Cost Controlling Specialist (IT Services) - Middle level only

Mindteck; Kuala Lumpur; On-site; MYR 60,000 - 100,000; Full time

Job summary

Mindteck Malaysia seeks a finance professional to support FP&A, budgeting and cost control for IT services across the group. The role involves planning, forecasting, variances, management reporting, and SAP-based cost analysis to drive business decisions.

You will partner with IT, operations and regional teams to streamline reporting, monitor budgets, and ensure data integrity for monthly and quarterly closes. A degree in Finance with 2+ years of FP&A/controlling is required.

Qualifications

• Bachelor’s degree in Finance, Accounting or related field; professional qualification (ACCA/CIMA/CPA/ACA) or progress towards one is an advantage.
• Minimum 2 years of experience in controlling, FP&A, cost accounting, management accounting or finance business partnering in a medium to large organization.
• Hands-on budgeting, forecasting and budget-vs-actual (variance) analysis, including explaining deviations to management.
• Experience in cost analysis and cost monitoring at cost center, department or project level.
• Experience preparing management reports (monthly/quarterly) for internal decision-making, not just statutory financial statements.
• Advanced Excel skills (pivot tables, lookups, data consolidation from multiple sources).
• Hands-on experience working in an ERP system, preferably SAP.
• Strong analytical skills and attention to detail; ability to work with large data sets.
• Good communication skills in English; able to explain financial figures to non-finance stakeholders.

Responsibilities

• Performs all aspects of yearly financial cycles such as planning, year-end closing, and monthly/quarterly reporting.
• Displays highly effective networking, collaboration, and time management skills.
• Analyzes all aspects of the IT process and reporting: Services, Projects, Provider- / Receiver-view, Productivity, Headcount.
• Ensures consistency and accuracy of costs and recovery for the various SAP related services and projects.
• Continuously monitors and analyzes forecasts & budgets with clarifications of the relevant deviations.
• Supports technical teams with productivity and cost reduction initiatives as required.
• Analyzes impacts of business unit developments such as new acquisitions, separations, and/or new applications on SAP related systems.
• Aligns and implements regional and global IT strategies.
• Actively participates in the Finance community and seeks for process simplification, standardization and business efficiency including improvement possibilities and automation.
• Integrates data between various source systems and maintains it.
• Carries out ad-hoc analyses and data consolidation of various kinds as required.
• Coordinate financial reporting activities, compile data and information to report to support controlling management, prepare regular business reports, check for accuracy and completeness.

Skills

Budgeting

Forecasting

Cost analysis

Variance analysis

Advanced Excel

English communication

Analytical skills

Cross-functional collaboration

Education

Bachelor’s degree in Finance/Accounting

ACCA/CIMA/CPA/ACA or progress towards

Tools

SAP

Power BI

Job description

Mindteck is a global engineering and technology solutions company with expertise in Embedded Systems, Enterprise Applications, Testing, Data Services, Cloud, and IoT. Since its establishment in 1991, Mindteck has served top-tier Fortune 1000 companies, start-ups, leading universities, and government entities. The company is publicly traded on the Bombay Stock Exchange (BSE 517344) and the National Stock Exchange (NSE Mindteck). With office locations in India, United States, Canada, Singapore, Malaysia, Bahrain, Philippines, Germany, and United Kingdom, Mindteck has a global presence. The company's Development Centers are located in Kolkata and Bengaluru, India, and it is appraised at Level 5 of the CMMI Institute's Capability Maturity Model Integration (CMMI)®.

Responsibilities

• Performs all aspects of yearly financial cycles such as planning, year-end closing, and monthly/quarterly reporting
• Displays highly effective networking, collaboration, and time management skills
• Analyzes all aspects of the IT process and reporting: Services, Projects, Provider- / Receiver-view, Productivity, Headcount
• Ensures consistency and accuracy of costs and recovery for the various SAP related services and projects
• Continuously monitors and analyzes forecasts & budgets with clarifications of the relevant deviations
• Supports technical teams with productivity and cost reduction initiatives as required
• Analyzes impacts of business unit developments such as new acquisitions, separations, and/or new applications on SAP related systems
• Aligns and implements regional and global IT strategies
• Actively participates in the Finance community and seeks for process simplification, standardization and business efficiency including improvement possibilities and automation
• Integrates data between various source systems and maintains it
• Carries out ad-hoc analyses and data consolidation of various kinds as required
• Coordinate financial reporting activities, compile data and information to report to support controlling management, prepare regular business reports, check for accuracy and completeness.

Requirements

Must-have

• Bachelor’s degree in Finance, Accounting or a related field; a professional qualification (e.g. ACCA, CIMA, CPA, ACA) or progress towards one is an advantage.
• Minimum 2 years of experience in controlling, FP&A, cost accounting, management accounting or finance business partnering within a medium to large organization.
• Hands-on experience in budgeting, forecasting and budget-vs-actual (variance) analysis, including explaining deviations to management.
• Experience in cost analysis and cost monitoring at cost center, department or project level.
• Experience preparing management reports (monthly/quarterly) for internal decision-making, not only statutory financial statements.
• Advanced Excel skills (pivot tables, lookups, data consolidation from multiple sources).
• Hands-on experience working in an ERP system, preferably SAP.
• Strong analytical skills and attention to detail, with the ability to work with large data sets.
• Highly effective networking, collaboration and time management skills.
• Good communication skills in English, with the ability to explain financial figures to non-finance stakeholders (e.g. IT and technical teams).

Nice-to-have

• Working knowledge of SAP CO (cost centers, internal orders, WBS, allocations/settlements).
• Experience with cost allocation, internal recharge or chargeback in a shared service, GBS or IT environment.
• Exposure to IT costs (e.g. software licences, IT services, IT projects, headcount).
• Familiarity with Power BI dashboards or other reporting/automation tools.
• Experience in a multinational or matrix organization, working with regional or global teams.