Ø Managing the process and formats for creating annual Factory and Departmental budgets and semi-annual updates.
Ø Review monthly financial reports and highlights to Management on variances, performance and expenses against budget and forecast, so that corrective actions can be carried out effectively.
Ø Proactively analyzes accounting records and identifies areas of improvements (e.g. handling of ageing materials). Investigate and provide recommendations to the management team and relevant departments as appropriate.
Ø Create monthly 3-month forward forecast of Profit & Loss, including operational data for each department.
Ø Collecting and analyzing data for any ad-hoc financial and performance requests.
Ø Assist the management team in cost analyses and cost reduction exercises as needed.
Ø Provide cost analysis tools such as Group Cost Model, variance analysis, etc. to relevant managers, and train them how to use the tools to identify cost drivers and identify cost reduction opportunities.
Ø Identify the Factory’s major controllable costs (e.g. excess cost, electricity, consumables). Collect the data required to create reports and track these costs on a regular basis.
Ø First Degree in Accounting and Finance.
Ø At least 3 years of related experience in manufacturing industry.
Ø Exposure in external auditing and ACCA parts qualified is preferable.