FP&A Specialist

Randstad; Kuala Lumpur; On-site; MYR 80,000 - 120,000; Full time

Job summary

A leading financial services provider in Kuala Lumpur is seeking an experienced Budget Analyst to drive financial accountability and strategic insights across operations. The ideal candidate will lead budgeting processes, monitor financial performance, and utilize advanced tools like Excel and SAP. A Bachelor's degree in Finance or related field, along with at least 5 years of relevant experience, is required. This position involves collaboration with cross-functional teams and offers opportunities for business travel.

Benefits

Business travel costs covered

Qualifications

• Minimum 5 years of hands-on experience in budgeting, financial planning, or detailed cost analysis.
• Prior experience in industrial or manufacturing environments is a plus.
• Professional certification (e.g., CMA, CPA) is a plus.

Responsibilities

• Lead the annual budgeting and monthly forecasting processes.
• Monitor and analyze budget performance in real-time.
• Conduct thorough risk management and financial analysis.
• Act as the main budget focal point for VMM.

Skills

Financial analysis

Data management

Stakeholder management

Cost analysis

Education

Bachelor’s degree in Finance, Accounting, Economics, or relevant fields

Tools

SAP

Power BI

Excel

Job description

We are seeking a highly analytical and experienced Budget Analyst to join the VMM team, acting as the critical focal point for financial planning and discipline across all VMM operations. This role is essential for driving cost optimization, providing data‑driven strategic insights, and ensuring absolute financial accountability within the business unit.

Key Responsibilities & Accountabilities

1. Budgeting, Forecasting & Variance

• Lead the comprehensive annual budgeting and monthly forecasting processes for VMM, ensuring strict alignment with corporate financial targets and operational plans.
• Monitor and analyze budget performance in real‑time, identifying all significant variances and recommending corrective actions to enhance cost efficiency.
• Challenge operational stakeholders constructively to justify budget requests and promote a pervasive, cost‑conscious culture throughout the VMM unit.

2. Financial Analysis & Strategic Insight

• Conduct thorough risk management by analyzing the organization’s financial strengths and weaknesses.
• Perform post‑implementation financial analysis to assess the effectiveness of strategies and drive continuous process improvement.
• Develop and refine the local financial strategy in alignment with the broader corporate strategy.
• Assist the Finance Coordinator in providing financial support for high‑level strategic decision‑making.

3. Data Management & System Proficiency

• Build, manipulate, and consolidate complex datasets using advanced technical tools including Power Query and Power BI.
• Utilize proficiency in SAP and BW systems to produce reliable data and create actionable reports and dashboards for management review.
• Assist in the development and refinement of budget models and tools to continuously enhance financial planning capabilities and accuracy.

4. Stakeholder & Compliance Management

• Act as the main budget focal point for VMM, coordinating actively with cross‑functional teams (Operations, Maintenance, Procurement) to consolidate inputs and validate all financial assumptions.
• Assume full ownership and accountability for VMM budget discipline and performance tracking.
• Ensure rigorous compliance with internal financial policies and procedures, providing necessary support for audits and internal reviews.

Candidate Requirements & Qualifications

Education:

• Bachelor’s degree in Finance, Accounting, Economics, or relevant fields.
• Professional certification (e.g., CMA, CPA) is a plus.

Experience:

• Minimum 5 years of hands‑on experience in budgeting, financial planning, or detailed cost analysis.
• Prior experience in industrial or manufacturing environments is a plus.

Technical Expertise:

• High proficiency in Microsoft Excel, Power Query, and Power BI for data consolidation and visualization.
• Strong working knowledge of SAP and BW (Business Warehouse) or equivalent ERP systems.

Key Attributes:

• Excellent communication and stakeholder management skills, with the ability to coordinate effectively across different departments.
• Exceptional analytical skills, precision, and the ability to work independently to manage multiple tight deadlines.
• Willingness to travel (50% frequency) to Lumut Port for work, with all business travel costs covered by the company.

Skills

no additional skills required

Qualification

no additional qualifications required

Education

Bachelor Degree