Manager, Budget
2 weeks ago
Established in 1806 as a small soap and candle business in New York City, Colgate-Palmolive is now a truly global company with products sold in over 200 countries and territories under such internationally recognised brand names as Colgate, Palmolive, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom's of Maine, Sanex, Ajax, Axion, Soupline, Haci Sakir, Suavitel, PCA SKIN, EltaMD, Filorga and Hello as well as Hill's Science Diet and Hill's Prescription Diet.
Colgate-Palmolive is a leading consumer products company that serves hundreds of millions of consumers worldwide with brands and products across four core businesses – Oral Care, Personal Care, Home Care and Pet Nutrition. We are committed to offering products that make lives healthier and more enjoyable, and programmes that enrich communities around the world.
Every day millions of people trust our products to care for themselves and the ones they love. Our goal is to use our technology to create products that will continue to improve the quality of life for our consumers wherever they live.
A career at Colgate-Palmolive is an excellent opportunity if you seek a global experience, constant challenge, and development opportunities in an environment that respects work/life effectiveness.
Job Title: Manager, Budget & PlanningTravel Required?: Travel - up to 10% of time
Date: 13 Feb 2025
Hybrid
No Relocation Assistance Offered
Job Number#164874 - Selangor, Selangor, Malaysia
- Lead the preparation of budgets/latest estimations and work towards delivering these plans with the commercial team.
- Prepare Budget Financial Analysis including Category & Brand P&L, Sales Growth Analysis, Price Analysis, Trade Spending Analysis, Margin Analysis, Non-Variable Overhead Analysis.
- Explore opportunities to leverage budget & planning effective procedures and simplify process.
- Conduct Financial Analysis including Category & Brand Profitability Analysis, Sales Growth Analysis, Price Analysis, Consumer & Customer Trade Spending Analysis, Margin Analysis, Non-Variable Overhead Analysis.
- Partner with Commercial Team and Marketing counterparts to provide key financial information/business analysis and support them on financial calculations relating to New Product launches, Pricing or Promotion, Hypothetical P&Ls and Strategic Plans preparations.
- Provide analysis and financial information to support Management and Commercial Team in the monthly Management and Commercial meetings to aid decision-making on business growth strategy and execution.
- Conduct Feasibility Study of New Product, Enhancement for Margin Improvement.
- Monitor and Control NVO's and Advertising funds and Premium spending related accrual accounts of actual spending vs. budget.
- Generate Month End Closing Reporting Package to Corporate.
- Monitor/Verify accuracy of financial information in the SAP/BI/CBP systems in the responsible category.
- Monitor Budget Sales and identify GAP.
- Holds a degree in accountancy or professional accounting qualifications (ACCA/CPA).
- Minimum seven years of work experience in FP&A, Budget Planning, Planning analysis, Commercial Finance, Financial Analysis or related field.
- Budget planning, P&L and Balance Sheet experience is preferable.
- Proven experience as a business partner to the commercial functions (Sales/Marketing) due to overall business understanding & perspective.
- Capable of delivering high quality and accurate work while respecting short lead times due to strong planning & priority setting.
- Ownership & initiative to drive and ensure optimal business tracking & understanding throughout the company.
- Proven strategic and analytical thinking capability.
- Self-starter who can work well both independently and across multi-level stakeholder groups.
- Advanced Microsoft Excel/ Google Sheet skills.
Equal Opportunity Employer
Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law.
Reasonable accommodation during the application process is available for persons with disabilities. Please contact Application_Accommodation@colpal.com with the subject "Accommodation Request" should you require accommodation.
Our Commitment to Diversity, Equity & Inclusion:
Achieving our purpose starts with our people — ensuring our workforce represents the people and communities we serve — and creating an environment where our people feel they belong; where we can be our authentic selves, feel treated with respect and have the support of leadership to impact the business in a meaningful way.
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