Financial Planning and Analysis Manager

Malayan Flour Mills; Pantai Remis; On-site; MYR 60,000 - 80,000; Full time

Job summary

A leading flour milling company in Malaysia is seeking a finance expert to monitor plant KPIs, optimize production costs, and support budget preparation. The ideal candidate holds a degree in Commerce or Accounting, with at least 3 years of experience in the commercial sector. This role offers a dynamic environment committed to sustainable growth, leveraging advanced analytics and technology within the production process. Join a recognized top employer for continued career development and growth.

Benefits

Awards for best workplace culture

Recognition for diversity and sustainability

Qualifications

• 3 years working experience in the commercial sector.

Responsibilities

• Monitor plant KPIs and expenses for cost improvement.
• Support production planning and ensure smooth production flow.
• Perform feasibility analysis on new projects.
• Coordinate annual budget and forecast preparation.

Skills

Cost analysis

Production planning

Budget preparation

Data analysis

Risk management

Education

Degree in Commerce / Accounting or CIMA

Job description

9mo 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 grew 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

• Close monitoring of plant KPIs and expenses and provide timely feedback for costs improvement.
• Work closely with plant and finance colleagues in formulating products costing using ABC (Activity Based Costing) which involves processes analysis, empirical studies and establishing appropriate basis for costs allocations.
• Provide value adding analysis, commentaries and recommendations on production costs, operating expenses, variances, products and customers’ profitability which will be used to support decision making.
• Provide relevant analysis to optimize the inventories levels in relation to the individual SKUs’ selling price, costs of storage and the products age.
• Support the plant management in production planning to ensure the smooth running of the production flow thus minimizing production downtime and optimizing sales opportunities.
• Continuously identify areas of improvement in the existing plant processes which aims to enhance the speed, quality and costs and collaborate with plant management to execute the changes.
• Coordinate and assist in the preparation of annual budget and rolling forecast.
• Perform feasibility analysis on new capex or projects.
• Ensure plant data capturing process is reliable in terms of accuracy and comply with statutory requirement. This in turn ensures the integrity of the analysis which will be used for decision making.
• Assist plant management in managing the operations and business risks by continuously identifying, evaluate and mitigate the identified risks.
• Perform any tasks and assignments as directed by the management from time to time.

Qualifications

• Degree in Commerce / Accounting or CIMA or similar professional qualifications
• 3 years working experience in the commercial sector

Additional Information

MFM notable awards and recognitions :

• 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)