Senior Associate, Budgeting & Forecasting

MRANTI; Kuala Lumpur; On-site; MYR 70,000 - 95,000; Full time

Job summary

MRANTI is seeking a Senior Associate for Budgeting & Forecasting in Kuala Lumpur. You will collaborate with the Head of Financial Planning & Analysis to prepare budgets, monitor expenditures and develop forecasts that reflect business performance and market conditions.

The role demands strong Excel skills, experience in budgeting and forecasting, and the ability to provide data-driven insights to senior management.

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics or related discipline.
• Three to five years of budgeting/forecasting/financial planning experience.
• Proficiency in budgeting principles, processes and software tools.
• Advanced Excel financial modelling and data analysis.
• Familiarity with SAP or Oracle ERP systems.

Responsibilities

• Assist in preparing and consolidating annual budgets in line with strategic objectives.
• Monitor actual expenditure against budgets and identify variances.
• Update financial forecasts based on performance, trends and market conditions.
• Analyse variances and provide actionable explanations and insights.
• Prepare financial reports and management presentations for senior management.
• Collaborate with department heads to gather inputs and ensure alignment with targets.
• Monitor capital and operating expenditure to stay within approved budgets.

Skills

Budgeting

Forecasting

Excel modelling

Data analysis

ERP familiarity

Stakeholder mgmt

Financial reporting

Presentation skills

Education

Bachelor's degree in Accounting/Finance/Economics

ACCA/CPA/CIMA advantage

Tools

SAP

Oracle

Microsoft Excel

Job description

Job Summary

The Senior Associate, Budgeting & Forecasting supports the preparation, management and analysis of the organisation’s budgets and financial forecasts. The role is responsible for monitoring financial performance, analysing variances and developing accurate financial projections to support effective decision-making. Working closely with the Head of Financial Planning & Analysis and departmental stakeholders, the position provides data-driven insights and helps ensure that financial plans remain aligned with the organisation’s strategic objectives.

Job Summary

The Senior Associate, Budgeting & Forecasting supports the preparation, management and analysis of the organisation’s budgets and financial forecasts. The role is responsible for monitoring financial performance, analysing variances and developing accurate financial projections to support effective decision-making. Working closely with the Head of Financial Planning & Analysis and departmental stakeholders, the position provides data-driven insights and helps ensure that financial plans remain aligned with the organisation’s strategic objectives.

Key Responsibilities

• Assist in preparing and consolidating annual budgets in line with the organisation’s strategic and financial objectives.
• Monitor actual expenditure against approved budgets and identify significant variances.
• Work with relevant stakeholders to address budget variances and ensure expenditure remains within approved financial plans.
• Prepare and update financial forecasts based on business performance, current trends and market conditions.
• Analyse variances between actual financial results, budgets and forecasts, providing clear explanations and actionable insights.
• Prepare financial reports, management presentations, scenario analyses and other materials for senior management.
• Collaborate with department heads and budget owners to gather financial inputs and ensure alignment with established financial targets.
• Monitor and control capital and operating expenditure to ensure compliance with approved budgets and corporate priorities.
• Review and continuously improve budgeting and forecasting processes to enhance accuracy, efficiency and timeliness.
• Support the Head of Financial Planning & Analysis in implementing financial strategies and facilitating management decision-making.

Job Requirements

• Bachelor’s degree in Accounting, Finance, Economics or a related discipline.
• Professional qualification or certification, such as ACCA, CPA or CIMA, would be an advantage.
• Three to five years of relevant experience in budgeting, forecasting, financial planning or financial analysis.
• Strong knowledge of budgeting and forecasting principles, processes and software tools.
• Advanced proficiency in Microsoft Excel, including financial modelling and data analysis.
• Proficiency in Microsoft Word and PowerPoint, with the ability to prepare clear financial reports and presentations.
• Familiarity with financial software and enterprise resource planning systems, such as SAP or Oracle.
• Strong analytical and problem-solving skills, with the ability to interpret complex financial data and provide actionable insights.
• Good communication and stakeholder-management skills, with the ability to collaborate effectively across departments.
• Ability to work in a fast-paced environment and adapt to changing business requirements and priorities.