Financial Analyst
6 months ago
[RN] Our client is one of the biggest insurance company in Msia.
**The expected impact includes**:
- Better control of GOE costs, leading to better control of escalating GOE costs
- Tight internal and regulatory compliance, avoiding potentially high impact non-compliance in relation to IT expenditure
- More accurate GOE expenditure forecasting, leading to better financial planning.
**Main Task**:
1. Annual budgeting:
2. Work with Business Unit teams to compile and consolidate the total annual budget request for the next financial year.
3. Communicate the allocated budget to the business units
4. Monthly forecasts
5. Obtain the forecasts of each month and the remaining year
6. Report the forecasts to management
7. Variance Analysis
- Analyze and explain the variances of large expenditure versus the allocated budget to the management
8. Monthly Financial Management Reporting
9. Review and Approve Purchase requests in Ariba against the approved budget
10. Financial analysis of any ad-hoc issues
11. Be accountable for maintaining monthly IT non-controllables and keeping the financials in check.
12. Be accountable for IT department's timely GR completion and ensure payments are made on time to 3rd Party Vendors.
“Performs other responsibilities and duties periodically assigned by supervisor in order to meet operational and/or other requirements”
Annual Budgeting - efficiency of compiling, allocating and communicating the annual budget
Monthly Forecasts - Reasonableness of forecasts
Variance Analysis - Accuracy and clarity in explaining the rationale of the variances
Monthly Management Reporting - Speed and accuracy of the Monthly Management Reports
Review and Approve Purchase requests in Ariba
- Speed and review
Process Improvements to the current monthly manual reconciliation process - Reduction in time spent to reconcile SAP reports
**Requirements**:
1. Graduate Finance-related degree.
2. At least 2 years’ working experience in a Finance position
3. Experience in financial analysis, financial modeling to support and drive business decisions
4. Results-driven; a proven record to work well under pressure, with a high degree of adaptability and flexibility in a rapidly changing environment
5. Strong communication and relationship skills to engage with key stakeholders at the senior management level and working level
6. Effective presentation skills
7. Detail-oriented and analytical, with an ability to communicate complex issues in simple terms
8. An enthusiastic “roll up your sleeves” mentality
**Salary**: RM3,200.00 - RM6,000.00 per month
**Benefits**:
- Opportunities for promotion
- Professional development
Schedule:
- Monday to Friday
Supplemental pay types:
- Performance bonus
- Yearly bonus
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