Executive - Business Control Reporting

Bumi Armada Berhad; Kuala Lumpur; On-site; MYR 90,000 - 120,000; Full time

Job summary

Bumi Armada Berhad, a global offshore oilfield services provider, seeks an experienced finance professional to support management reporting, budgeting, and cash flow for its Kuala Lumpur operations. The role involves coordinating month-end close, preparing forecasts, managing intercompany funding, and ensuring adherence to controls and stakeholder requests.

The position collaborates with business units and auditors to deliver timely, accurate financial information and to support strategic

Qualifications

Responsibilities

• Responsible for management reporting and financial analysis.
• Prepare and deliver accurate, insightful, and timely monthly management reports.
• Support financial close and reporting on timely basis.
• Assist and support in preparation of budget, forecast and projections for Business Unit.
• Cash management – manage vendor payments, monitor collections and intercompany distributions, fundings and settlement.
• Review monthly P&L to ensure revenue and costs and expenses transactions are posted to the correct entity, profit/cost centers and GL codes.
• Involve in annual statutory audit – coordinate and compile information/clarification from audit.
• Prepare intercompany funding, settlement, repayment and distributions.
• Review balance sheet schedules and advise finance/AP/AR of the required action in consultation with business unit.
• Work closely with Business Unit / Stakeholders to obtain input for monthly accruals, etc.
• Ensure timely and accurate provision of information requested by stakeholder including external auditors, tax department, company secretary etc.

Job description

Responsible for preparation and delivery of accurate and timely management reports

Support financial close and reporting on timely basis

Assist and support in preparation of budget, forecast and projections for Business Unit

Cash management – manage vendor payments, monitor collections and intercompany distributions, fundings and settlement.

Key Accountabilities:

Management Accounting:

Responsible for management reporting and financial analysis.

Prepare and deliver accurate, insightful, and timely monthly management reports

Ensure compliance with company policies and limit of authority

Work closely with Business Unit / Stakeholders to obtain necessary input for submission of revenue and costs accrual, impairment and provision for doubtful recovery etc. on time for month-end closing purpose

Review reasonableness of basis of accrual

Review monthly P&L to ensure revenue and costs and expenses transactions are posted to the correct entity, profit/cost centers and GL codes

Review balance sheet schedules and advise finance/AP/AR of the required action in consultation with business unit

Involve in annual statutory audit – coordinate and compile information/clarification from audit

Cash Management:

Prepare sale order for purpose of invoice issuance

Monitoring and follow up with Business Unit on overdue and aged receivables

Prepare intercompany funding, settlement, repayment and distributions.

Budget, Forecast and Cash Flow:

Review budget and forecast assumptions submitted by Business Unit and ensure the assumptions are realistic, reasonable and aligned with business plan and operations,

Prepare Budget, Forecast and Projections in prescribed group reporting template based on assumptions submitted by BU and slides for clearance session.

Others:

Ensure timely and accurate provision of information requested by stakeholder including external auditors, tax department, company secretary etc.

Perform any other duties or ad hoc tasks as assigned by the superior

Bumi Armada Berhad is a global offshore oilfield services provider with a strong presence in over 15 countries with more than 1,500 personnel from over 30 nationalities.

Headquartered in Kuala Lumpur, Malaysia, we provide oildfield services – Floating Production, Storage and Offloading Operations ("FPSO"), Floating Gas Solutions ("FGS"), Offshore Support Vessels ("OSV") and Transport and Installation ("T&I"), complemented by three support units which are FPSO Sales, Technology and Development ("T&D") and Projects.

We are the fifth largest FPSO player in the world and an established OSV owner and operator across Asia, Africa and Latin America.

Bumi Armada Berhad is a global offshore oilfield services provider with a strong presence in over 15 countries with more than 1,500 personnel from over 30 nationalities.

Headquartered in Kuala Lumpur, Malaysia, we provide oildfield services – Floating Production, Storage and Offloading Operations ("FPSO"), Floating Gas Solutions ("FGS"), Offshore Support Vessels ("OSV") and Transport and Installation ("T&I"), complemented by three support units which are FPSO Sales, Technology and Development ("T&D") and Projects.

We are the fifth largest FPSO player in the world and an established OSV owner and operator across Asia, Africa and Latin America.