Senior Financial Analyst / Cost Controller

Job title: Senior Financial Analyst / Cost Controller

Company:


Job description: Position Overview: The Senior Financial Analysis / Cost Controller will be responsible for overseeing all cost-related activities within the organization. This role involves analyzing financial data, preparing reports, and providing recommendations to improve cost-efficiency and overall profitability. The ideal candidate will be adept at budgeting, forecasting, cost analysis, and financial reporting. Responsibilities: You are required to perform these job functions: Cost Management 1. Develop and implement robust cost control processes and procedures 2. Monitor, analyze, and report on costs, identifying variances and recommending corrective actions. 3. Prepare and present cost forecasts, cost reports, and other financial analyses to stakeholders. 4. Manage cost baselines and ensure adherence to established cost control procedures. 5. Review invoices for accuracy and completeness. Budgeting and Forecasting 1. Work closely Finance team to develop project budgets and forecasts. 2. Provide support in creating accurate and realistic financial projections for ongoing and upcoming projects. 3. Monitor and track project costs against budgets, identifying and analysing variances. Financial Analysis 1. Conduct in-depth financial analysis on project performance, identifying trends and areas for improvement. 2. Collaborate with cross-functional teams to assess the financial impact of project decisions. Risk Management & Compliance 1. Identify and assess potential financial risks associated with project costs. 2. Develop and implement strategies to mitigate risk and ensure projects stay within budget. 3. Ensure adherence to company financial policies and procedures. Reporting 1. Prepare and present regular and ad-hoc financial reports to senior management. 2. Ensure compliance with internal and external reporting requirements. Cost Estimation 1. Regularly review pricing strategies and assess the impact on profit margins. 2. Assess the financial impact of changes in project scope or specifications and collaborate with relevant parties to manage and document change orders. Vendor and Contract Management: 1. Examines and reviews all project contract tender documents, including: BOQs, drawings, specs, contract etc. 2. Work closely with procurement teams to evaluate vendor proposals, negotiate contracts, and ensure cost-effective procurement strategies. Qualifications: Bachelor’s degree in finance, accounting, or a related field. Previous experience in a managerial or supervisory capacity is strongly preferred. Strong analytical skills and proficiency in financial modelling and analysis. Knowledge of accounting principles, financial regulations, and cost control methodologies. Proficiency in financial management software and systems. Excellent communication and presentation skills. Strong attention to detail and ability to work with complex financial data. Ability to work collaboratively with cross-functional teams and influence stakeholders. Strong leadership and team management skills. Ability to work under pressure and meet deadlines.

Expected salary:

Location: Kuala Lumpur

Job date: Tue, 12 Nov 2024 23:15:03 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (jobsnear.pro) you saw this job posting.Thanks&Good Luck