Job Description

Contract for ServiceLocation: Malaysia (MY), Sarawak Energy (SEB)Company: Sarawak Energy Berhad, Finance (50034013), Financial Planning (50034248),Number of Openings: 1Job Category: ContractClosing Date: 14 April 2024SCOPE OF SERVICES:(a) The key responsibilities and requirements are as follows:

• Plan and execute the roles of Planning, Budgeting & Forecasting Section in SEB\'s Finance Department for Support Services & Project Delivery Department for SEB Group;
• Analyse key financial information for the preparation of management reporting to facilitate managerial planning and commercial decision making that will ensure future growth and profitability of SEB Group;
• Plan and produce financial analysis and recommendation for supporting SEB\'s strategic financial objectives, budgetary planning and control; and
• Execute internal control and governance and rectify deviations to safeguard SEB Group\'s assets in compliance with Malaysian Financial Reporting Standards, meeting the requirements of the Companies Act and other relevant regulations in Malaysia.

(b) Management Accounting

• Review and perform comprehensive analysis to ensure completeness, timeliness and accuracy of data driven insights for shaping strategic business decisions in monthly management reporting and quarterly Board Paper of Support Services & Project Delivery Department for SEB Group.
• Report business value from the data of end-to-end processes and provide commercial & and financial support, analysis and strategic advice.
• Lead, manage and possess the skill to execute dashboarding and infographics, business intelligence tools to report the organisational performance and convey the business insight with predictive analysis and forecasting specific to the utility industry.
• Analyse and review the financial and business process initiatives for improvement in terms of efficiency and productivity.
• Analyse and review business performance and trend analysis of business units/segments to provide business insights.
• Execute cost accounting process with cost accounting techniques to recommend cost reduction strategies.
• Execute and monitor the cost optimisation initiatives via cost management techniques in monthly reporting.

(c) Planning and Budgeting

• Lead, develop and enhance budgeting methodology in terms of policies, procedures and guidelines for the management of annual budget for SEB Group.
• Execute budgeting and financial planning processes, workflows across multiple business units using advanced software tools to drive organizational performance.
• Organise, facilitate and provide guidance and advice to the budget team and budget owner of businesses in budgeting.
• Plan and organise the budgeting process with available resources and existing technologies to improve cost effectiveness.
• Plan, lead and execute the budgetary reporting activities for Support and Project Delivery department including Revenue Budget and Capital Expenditure Budget for Board approval timely.
• Develop budget that aligns to SEB Group\'s key strategies, key focus areas and KPIs.
• Resourceful to assess the potential impact of macroeconomic, social, political and environmental factors on the SEB Group financial results and budget achievability.
• Execute control in budgeting to ensure compliance of budgeting framework and policies of the SEB Group.

(d) Practice continuous improvement to maximize resulting benefits in value creation.
(e) Conduct training in ideas and knowledge sharing with Finance and non-Finance colleagues.
(f) Identify opportunities/areas of improvement, resolve root causes via action plans/strategies and solutions to create values.
(g) Avoid functional silos and be resourceful to formulate strategies in promoting an integrated approach to performance management.
(h) Carry out such other assignments and duties as instructed by the superiors from time to time.THINKING ENVIRONMENT & CHALLENGES (PROBLEM-SOLVING):

• To perform all tasks in line with the Information Security Quality Manual (ISQM) and the ISMS roles and responsibilities procedure.
• To perform all tasks in line with the Information Governance Policy Suite and Guidelines.
• Always be alert and aware of the changes in the reporting requirements to comply with the Malaysian Financial Reporting Standards, Income Tax Act, 1967 as well as the Companies Act 2016 in Malaysia.
• Lead to generate several alternative options and make a well-reasoned decision based on an analysis of the risks and opportunities.
• Able to approach problems by referring to own experience of similar situations.
• Seek to identify underlying causes by using readily available information.
• Lead the team to evaluate the advantages and disadvantages of potential solutions and approaches.
• Able to understand the purpose and objectives of own role and immediate team.
• Manage own work, scheduling and planning activities and arranging the use of additional resources when necessary.
• Positive about change; suggest improvements within immediate work area.
• Keen to enhance skills and knowledge within existing specialist area.
• Provide support and guidance to other team members to ensure delivery of results.
• Build effective working relationships with others and make a constructive contribution within their immediate team.
• Demonstrate integrity; words and actions are consistent.
• Ability to learn from diverse sources, past mistakes, experiences and other resources.
• Recognise the need for change and understand its importance.
• Able to work independently with minimum supervision and timely deliver any ad hoc reporting requirements.
• Be resourceful and proactive.

QUALIFICATION & WORK EXPERIENCE (KNOW-HOW):

• Recognized degree in Accountancy, Finance, Business, Economics or an equivalent professional qualification with minimum 8 - 10 years of related experience in strategic planning, performance management, change management or total quality management.
• Technical, operational skill and knowledge in utility industry.
• Skill and experience of SAP: SAP Project System Module (PS), SAP Plant Maintenance Module (PM), SAP Financial & Control Module (FICO) and ISUCCS Module.
• Knowledge and effective compliance of the latest Malaysian Financial Reporting Standard (MFRS).
• Knowledge and effective compliance of tax rulings and business laws.
• Strong business assessment methodologies and analytical skill of financial statements.
• Strong business budgeting review skill.
• Strong knowledge in best practices for business, industry and work process.
• Strong communication and presentation skills (written and verbal) and skill in Microsoft Office application programs.
• Internal and external customer relationship management.
• Strong analytical skills to cut through complexity.
• Willingness to travel and ability to work in a fast-paced environment, to work towards meeting tight deadlines, prioritise and handle multiple tasks at any one time.

This position is offered on Contract for Service terms & conditions.

Sarawak Energy