Executive, FP&A (Product Costing)

Malayan Flour Mills; Kuala Lumpur; On-site; MYR 45,000 - 60,000; Full time

Job summary

A leading flour milling company in Kuala Lumpur seeks a Finance Analyst to provide support for financial planning, budgeting, and forecasting to assist in strategic decision-making. Responsibilities include reviewing monthly Profit & Loss statements, analyzing costs related to production and logistics, and preparing annual budgets. Ideal candidates should possess a relevant degree and 1-2 years of experience in financial analysis or reporting. Join a recognized employer with multiple awards for workplace excellence and employee care.

Benefits

Award-winning workplace

Career development opportunities

Qualifications

• 1 - 2 years of experience in financial planning & analysis or related fields.
• Must possess a relevant professional qualification or degree.

Responsibilities

• Review and analyze monthly Profit & Loss for Poultry Feeds.
• Conduct cost analysis for logistics and packaging.
• Monitor production variable overheads and expenses.
• Forecast the rolling 12 months Profit & Loss.
• Prepare annual budget aligning with strategic goals.

Skills

Financial planning

Cost analysis

Budgeting

Forecasting

Education

CIMA, ACCA, Bachelor's degree in Finance/Accounting

Job description

12mo ago , from Malayan Flour Mills Berhad

Established in 1961, Malayan Flour Mills Berhad (MFM) is the pioneer in the flour milling industry in Malaysia. MFM has grown to become the leading flour miller in Malaysia with regional presence in Vietnam and Indonesia. Over the years, we have expanded into poultry integration, aquaculture, and raw material trading. In FY23, the group revenue was RM2.15 billion.

MFM is one of the major poultry integrators in poultry feeds, breeding, farming with a state-of-the-art processing facility across the poultry value chain. Designed to meet the domestic and international markets, the advanced facility will process up to 300,000 birds per day.

With our asset of 3,000 people, we have transformed and grown in Malaysia and regionally. Synergising with our workforce, we embrace Artificial Intelligence, Big Data, Internet of Things (IoT) in our day-to-day business. Through our partnership with Tyson Food, Inc. and Toyota Tsusho Group, we aspire to be a leading global halal food enterprise while achieving sustainable development goals.

Building the workforce of the future…Today. We invite you to be part of our team!

Job Description

Responsible to support the financial planning and operations required for budgeting and periodic forecasting to aid management in achieving strategic business plans and decision making.

Responsibilities

• Review and analyse the actual monthly Profit & Loss for Poultry Feeds which includes the followings:
• Analyse contribution by SKUs and customers which include pricing and Cost of Goods Sold (COGS)
• Sales volume achievement by product categories, channels and key customers
• Logistics and Packaging cost analysis
• Production Variable overheads include labor, electricity, Repair & Maintenance, and other analysis.
• Plant fixed overheads and operating expenses analysis.
• Review and analyse transportation cost for Poultry Integration, including Feeds, Day Old Chick (DOC), Broiler and Finished Products.
• Responsible for the rolling of 12 months Profit & Loss (P&L) forecast. Identify gaps and recommend the action plans.
• Responsible for the annual budget which is aligned and supported by the strategic business goals.
• Continuously provide recommendations for areas of improvement in the current financial, accounting processes and reporting for better efficiency.
• Perform feasibility study for new CAPEX and assigned projects accordingly.
• To perform any other tasks and assignments as directed by the management from time to time.

Qualifications

• CIMA, ACCA, Bachelor’s degree in Finance/ Accounting or equivalent.
• 1 - 2 years of working experience in financial planning & analysis, financial reporting or related field.

Additional Information

• HR Asia Best Companies to Work For in Asia 2024 (7 years consecutively, from 2018 to 2024)
• HR Asia Most Caring Company Award (5 years consecutively, from 2020 to 2024)
• HR Asia Diversity, Equity & Inclusion (DEI) Award (2 years consecutively, from 2023 to 2024)
• HR Asia Sustainable Workplace Award (2024)

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