Controller, Budget & Cost

Job Purpose

The jobholder is responsible to lead the budget and cost control to ensure efficient utilization of the respective OPEX and CAPEX to support the operations, projects, plans, and investments.

This role includes; leading the cost forecasting and planning for the business cycle; alignment of the approved budget for the respective functions and teams; monitoring the cost controlling and invoicing activities; supporting the decision making, financial forecasting, and budget allocation for the respective functions; providing support in developing functional KPIs; preparation of financial performance reports; liaising in functional financial audit matters; and providing financial advice to functional leadership and management.

Key Accountabilities

Business Performance Support

 Alignment of the KPI / Milestones with Corporate Balance Scorecard

 Regular review and analysis of financial performance for each function and initiate cost effective corrective action proposals.

 Provide ad hoc support and financial advice to Leadership.

 Provide support and coordination for all benchmark related activities

 Liaise with auditors for all financial and cost management related matters Internal Control.

 Review and manage cost management processes of the respective budgets.

 Review Delegation of Authority Matrix with Leadership on regular basis for simplification and alignment of business processes with best practices.

Business Planning & Forecast

 Develop the detailed 5-years business plan for the respective scope.

 Initiate Business Planning process forecast, budget and to prepare necessary documentation.

 Manage functional cost analysis in preparing and finalizing budget.

 Review and challenge input received from various sources.

 Liaise with functional leadership to finalize strategic functional activities for management approval.

 Summarize the results and prepare comprehensive presentation material for respective

leadership endorsement.

Cost Control & Reviews

 Analyse the actual cost for verses approved budget.

 Review, and conduct functional analysis reports on variances to develop financial statistics.

 Provide support to functional leadership in various costing matters with analysis and financial

interpretations.

 Monitor the function’s financial performance regularly and carry out necessary proactive actions.

Financial Analysis & Reporting

 Review and present monthly based performance report for leadership and highlight significant

financial issues.

 Monitor cost allocation and take immediate actions for necessary rectifications

 Provide monthly input to Accounts related to expenses in-progress.

 Review and present budget vs. actual report to Owners on business planning outputs.

Qualifications, Experience, Knowledge & Skills

Minimum Qualification

 University degree in Finance, Accounting or related fields.

 Preferred To Have Master Degree In Finance

 Fluency in English Language; written and oral

Minimum Experience & Knowledge & Skills

 Minimum of 10 - 12 years of total experience

 Minimum of 8 years of the experience in Financial Controlling and Budgeting.

 Good knowledge of Business Warehouse/SAP and MS office with focus on Excel and PowerPoint.

 Excellent Team player

 Good in collecting, analysing and presenting data

 Have the effectiveness to function in an international and multicultural context

 Demonstrate flexibility to meet challenging deadlines

Professional Certifications

Key Accountabilities

 Preferred to be certified in Financial

Business Performance Support

• Alignment of the KPI / Milestones with Corporate Balance Scorecard
• Regular review and analysis of financial performance for each function and initiate cost effective corrective action proposals.
• Provide ad hoc support and financial advice to Leadership.
• Provide support and coordination for all benchmark related activities
• Liaise with auditors for all financial and cost management related matters Internal Control.
• Review and manage cost management processes of the respective budgets.
• Review Delegation of Authority Matrix with Leadership on regular basis for simplification and alignment of business processes with best practices.
  
  

Business Planning & Forecast

• Develop the detailed 5-years business plan for the respective scope.
• Initiate Business Planning process forecast, budget and to prepare necessary documentation.
• Manage functional cost analysis in preparing and finalizing budget.
• Review and challenge input received from various sources.
• Liaise with functional leadership to finalize strategic functional activities for management approval.
• Summarize the results and prepare comprehensive presentation material for respective
  
  

leadership endorsement.

Cost Control & Reviews

• Analyse the actual cost for verses approved budget.
• Review, and conduct functional analysis reports on variances to develop financial statistics.
• Provide support to functional leadership in various costing matters with analysis and financial
  
  

interpretations.

• Monitor the function’s financial performance regularly and carry out necessary proactive actions.
  
  

Financial Analysis & Reporting

• Review and present monthly based performance report for leadership and highlight significant
  
  

financial issues.

• Monitor cost allocation and take immediate actions for necessary rectifications
• Provide monthly input to Accounts related to expenses in-progress.
• Review and present budget vs. actual report to Owners on business planning outputs.
  
  

Qualifications, Experience, Knowledge & Skills

Minimum Qualification

• University degree in Finance, Accounting or related fields.
• Preferred to have Master degree in Finance
• Fluency in English Language; written and oral
  
  

Minimum Experience & Knowledge & Skills

• Minimum of 10 - 12 years of total experience
• Minimum of 8 years of the experience in Financial Controlling and Budgeting.
• Good knowledge of Business Warehouse/SAP and MS office with focus on Excel and PowerPoint.
• Excellent Team player
• Good in collecting, analysing and presenting data
• Have the effectiveness to function in an international and multicultural context
• Demonstrate flexibility to meet challenging deadlines
  
  

Professional Certifications

• Preferred to be certified in Financial
  
  

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