Supply Chain Finance Assistant Manager

Supply Chain Finance Assistant Manager

Requisition ID: 8229

Job Summary

This position is responsible for overseeing the financial aspects of the supply chain operations, ensuring that financial objectives are met while driving efficiency and cost-effectiveness. The role supports in financial planning, analysis, reporting, providing financial insights, and guidance to optimize decision-making, enhance efficiency, and achieve financial targets.

The main stakeholders for this position are mainly the Finance & Accounting team and Supply Chain team; the position also plays a critical role as business partnering between the Finance function and Supply Chain Function.

Job Responsibilities

Reporting & Budgeting
• Responsible for preparing monthly result performance reporting.
• Report on COGS cost tracker by tracking the various components that contribute to COGS, ensuring accurate financial reporting and better cost control.
• Review and update productivity savings tracking file and portal; provide analysis on the project status and results.
• Responsible for monthly forecast of latest estimation (RR) and yearly budget (AOP) exercise for COGS & SC OPEX.
• Estimate and compute product costing during the budgeting period to analyze the impact of COGS.

OEM & Supply Chain Operations Management
• Review cost and performance of multiple OEMs covering the distribution for 5 markets in Cluster Asia. Analyze variances and provide recommendations for improvement.
• Monitor and manage supply chain costs, including procurement, SC operations, inventory, and logistics. Identify cost-saving opportunities and implement effective cost control measures.
• Verify & manage SC related costs - Purchase Price Variance (PPV), OEM variance, inventory aging, logistic cost, etc.
• Support procurement in commodity material price tracking and periodically review its cost impact to Business.
• Collaborate with SC team to drive productivity savings by providing the analytical, strategic, and financial support needed to optimize supply chain operations.

Inventory Management
• Maintain the material master costing for new SKU.
• Review the material master during the yearly budgeting process or during mid-year CE process and roll out for proper approval.
• Maintain and review the Intercompany Pricing and route for approval before sharing to Intercompany / Export markets.
• Involve in the stock count, review count variance, and ensure matching of count variance against system posting.
• Review inventory aging and health periodically to ensure no bad stocks.

3PL Warehousing & Logistic Management
• Monitor logistic cost accrual vs actual to ensure they remain within budget and deliver expected value. This includes tracking cost by activity base like inbound, outbound, handling, warehouse rental, etc.
• Collaborate with Logistic team to identify and implement cost-saving initiatives, such as reducing transportation costs through route optimization or improving warehouse efficiency through better layout design.

Internal Control
• Ensure that internal control is in place for each business process.
• Implement internal control improvements that are recommended by Internal and/or External Auditor.

Others
• Create the asset requisition number (INPEC) based on budgeted CAPEX when manufacturing requires a new asset investment.
• Handle internal & external auditor requests.
• Conduct cost simulations for products or scenarios requested by stakeholders such as Supply Chain & Commercial teams.
• Provide cost simulation for New Product Development (NPD).
• Any other assigned project as required.

Your Team

Line manager: Head of Supply Chain Finance, Cluster Asia
Role: Individual contributor

Skills and Experience

General Skills/Attributes:
• Strategic thinking, initiative, innovative approach, leadership, enthusiasm, tenacity, effective communication, and interpersonal skills.

Must Have:
Technical/Work-based Skills:
• Good knowledge of FMCG, especially in the beverage industry.
• Good understanding of financial statement analysis and reporting.
• Understanding of Business Processes.
• Proficient in Microsoft Office.

Good to have:
• Proficiency in ERP systems (e.g., SAP, Oracle).
• Strong Excel and data visualization tools (e.g., Power BI) skills.
• FMCG background, preferably in OEM or Factory Manufacturing.
• Understanding of financial statement analysis.
• Good understanding of supply chain processes.

Experience:
• Business analysis or relevant role, with at least 4 years of working experience in the FMCG industry.