Job Description

General InformationCountry: MalaysiaState: SelangorCity: PuchongOffice Location: 17 Jalan Puchong 22KMDate posted: 22-Apr-2024Business Function: Accounting/FinancePosition Type: Full-Time/RegularDescriptionWe are hiring a Senior Business Analyst for our Finance Team. (Roles & Responsibilities)1) Complete monthly \xe2\x80\x9cAsia Plant PnL\xe2\x80\x9d Workbook for APAC business unit with full commentary for Finance Manager and Regional Finance Manager review on D+3, with the following analysis done:

• Review month end Cost Center Report with variance commentary for actuals vs last mth and vs Plan for each GL nature and cost center. Highlight exceptions to Finance Manager.
• Prepare Sales analysis by customer, by country, by product line and category, explain variance for Actual Sales vs Forecast.
• Prepare Standard Material Cost analysis by product category, comparison Standard Material Cost % vs Forecast for each product category and explain variance for the deviation.
• Prepare Material Variance analysis for PPV (Price Variance) by product line, Freight cost accrual analysis vs Forecast, Stock Gain & Loss analysis for the month.
• Prepare Scrap Analysis, track % scrap cost over Direct Material (Target 0.05%), analysis by product, by reason, by cost center. Reclass Mechanism scrap to US cost center.
• Prepare monthly Freight cost analysis by Freight Mode (Sea, Airfreight, Premium), by reasons vs last month.
• Reconciliation and posting monthly Payroll journal by GL and cost center. Accrue labor OT and contract labor at month end.
• Review MRO posting, GIT posting, FX Revaluation, post Interco margin and Cap Variance to close the book.

2) Monthly Forecast & Rolling Forecast. Preparation of:

• Backlog Sales Report analysis to forecast sales by month and by quarter., Preparation of forecast sales by product line.
• Forecast standard material cost by product line.
• Material variance for Inventory Revaluation, Freight, PPV, Scrap, Stock Gain & Loss
• Labor and OH cost forecast by month and by nature
• Rolling PnL Forecast for full year (By Legal Entity View)
• Rolling PnL Forecast for full year (By APAC View)
• Cost Center Report to HOD for review (Actual vs Plan)

3) Quarterly Reporting - Preparation of monthly Inventory Provision for Slow Move, analyze movement and make quarterly posting, Run Quarterly revaluation for all materials based on month end exchange rate, analysis revaluation gain and loss by reason, by product line. Amortize quarter revaluation gain/loss over 3 months and Review quarter report and schedules to SC International in timely manner using Wdesk.4) Weekly Reporting - KPI reporting (Every EOB Wednesday), Overtime reporting (Every Thursday) and Weekly Costing Update and Revaluation of material cost (Every Monday) for new material and material with significant cost /UOM changes5) Daily Task -

• Approve all NIP PR, verify material group, and cost center

• Approving expedite payment for urgent payment

• Review MAR for project and assets disposal, approve

• Check and post Inventory PID in and PID out, review Gain & Loss account.

• Update List Price in PSO for all replacements

6) Budget and Planning - Preparation of 3-year budget for Finance Manager Review, PnL Walk for Finance Manager Review (by legal view, by APAC view, by USEMEA view) and Activity rate planning7) Audit Taxation - Preparation audit Interco movement and confirmation, audit reconciliation and disclosure schedules, to ensure timely filing of statutory accounts and annual return. Preparation of Legal Entity Tax Payable Estimates, submit ETP revision to IRB (March, June, and Oct revision), Liaison with tax agent, ensure proper year-end tax computation and disclosure and review SST bi-monthly submission and send off return and ensure payment on time.8) Balance Sheets Schedules - Review Balance Sheet schedules and Audit schedules to ensure accuracy and compliance, initiate actions to stakeholders to clear items that are long overdue and Review tax schedules to ensure accuracy of accounting posting for allowable expenses9) Cash flow reporting - Submission of sales forecast to Steelcase Treasury Department for FX Hedging Contract review for cashflow preparation and Fixed Deposit Review.10) COSTING - CU 50, Updating of Standard material cost11) Statistic - Review Bank Negara, Statistic department & other statutory body reporting.Skill & Competencies:REPORT GENERATION AND DECISION MAKING * Validates the information / inputs incorporated in the report and ensures that the report is accurate.

• Reviews and analyzes reports.
• Understands the business need the report is going to serve and makes appropriate recommendations.

ANALYTICAL * Draws logical conclusions, providing options and recommendations, suggests analytical solutions to problems.ASSERTIVENESS * Accurately and appropriately communicates and enforces professional deadlines.

• Enforces Compliance to external and internal requirements.
• Do not hesitate to escalate critical issues as appropriate, speak up & take action.

COMMUNICATION * Able to effectively communicate with team members across different functions: Corporate Finance, Operations, Engineering, Quality, Supply Management, IT, Legal, Marketing, BD, Account & Sales

• Is able to put forth information, ideas and viewpoints in a clear, accurate and concise manner.
• Able to present effectively to Segment and site heads.
• Passes on relevant information to all concerned people in a timely manner.

PLANNING AND ORGANIZING * Builds in contingencies in the plan to overcome potential problems or makes appropriate recommendations to senior management.

• Does appropriate Planning for forecasting

RELATIONSHIP MANAGEMENT * Builds rapport with the data owners and uses the relationship to get data on time.

• Educates/ Influences the site authorities to make desirable financial decisions.

TIME MANAGEMENT * Works effectively under high pressure/stress for delivering results on time.

• Continuously looks for different ways to reduce the time or effort spent on creating the reports.
• Effectively handles multiple tasks.
• Prioritizes different tasks and activities as per the criticality, adjusts priorities when appropriate.
• Process Documentation and Improvement
• Continuously maintain and assist to improve General Ledger processes / reports / analysis by recommending leaner or efficient process or leverage best practice from others.

EducationDegree in Accounting with minimum 5 years of working experience in manufacturing industry (factory).

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