Financial Planning & Analysis Manager (Commercial)

Position Summary

The FP&A Manager (Commercial) is responsible for supporting Vinda’s Senior Management team with analysis and materials for decision-making related to Vinda’s business. This role also involves enhancing the Group’s business control processes

Working Location: Vinda SEA HQ (Bandar Bukit Raja, Klang, next to Setia Alam)

You will play an essential role to:

1) Monthly Reporting and Analysis of Performance

• Prepare monthly management report and review with the management.
• Review with commercial team on actual performance compared to Budget results. Highlight major deviations against Budget. Update of performance against KPIs where relevant.
• Monthly Review of Profitability - Perform monthly review of profitability on Customer Channel, SKU etc.
• Monthly Review of Sales and Marketing on actual and estimate spends and compare to BP/forecast.
• Continue Improvement - Identify and continually seek improvements areas for better profitability.

2) Sales Rebate, Customer Pricing, Marketing Spend

• Ensure good internal control and continuous improvement on sales rebate, pricing and marketing spend process.
• Monthly review of sales rebate with the sales managers.

3) Budgeting and Long Range Plan (LRP)

• Prepare market budget/ LRP for submission to Group Reporting, ensuring accuracy and alignment with company-wide financial goals
• Roll down the approved commercial budget /LRP to relevant departments, ensuring proper allocation of resources
• Analyze and communicate any budget / LRP deviations to key stakeholders, providing insights into the reasons behind discrepancies and recommending corrective actions where necessary

4) Business Partnering with Commercial Business Units

• Finance Analysis - Support the calculation of feasibility study on Commercial initiatives; includes Marketing and Sales promotion activities, Pricing Review, New products/Product Upgrade, transportation model (effects on logistic cost) etc.
• Financial Measurement - Support with commercial team on post-event evaluation. Identify and continually seek improvements in business processes to maximize promotion efficiency and increase profitability.
• Support in-depth analysis to drive business revenue and profitability

5) Others

• Cost reduction - Assist and advise commercial team to seek cost reduction through financial analysis, contract review etc.
• Financial education - Periodic financial education to the commercial team.
• Any other business support with commercial project management, cross functional.
• Capex evaluation - Support project team in capex investment analysis.

To be successful in this role, you will need to have:

• Degree in Accounting/Finance or any relevant discipline
• At least 5 - 7 years working experience in FMCG, MNC or any similar industries
• Independent Decision-Making: Ability to handle high-pressure situations and make critical decisions autonomously
• Excel Proficiency: Proficient in Excel for financial modeling and data analysis, with experience in data analytics tools for financial insights
• Attention to Detail: Strong focus on accuracy in financial reporting and analysis
• Business partnering experience is preferred
• Experience in Oracle/SAP systems are preferred
• Experience of working with multi-cultural teams across APAC
• Professional certification in ACCA / CIMA / ICAEW / CPA