Head of Financial Control

FINANCIAL CONTROL
Malaysia

Director


Why PayNet / Why Now

  • PayNet operates national‑scale financial infrastructure where financial integrity, regulatory confidence, and capital stewardship are non‑negotiable.
  • Increased platform complexity, subsidiaries, and regulatory scrutiny require stronger group‑level financial judgment.
  • This role exists to anchor trust in PayNet’s numbers while enabling informed, confident executive decisions.
  • Getting this role right protects PayNet’s credibility with regulators, auditors, and industry stakeholders.

TL; DR

  • Own financial integrity across PayNet Group, accounting, reporting, tax, and treasury.
  • Act as the CFO’s right hand on financial reporting discipline, compliance, tax planning and capital stewardship.
  • Lead senior finance teams that safeguard trust while enabling strategic decisions.
  • Shape how PayNet presents, defends, and stands behind its financial position.

Why This Role Matters

  • PayNet’s financial statements underpin regulatory confidence and Board decisions.
  • Weak control or judgment creates outsized reputational and compliance risk.
  • Strong leadership in this role enables speed without sacrificing discipline.
  • This role requires judgment over process, especially when standards meet ambiguity.

What You Will Actually Do

  • Own group‑wide financial reporting, consolidation, and balance sheet integrity across entities.
  • Shape accounting policy treatment decisions and judgments in complex or non‑standard transactions.
  • Lead PayNet’s tax strategy, compliance posture, and engagement with tax authorities and advisors.
  • Own treasury strategy covering liquidity, cash flow, and safeguarding of financial assets.
  • Act as the primary counterpart to auditors, regulators, and the Board on financial matters.
  • Build and lead senior finance leaders across accounting, tax, and treasury.

Examples of This Role in Practice

  • Taking a clear accounting position on a complex transaction where guidance is not explicit.
  • Defending PayNet’s financial treatment to auditors or regulators under scrutiny.
  • Re‑framing a capital or liquidity concern into a clear executive decision with trade‑offs.
  • Identifying balance‑sheet risks early and escalating before they become control issues.
  • Coaching finance leaders to move from compliance executors to trusted advisors.

What Will Help You Succeed

  • Strong technical grounding paired with the confidence to exercise judgment.
  • Comfort being accountable for group‑level financial positions and disclosures.
  • Credibility with auditors, regulators, and senior executives.
  • Experience leading senior finance teams through complexity and change.
  • Commercial awareness to balance prudence with organisational agility.

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About the Company

Payments Network Malaysia Sdn Bhd

Embark on an exciting career journey with Payments Network Malaysia Sdn Bhd (PayNet), the heartbeat of Malaysia's financial markets!

As the national payments network and a pivotal infrastructure for Malaysia’s dynamic financial markets, PayNet is a linchpin in advancing the nation’s digital economy.

Our comprehensive suite of retail payment solutions - encompassing DuitNow (QR and P2P), JomPAY (Bill Payments), FPX (Online), MyDebit (Domestic Debit), MEPS (ATM), and IBG (Interbank GIRO) - not only offer wide accessibility but are seamlessly integrated into the fabric of daily life in Malaysia. These services have revolutionised the way Malaysians handle financial transactions, marking a significant leap in consumer convenience and efficiency.

At PayNet, our focus is on providing a safe, efficient, and innovative payments system. We are dedicated to improving and managing payment services that meet the evolving needs of consumers and businesses. Our work ensures the stability and reliability of Malaysia’s financial system, supporting the growth of the economy.

Learn more about our work and how we are contributing to Malaysia's financial future at www.paynet.my.

Join us in embracing digital payments and advancing Malaysia's financial landscape.