Responsibilities
Financial Projections
- Assists
Senior Manager in preparing the annual business plan based on corporate
objectives and budgeting requirements.
- Works
closely with all departments ensuring that the budget amount proposed are
supported with basis of computation and detailed explanations especially
for new initiatives. Reasonable test performed on computation basis,
historical trend and scenarios on criteria changes (ie. impact on
detariff, inflation, market growth and etc).
- Assists
Senior Manager in preparing the forecast and plan presentation slide.
- Monitors
the overall budget allocation by Line of Business and Distribution
Channels to ensure all plans and initiatives are delivered within budget.
- Respond
to requests for ad-hoc reports from Senior Management team on strategic
projects and countermeasures.
- Support
the Head on the allocation plan of intermediary related expenses (IRE) and
management expenses for each distribution channel to optimise corporate
expenses based on the cost-benefits analysis.
Financial Analysis:
- Assists
Senior Manager in preparing the monthly financial related presentation
slides.
- Work
closely with various departments on forecast updates and management
accounts reporting in ensuring the accuracy of reported information.
- Monitors
and tracks the actual business achievement against the approved plan by
Line of Business and Distribution Channels through monthly data review and
statistical findings.
- Support
the Head on the tracking of the intermediary related expenses of the
respective distribution channels.
Market Analysis
- Market
and business circumstances/ environment
- Comparison
on competitors’ performances inclusive of industry statistics,
andcompetitors’ business strategies and initiatives, if available.