOs are more strategic having a sound knowledge of technology, and harnessing the boon of it they are earning lucrative profits for the treasury of their respective firms. Few business organizations and startups have no access of finance department, in that case they outsource the service from any other third-party company, who works full time or contractual basis satisfying all the demands and needs of the company. Average salary of the CFO of any organization is 45.6 lakhs per annum.
Services Offered: Chief Financial officers offer a scrutinized and customized planning of company’s treasury and are highly responsible for holding budget meetings, allocation of resources, forecast the risk, check the balance sheet, update the tax files, maintains and checks the day-to-day financial affairs. Majorly, a CFO advocates all the factors including financial strategies and business management. Advantages of being a CFO: It is a high salaried job globally. Being at the apex position or face of the company, these CFOs have plenty of opportunities in this tech-led world. Even, CFOs in many organizations handles the responsibility of director or other head position.
However, being one of the highest and most responsible post for any organization, it entails high qualification and along with it needed minimum 10 years of experience and definitely need a postgraduate degree in this field or an MBA in finance.
CEO Insights Asia in this issue presents a list of "Top 10 CFOs From Malaysia–2023” who have leveraged their extensive industry expertise and experience in offering effective skills to the market. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board. We recognize their valuable contribution to the ever expanding and competitive market and their ability to sustain themselves and emerge as top contestants through their reliable knowledge.
Company Logo | Company Management | Company Name | Company Description |
---|---|---|---|
Boon Boon Lim , Head of Finance | QBE Asia | A passionate leader partnering to drive growth and profit, Finance reporting, planing and analysis, tax compliance, she also has expertise in auditing and account management | |
Hyder Hasan , CFO | YTY Group | A finance leader and business partner who ensures that the company grows and along with it the people , making a wholesome work & growth environment with more than two decades of experience across the global consumer goods and healthcare industry | |
Joonyoung(Justin) Kim , CFO | Cheil | A dynamic leader with close to two decades of experience managing entire malaysia finance organization, Controlling, ERP , Finance IT systems and data management | |
Matthew Daniel , Chief Financial Officer | Cycle & Carriage Malaysia | A dynamic leader with more than a decade of experience, he is expertise in corporate finance, management and analysis | |
Norhaizam Mohammad , CFO | KPJ Healthcare Bhd | A passionate lesder with more than two decades of experience, she is expertise in financial reporting & business strategy, healthcare and more | |
Sumit Goyal , CFO | Coca-Cola Beverages | A strong finance professional with two decades of experience, he is expertise in budgeting, business planning, corporate finance, managerial finance, and accounting | |
Siva Ananda Natarajan , Head of Finance | Kimberly-Clark | A seasoned finance professional with over a decade of global MNC experience in B2C and B2B setup, proficient in financial planning & analysis, business & financial performance monitoring and more | |
Suthakaran Ravindran , Head of Finance | PRYM | A dynamic leader with two decades of experience in finance, reporting, budgeting, project management,he maintains focus, intensity and persistence in achieving overall corporate/organizational mission | |
Vivian G , CFO | Carlsberg Group | A passionate leader with two decades of experience, he has expertise in strategic planning& business strategy, management and more | |
Yip Chee Yeong , CFO | Hibiscus Petroleum Berhad | A dynamic leader with close to three decades of professional experience in various types of industries such as oil and gas, manufacturing, technology, services, risk consulting, audit and many more |
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