Program Manager (Cost Transformation)

Hewlett Packard Enterprise; Batu Kawan; On-site; MYR 180,000 - 280,000; Full time

Job summary

HP, Inc. in Penang, Malaysia seeks a Senior Program Manager (Cost Transformation) to lead capital budgeting, depreciation planning and cross‑functional initiatives. You will influence strategic decisions, develop robust business cases, and mentor finance staff as you drive cost transformation across the site.

You will partner with business leaders to ensure disciplined capital execution, forecast cash flow, and manage governance while representing the organization in internal and external forums.

Qualifications

• Four-year or graduate degree in business/admin/finance or related field.
• 7–10 years of experience in financial management, internal audit, accounting, or related field.
• CPA or CFA certifications preferred.

Responsibilities

• Leads site capital budgeting, forecasting, and investment governance.
• Owns cash flow planning and forecast accuracy for capital spend.
• Manages depreciation planning and asset capitalization impacts.
• Drives cost transformation initiatives with leadership alignment.
• Develops business cases using ROI/NPV/IRR and sensitivity analysis.
• Provides mentorship and guides cross-functional project teams.
• Represents the business unit in cross-regional planning and external dealings.

Skills

Cross-functional collaboration

Effective Communication

Results Orientation

Learning Agility

Digital Fluency

Customer Centricity

Financial Analysis

Data Analysis

Variance Analysis

Process Improvement

Education

Four-year or Graduate Degree in Business Administration, Economics, Finance

Typically 7-10 years of work experience in finance-related fields

Tools

SAP Applications

Job description

Job Summary

This role is responsible for leading and providing expertise to project teams, participating in cross-functional initiatives, and guiding process improvements and policy establishment. The role collaborates with business leaders to influence strategic decision-making and conducts complex financial analysis to achieve objectives effectively. The role also represents the business unit and the organization as needed, builds productive relationships, and mentors lower-level employees.

Responsibilities

• Leads site capital investment planning and financial governance, including CAPEX budgeting, forecasting, prioritization, utilization tracking, and investment performance management to ensure effective deployment of capital and alignment with business priorities.
• Owns site capital cash flow planning and forecasting, providing visibility to capital spending commitments, cash requirements, spending risks, and opportunities while driving forecast accuracy and disciplined capital execution.
• Manages depreciation planning and forecasting associated with the site’s asset base and capital investment portfolio, evaluating the financial impact of new investments, asset capitalization, useful life assumptions, and investment timing on the site’s cost structure.
• Leads financial governance for cost transformation initiatives, partnering with business and functional leaders to identify, validate, prioritize, and track structural cost-reduction opportunities and productivity improvements.
• Develops robust financial business cases for capital investments and transformation initiatives using financial evaluation methodologies such as Return on Investment (ROI), Net Present Value (NPV), Internal Rate of Return (IRR), payback period, and sensitivity/scenario analysis.
• Leads and/or provides expertise to functional project teams and participates in cross-functional initiatives.
• Acts as an expert providing direction and guidance to process improvements and establishing policies.
• Collaborates with business leaders to guide and influence strategic decision-making within a broad scope.
• Performs complex and occasionally highly complex financial analysis for a financial function or business, utilizing strong business understanding to achieve objectives effectively.
• Leads and drives business initiatives, overseeing analysts across multiple sub-functions within finance.
• Forecasts financial results within a broad scope and identifies opportunities for process improvement and policy development, actively engaging in their design and implementation.
• Represents the business unit during cross-regional or cross-functional planning processes.
• Represents the organization to external customers and clients.
• Applies advanced subject matter knowledge, leads, and contributes to complex projects, and exercises independent judgment in resolving business issues and establishing policies.
• Develops and builds productive internal/external working relationships and provides mentoring and guidance to lower-level employees.

Education & Experience Recommended

• Four-year or Graduate Degree in Business Administration, Economics, Finance, or any other related discipline or commensurate work experience or demonstrated competence.
• Typically has 7-10 years of work experience, preferably in financial management, internal audit, accounting, or a related field.

Preferred Certifications

• Certified Public Accountant (CPA)
• Certified Financial Analyst (CFA)

Knowledge & Skills

• Accounting
• Auditing
• Automation
• Corporate Finance
• Data Analysis
• Economics
• Finance
• Financial Analysis
• Financial Modeling
• Financial Planning
• Financial Services
• Financial Statements
• Generally Accepted Accounting Principles
• Internal Controls
• Investments
• Key Performance Indicators (KPIs)
• Process Improvement
• Profit And Loss (P&L) Management
• SAP Applications
• Variance Analysis

Cross-Org Skills

• Effective Communication
• Results Orientation
• Learning Agility
• Digital Fluency
• Customer Centricity

Impact & Scope

Impacts function and leads and/or provides expertise to functional project teams and may participate in cross-functional initiatives.

Complexity

Works on complex problems where analysis of situations or data requires an in-depth evaluation of multiple factors.

Disclaimer

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.

Job Category

Supply Chain & Operations

Program

Program Manager (Cost Transformation)

Job Details

• Schedule: Full time
• Shift: No Shift premium (Malaysia)

Equal Opportunity Employer (EEO)

HP, Inc. provides equal employment opportunity to all employees and prospective employees, without regard to race, color, religion, sex, national origin, ancestry, citizenship, sexual orientation, age, disability, or status as a protected veteran, marital status, familial status, physical or mental disability, medical condition, pregnancy, genetic predisposition or carrier status, uniformed service status, political affiliation or any other characteristic protected by applicable national, federal, state, and local law(s).

Please be assured that you will not be subject to any adverse treatment if you choose to disclose the information requested. This information is provided voluntarily. The information obtained will be kept in strict confidence.

For more information, review HP’sEEO Policy or read about your rights as an applicant under the law here: "Know Your Rights: Workplace Discrimination is Illegal"