As the management arm of the MOFAZ group, one of Kumpulan Mofaz’s most vital role is overseeing the development, improvement and implementation of accounting and finance system and policies, to ensure that the Group flourishes in a healthy financial state. Through professional monitoring, coordinating, reviews and analysis which are periodically reported to the Board of Directors, we also act as a platform in bridging the ‘Expectations Gap’ between management and the workforce.
Other than the above-mentioned primary roles, Kumpulan Mofaz’s financial duties also include:
- Internal audit, external audit and taxation compliances
- Tax efficiency planning and zakat
- Cash flow management and optimization of Group funds
- Development and reinforcement of Standard Operating Procedures for finance-related matters
- Financing and fund raising assistance for subsidiaries and shareholders
- Back office support for remote companies
- Management of semi dormant / dormant companies of the Group
- Advisory and consultancy services to subsidiaries, shareholders and Board of Directors