Assistant Manager, Budgeting & Forecasting  

 Manager, Budgeting & Forecasting

This position is accountable for managing the integrity and control of the Malaysia Aviation Group (MAG)’s capital and operating expenditure planning cycles. The Assistant Manager will strategically review, validate, and scrutinize the annual project (CAPEX) and operating (OPEX) budget submissions across the organization. Furthermore, the role involves leading and overseeing the daily operational processes for budget control, ensuring strict adherence to internal policies, effective resource allocation, and maintaining financial discipline across all major investments and departmental expenditures.

• Spearhead the comprehensive monthly review and monitoring of project budget expenditure status against actual performance reports.
• Identify, categorize, and analyze both controllable and non-controllable variances, pinpointing critical areas of financial risk and operational concern for immediate action by management.
• Act as the primary financial liaison and lead communicator with various Business Partners, proactively managing requests and requirements for budget transfers, reallocations, and adjustments necessary to sustain project momentum and control costs.
• Lead collaborative engagement and dialogue with Business Partners to jointly identify, formulate, and champion definitive actions aimed at closing budget variances and enhancing the overall financial performance of projects and key operational areas.
• Proactively facilitate the necessary budget transfers required to effectively govern both project, CAPEX, and OPEX spending.
• Ensure stringent compliance with corporate budget control policies concerning accounting treatments, accurate cost allocation, and timely report processing, thereby upholding the integrity and reliability of all financial data.
• Serve as a key financial advisor to Business Units (BUs) on all matters related to strategic project budget planning, Cost-Benefit Analysis (CBA) preparation, and the official submission of funding applications, ensuring feasibility and alignment with corporate financial standards.

• Bachelor’s Degree in Accounting/ Finance and/ or professional qualification.
• ACCA, ICAEW, CPA, MIA, etc.
• At least 4-5 years of working experience in Accounting and / or Finance

Sound knowledge of planning and analytical skills with strong understanding of accounting principles & practices and internal policies.

Proactive team player and independent