Associate RTR

Abbott Laboratories


Date: 2 weeks ago
City: Petaling Jaya
Contract type: Full time

The Associate, RTR will support divisions, legal entities and countries as assigned to gain, over time, a deep understanding of the various business divisions, and the unique attributes of the legal entity, regulatory, and in-country requirements associated with the region.

Main Responsibilities

Service Delivery

  • Assist in External/Internal Audit, preparing Financial Statement and Tax schedules

  • Communicate proactively with Divisions and respective functions to ensure smooth month end/year end closing

  • Ensure compliance with Abbott accounting policies and regulatory requirements

  • Contribute and participate in overall team initiatives, projects, and activities

  • Monthly/Year end closing tasks (e.g., Journal posting, Accruals, Balance Sheet reconciliation/prepare commentaries, Product Costing, Intercompany related, FA matters and etc)

  • Update SOPs as and when is required Back-up other team member as and when required

Manage day-to-day activities

  • Monthly closing tasks (i.e. inventory provision review, GL vs sub-ledger tie-in, analytical review of P&L and BS movement, balance sheet recon review)

  • Annual closing tasks

  • Ensure business transactions are accurately recorded for any new business initiatives or changes in business processes

  • Monitor and correct complex data and information errors

  • Identify and resolve exceptions on inventory transactions resulting in out-of-balance

  • Address and eliminate data integrity and quality issues over time

  • Update SOPs and Work Instructions

Compliance

  • Ensure all processes, policies and procedures are clearly defined and fully documented

  • Ensure compliance with Abbott accounting policies and regulatory requirements

  • Sustain minimum effective controls in compliance with SOX, GAAP, IFRS and any other accounting pronouncements and policies required.

  • Read, understand, and execute on the policies and standards communicated by the GPMs and the corporate controller.

Experience/Background

  • Bachelor’s Degree in Accounting/Finance, Chartered Accountant preferable

  • Intermediate Excel skills, good with managing large volume of data

  • Agile with working with various enterprise systems (e.g. JDE, BPCS, SAP), willing to work with manual processes and strive for process improvements

  • English & Mandarin required.

  • Energetic and innovative with a passion to make things happen

  • Strong analytical and problem-solving skills (passion for data and accuracy)

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