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Reporting to: Financial Planning & Analysis Lead 

Duty Post: Kuala Lumpur, Malaysia

Application Duration: This job posting will remain open until the vacancy is filled

Type of Role: Local/Permanent

FP&A - BUSINESS PLANNING MANAGER

Manage and control Marketing/OPEX budget for Malaysia market. This is achieved through involvement in developing the budget with budget owners, constant monitoring/analysis and reporting of the actual spending. 

The incumbent supports the FP&A Lead/FP&A Manager in ensuring quality reporting and analysis as well as an efficient financial planning process for the Malaysia market and entities. He/She is also the key person to manage the business and financial planning modelling tool, Cognos TM1.                                                                                

As the FP&A Business Planning Manager in the area of Finance Department, you will: 

Manage marketing investment budget/operating expenses and allowances for all functions to ensure spending is within budget and under control:
(1) Ensure timely reporting and analytical review are provided to all departments/market
(2) Liaising with department heads on any possible deviation from budget and support the development of corrective measure
(3) Guide budget owner on any technical and financial support required by other departments/markets on issue related to marketing and operating expenses.

To manage preparation of forecast (PMM/LE) & Annual and Strategic Plan (A&SP) for the business:
(1) Ensuring completion of the plan process in a timely and accurate manner with proper resource planning and scheduling of work
(2) Ensuring complete, systematic and timely distribution of financial information for the plan via effective communications with all parties involved in the planning process 
(3) Providing sound financial analysis support and recommendations to all parties involved
(4) Preparation of relevant plan presentation requirement

Coordinate monthly phasing of Marketing spending from budget owners during planning cycle - OL/LE to ensure that Marketing spending is planned according to various Marketing initiatives. Analyze actual spending and explain deviations vs different planning cycle - LE/ASP. Review and monitor the actual spending to ensure it is within budget limit (AP/LE) and comply to JTI Operating guidelines. Actively communicate and pre-empt the budget owners on total marketing investment vs plan.

Ensure that internal and external market Financial Planning & Reporting to Regional FP&A, and HQ/Global finance requirements are met:
(1) Initiating and co-coordinating the markets financials to Regional FP&A, and HQ/Global finance to ensure critical inputs and requirements are met 
(2) Proper resource planning and scheduling of work to ensure all reporting requirements are met in a timely manner 
(3) Review financial reports input and variance analysis commented by Regional/Global FP&A to ensure it is presented accurately and in an orderly manner.

Leads support for the evaluation, development, and implementation of multiple finance initiatives that have a financial or operational impact to the business unit or Company:
(1) Organize, plan and execute projects within designated timelines.
(2) Participates and contributes to cross-functional project to address strategic/Operation issues.
(3) Communicate effectively and influence others to move toward the common vision or goal.
(4) Provide Analysis and assess trends in key risks issues, determine underlying root causes, assess business implications, and identify potential solutions.

Requirements: 

Recognized university degree preferably in accounting and/or finance, CPA, ACCA, CIMA. With MBA is a plus advantage.

At least 5 years working experience in a large multinational company in a similar function with significant experience in Financial Modelling and Analytical Skills. 

Proficient in English & Bahasa Malaysia.

Advance MS Excel, SAP -CO, IBM Cognos TM1.  

Maintain high standards despite pressing deadlines

Good communication skills; provides support to other team members.

Are you ready to join us? Build your success story at JTI. Apply now!

Next Steps:

After applying, if selected, please anticipate the following within 1-3 weeks of the job posting closure: Phone screening with TA > Assessment tests > Interviews > Offer. Each step is eliminatory and may vary by role type.

At JTI, we strive to create a diverse and inclusive work environment. As an equal-opportunity employer, we welcome applicants from all backgrounds. We are committed to providing reasonable adjustments to applicants with special needs. If you require any accommodations, please let the Talent Advisor know during the selection process.