Cost Management Analyst

Act as the focal point for all cost-related matters within FN

Responsible for the daily monitoring, tracking and periodic deliverables of the cost management section.

Hold regular meetings with the Head of section and finance controlling manager to keep team informed about the progress on the cost management activities.

Prepare annual financial cost management plan and model.

Develop procedure for cost management function

Contribute and coordinate to develop guidelines for cost planning and modelling.

Develop seamless process from financial planning to annual cost budget and lead the preparation of Group consolidate budget / parent / subsidiary Cost Budget.

Develop a holistic view of historical and forward-looking cost and inventories balances.

Coordinate across budgeting, forecasting, and reporting activities and provide consistency review and quality check of the budget contain and reporting.

Drive cross-functional alignment on cost objectives, assumptions, and performance expectations across FN stakeholders

Provide financial planning, budgeting, and cost reporting to the Management Team (via the financial reporting and budget/forecasting sections) and other stakeholders.

Support strategic decision-making through ADHOC cost analysis and report as required

Interact with other departments / sections in obtaining the necessary inputs for the cost budget preparation.

Provide monthly cost analysis against budget, gap to potential and prepare monthly cost reporting

Provide and perform inventories trends analysis and monthly KPI's

Conduct monthly cost and inventories review meetings with key internal stakeholders and managers to challenge variances and provide gap analysis.

Drive and monitor cash preservation exercise

Coordinate internal and external benchmark exercise to identify cost management opportunities and gap to potential.