# Program Manager (Cost Transformation) at HP

HP is hiring a Program Manager (Cost Transformation). Level rates it Little AI ●○○○; you can [apply on HP](https://jobsbylevel.com/go/3244ab3b-2b3c-4366-909b-4e06a4245cfc?utm_medium=ai-agent).

AI Level 1, AI centrality 0 out of 100. Batu Kawan, Pulau Pinang (Penang), Malaysia.

## Details

- Company: [HP](https://jobsbylevel.com/companies/hp)
- AI level: AI Level 1 (score 0 out of 100)
- Location: Batu Kawan, Pulau Pinang (Penang), Malaysia
- Posted: October 30, 2026
- Apply: https://jobsbylevel.com/go/3244ab3b-2b3c-4366-909b-4e06a4245cfc?utm_medium=ai-agent
- Free CV review for this job: https://jobsbylevel.com/cv-review?job=program-manager-cost-transformation-at-hp-da38e5

## Prepare for this job

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## Description

Program Manager (Cost Transformation) Description - Job Summary This role is responsible for leading and providing expertise to project teams, participating in cross-functional initiatives, and guiding process improvements and policy establishment. The role collaborates with business leaders to influence strategic decision-making and conducts complex financial analysis to achieve objectives effectively. The role also represents the business unit and the organization as needed, builds productive relationships, and mentors lower-level employees. Responsibilities • Leads site capital investment planning and financial governance, including CAPEX budgeting, forecasting, prioritization, utilization tracking, and investment performance management to ensure effective deployment of capital and alignment with business priorities. • Owns site capital cash flow planning and forecasting, providing visibility to capital spending commitments, cash requirements, spending risks, and opportunities while driving forecast accuracy and disciplined capital execution. • Manages depreciation planning and forecasting associated with the site’s asset base and capital investment portfolio, evaluating the financial impact of new investments, asset capitalization, useful life assumptions, and investment timing on the site’s cost structure. • Leads financial governance for cost transformation initiatives, partnering with business and functional leaders to identify, validate, prioritize, and track structural cost-reduction opportunities and productivity improvements. • Develops robust financial business cases for capital investments and transformation initiatives using financial evaluation methodologies such as Return on Investment (ROI), Net Present Value (NPV), Internal Rate of Return (IRR), payback period, and sensitivity/scenario analysis. • Leads and/or provides expertise to functional project teams and participates in cross-functional initiatives. • Acts as an expert providing direction and guidance to process improvements and establishing policies. • Collaborates with business leaders to guide and influence strategic decision-making within a broad scope. • Performs complex and occasionally highly complex financial analysis for a financial function or business, utilizing strong business understanding to achieve objectives effectively. • Leads and drives business initiatives, overseeing analysts across multiple sub-functions within finance. • Forecasts financial results within a broad scope and identifies opportunities for process improvement and policy development, actively engaging in their design and implementation. • Represents the business unit during cross-regional or cross-functional planning processes. • Represents the organization to external customers and clients. • Applies advanced subject matter knowledge, leads, and contributes to complex projects, and exercises independent judgment in resolving business issues and establishing policies. • Develops and builds productive internal/external working relationships and provides mentoring and guidance to lower-level employees. Education & Experience Recommended • Four-year or Graduate Degree in Business Administration, Economics, Finance, or any other related discipline or commensurate work experience or demonstrated competence. • Typically has 7-10 years of work experience, preferably in financial management, internal audit, accounting, or a related field. Preferred Certifications • Certified Public Accountant (CPA) • Certified Financial Analyst (CFA) Knowledge & Skills • Accounting • Auditing • Automation • Corporate Finance • Data Analysis • Economics • Finance • Financial Analysis • Financial Modeling • Financial Planning • Financial Services • Financial Statements • Generally Accepted Accounting Principles • Internal Controls • Investments • Key Performance Indicators (KPIs) • Process Improvement • Profit And Loss (P&L) Management • SAP Applications • Variance Analysis Cross-Org Skills •

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