Position Summary
The Assistant FP&A Manager (Commercial) is responsible for analyzing and controlling the financial performance of the Commercial Unit within Southeast Asia against predefined targets.
- Month End Closing, Reporting & Performance Analysis
- Budgeting & Forecasting
- Business Partnering with Marketing & Commercial Team
- Ad hoc Financial Studies with Commercial team
Working Location: Vinda SEA HQ (Bandar Bukit Raja, Klang, next to Setia Alam)
Roles:
- Span of locations: Malaysia and within Southeast Asia
- Business diversity and complexity: working with Sales, Marketing, Finance Reporting, Commercial Controlling and Vinda Group Reporting in Hong Kong
You will play an important role to:
1) Monthly Reporting and Analysis of Performance
- Perform month-end closing activities including reconciliations, COGS reclassification, and detailed review of COGS GL transactions.
- Prepare monthly logistics cost accruals and ensure completeness and accuracy of reporting.
- Prepare monthly logistics cost reports with commentary to warehouse and logistics teams, highlighting significant deviations against Budget/Forecast.
- Prepare monthly management P&L by allocating expenses to customer and SKU level and reconcile management P&L with Trial Balance and SEA reports.
- Prepare monthly profitability analysis by trade channel, customer, SKU, and other business segments, and respond to queries from stakeholders and SEA team.
- Review monthly Sales and Marketing actual and estimated spending against Budget Plan and Forecast.
- Assist Manager in analyzing monthly profitability variances including sales, trade spend, gross profit, and operating expenses.
- Identify and continuously improve month-end closing and reporting processes to enhance efficiency and accuracy.
2) Budgeting & Forecasting
- Assist the FP&A Manager in setting up, managing, and maintaining budgeting templates and budget preparation activities.
- Perform budget roll-down and upload approved commercial budgets into SQL systems.
- Consolidation of the SEA budget for submission to the Group Reporting
- Prepare and monitor logistics cost budgeting and forecasting.
3) Business Partnering with Marketing & Commercial Team
- Finance Analysis - Support the calculation of feasibility study on Commercial initiatives; includes Marketing and Sales promotion activities, Pricing Review, New products/Product Upgrade, transportation model (effects on logistic cost) etc.
- Financial Measurement - Support with commercial team on post-event evaluation. Identify and continually seek improvements in business processes to maximize promotion efficiency and increase profitability.
4) Others
- Conduct periodic financial education and share sessions with Marketing and Commercial teams.
- Manage staff purchase pricing setup and support staff purchase committee/process administration.
- Provide business support for commercial projects and cross-functional initiatives as assigned.
To be successful in this role, you will need to have:
- Degree in Accounting/Finance or any relevant discipline
- Minimum 5 years of working experience in managing cost accounting/commercial controlling functions
- More than 2 years leadership experience preferred
