Vp of Cost Control

5 days ago

Cyberjaya, Malaysia Deriv Full time

Job Information

Job Opening ID
- ZR_1619_JOB

Industry
- Finance & Accounts

City
- Cyberjaya

Country
- Malaysia

As the Vice President of Cost Control, your role will be paramount in ensuring the financial stability and growth of our organization, with a strong focus on expense management, budgeting, and cost control.

As we embark on initiatives to build new products, open new offices, and expand our team, your proficiency in financial forecasting will play a crucial role in navigating the complexities of an evolving business landscape, identifying potential cost-saving opportunities, and implementing measures to ensure stringent cost control.

**Your challenges**
- Budgeting and forecasting: Create accurate and reliable budgets and forecasts that guide decision-making and manage financial risks while enabling the organisation to seize new opportunities and drive growth.
- Expense management: Develop and implement cost-saving measures to optimise the use of financial resources, improve profitability, and enable growth. This includes monitoring expenses, identifying cost-saving opportunities, and evaluating capital expenditures to ensure a strong ROI.
- Financial analysis: Conduct detailed financial analysis to gain insights into the company's financial performance, identify areas for improvement, and develop effective strategies to optimise financial performance and drive growth.
- Scenario building and analysis: Develop comprehensive financial projections that help guide critical decision-making across multiple scenarios, taking into account potential risks and opportunities that could impact the organisation's success.
- Business and product performance metrics: Develop and implement metrics that provide a comprehensive view of business and product performance. This will allow the management to make informed decisions on whether building, buying, growing, or abandoning would be the success strategy in any given situation.
- Financial reporting: Prepare and present monthly, quarterly, and annual financial statements that accurately reflect the company's financial position and performance while providing insightful analysis and recommendations to guide future decision-making.
- Risk management: Develop and implement robust risk management strategies that proactively mitigate financial risks and ensure financial stability, safeguard the company's assets, and drive long-term success.
- Process improvement: Continuously evaluate financial processes to identify areas for improvement while driving changes that streamline operations, optimise efficiency, and enhance the company's financial performance.

**Requirements**:

- University degree in accounting, finance, or a related field
- 15+ years of experience in accounting, finance, or a related field
- 5+ years of management experience
- Strong understanding of financial reporting, accounting principles, and financial analysis techniques
- Analytical thinking and problem-solving skills, with the ability to develop creative solutions to complex financial challenges

What’s good to have
- Experience in the FX industry
- Professional certification such as CPA, CMA, or ACCA

**Benefits**:

- Market-based salary
- Annual performance bonus
- Medical insurance
- Travel and internet allowance
- Casual dress code
- A chance to work with top talent from across the globe (70+ nationalities)
- Ample team-building and bonding activities
- Great overseas travel opportunities

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