Financial Planning Specialist

Responsible for supporting financial planning and analysis functions, including budgeting, forecasting, financial feasibility studies, financial modeling, and performance analysis. The position will play a critical role in supporting the Business Unit by providing valuable financial planning process and strategic insights and ensuring the accuracy and integrity of financial data.

KEY DUTIES AND RESPOBSIBILITIES

Financial Analysis and Valuation Studies:

• Investment Valuation Support: Provides support in building financial models and valuation cases, and performs investment analysis for expansions, new businesses, initiatives to improve efficiency and productivity, and mergers and acquisitions. Ensures accurate and timely processing of CAPEX requests. Conducts post-mortem analysis and investment lookback after achieving milestones of investment projects.
• Cost Analysis: Analyze and optimize company expenditures, identifying opportunities for cost reduction and efficiency improvement without compromising quality.
• Financial Analysis: Conduct comprehensive financial analysis, including variance analysis, trend analysis, and scenario modeling.

Budgeting and Forecasting:

• Budgeting and Forecasting: Work closely with department heads to develop accurate and achievable financial targets aligned with the company's strategic goals. Utilizes forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets.
• Long-Term Financial Planning: Provides support in the development of long-term financial models to evaluate the company's financial position and performance under various growth scenarios. Make recommendations to support sustainable growth and profitability.

Management Reporting: Ensure the timely, accurate and thorough preparation and submission of financial reports to management and key stakeholders on a regular basis.

Compliance and Regulations: Ensure compliance with financial reporting standards and relevant regulatory requirements related to profitability accounting. Stay updated on financial regulations and industry best practices related to financial reporting standards and ensure adherence to relevant standards.

Process Improvement: Continuously improve financial planning and analysis processes, methodologies, and tools to enhance accuracy and efficiency.

Financial Systems and Processes: Continuously improve financial planning systems and processes to enhance accuracy, efficiency, and data integrity. Implement best practices and streamline workflows where necessary.

Cross Functional Collaboration: Work closely with various departments, such as sales, marketing, production, formulation, operation and supply chain, to understand their impact on profitability. Collaborate on strategic initiatives and provide financial insights for decision-making. Act as a financial advisor, assisting teams in making data-driven decisions.

Other Tasks:

• Handles projects assigned from time to time
• Performs other tasks as may be assigned by the immediate head from time to time
• Actively participate in all company programs and activities under quality improvement, safety & security, sustainability, corporate social responsibility, risk management etc.

• A university degree holder with discipline in banking, business, finance, economics
• Minimum of 3 years relevant work experience in accounting, commercial treasury, banking and finance with emphasis on financial planning
• Being a Certified Public Accountant, Certified Management Accountant or Certified Financial Analyst is an advantage

Other Requirements:

• Excellent communication and interpersonal skills, with the ability to build relationships with key stakeholders
• Ability to work independently and as part of a team in a fast-paced environment
• Advance proficiency in Microsoft Excel and other financial analysis software
• Demonstrated ability to analyze complex financial data and provide accurate forecasts and recommendations
• Detail-oriented with strong analytical skills

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