Finance Analyst (Costing)

ROLES & RESPONSIBILITIES

The candidate shall be responsible for, but not limited to, the following :

Costing

• Cost driver analysis and process mapping Gain a deep understanding of the business activities value chain and operational processes to accurately determine, collect and analyse operational cost data. Identify and analysing the factors that contribute to the costs incurred by different business lines within the company and uncover potential cost optimisation initiatives.
• Develop and maintain cost allocation methology in ERP System Analyse and update the costing standards to ensure consistency and accuracy in cost analysis and determine its relevancy to current business activities. Ownership and usage of ERP system for reporting to be performed in a timely and accurate manner.
• Evaluate the financial viability of commercial transactions Review the costs of providing each commercial transaction in a timely manner. Perform benchmarking of the profitability against existing business activities.
• Partner with cross-functional stakeholders on the profitability of each business activity / segment Close communication and collaboration required with various functions to ensure that the costing methodology is understood to optimize cost where applicable. Engagement within own function also required for deep understanding of underlying data.
• Prepare and analyse Business Segment Reports for Management, Board and Shareholders, and other internal stakeholders Compile and present cost-related information in reports for various stakeholders within the organization
• Regulatory and Compliance Activities Regular reporting and relevant compliance work as required by the Regulator. Act as liaison with the Regulator on the matters pending to tariff determination.

Others

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