Involvein monthly OPEX closing, reporting and preparation of relevant presentationslides for management meeting.
Investigateand analyze monthly OPEX movement including variance analysis (MoM, YoY, vs budget / forecast)and highlight significant variances / abnormal trend via regular reporting.
Workingwith business and other divisions in developing SOP and strategic cost savingsinitiatives and perform validation, tracking, reporting on actual achievement.
Performcost allocation (actual / budget / forecast) and shared service costs computationand reporting.
Performevaluation, assessment, policy compliance check, commentary on CapitalExpenditure Request (CER) from all divisions and seek management approval onbehalf of requestor and provide guidance and supervision to CAPEX & OPEXrequestors from all divisions with policy governance.
Tracking of CER processTurn-Around Time (TAT) via automation tool to ensure the bank initiative aresupported and reported in management meeting via regular CER related reporting.
Performtracking on all approved CER above RM400K spending via Post Implementation Review(PIR) monthly reporting. These includes validating actual results againsttargets and summary of PIR status and updated management direction to improve return / benefitof investment.
Performevaluation, assessment, policy compliance check, commentary on ExpenditureApproval Request (EAR) from non-business divisions.
Tracking of EAR process TATand prepare necessary management reporting on EAR.
Continueto improve overall CER and EAR processes to reduce turnaround time includingautomation by system and regular review of related policies and procedures.
Executequarterly forecast exercise by validating and finalizing business submission.
Executeannual business budgeting (CAPEX & OPEX) including templates preparation,budget assumption, consolidation and validation of budget submission from respectivedivisions.
Perform simulation and recommendation for management budget approval.
Handlemanagement fee recharges calculation and accrual. Process actual billingreceived.
Managebranch code and code centre code creation.
Actas the alternate person in managing Tender Review Committee secretariat.
Any other ad-hoc assignments relating to costmanagement.