Manager - Finance (Cost Management)
4 days ago
If you are looking to excel and make a difference, take a closer look at us
Key Responsibilities and Accountabilities
- Financial Reporting & Analytics_
- Involved in monthly opex closing & reporting and supervise the preparation of relevant management reporting for MC meeting, including monthly bankwide opex flash reporting.
- Perform monthly cost allocation (actual / budget / forecast) and shared service costs computation and reporting.
- Quarterly forecasting process, validating and finalizing of business submission.
- Annual Budget process including budget assumption, consolidation and validation of budget submission by Business Units/departments, simulation and recommendation for management approval.
- Preparation of relevant cost management analysis slides for Management Committee and management within the stipulated timeline.
- Cost Control & Optimization_
- Working with business and other divisions in developing SOP and strategic cost savings initiatives including tracking, reporting and validation on actual achievement.
- Tracking and monitoring of accruals on non-business finance divisions to ensure accuracy and validity of accruals.
- Evaluating, tracking and monitoring of Capital Expenditure Request (CER) and ensuring CER raised is in compliance with CER Policy. Preparation of capital expenditure report for Management Committee and Board Meetings.
- Conduct Post Implementation Review (PIR) including validation of actual results against targets and preparation of PIR report for management on monthly basis.
- Evaluating, tracking and monitoring of Expenditure Approval Request (EAR) and ensuring EARs are in compliance with EAR Policy for non-business finance divisions.
- Systems & Administration_
- Provide support and maintain the Enterprise Resource Planning (ERP) and Enterprise Performance Management (EPM) system
- Managing the secretariat functions to the Bank’s Tender Review Committee (TRC).
- Any other ad-hoc assignments relating to cost management and TRC.
- About Hong Leong Bank_
- We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China._
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