Manager - Budgeting & Reporting

alrajhi bank Malaysia; Kuala Lumpur; On-site; MYR 90,000 - 120,000; Full time

Job summary

alrajhi bank Malaysia invites a Finance Budgeting & Forecasting specialist to join our Finance team in Kuala Lumpur. You will lead budgeting cycles, coordinate inputs, prepare forecasts and variance analyses, and align business plans with KPIs and budgets.

Responsibilities include management reporting (P&L, balance sheet, cash flow), cost and ROI analyses, scenario planning, and supporting strategic initiatives with financial modelling. Strong Excel skills and communication are essential.

Qualifications

• Bachelor’s degree in Accounting, Finance or related field.
• 3+ years experience in budgeting, reporting, or financial planning, preferably in banking/financial services.
• Strong analytical and numerical skills; proficient in financial modelling.

Responsibilities

• Lead the annual budgeting cycle and ensure timely submission.
• Coordinate with departments to gather inputs, review assumptions, and challenge inconsistencies.
• Prepare monthly/quarterly forecasts and analyze variances.
• Prepare monthly management reports (P&L, balance sheet, cash flow) and provide insights.
• Conduct cost, ROI analyses and business case evaluations; support strategic initiatives with modelling.
• Identify risks and opportunities through scenario analysis.

Skills

Financial modelling

MS Excel

Analytical skills

Communication skills

Presentation skills

Problem solving

Budgeting

Education

Bachelor’s Degree in Accounting or Finance

Tools

MS Excel

Job description

The role is responsible for managing the budgeting process, financial planning, forecasting, and management reporting to support effective decision-making across the organization.

What will you do:

Budgeting & Forecasting

• Lead the annual budgeting cycle and ensure timely submission.
• Coordinate with all departments to gather inputs, review assumptions, and challenge inconsistencies.
• Prepare financial forecasts (monthly/quarterly) and analyze variances.
• Ensure alignment between business plans, KPIs, and financial budgets.

Management Reporting

• Prepare monthly management reports, including P&L, balance sheet, and cash flow.
• Analyze financial performance vs budget, forecast, and prior periods.
• Provide insights, trends, and recommendations for improvement.
• Prepare ad-hoc reports requested by management.
• Conduct cost analysis, ROI analysis, and business case evaluations.
• Support strategic initiatives with financial modelling.
• Identify risks and opportunities through scenario analysis.

Governance & Control

• Ensure accuracy, completeness, and integrity of financial data.
• Improve reporting processes and systems for efficiency.
• Support internal and external audit requirements.

General

• The duties and responsibilities outlined above may evolve over time without altering the overall nature or seniority of the role.
• The job holder may also be required to undertake other responsibilities as assigned by the Immediate Leader or Head of Division consistent with the role's scope and level of authority.

Skills and experience you possess:

• Bachelor’s Degree or equivalent in Accounting, Finance or any relevant field.
• Possess a minimum of 3 years’ experience in budgeting, reporting, or financial planning, preferably in banking / financial services.
• Strong analytical and numerical skills.
• Proficient in financial modelling and MS Excel.
• Good communication and presentation skills.
• Ability to work under pressure and meet deadlines.
• Attention to detail and strong problem-solving skills.