Budget & Reporting Analyst

Reporting

• Develop the process / documentations / templates / forms / instructions for initiating the data collection to develop the operating budget for the company.
• Work closely with the department heads ensuring clear understanding of the data collection process to ensure accuracy of details and information.
• Assist superiors in the achievement of objectives of corporate budgeting process by ensuring timely completion of all activities, following up, collating and developing the draft annual budget.
• Preparation of Monthly Management Reports on time as per the reporting schedule.
• Analyse Management financial statements through the preparation of various charts to explain each variance.
• Responsible for tracking costs on a continuous basis and preparation of trend charts. 
• Provide cost variance analysis on a monthly basis to cost owners for controlling costs.
•  Prepare any ad hoc reports required by Shareholders / Management. 
• Prepare and monitor Monthly/Quarterly Reports to shareholders in their formats.

Budgeting

• Consolidate the departments’ budgets and develop a draft budget for all legal entities of the company in conjunction with the line managers. Involve in the preparation of Production, Capex, Opex and prepare Budget Financials.
• Prepare the budget guidelines based on the best practices adhering to the policies and procedures of the company.
• Prepare the Annual Budget Calendar based on the time schedule requirements of Shareholders.
• Analyse budgeted costs and make necessary presentations for Management review.
• Facilitate various meetings for the preparation of production Budget, CCA Budget, Cost centre costs Budget, Manpower Budget.
• Run support service charges assessments in SAP and prepare SS charges for all 3 companies.
• Maintain and update the Budget Model.
• Perform cost-benefit analyses to compare operating programs, review financial requests, and explore alternative financing methods for the benefit of the company.

 Forecasting

•  Conduct forecast profitability analysis on quarterly basis and ensure they are in line with the company budgets and highlight any deviation from the same.
• Prepare monthly forecast for Net Income and Dividend for Senior Management & Shareholders

Financial Modelling and Reports

• Prepare the financial models and analyses previous, current and forecasted financial information to assist the Management to review performance and build business plans that optimise the business.
• Ensure timely and accurate production of standard and customised financial reports for the business.
•  Ensure the Management are fully briefed on how reports should be used to identify critical success factors and focus corrective actions. Produce management reports which set out financial data implications of actions and recommends way forward.

Financial Analysis and Reporting Systems

• Undertake focused analysis on Capex / investment performance, operations profitability and ongoing costs reviews.
• Provide commentary to support critical business decisions and provide sound independent financial advice to the management. Illustrate results, trends or conditions, which impact profitability.
• Provide financial information and suggestions, including recommendations and options as an input to assist in management decision-making.
• Prepare functional and technical requirements for new financial reporting systems, including gathering information, defining database structures, designing system and report requirements, and developing operational guidelines.

Compliance

• Comply with SOX requirements for the preparation of financials and management requirements.
• Comply IFRS and other relevant accounting standards for the preparation of Management reports & Budgets