Job Description

• Support the Controlling department in Region Asia in meeting its key objectives including:
• Overseeing the financial health of the Region by managing budgets and ensuring performance in accordance with predetermined standards
• Help shape strategy and business decisions by providing management with fact-based business analysis
• Measure and improve operational efficiency and effectiveness
• Evolve into becoming a business partner to the organization

Organisation & Reporting:

• At least 1 direct report: Specialist(s) and/or Senior Coordinator(s): Budgeting and Forecasting, Monthly Result Closing, Analysis and Reporting

Scope Parties Involvement:

Internal Parties

Impact From:

• Executive Board: To understand business impact of Company strategy
• Senior Management in Region / Areas / QSCs: To understand business impact of tactical decisions made in the Region
• Procurement / Operations: To translate impact of vendor negotiations into budgets and forecasts
• Steering / Operations: To translate operational drivers causing deviation between actual performance and plans
• Sales: To translate commercial drivers causing deviation between actual performance and plans

Impact To:

• Senior management: Support by developing and tracking performance metrics to support business steering and associated decision making
• HQ Controlling: Deliver budgets, forecasts, monthly results and ad-hoc analyses
• HQ Accounting: Support with commentary and analysis related to financial closing of Group accounts

External Parties

Impact From:

• Customers: Reconciliation of volume incentives on revenue activities
• Vendors: Reconciliation of volume incentives on cost activities

Impact To:

• Limited external stakeholder interaction

Area of Responsibilities:

• Financial Planning
  - Support annual budgeting, quarterly forecasting and monthly trend process
  - Engage with Operations to accurately translate, capture, challenge assumptions (procurement/strategic/structural)
• Monthly closing
  - Calculate accruals for cost / cost reduction items
  - Monitor accrual balances by periodically reviewing late postings • Analysis and management reporting
  - Analyze and explain deviations between actuals and plans
  - Act as a business partner to all departments in the Region
  - Prepare management reports (REM, MPC, Area visits, etc.)
  - Participate in company-wide cross-functional projects (e.g., cost saving projects, M&A integration, new systems/processes, etc.)
  - Support on queries from Controlling / Accounting in HQ
• Performance tracking
  - Support in development and tracking of KPIs and cost saving measures (e.g., PFP, CCM, etc.)
  - Analyze financial data to identify trends, opportunities for improvement, and risks
• Process optimization
  - Assess operational processes and offer recommendations for improvement and/or implementing new processes
• Team management
  - Guide team members and promote team morale

Percent of Time

• 25% Financial Planning
• 25% Monthly closing
• 20% Analysis and management reporting
• 10% Performance tracking
• 10% Process optimization
• 10% Team management

Measurement Criteria

Quantitative

• Financial Performance: Revenue growth, operating margins, return on investment.
• Planning adherence: Alignment of actual financial performance with plans
• Accrual accuracy: Ensure high accuracy

Qualitative

• Compliance: Compliance with Company policies, guidelines and standard processes
• Leadership: Effectiveness in leading and developing the team

• Bachelor's degree in finance/accounting/business administration
• Minimum 6-8 years relevant experience, preferably in financial analysis and planning
• Experience in managing teams (preferred)
• MS Office
• SAP knowledge (preferred)
• Business Intelligence tools (preferred)