Malayan Flour Mills Berhad

Intern - Finance (Cost Management)

Malayan Flour Mills Berhad  •  Malaysia (Onsite)  •  22 hours ago
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Job Description

If you are looking to excel and make a difference, take a closer look at us…

Functional (job responsibilities)

Financial Reporting & Analysis

  • Prepare monthly Opex closing, reporting, and management presentations.
  • Conduct cost allocation and manage shared service computations.
  • Analyze variance analysis (actual vs. budget vs. forecast) and provide insightful cost management slides for Management Committee meetings.

Budgeting, Forecasting and Flash Process and Governance

  • Coordinate and consolidate bankwide annual budget and quarterly forecast exercises, ensuring strict alignment with Group strategic cost-reduction mandates and headcount limits.
  • Manage the Month-End Flash (MEF), provide accurate validation of late adjustments, accrual reversals, and opex recovery entries.

Capex and Project Governance & Support

  • Track and evaluate Capital Expenditure Requests (CER), ensuring strict policy compliance.
  • Manage capital commitment reports, depreciation projections, and Capex budget submissions.
  • Perform Post-Project Implementation Reviews (PPIR) to validate ROI against targets.
  • Serve as secretariat for the Tender Review Committee (TRC) and Capital Expenditure Request Committee (CERC).
  • Collaborate with stakeholders to ensure project delivery remains on track.
  • Involve in the system development and enhancement for Finance Projects

System Administration

  • Maintain and optimize Enterprise Resource Planning (ERP) and Enterprise Performance Management (EPM) systems.
  • Resolve ERP & EPM technical issues and support system users to ensure operational continuity.

Strategic Cost Management & Cost Optimization

  • Monitor initiatives to track realized cost savings and ensure alignment with bankwide profitability targets.
  • Collaborate with business units to execute cost-cutting mandates and optimize expenditures.

AI Initiatives & Digital Transformation

  • Collaborate with IT and business units to evaluate and integrate AI solutions for workflow optimization within the Finance division.

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.

Malayan Flour Mills Berhad

About Malayan Flour Mills Berhad

Established in 1961, Malayan Flour Mills Berhad (MFM) is the pioneer in the flour milling industry in Malaysia. MFM has grown to become the leading flour miller in Malaysia with regional presence in Vietnam and Indonesia. Over the years, we have expanded into poultry integration, aquaculture, and raw material trading. In FY21, the group revenue was RM2.43 billion.

MFM is one of the major poultry integrators in poultry feeds, breeding, farming with a state-of-the-art processing facility across the poultry value chain. Designed to meet the domestic and international markets, the advanced facility will process up to 300,000 birds per day.

With our asset of 3,000 people, we have transformed and grown in Malaysia and regionally. Synergising with our workforce, we embrace Artificial Intelligence, Big Data, Internet of Things (IoT) in our day-to-day business. Through our partnership with Tyson Food, Inc. and Toyota Tsusho Group, we aspire to be a leading global halal food enterprise while achieving sustainable development goals.

Building the workforce of the future…Today. We invite you to be part of our team!

Visit https://www.mfm.com.my/careers/ or apply via the Jobs tab in Linkedin.

Industry
Food & Beverage
Company Size
201-500 employees
Headquarters
Kuala Lumpur, MY
Year Founded
1961
Website
com.my
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