Responsible for developing operating and financial planning required for the budget and periodic forecasting to aid management to achieve strategic business plans and in decision making.
Responsibilities:
- Provide analysis insight in driving sales volume growth from multiple angles that include SKU, Customers, Product Category, Channel and Region in alignment with strategic business goals.
- Perform contribution margin analysis by SKU, Customers, Product Category, Channel and Region that includes gross selling price, rebates, various form of discounts and sales mix.
- Provide value add analysis on delivery costs by Customers, Region and Channel.
- Provide value add analysis on packaging costs by SKU, Product Category, Customers and Channel.
- Prepare product costing and recommend selling price for New Product Development (NPD) or existing products to new customers by taking into account of competitors pricing benchmark and marketing strategy.
- Review and monitor annual Advertising & Promotion (A&P) budget against actual spent to ensure budgeted amount is not breached and targeted ROIs are met.
- Provide analysis to support ad hoc selling and promotional activities such as clearance of ageing inventory or excessive imbalance parts.
- Lead and support the sales and marketing team in preparation of annual budget which is aligned and support the strategic business goals.
- Prepare monthly financial forecast, LE (Latest Estimates P&L for the remaining period of the year) and evolve action plans in collaboration with production and sales team to close performance gaps.
- Provide analysis and support sales team in demand planning to achieve targeted orders fulfilment and minimise forecast variance (WMAPE).
- Drive and achieve monthly KPIs for the business and team, constantly finetune and monitor business KPIs to ensure business objectives are met.
- Identify and implement areas for improvement in internal controls thus ensuring company's assets and interest are adequately safeguarded.
- Drive process improvement to enhance business operations efficiency and effectiveness
- Perform feasibility study on new capex or projects.
- To perform any other task and assignments as directed by the Management from time to time.
Requirements:
- Candidates with CIMA, ACCA, Degree in Finance/ Accounting or similar professional qualifications preferred.
- Candidates with 7 to 8 years of finance and accounting working experience or related field required.
