Strategic Finance Director
4 days ago
| Allianz Malaysia | Full-Time | Permanent
Job Summary:
The Head of Financial Planning and Analysis will oversee the annual planning, budgeting, and forecasting activities. This role is responsible for managing the Company's financial plan and ensuring that all business functions operate within allocated financial resources aligned with strategic priorities and organizational goals.
Key Responsibilities:
- Lead the preparation of annual and monthly planning dialogue process including coordination of information from relevant parties and reviewing the reasonableness of underlying assumptions used for projections.
- Preparation of presentation materials to Senior Management and Board Committees.
- Support CFO in identifying financial trends, business drivers, potential risks, and opportunities for improvement.
Budgeting and Forecasting
- Oversee the preparation and monitoring of budgets ensuring alignment with Company goals and strategic priorities.
- Collaborate with departmental heads to ensure accurate forecasting and timely adjustments to the financial plan as necessary.
- Provide robust monitoring and tracking of project expenses including regional investments.
Financial Analysis & Reporting
- Oversee the preparation of detailed financial reports analyzing performance against historical data and forecast projections.
- Identify variance and work closely with business functions to explain and address discrepancies.
Process Improvement / Finance Transformation
- Continuously evaluate and improve financial planning, budgeting, and forecasting processes, identifying opportunities for automation and efficiency gains.
Key Requirements:
- Must possess at least a Bachelor's degree in Finance, Accounting, or related field.
- Minimum 10 years of experience in financial planning, budgeting, and analysis with at least 5 years in leadership or managerial role.
- Proven experience in leading budgeting and forecasting processes preferably in an insurance organization.
- Strong understanding of financial modeling, expense management, and performance analysis.
- Advanced proficiency in financial software and Microsoft Excel.
- Strong analytical, problem-solving, and decision-making skills.
- Proficient in translating complex business information into clear and understandable terms.
- Capable of collaborating effectively with team members and engaging with personnel across all organizational levels.
- Highly organized, self-driven, detail-oriented, and able to operate independently in a fast-paced environment.
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