Financial Analyst (Reporting)

Amway (Malaysia) Sdn Bhd; Kuala Lumpur; On-site; MYR 70,000 - 100,000; Full time

Job summary

A multinational company in Kuala Lumpur is seeking a Financial Consultant to lead budgeting and financial forecasting. The ideal candidate will be responsible for managing complex financial data, constructing reports, and ensuring adherence to financial policies. Strong Excel skills and a background in finance are essential for effectively communicating financial insights and driving business profitability. This role also requires strategic and critical thinking abilities to identify trends and innovations in financial processes.

Qualifications

• Ability to analyze and interpret complex financial data effectively.
• Strong communication skills for presenting financial information.
• Proficient in creating detailed financial reports.
• Knowledge of financial principles and GAAP.

Responsibilities

• Lead the financial budgeting process for the company.
• Oversee preparation of financial reports and forecasts.
• Collaborate with finance analysts to manage business profitability.
• Innovate financial processes for improvement.

Skills

Data Analysis

Financial Communication

Excel proficiency

Retail Sales Experience

Strategic Thinking

Critical Thinking

Education

Degree in Finance or related field

Tools

Excel

TM1

EBS

Hyperion

PowerPoint

Job description

Responsibilities

1. Financial consultant to assure Sales and Operating Income Percentage Targets are achieved
2. Lead financial budget for the Company
3. Oversee Budget and forecast: One and/or Five Year Forecasts
   1. Sales forecast
   2. Gross Profit
   3. Operating expenses
   4. Capital expenditures
   5. Headcount

Detail Responsibilities

1. Partner and provide support to internal client-facing Finance Analysts to effectively manage the business and maximize profitability.
2. Download large data and through Excel pivot table, v/x-lookup and power query functions, compile, and create reports for financial analysis
3. Partner with Shared Services Center in Malaysia to assure accuracy of data
4. Partner with Center of Excellence throughout the world to analyze data
5. Communicate with HQ reporting regarding deadlines and requirements for budget, trimester reporting and year-end review
6. Communicate/update applicable regulatory and Amway financial policies on Intranet

Required Knowledge, Skills and Abilities

1. Analysis
2. Interpret Data: Read, interpret, and draw accurate conclusions from financial data
3. Communicate Financial Information: Effectively communicate and present complex financial data (both verbally and written) to influence all levels and global audiences; helps others understand financial data and translate it into actionable business insights.
4. Report creation (data preparation & digesting to synthesize it to action points and recommendations, design for adequate presentation to executives)
   1. Excel: ability to create pivot table, use x/v-lookup, power query/pivot and intermediate macro (preferred), if and else formula, create graphs/charts/waterfall
   2. Database programming (TM1, EBS, Hyperion)
   3. PowerPoint presentation
5. Retail Sales experience: Understanding of retail/wholesale industry with 500+SKUs
6. Financial Knowledge: Understanding of general financial principles, accounting and working knowledge of GAAP, and how to apply these principles.

Reporting

1. Manage the preparation of the monthly, quarterly and yearly reporting that includes financial executive deck working with the finance partners, Excess & Obsolete report, capital expenditures, sales forecast, COGS and distributor bonus
2. Lead the preparation of the Annual Budget, and related monthly and trimester forecasts for Japan Exec team and HQ management
3. Maintain the financial risks and opportunities and reconcile to the Budget vs Forecast

Innovation

1. Identify, develop, and facilitate financial processes and improvements in a growing international matrix environment.
2. Identify internal and external trends and developments which add value to improve Amway’s profitability, including evaluation of KPIs and management dashboards

Accounting

1. Manage all processes of ABOs and vendors’ payment record and my number
2. Ensure adherence of President Seal
3. Coordination with Japanese banks
4. Support Government survey
5. Administrative work i.e. manage letters received and distribute to respective parties
6. Maintain Finance document lists
7. Manage tax treaty application

Soft skills

1. Team player: Ability to develop and maintain effective and productive relationships, including ability to influence, negotiate and manage conflicts across an international matrix organization
2. Strategic Thinking: Ability to think strategically and understand the broader view. Demonstrates an understanding of the long-term, \"big picture\" and Materiality
3. Critical Thinking: Ability to formulate conclusions and recommendations using Limited facts and data
4. Prioritization: Understand what would impact the business and prioritize workload accordingly
5. Managing Multiple Priorities: Ability to manage multiple objectives and work under pressure within deadline
6. Project Management skills: Strong planning, organizational and leadership skills
7. Communication: Written and Verbal communication and interpersonal skills in a fast-paced international matrix environment
8. Effective presentation skills: Creating and presenting concise messages to business partners and company employees
9. Language: Business level in both English

About ABSAP: Amway Business Services Asia Pacific Sdn. Bhd. (ABSAP) is a regional shared service centre established since 2012 to provide business support services to Asia Pacific in areas of Finance, Marketing, Communications, Sales, Customer Support, and Human Resources. ABSAP is located in Bangsar South, Kuala Lumpur. ABSAP was set up to have a consolidated regional hub of business support functions to service the various markets that Amway has in Asia Pacific with a vision to be able to leverage its benefits in areas of improved governance, productivity, expertise, consolidated controlled environment and better position its markets for future growth. In our Finance shared service, we are currently focusing on accounts payable, accounting & reporting, tax, and audit. We are looking for highly motivated and dedicated individuals to join our team.