Cost Management Analyst
Job Description
Analyst, Cost Management
The Cost Management Analyst is responsible for monitoring, analyzing, and managing institutional
costs to ensure financial efficiency, compliance with regulatory requirements, and alignment with
organizational policies.
- Act as the focal point for all cost-related matters within FN
- Responsible for the daily monitoring, tracking and periodic deliverables of the cost
management section.
- Hold regular meetings with the Head of section and finance controlling manager to keep
team informed about the progress on the cost management activities.
- Prepare annual financial cost management plan and model.
- Develop procedure for cost management function
- Contribute and coordinate to develop guidelines for cost planning and modelling.
- Develop seamless process from financial planning to annual cost budget and lead the
preparation of Group consolidate budget / parent / subsidiary Cost Budget.
- Develop a holistic view of historical and forward-looking cost and inventories balances.
- Coordinate across budgeting, forecasting, and reporting activities and provide consistency
review and quality check of the budget contain and reporting.
- Drive cross-functional alignment on cost objectives, assumptions, and performance
expectations across FN stakeholders
- Provide financial planning, budgeting, and cost reporting to the Management Team (via
the financial reporting and budget/forecasting sections) and other stakeholders.
- Support strategic decision-making through adhoc cost analysis and report as required
- Interact with other departments / sections in obtaining the necessary inputs for the cost
budget preparation.
- Provide monthly cost analysis against budget, gap to potential and prepare monthly cost
reporting
- Provide and perform inventories trends analysis and monthly KPI's
- Conduct monthly cost and inventories review meetings with key internal stakeholders and
managers to challenge variances and provide gap analysis.
- Drive and monitor cash preservation exercise
- Coordinate internal and external benchmark exercise to identify cost management
opportunities and gap to potential.
Qualifications:
Bachelor's degree in relevant discipline.
3–5 years of relevant professional experience (Fertilizer industry is preferred).
Minimum of 5 years' experience working with SAP S4/Hana software .
Highly skilled in excel software and Powerpoint
Good skills in the power BI tool
Good communication and presentation skills
Fluent in English Speaking, Reading & Writing.
MS Office Application.