Manager / Assistant Manager – Costing Analyst

Jobstreet Malaysia; Selangor; On-site; MYR 90,000 - 120,000; Full time

Job summary

A leading FMCG Group is seeking a Finance Business Partner based in Petaling Jaya, Malaysia. The ideal candidate will have a Degree in Finance or related fields and over 5 years of experience in Commercial Finance or Financial Analysis. Responsibilities include driving financial performance, establishing financial controls, monitoring expenses, and collaborating with teams to enhance profitability. Strong analytical skills and proficiency in financial modeling and Excel are crucial for success in this role. Competitive compensation and benefits are offered.

Qualifications

• More than 5 years of experience in Commercial Finance, FP&A, or Financial Analysis.
• Experience in the FMCG, Retail, or Manufacturing industry is preferable.
• Ability to work independently in a fast-paced environment.

Responsibilities

• Act as the finance business partner to the commercial and plant teams.
• Establish robust financial controls and frameworks.
• Responsible for periodic product costing set-up.
• Review and monitor plant- and product-related expenses.
• Ensure budget adherence and expenditure alignment.
• Collaborate with the commercial team for profitability enhancement.
• Provide commentary on budget variances and report to the business.
• Lead the budget and forecast cycle efficiently.
• Evaluate NPD pricing, margins, and promotions.
• Monitor key financial metrics and update management.

Skills

Financial modelling

Data analysis

Excellent communication

Interpersonal skills

Analytical skills

Education

Degree in Finance, Accounting, Business Administration

Tools

Excel

Job description

Act as the finance business partner to the commercial and plant teams, driving financial performance across key areas, including costing, warehouse & distribution costs, and financial evaluations.

Establish robust financial controls and frameworks to support non-finance functions such as Sales, Marketing, Supply Chain, and Plant teams in managing expenditure and making informed business decisions.

Responsible for periodic product costing set-up.

Review and monitor plant- and product-related expenses, including raw materials, labor, logistics, and overhead costs.

Ensure budget adherence and expenditure alignment with financial objectives, optimizing cost efficiency.

Collaborate with the commercial team to enhance profitability by providing detailed financial analysis, scenario planning, and actionable business recommendations.

Provide regular commentary on budget variances, highlighting significant issues and ensuring proactive reporting to the business.

Lead the company’s budget and forecast cycle by establishing cross-functional alignment and streamlining the process to enhance efficiency.

Evaluate NPD pricing, margins, and promotions to maximize profitability.

Monitor key financial metrics and performance indicators, identifying risks and opportunities (R&O), and updating management in a timely manner.

Lead cross-functional initiatives aimed at process improvement, fostering better alignment, and driving operational efficiency.

Job Requirements:

The candidate must possess a Degree in Finance, Accounting, Business Administration, or a related field.

More than 5 years of experience in Commercial Finance, FP&A, or Financial Analysis, preferably in the FMCG, Retail, or Manufacturing industry.

Ability to work independently in a fast-paced environment.

Excellent communication and interpersonal skills.

Strong analytical skills with the ability to translate complex data into actionable insights.

Proficient in financial modelling, data analysis, and Excel.

The work location of this position is based in Petaling Jaya, with an FMCG Group of Companies.