Assists Senior Manager in preparing the annual business plan based on corporate objectives and budgeting requirements.
Works closely with all departments ensuring that the budget amount proposed are supported with basis of computation and detailed explanations especially for new initiatives. Reasonable test performed on computation basis, historical trend and scenarios on criteria changes (ie. impact on detariff, inflation, market growth and etc).
Assists Senior Manager in preparing the forecast and plan presentation slide.
Monitors the overall budget allocation by Line of Business and Distribution Channels to ensure all plans and initiatives are delivered within budget.
Respond to requests for ad-hoc reports from Senior Management team on strategic projects and countermeasures.
Support the Head on the allocation plan of intermediary related expenses (IRE) and management expenses for each distribution channel to optimise corporate expenses based on the cost-benefits analysis.
Financial Analysis
Assists Senior Manager in preparing the monthly financial related presentation slides.
Work closely with various departments on forecast updates and management accounts reporting in ensuring the accuracy of reported information.
Monitors and tracks the actual business achievement against the approved plan by Line of Business and Distribution Channels through monthly data review and statistical findings.
Support the Head on the tracking of the intermediary related expenses of the respective distribution channels.
Market Analysis
Market and business circumstances/ environment
Comparison on competitors performances inclusive of industry statistics, andcompetitors business strategies and initiatives, if available.
Requirements
Minimum of 5-7 years working experience in a similar role.
Degree in Finance or equivalent.
Experience in financial and operational performance analysis.x
Experience in reviewing adequacy of internal control procedures and financial and operational risks assessment.
Sound knowledge in Financial Services industry.
Application of BNM guidelines and Financial Services Act 2013 in work.
Knowledge in project management process.
Proficient in MS Office Application (Word, Excel, Access, PowerPoint.
