SR Finance Analyst (Manufacturing)

TE Connectivity

Seberang Perai

On-site

MYR 90,000 - 140,000

Full time

5 days ago
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Job summary

TE Connectivity in Penang is seeking a Finance Analyst to support planning, budgeting, reporting, and internal controls in alignment with TE's corporate policies. You will assist on annual budgets, monthly forecasts, inventory risk tracking, costing, and fixed assets accounting, with cross-functional support to optimize project margins and regulatory compliance.

Role requires a finance/accounting degree and 7–10 years in manufacturing finance analysis, emphasizing variance analysis and process

Qualifications

  • Bachelor's degree requirement in finance, accounting, taxation or related field.
  • 7–10 years of experience as Finance Analyst with manufacturing variances and forecasting is preferred.
  • Strong costing knowledge and ability to improve manufacturing variances.

Responsibilities

  • Assist in annual budget preparation and monthly forecast preparation.
  • Track weekly forecast variances to provide accurate reports.
  • Monitor inventory risks and opportunities and track inventory counts.
  • Prepare data for material master, standard costs, and month-end journal entries.
  • Lead fixed assets reporting, transfers, and annual asset counts.
  • Coordinate and support annual audits with relevant information.

Education

Bachelor's degree in finance/accounting/taxation or related

Job description

RESPONSIBILITIES

Encompassing planning, budgeting, reporting, and internal controls to ensure adherence to applicable regulations, accounting standards, and principles, in alignment with TE's corporate policies and procedures.


1. Planning and Budgeting


  • Assist on annual budget preparation.

  • Assist on monthly forecast preparation.

  • Track weekly forecast variance. In order to provide accurate and timely reports.


2. Inventory Risk tracking/Analysis


  • Inventory reserve preparation

  • High light inventory risks and opportunities mthly

  • Monitor inventory physical count.

  • In order to comply with corporate policies and risk control


3. Costing accounting


  • Data prepare(Mater master/Routine/Std cost);

  • Month ending JE booking

  • PPV program and analysis

  • Mat. usage analyzing

  • Production scrap report preparing


4. FA accounting


  • Familiar with Capital Assets policy and comply with the policy(Include local policy);

  • Prepare FA management report(Acquisitions, disposal, transfer etc.) and leading fixed

  • assets physical count

  • Issuing Asset Tags to assets responsible department

  • Intercompany Transfers of Fixed Assets data preparing and follow to financial posting

  • Follow Open PO&IO&CIP tracking report by month

  • CER review and budget control with report and management.


5. Other assignment


  • Coordinate and support annual audit by providing information and justification to auditor.

  • Cross company business support, indluding cost comparison, identifying gross margin optimizated opportunity.

  • Cross function support for project margin analyzing, and provide useful information to team.


REQUIREMENTS


  • At least bachelor’s degree in finance/accounting/taxation or related.

  • Over 7-10 years working experience in Finance Analyst with Manufacturing Variances, Annual Forecasting skillset is preferred .

  • Good knowledge and experience in costing of manufacturing. Understand how to manage and improve Mfg. variance.

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