Regional Business Unit (RBU) Controller

JJ-Lurgi; Selangor; On-site; MYR 200,000 - 250,000; Full time

Job summary

JJ-Lurgi Engineering seeks a Financial Controller to partner with the CEO and leadership team in defining operational priorities. The role includes financial planning, monthly reporting, and managing treasury and project accounting while leading initiatives that align financial goals with strategic objectives. If you have a strong financial background and are driven to implement change within a multinational environment, this position offers a great opportunity for personal and professional development.

Benefits

Great working environment

Career progression opportunities

Qualifications

• 8-10 years of experience in a managerial position in controlling or similar functions.
• Deep knowledge of financial processes and GAAP/IFRS.
• Experience in being a business partner to senior executive management.

Responsibilities

• Support implementation of strategy and oversees financial initiatives.
• Manage forecasting and budgeting processes for the RBU.
• Evaluate projects and provide financial solutions to operational changes.

Skills

Financial Planning and Analysis

Treasury Management

Cost Control

Project Accounting

Reporting

Education

Master's or Bachelor's Degree in Finance

Tools

SAP

Microsoft Excel

Job description

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JJ-Lurgi Engineering is a joint venture between Jebsen & Jessen Pte Ltd and Air Liquide. Our engineering roots are in Germany; in Asia we contract ourselves locally and have established in-house a new generation of expertise attuned to our clients’ particular needs. Our technologies include Edible Oil Extraction, Oil Refining, Fats Modification, Oleochemicals and Methylester (Biodiesel).

Position Summary

Be a partner and advisor to the CEO and RBU Leadership Team in defining and rolling out operational and strategic priorities in terms of financial planning and analysis, commercial objectives and projects, treasury and reporting and controls.

Be a member of the Group Finance Leadership Team to support group-wide initiatives and ensure implementation in the respective RBU and its member entities.

Responsible for following areas:

Support implementation of strategy

Monthly and yearly reporting for all JJLE entities

Planning and Management Accounting

Project accounting

Treasury, including FX risk-management (hedging) for all JJLE entities

Reporting and controls

Key Responsibilities

General and Commercial

A member of the RBU leadership team. Advises the team on any financial matters as basis for decision support and strategic planning and implementation.

A member of the Group Finance Leadership Team. Is responsible for the implementation of group wide financial initiatives in the respective RBU (e.g. Treasury, Tax, ITC, and Commercial).

Challenges business direction and contributes to operational decision making by using financial data.

Acts as a catalyst for driving business transformation.

Links strategic objectives of the RBU with the financial goals set.

Leads and supervises the in-company FPA in the respective RBU entities and coaches them in all aspects of financial controlling.

Designs and maintains structures (approval, reporting, tax etc.) for new companies, or new divisions/departments for existing/restructured companies. Ensures that tax, financial and ITC matters are taken care of in collaboration with central services.

Planning and Management Accounting

Evaluates business decisions and projects with regards to the financial impact for the RBU or for local strategic projects.

Leads and coordinates the forecasting and budgeting process for the respective RBU for the short and mid-term plans according to group and RBU requirements and timelines. Prepares and presents the financial assumptions and performance to the regional RBU leadership team and Executive Board (EB) /CFO.

Supports the RBU leadership team in setting financials goals and establishes a reporting against those.

Manages cost control and expense management and tracks performance against targets defined.

Performs regular financial analysis, simulations and reports them pro-actively to the RBU leadership team and to Group finance.

Pro-actively highlights, understands and flags financial challenges to the RBU leadership team and / or Group Finance as appropriate

Reviews areas for financial or process improvements, aligns them to Group requirements and policies, defines actions for and manages implementation.

Provides financial solutions to changed requirements in operation, policies, legal requirements etc.

Project Costing and Inventory Management

Ensures correct accounting for projects, including provisions for cost-to-complete, liabilities for non-conformance, mechanical warranties, any hidden liabilities as well as payment and process risks according to prevailing policies.

Develops control measures to ensure the commercial milestones are followed across the region for timely billing of downpayments, progressive claims, retention amounts and work in progress.

Reviews inventory valuation (if any) to ensure compliance to Group policies and accounting standards, make sure they have accurate quantities and are properly valued.

Monitors stock aging, computes and reviews obsolete inventory provisions, reports inventory development to regional team and highlight effects of provisions on the profitability of the business.

Treasury

Proactively optimises FX risk and exposures for the RBU in accordance with the applied policies

Overseas and vets payment terms in commercial contracts

Oversees and monitors together with local teams working capital (DSO, stocks, AP) and cash positions for entities.

Consolidates and reviews cash-flow forecasts to ensure pro-active management of cash needs or cash overruns.

Manages cash deposits for cash on hand to ensure best returns for the company.

Reporting and Controls

Manages the financial risk management of the RBU. Overseas compliance within the RBU, such as compliance to DoA and internal controls.

Ensures timely implementation of Internal Audit findings in cooperation with respective management team, company management and FPA.

Develops and strengthens finance skills within the RBU.

Provides financial consulting to Company Managers and Department Managers and facilitates knowledge sharing within the RBU and with other RBUs if applicable.

Supports preparation of board and other relevant presentations materials.

Qualification & Experience

Master or Bachelors Degree in Finance

Ideally 8-10 years’ experience in a leading managerial position in controlling or similar function (corporate finance, business services) with a multinational corporation, and exposure to SEA/AP region, however still with hands-on capabilities and interest.

Deep knowledge of financial planning and analysis, treasury, tax, costing and business processes as well as local and global GAAP and IFRS. Being able to build business plans (translating business initiative and strategies into numbers and vice versa), establish tailor-made, and target driven management reporting.

Experience in being a business partner to senior executive management (CEO/CFO/SVP/Regional CEO etc). Preferably having worked towards shareholders.

Experience within project business.

Experience with multiple global entities

Experience with FX management, including BG’s, Hedging, intercompany FX management etc.

Ability to lead and work with an international and multicultural team on all levels.

Able to drive and implement strategic projects and initiatives either from a corporate instruction into the business unit or from within the business unit.

Experience in M&A projects and related tasks an advantage (due diligence, integration, etc)

Experience in restructuring, change management, organizational reviews and legal set-ups in the countries necessary.

Good, hands-on SAP and SAP BW / BPC / TMS knowledge and Microsoft Office skills, in particular Microsoft Excel, Word and Power Point.

JJ- Lurgi Engineering offers a great working environment and career progression. If you are proactive, driven and enjoy a strategic role, this is the role for you.

Due to the volume of applicants, we will only be in touch with the shortlisted candidates.

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Which of the following statements best describes your right to work in Malaysia? What's your expected monthly basic salary? Which of the following languages are you fluent in? How much notice are you required to give your current employer? How many years' experience do you have as a financial controller? How many years' experience do you have as a Financial Reporting Manager? Do you have a professional membership with an accounting body? How many years' experience do you have as a Financial Planning Manager?

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