Business Analyst (FP&A)

Bosch Power Tools; Penang; On-site; MYR 80,000 - 120,000; Full time

Job summary

A global manufacturing company in Malaysia is seeking a Business Partner to analyze and monitor cost initiatives. This role involves KPI tracking, financial analysis, and use of SAP for reporting. Candidates should have at least 5 years of experience in finance or controlling in a manufacturing environment, along with a Bachelor's Degree and knowledge in SAP and Power BI.

Qualifications

• Minimum 5 years of experience in a manufacturing finance environment.
• Proven ability to handle month-end and year-end closing processes.
• Strong analytical skills for variance analysis and forecasting.

Responsibilities

• Analyze and monitor cost initiatives.
• Prepare monthly KPI reports for management.
• Track and analyze key product costs against targets.

Skills

Financial planning and analysis

Cost analysis

Business intelligence tools

SAP knowledge

Education

Bachelor's Degree or equivalent

Professional qualification such as ACCA/CA/CPA

Tools

Microsoft Power BI

SAP

Job description

Job Summary

1.1 Business Partner for Business unit and Value stream responsible for analyzing and monitoring current, future, and strategic cost initiatives.

1.2 Specific activities may include: cost initiatives, forecasting, internal reporting, variance analysis, modeling and other discretionary projects as directed by management.

1.3 Working as a member of the controlling team, this position primarily performs day-to-day finance related activities designed to analyze and monitor the company’s cost initiatives and drive for results.

Job Scope

• 2.1 KPI tracking and analysis for plant by value stream and highlight opportunities and risks for management attention.
• 2.2 On-time monthly reporting of plant KPI by value stream to manufacturing Department Heads and quarterly to the Board.
• 2.3 Monitoring plant overheads by value stream and highlight significant deviation, ensure corrective measures are specified and track that the measures are implemented.
• 2.4 Develop financial analysis tools to assist in management decision.
• 2.5 Costing of new products and guiding project managers on cost decisions.
• 2.6 Tracking of new and transferred products’ details and cost performance.
• 2.7 Maintenance of Costing/Accounting Data in SAP system.
• 2.8 Transfer Price calculation, maintenance and communication.
• 2.9 Cost tracking and analysis of key products in the plant against provided target.
• 2.10 Ensure improvement activities on key products have been specified by respective departments and track their implementation.
• 2.11 Responsible for the forecast and product costing of new products during annual Business Plan.
• 2.12 Become a key user in SAP knowing necessary functionalities and advise/guide fellow associates.
• 2.13 Documentation of Working Instructions for existing and new tasks.
• 2.14 Undertake improvement activities/projects in the department.
• 2.15 Ad-hoc support related to finance and controlling topics.
• 2.16 SAP Controlling Module Role Expert:
  • 2.16.1 Month End Closing and Year End Closing in SAP: timely closing for submissions; analyze and troubleshoot errors.
  • 2.16.2 Knowing all functionalities, maintain master and key data in SAP and advise/guide colleagues on ad-hoc requests, checking and/or system testing.
  • 2.16.3 Checking, testing and advise on financial impacts and compliance for special cases: such as inventory movements and adjustments.

Requirements

• Candidate must possess at least a Bachelor's Degree, Post Graduate Diploma, Professional Degree, Master's Degree, Finance/Accountancy/Banking or equivalent.
• Professional qualification such as ACCA/CA/CPA is an added advantage.
• Minimum 5 years of working experience in Financial planning and analysis / Controlling supporting manufacturing environment
• Knowledge of business intelligence tools and dashboard (Microsoft Power BI).
• SAP Experience is added advantage.