Certifyd Employee Relations Financial Manager (CERFM)
The Certifyd Employee Relations Financial Manager (CERFM) prepares employee relations and HR managers to plan, cost, budget and report the money behind the employee relations function, so every activity has a justified budget.
Or start with one core course. It counts toward the CERFM once you finish it.
This certifies that
Nur Aisyah binti Ahmad, CERFM
has completed the certification
Certifyd Employee Relations Financial Manager (CERFM)
CFY-2026-000000
Certifyd Employee Relations Financial Manager (CERFM) is a Certifyd certification for Human Resource Management professionals in Malaysia, aligned to NOSS Level 5 competency units. You earn it by completing 1 core course, 2 days in total, live online, each assessed by an online test and a work document. It starts with a free 10-minute online Readiness Check.
- Duration
- 2 days
- Level
- NOSS Level 5
- Price
- From RM 990.00
Why earn the CERFM?
Disputes, inquiries, negotiations and welfare programmes all cost money, and an employee relations department that cannot show its numbers struggles to win a budget. Sound costing, variance analysis and clear financial reports let you justify spending and show savings.
As a CERFM you can plan employee relations finances, apply costing methods, build a budget proposal, analyse expenses and variances and present a periodic financial performance report.
What will you be able to do as a CERFM?
The Certifyd Employee Relations Financial Manager (CERFM) prepares employee relations and HR managers to plan, cost, budget and report the money behind the employee relations function, so every activity has a justified budget.The Certifyd Employee Relations Financial Manager (CERFM) brings together 1 core courses, 2 days in total, aligned to NOSS Level 5 competency units. You can start with any core course, and each one counts the moment you pass its online test and work document. When every course is credited, you submit the certification assessment and earn the CERFM title.
- Read financial statements and cash flow as they affect the employee relations function
- Plan employee relations financial activities with a clear team, policy and activity plan
- Apply costing, break even and cost behaviour analysis to employee relations decisions
- Build a budget proposal, analyse variances and track cost saving programmes
- Evaluate financial performance and present a periodic financial report
Who is the CERFM for?
Employee relations and industrial relations managers
HR managers who own a department budget
HR business partners who work with finance
- Not sure you are ready? The free readiness check shows where you stand before you pay anything.
Which core courses lead to the CERFM?
Take them in any order, live online. Each one earns its own certificate and transcript.What does the CERFM cover?
Each unit is a national competency standard.
EER Financial ManagementNational competency unit
Employee Relations Budgeting & Cost Management2 days: Plan, cost, budget and report the finances of the employee relations function.
How do you earn the CERFM?
Free Readiness Check first, a verifiable certificate at the end.- Check your readiness, freeTake Employee Relations Financial Readiness Check online. It scores each area and names the core course to take first.
- Finish the core coursesTake 1 core course in any order, live online. Each one is credited the moment you pass its test and work document.
- Pass the certification assessmentSubmit your certification assessment online. An assessor reviews it and a verifier checks the result. If more evidence is needed, you can resubmit.
- Use your titleReceive your certificate with a QR code and use CERFM after your name. Anyone can verify it online.
- Go for the JPK microcredentialJoin the one-day in-person Portfolio Development Workshop to organise your evidence, then apply for Microcredential in EER Financial Management through PPT.
- The final assessment opens once every core course is credited and the certification is bought.
Which JPK microcredentials does the CERFM prepare you for?
Assessed separately through PPT against these units. Certifyd courses help you understand each unit and build the evidence.Microcredential in EER Financial Management
FB-073-5:2012-C02 · Level 5
Prepared by: Employee Relations Budgeting & Cost Management.
EMPLOYEE-EMPLOYER RELATIONS (EER) FINANCIAL MANAGEMENT (FB-073-5:2012-C02)
Work activity 1: Study EER Financial Management concept and requirements.
Performance criteria
- Financial position intrepretation, financial data recognition techniques, financial statement analysis methodology and cash flow management analyzed.
Related knowledge
- Financial position interpretation techniques.
- Financial data recognition techniques.
- Financial statement analysis methodology
- Cash flow management
Work activity 2: Plan EER financial management activities.
Performance criteria
- EER financial management activities objectives and EER Planning team structure and roles determined.
- EER financial planning & policy development carried out.
- EER Planning team meeting conducted and EER financial management activities plan prepared.
Related knowledge
- EER financial management activities objectives.
- EER Planning team structure and roles.
- EER financial management planning & policy development
- EER financial management activities process flow.
- EER Planning team meeting schedule.
- EER financial management activities plan
Work activity 3: Perform EER financial management activities.
Performance criteria
- Accounting data tabulation reviewed.
- Roles of managerial accounting examined.
- Costing concept analyzed.
- Financial managerial decision making process conducted.
- Cost behavior examined, break even and cost sensitivity analysis conducted, cost-volume-profit decision making model analyzed and opportunity cost estimated.
- Marginal costing, Incremental costing and standard costing conducted.
- Revenue and cost projection developed, projected EER activities and schedule outlined and future expenses estimated.
- Financial allocation procedure followed..
- Type of budget and budget objectives determined.
- Budget proposal developed.
- Expenses analysis and variance analysis conducted.
- Expenses justification elaborated.
- Cost saving program achievement status analyzed.
- Financial reporting techniques applied and financial report format followed
- Periodical financial report generated.
Related knowledge
- Accounting data tabulation.
- Roles of managerial accounting.
- Financial managerial decision making process
- Cost behavior
- Break even analysis
- Cost-volume-profit decision making model
- Cost Sensitivity analysis
- Opportunity cost
- Marginal Costing
- Incremental costing
- Standard Costing
- Revenue and cost projection
- Projected EER activities and schedule.
- Future expenses.
- Financial allocation procedure.
- Types of budget (Operating budget and financial budget)
- Budgeting objectives
- Budget proposal.
- Expenses analysis.
- Variance analysis
- Expenses justification
- Cost saving program achievement status.
- Financial reporting techniques.
- Financial report format.
- Periodical financial report.
Work activity 4: Evaluate EER financial management activities.
Performance criteria
- Performance objectives, performance standard and performance Indicator identified.
- Performance evaluation techniques applied performance analyzed, performance gap identified and continuous improvement program developed.
Related knowledge
- Performance evaluation objectives.
- Performance standard
- Performance Indicator
- Performance evaluation techniques.
- Performance gap.
- EER financial management activities evaluation
- Continuous improvement program.
Work activity 5: Present financial performance report.
Performance criteria
- Financial performance report presentation agenda determined, and presentation schedule confirmed.
- Presentation facilities arranged and presentation materials prepared.
- Presentation techniques applied and presentation feedback obtained.
Related knowledge
- Presentation agenda
- Presentation schedule.
- Presentation facilities
- Presentation materials
- Presentation techniques
- Presentation feedback.
Source: FB-073-5:2012 Employee-employer Relations Management. Assessed separately through PPT; Certifyd does not award the microcredential.
Where do you start?
Ten minutes, free, no sign-up.Employee Relations Financial Readiness Check is the free online Readiness Check for this certification. In about 10 minutes it scores each area of the job and names the core course that closes your biggest gap. No sign-up to see your result.
Start with the free readiness check, then one core course. You get a certificate for that course straight away, and it stays credited toward the CERFM whenever you continue.
How much does the CERFM cost?
Live classes by date, then the assessment.Book each core course by date, then pay for the certification assessment that awards your title. No subscription, no hidden fees.
That is 1 core course and a final assessment, 2 days of training in total, ending in a title you keep.
Live class
A MITE trainer on set dates, live online. The Certifyd Trainer programme runs in person.
From RM 990.00
- Duration
- 2 days
Assessment and certificate
Your Certifyd certification assessment and certificate. Core courses are booked by date.
RM 990.00
Which other Human Resource Management certifications are there?
Same track, another title.- Human Resource ManagementCertifyd Compensation & Benefits ManagerCCBM · NOSS Level 5 · 5 daysFrom RM 2,570.00
- Human Resource ManagementCertifyd HR Recruitment ManagerCHRTM · NOSS Level 5 · 3 daysFrom RM 1,580.00
- Human Resource ManagementCertifyd HR Selection ManagerCHSM · NOSS Level 5 · 3 daysFrom RM 1,580.00
- Human Resource ManagementCertifyd HR Hiring & Deployment ManagerCHRDM · NOSS Level 5 · 4 daysFrom RM 1,980.00
- Human Resource ManagementCertifyd HR Separation ManagerCHSP · NOSS Level 5 · 5 daysFrom RM 2,570.00
- Human Resource ManagementCertifyd Social Security AdministratorCSSA · NCS standard · 5 daysFrom RM 2,480.00
- Human Resource ManagementCertifyd Contract Labour ManagerCCLM · NOSS Level 5 · 4 daysFrom RM 1,980.00
- Human Resource ManagementCertifyd Employee Benefits ManagerCEBM · NOSS Level 5 · 4 daysFrom RM 1,980.00
- Human Resource ManagementCertifyd Dispute Resolution ManagerCDRM · NOSS Level 5 · 4 daysFrom RM 1,980.00
- Human Resource ManagementCertifyd Employee Relations Litigation ManagerCERLM · NOSS Level 5 · 2 daysFrom RM 990.00
- Human Resource ManagementCertifyd HR Data AnalystCHRDA · NOSS Level 4 · 5 daysFrom RM 2,570.00
Frequently asked questions.
Short answers to what people ask first.How long does the CERFM take?
The 1 core course add up to 2 days of classes, live online. Each course ends with an online test and a work document.
Is the CERFM aligned to NOSS?
Yes. It is a Certifyd certification aligned to NOSS Level 5 competency units. The certificate is issued by Certifyd by MITE, not by a government body.
Can I take one core course first?
Yes. Each core course is sold on its own with its own certificate, and it counts toward the CERFM when you continue.
Where do the classes run?
Core courses run live online with a MITE trainer, so you can join from anywhere in Malaysia. The optional one-day Portfolio Development Workshop is in person.
How much does it cost?
The current live class prices are shown above. If a price is not published yet, it shows price on request.
Is the CERFM recognised by employers?
The CERFM is a Certifyd certification, aligned to NOSS Level 5 competency units. Each employer decides what it accepts, so the certificate makes checking easy: it names the units behind it, each course comes with a transcript, and any employer can verify it online in seconds.
How are you assessed?
Each core course ends with an online knowledge test (multiple choice) and a performance task: you produce a real work document. When every course is credited, you submit your certification assessment online, an assessor reviews it and a verifier checks the result. There is no oral test.
Can my employer pay for the CERFM?
Yes. When you enrol, choose My employer will sponsor me. We make a private link you send to HR, and they pay by invoice. Teams can ask for a quote on the For companies page.
When do I sit the assessments?
At the end of each core course, then the certification assessment once every course is credited. The live classes run on the dates you choose.
Does the CERFM lead to a JPK microcredential?
It prepares you for one. The JPK microcredential (Penyata Pencapaian) is assessed separately through PPT, recognition of prior achievement, against the same units. Your course certificates and transcripts become portfolio evidence, and the one-day in-person Portfolio Development Workshop helps you organise it. Certifyd does not award the microcredential.
Ready to become a CERFM?
Enrol in the full certification, or take the free readiness check and start with one course.
Or start with one core course. It counts toward the CERFM once you finish it.