Manager - Finance (Cost Management)
- Employer
- Hong Leong Bank
- Location
- Kuala Lumpur, Malaysia
- Salary
- Competitive
- Closing date
- Mar 1, 2025
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- Job Function
- Accounting/Audit/Tax
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
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Key Responsibilities and Accountabilities
Financial Reporting & Analytics
Cost Control & Optimization
Systems & Administration
About Hong Leong Bank
We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.
We seek to strike a balance between diversity, inclusion and merit to achieve our mission of infusing diversity in thinking and skillsets into our organisation. Candidates are assessed based on merit and potential, in line with our mission to attract and recruit the best talent available. Expanding on our "Digital at the Core" ethos, we are progressively digitising the employee journey and experience to provide a strong foundation for our people to drive life-long learning, achieve their career aspirations and grow talent from within our organisation.
Realise your full potential at Hong Leong Bank by applying now.
Key Responsibilities and Accountabilities
Financial Reporting & Analytics
- Involved in monthly opex closing & reporting and supervise the preparation of relevant management reporting for MC meeting, including monthly bankwide opex flash reporting.
- Perform monthly cost allocation (actual / budget / forecast) and shared service costs computation and reporting.
- Quarterly forecasting process, validating and finalizing of business submission.
- Annual Budget process including budget assumption, consolidation and validation of budget submission by Business Units/departments, simulation and recommendation for management approval.
- Preparation of relevant cost management analysis slides for Management Committee and management within the stipulated timeline.
Cost Control & Optimization
- Working with business and other divisions in developing SOP and strategic cost savings initiatives including tracking, reporting and validation on actual achievement.
- Tracking and monitoring of accruals on non-business finance divisions to ensure accuracy and validity of accruals.
- Evaluating, tracking and monitoring of Capital Expenditure Request (CER) and ensuring CER raised is in compliance with CER Policy. Preparation of capital expenditure report for Management Committee and Board Meetings.
- Conduct Post Implementation Review (PIR) including validation of actual results against targets and preparation of PIR report for management on monthly basis.
- Evaluating, tracking and monitoring of Expenditure Approval Request (EAR) and ensuring EARs are in compliance with EAR Policy for non-business finance divisions.
Systems & Administration
- Provide support and maintain the Enterprise Resource Planning (ERP) and Enterprise Performance Management (EPM) system
- Managing the secretariat functions to the Bank's Tender Review Committee (TRC).
- Any other ad-hoc assignments relating to cost management and TRC.
About Hong Leong Bank
We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.
We seek to strike a balance between diversity, inclusion and merit to achieve our mission of infusing diversity in thinking and skillsets into our organisation. Candidates are assessed based on merit and potential, in line with our mission to attract and recruit the best talent available. Expanding on our "Digital at the Core" ethos, we are progressively digitising the employee journey and experience to provide a strong foundation for our people to drive life-long learning, achieve their career aspirations and grow talent from within our organisation.
Realise your full potential at Hong Leong Bank by applying now.
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