The Global FP&A, Controlling and Finance Operations SE Asia role is criticial in providing key support to the Group Chief Financial Officer.
The individual is also responsible in managing a global and dynamic team, with key job responsibilities that include are are not limited to the following.
Financial Planning & Analysis
Focuses on strategic planning, budgeting, forecasting, performance analysis to drive business decision making.
- Strategic decision support: Financial Planning and Analysis (FP&A) provides crucial support for strategic decision-making by creating budgets, forecasts, and financial models. These tools help businesses anticipate future financial scenarios and assess the potential impact of various strategic initiatives.
- Performance evaluation: FP&A monitors and evaluates the company's financial performance against established goals and forecasts. Through variance analysis and performance metrics, FP&A identifies areas of strength and weakness, providing insights for corrective actions and resource optimization.
- Risk management & Compliance: FP&A plays a vital role in identifying, assessing, and managing financial risks, ensuring compliance with regulations and internal policies. By analyzing market trends, economic indicators, and internal processes, FP&A helps mitigate risks and maintain financial stability.
Controlling & Compliance
Focuses on financial reporting (consolidation), compliance and risk management:
- Financial oversight: Responsible for overseeing all aspect of financial management within the organisation, including accounting, budgeting, forecasting and reporting. Ensure compliance with accounting principles and regulatory requirements while implementing internal controls to safeguard company assets.
- Strategic planning analysis: Key role in strategic decision making by providing financial analysis and insights to support business objectives. They analyses financial data, identify trends and provide recommendations to optimise performance, mitigate risk and drive growth initiatives.
- Leadership & management: Leads the finance team by providing direction, guidance, and mentorship to ensure efficient & effective operations. Collaborate with other departments, senior management, external stakeholders to achieve financial goals.
Finance Reporting & Accounting
Involves processing financial transaction, preparing financial reports, ensuring compliance with financial reporting standards, regulations to support effective decision making & regulatory compliance.
1. Transaction Processing:
- Operational finance reporting and accounting involve processing various financial transactions such as sales, purchases, payroll, and expenses.
- This includes recording transactions in the accounting system, ensuring proper documentation and authorization, and posting entries to the general ledger.
- Activities also involve reconciling accounts, verifying balances, and resolving discrepancies to ensure the accuracy and completeness of financial data.
2. Financial Reporting:
- This function encompasses the preparation of financial statements, including income statements, balance sheets, and cash flow statements.
- Financial reporting involves compiling and summarizing financial data from various sources, applying accounting principles and standards (such as GAAP or IFRS), and presenting the information in a format that is understandable and useful for stakeholders.
- Reporting may also include producing management reports, internal performance metrics, and regulatory filings to provide insight into the organization's financial health and performance.
3. Compliance and Controls:
- Operational finance reporting and accounting are responsible for ensuring compliance with accounting regulations, internal policies, and external requirements.
- This involves implementing internal controls to safeguard assets, prevent fraud, and maintain data integrity.
- Activities include conducting internal audits, ensuring adherence to accounting standards, and facilitating external audits by providing accurate and reliable financial information.
