Business Finance Analyst

Robinson & Co (Singapore) Pte Ltd; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

The Business Finance Analyst at Al-Futtaim is essential for financial analysis, reporting, and business support across functions in Malaysia. You will monitor costs, analyze variances, and provide insights to guide decision-making and strengthen financial controls.

Key responsibilities include month-end closing support, inventory and asset reporting, and delivering timely financial reports. You will collaborate with multiple business units and respond to inquiries within strict timelines.

Qualifications

• Degree in Accountancy, Finance or equivalent professional qualification.
• 3-5 years of relevant experience in accounting, financial reporting, or analysis.
• Practical knowledge of month-end closing, reconciliations, cost and variance analysis, and inventory reporting.
• Experience with SAP, Power Query, Power Pivot, or Power BI is advantageous.
• Experience in retail, FMCG, or multi-site business environments is advantageous.
• Strong analytical, problem-solving, and attention-to-detail skills.
• Good communication and stakeholder management skills.

Responsibilities

• Monitor and analyse business-wide costs against budget, forecast, and prior periods.
• Explain material variances and recommend corrective actions.
• Support month-end closing and provision analyses completed accurately within deadlines.
• Prepare and analyse month-end inventory reports, investigate movements and highlight risks.
• Reconcile fixed-asset register to the GL monthly with zero unreconciled items.
• Prepare quarterly government surveys, statutory reports, and compliance submissions accurately and on time.
• Deliver financial reports and analyses that support business decisions.
• Respond to queries and explain performance drivers.
• Answer stakeholder and business unit queries within 2-3 working days.
• Deliver reports on schedule, maintaining stakeholder feedback of 4/5 or higher.

Skills

MS Excel

Financial analysis

Stakeholder mgmt

Growth responsibilities

Education

Degree in Accounting / Finance

Tools

SAP

Power BI

Power Pivot

Power Query

Job description

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About Al-Futtaim
Established in the 1930s, Al-Futtaim is one of the most diversified and progressive privately held regional businesses, headquartered in Dubai. Operating across more than 20 countries, the Group spans automotive, financial services, real estate, retail and health. With more than 40,000 employees, Al-Futtaim represents over 200 of the world’s most recognised brands, including Toyota, Lexus, IKEA, ACE and Marks & Spencer. Driven by its purpose to enrich lives and elevate communities, Al-Futtaim focuses on digital innovation, AI, sustainable growth and strategic partnerships, creating long-term value for customers, communities and partners while building a responsible legacy for future generations.

Job Requisition ID:183434

About Al-Futtaim
Established in the 1930s, Al-Futtaim is one of the most diversified and progressive privately held regional businesses, headquartered in Dubai. Operating across more than 20 countries, the Group spans automotive, financial services, real estate, retail and health. With more than 40,000 employees, Al-Futtaim represents over 200 of the world’s most recognised brands, including Toyota, Lexus, IKEA, ACE and Marks & Spencer. Driven by its purpose to enrich lives and elevate communities, Al-Futtaim focuses on digital innovation, AI, sustainable growth and strategic partnerships, creating long-term value for customers, communities and partners while building a responsible legacy for future generations.

Overview Of The Role:

• The Business Finance Analyst is essential in providing financial analysis, reporting, and business support. This role primarily focuses on monitoring and analyzing costs and expenditures across all business functions, supporting month-end closing processes, and delivering insights into financial performance, trends, risks, and opportunities. The goal is to facilitate effective decision-making and strengthen financial control. Success in this role involves accurate and timely reporting, effective collaboration with business units, and ensuring compliance with statutory requirements.

What You Will Do:

Cost Analysis and Reporting

• Monitor and analyse business-wide costs against budget, forecast, and prior periods.
• Explain material variances and recommend corrective actions.
• Support month-end closing and provision analyses completed accurately within deadlines.

Inventory and Asset Management

• Prepare and analyse month-end inventory reports, investigate significant movements and highlight risks.
• Support accurate fixed-asset accounting and assist with related project queries.
• Reconcile fixed-asset register to the GL monthly with zero unreconciled items.
• Prepare quarterly government surveys, statutory reports, and compliance submissions accurately and on time.

Data Management and Financial Reporting

• Reconcile Malaysia e-invoicing data monthly and resolve exceptions.
• Maintain GL and finance master data integrity, including PCCC controls.
• Improve reporting data quality and processes.
• Deliver financial reports and analyses that support business decisions.
• Respond to queries and explain performance drivers.
• Answer stakeholder and business unit queries within 2-3 working days.
• Deliver reports on schedule, maintaining stakeholder feedback of 4/5 or higher.

Required Skills To Be Successful:

• Strong Microsoft Excel skills.
• Ability to interpret financial data and investigate variances.
• Effective collaboration and communication across functions.
• Demonstrated ability to progressively take on broader responsibilities.

What Qualifies You For The Role:

• Degree in Accountancy, Finance, or equivalent professional qualification.
• 3-5 years of relevant experience in accounting, financial reporting, or analysis.
• Practical knowledge of month-end closing, reconciliations, cost and variance analysis, and inventory reporting.
• Experience with SAP, Power Query, Power Pivot, or Power BI is advantageous.
• Experience in retail, FMCG, or multi-site business environments is advantageous.
• Strong analytical, problem-solving, and attention-to-detail skills.
• Good communication and stakeholder management skills.

About Al-Futtaim Retail

At Al-Futtaim Retail, we are part of a 90-year legacy built on ambition, progress and long-term vision. As one of the region’s leading retail operators, we partner with some of the world’s most trusted brands – including IKEA, ACE, Marks & Spencer and the Inditex Group – bringing global excellence to customers across MENA and Southeast Asia.

We don’t just operate stores; we shape retail experiences. From launching brands like Watsons and Kiabi to our regions for the first time, to investing in digital innovation, AI capabilities, the customer experience and loyalty platforms, we are constantly redefining the future of retail.

With over 100 nationalities spread across more than 10 countries, our strength lies in our diverse and collaborative community. Here, you’re equipped to turn your ambition into action, building the career you want, while helping us move retail forwards.

Join us and be part of The Heart of Tomorrow.