Summary
Overview
Work History
Education
Skills
Software
Timeline
Generic

Ramlee Paneda

Cost Controller
Kuala Lumpur,14

Summary

Dynamic Cost Controller with a proven track record at TechnipFMC, excelling in cost analysis and financial forecasting by delivering constantly 30-45% GM on every project. Enhanced cash flow management and implemented internal controls, achieving significant cost reductions. Adept at fostering collaboration across departments, driving process improvements, and mentoring junior staff to elevate financial performance and operational efficiency.

Experienced with budget analysis, cost control, and financial reporting. Utilizes data-driven insights to manage expenses and optimize resource allocation. Track record of maintaining financial accuracy and supporting project success through meticulous cost monitoring.

Overview

13
13
years of professional experience

Work History

Cost Controller

TechnipFMC
01.2014 - Current
  • Enhanced communication between finance and operational teams, fostering a collaborative approach to cost control efforts.
  • Improved cash flow management by closely tracking accounts payable/receivable activities and facilitating timely paymentscollections.
  • Monitored inventory levels, implementing controls to minimize stock discrepancies while maintaining adequate supplies for business operations.
  • Collaborated with various departments to identify opportunities for cost reduction and process improvement.
  • Prepared monthly financial reports, highlighting key variances between actuals versus budgets or forecasts to assist in corrective actions where necessary.
  • Supported project teams by providing valuable financial insights and recommendations for improved performance.
  • Managed financial data with precision to ensure accurate reporting and informed decision making.
  • Conducted regular budget reviews, ensuring optimal allocation of resources throughout project lifecycle.
  • Mentored junior team members on best practices in cost control procedures and techniques.
  • Analyzed cost trends, leading to timely identification of potential issues and proactive solutions.
  • Implemented cost control systems, resulting in better project management and resource utilization.
  • Reduced project costs by streamlining processes and implementing cost-saving measures.
  • Provided expert assistance during internal/external audits related to project costing matters.
  • Reviewed contracts financially impacting company and counseled executive leaders on impact contracts would have on company operations.
  • Completed year-end close processes through effective supervision financial functions and regular treasury transactions.
  • Completed journal entries, reconciliations, and account analysis to prepare quarterly financial documents and general account management.
  • Increased flow of financial information throughout company by improving communication strategies.

Cost Controller

Aker Solutions Inc
09.2012 - 12.2013
  • Ensured compliance with company policies and regulatory requirements through diligent monitoring of expenses and budgets.
  • Assisted in the development of annual budgets based on historical spend analysis, projected needs, and strategic goals.
  • Prepared balance sheets, cash flow reports and income statements.
  • Accurately completed financial statement audits and thoroughly reviewed results.
  • Mitigated risk by implementing internal controls and safeguards for revenues and expenditures.
  • Used [Software] and [Software] to prepare external audit documentation and financial reports to assist management in operational planning and key decision making.
  • Monitored inventory levels, implementing controls to minimize stock discrepancies while maintaining adequate supplies for business operations.
  • Collaborated with various departments to identify opportunities for cost reduction and process improvement.
  • Conducted regular budget reviews, ensuring optimal allocation of resources throughout project lifecycle.
  • Implemented cost control systems, resulting in better project management and resource utilization.
  • Reduced project costs by streamlining processes and implementing cost-saving measures.

Education

Bachelor of Accounting - Accounting And International Business

Flinders University
Adelaide Australia
04.2001 -

Skills

Cost benchmarking

Internal controls development

Procurement management

Cost analysis

Infrastructure costs monitoring

Financial forecasting

Variance analysis

Cost estimating

Financial strategy management

Month-end and year-end closings

Risk management

Account reconciliation

Corporate finance

Cost accounting

Budget preparation

Financial statements expertise

Financial controls implementation

Financial reporting

Software

SAP

AX400

Timeline

Cost Controller

TechnipFMC
01.2014 - Current

Cost Controller

Aker Solutions Inc
09.2012 - 12.2013

Bachelor of Accounting - Accounting And International Business

Flinders University
04.2001 -

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Ramlee PanedaCost Controller