
Financial Analyst
1 day ago
Key Responsibilities:
- Cost Assurance Review and Approval: Conduct thorough assessments of submitted requests to ensure accuracy, completeness, and compliance with financial policies. Verify cost alignment with budget provisions prior to endorsing payment.
- Budget Monitoring and Control: Track and monitor actual costs against approved budgets, identifying overages or misalignments for corrective action. Implement spend discipline across cost centers.
- Cost Analysis and Improvement: Analyze cost items, identify discrepancies, trends, and opportunities for improvement, and implement changes to enhance efficiency and accuracy.
- Project Costing and Pricing: Provide assistance on the costing process for projects and proposals, ensuring relevant data and forecast estimates are provided.
- Accrual Accounting and Inventory Management: Prepare accurate monthly expense accruals, reconcile differences between system records and physical stocks, and investigate cost variances and inventory losses.
- Process Improvement and Collaboration: Collaborate with departments to streamline cost-related processes, drive cost savings initiatives, and implement process improvements to enhance efficiency and accuracy.
- Audit Support and Compliance: Serve as a key point of contact for internal and external audits related to cost assurance, providing necessary documentation and support.
Qualification Requirements:
- Education: Bachelor's degree in Accountancy, Finance, or Business (CPA preferred)
- Experience: 2–4 years of relevant experience in cost assurance, budget monitoring, accounts payable, or inventory control
- Industry Knowledge: Experience in project-based, construction, or service industries is an advantage
- Technical Skills: Familiarity with RFP workflows, inventory audits, and cost monitoring tools is preferred
- Analytical and Problem-Solving Skills: Strong knowledge of budgeting, cost control, and payment processes, along with working understanding of inventory audits and reconciliation techniques
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