Finance Officer, RTR
Abbott
Date: 3 weeks ago
City: Petaling Jaya
Contract type: Full time
MAIN PURPOSE OF ROLE
The Finance Officer, 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:
The Finance Officer, 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:
- In-depth understanding of the objective of all tasks performed and proactively challenge the status quo resulting in fact based recommendations
- As the subject matter expert for audit and tax, deliver guidance, insight, and technical expertise relating to audit and tax submissions.
- Interact proactively with divisions and respective functions to ensure accounting, financial reporting, audit and tax reporting are accomplished within designated timeline
- Timely respond to internal and external inquiries
- Active discussion and best practice sharing with team members
- Developed excel files/macros to simplify work process
- Participate in training and professional development activities to continue to develop Finance capabilities and professional expertise.
- Robust review of task performed by 3rd party outsource service provider staff
- Manage annual financial statement submission process and tax schedules preparation
- In charge of statistics submission to government authorities
- RTR accounting task include but not limited to the below:
- 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
- dentify 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
- Identify process improvements to eliminate “waste” in current process and to create capacity for value-added activities.
- Properly utilize the standard chart of accounts, sustaining the agreed data definitions and usage
- Contribute and participate in overall team initiatives, projects, and activities
- 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.
- Ability to prioritize and manage multiple regional projects simultaneously, while adhering to deadlines.
- Demonstrates a strong customer centric approach and excellent communications skills.
- Bachelor’s Degree in Accounting/Finance, Chartered Accountant preferable 1 to 2 years of accounting experience with experience in audit firm. Audit experience of auditing multinational company is preferred.
- Experience in supervising peer/staff an advantage
- Demonstrated capability to understand accounting outcomes and explain accounting treatment like the new lease standard
- 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 required. Other language skills desired
- 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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