Business Solutions Manager ( Operations & Finance)

ACCA Careers; Kuala Lumpur; On-site; MYR 60,000 - 80,000; Full time

Job summary

A financial services organization in Kuala Lumpur is seeking a Financial Analyst to manage budgeting, forecasting, and financial analysis. You will collaborate with department heads to develop budgets and provide insights through variance analysis and regular reporting. The ideal candidate should possess strong analytical skills and a professional finance certification. This role offers a competitive salary and growth opportunities.

Benefits

Health insurance

Career development opportunities

Flexible working hours

Qualifications

• Strong analytical skills and proficiency in financial modeling.
• Experience with budgeting, forecasting, and variance analysis.
• Excellent communication skills for stakeholder reporting.

Responsibilities

• Develop and manage annual budgets in collaboration with management.
• Analyze variances and provide insights for strategic adjustments.
• Prepare financial reports for investors and stakeholders.

Skills

Financial forecasting

Variance analysis

Cash flow management

Financial modeling

Profitability analysis

Education

Bachelor's degree in Finance or Accounting

Professional certification (CFA, CPA, etc.)

Tools

Excel

Financial reporting software

Job description

Budgeting & Forecasting: Collaborate with department heads and senior management to develop and finalize the company’s annual budget, ensuring alignment with strategic objectives and financial goals. Forecasting: Perform monthly, quarterly, and annual financial forecasting to project future financial performance based on historical data, market trends, and strategic initiatives.

Variance Analysis: Analyze variances between actual financial performance and budgeted targets, investigate discrepancies, and provide actionable insights to management for strategic adjustments. Cash Flow Management: Monitor and forecast cash flow to ensure liquidity for operational needs, optimize working capital, and support long-term financial stability.

Financial Planning & Analysis (FP&A) Financial Modelling & Analysis: Build and maintain sophisticated financial models to evaluate the financial impact of strategic decisions, including acquisitions, investments, and cost-saving initiatives.

Profitability Analysis: Assess the profitability of business segments, funds, or products, identifying opportunities to improve margins and operational efficiencies.

Investment & Capital Structure Analysis: Analyze the company’s capital structure, evaluate return on investment (ROI), and recommend strategies for capital raising to fuel growth and operations.

Scenario Planning & Risk Assessment: Conduct scenario analysis to evaluate financial risks and opportunities, providing management with data-driven recommendations to mitigate risks and optimize outcomes.

Investor & Stakeholder Relations

Investor Reporting: Partner with the investor relations team to prepare and deliver accurate, transparent financial reports to shareholders, investors, and other stakeholders.

Dividend Policy Management: Oversee the company’s dividend policy, ensuring timely and compliant dividend payments in line with profitability and regulatory requirements.

Annual General Meeting (AGM) & Shareholder Communications: Support the preparation of financial reports, resolutions, and presentations for AGMs to ensure clear communication with shareholders.

Investor Presentations & Communication: Assist senior management in developing compelling presentations for investor meetings, conferences, and board meetings to articulate financial performance and strategy.

Process Optimization

Workflow Enhancement: Conduct process mapping to identify inefficiencies, implement improvements, and leverage automation tools to streamline accounting and financial workflows.

Performance Metrics Development: Establish and monitor key performance indicators (KPIs) to evaluate the effectiveness of optimized processes and ensure continuous improvement.

Cross-Departmental Collaboration: Work with other departments to align process improvements with organizational goals and enhance interdepartmental efficiency.

Technology Implementation

System Integration: Lead the integration of new accounting and financial software platforms, ensuring compatibility with existing systems and minimal disruption to operations.

Technology Adoption: Evaluate and recommend emerging technologies to enhance financial reporting, forecasting, and data analysis capabilities.

User Training: Facilitate training programs for staff to ensure effective adoption of new technologies and systems.

Compliance & Data Management

Regulatory Monitoring: Stay informed of regulatory changes impacting financial reporting and accounting practices, ensuring full compliance with applicable laws and standards.

Data Quality Assurance: Implement processes to maintain high data quality and integrity, supporting accurate financial reporting and decision-making.

Risk Management Support: Assist in identifying and mitigating financial and operational risks through robust data governance and compliance frameworks.

Project Execution

Task Management: Oversee specific accounting and financial projects, ensuring timely completion and alignment with organizational objectives.

Team Coordination: Collaborate with cross-functional teams to execute projects, fostering effective communication and accountability.

Progress Reporting: Deliver regular updates to senior management on project milestones, challenges, and outcomes to support informed decision-making.

Business Intelligence

Data Analysis: Analyze market trends, internal financial data, and operational metrics to provide actionable insights for strategic decision-making.

Dashboard Maintenance: Develop and maintain internal reporting dashboards to provide real-time visibility into financial and operational performance.

Predictive Analytics: Leverage data to identify emerging trends and opportunities, supporting proactive business strategies.

Training & Support

Employee Training: Organize and deliver training sessions on new financial processes, technologies, and compliance requirements to enhance team capabilities.

Change Management: Support change management initiatives by guiding employees through process and system transitions, ensuring smooth adoption.

Knowledge Sharing: Foster a culture of continuous learning by sharing best practices and financial insights across the organization.

Flexible Task Assignment: Undertake additional responsibilities as directed by management to contribute to the department’s success and adaptability.