Business Control Executive

Role Purpose

The Business Control Executive supports the Business Controller in accounting, reporting, forecasting, credit control and financial analysis. The role ensures compliance with financial policies and internal controls while providing timely financial information and recommendations to support business performance and growth.

Key Responsibilities

1. Accounting & Financial Control

• Prepare monthly journals and reconcile key Balance Sheet accounts.
• Ensure compliance with accounting policies, procedures and internal controls.
• Review and monitor financial transactions to ensure accuracy and proper accounting practices.
• Liaise with Accounts, Internal Control and other stakeholders on accounting matters.

2. S&A Reporting & Analysis

• Prepare monthly Selling & Administrative (S&A) reports for management.
• Monitor S&A expenses against budget and forecast.
• Perform variance analysis and highlight key risks and opportunities.
• Recommend action plans to improve cost control and financial performance.

3. Budget & Forecasting

• Support the annual budget and periodic forecast processes.
• Prepare, review and analyse management and operational KPI reports.
• Develop and monitor S&A forecasts against targets and budgets.
• Provide financial analysis and recommendations to support business decisions.

4. Credit Control & Overdue Management

• Conduct credit assessments for new and existing customers.
• Analyse financial information and recommend appropriate credit terms and limits.
• Monitor overdue accounts and identify potential delinquency.
• Recommend action plans to minimise credit and business risks and improve cash flow.

5. Audit & Compliance

• Coordinate with internal and external auditors and respond to audit queries.
• Summarise audit findings and coordinate follow-up actions with relevant stakeholders.
• Ensure financial activities comply with company policies, procedures and internal control requirements.

6. Systems & Operational Support

• Lead financial system implementation and interface projects.
• Support operational teams with finance-related administrative matters, including COE bidding and insurance.
• Review employee overtime/transport claims and monitor mobile phone expenses for anomalies.
• Oversee selected administrative activities such as stationery, pantry supplies and staff welfare initiatives.

7. Business & Stakeholder Support

• Work closely with Business Control, Accounts, Operations, Dealership, Market Company, Shared Services and other internal stakeholders.
• Maintain effective communication with customers and relevant external parties.
• Support the Business Controller on ad-hoc financial and