Technical Accounting Specialist
MCC Label
Date: 3 weeks ago
City: Petaling Jaya
Contract type: Full time
Description
Build your Career with an Industry Leader at our Shared Services Centre in Malaysia.
As a global leader in premium label solutions, our purpose is to deliver the world's best label solutions that help our customers build their brands, while adding value to our employees, our shareholders, and the communities in which we operate.
If you share our vision and believe that you could contribute to the success of our company, we look forward to hearing from you!
Job Highlights
Fixed Asset Accounting
Build your Career with an Industry Leader at our Shared Services Centre in Malaysia.
As a global leader in premium label solutions, our purpose is to deliver the world's best label solutions that help our customers build their brands, while adding value to our employees, our shareholders, and the communities in which we operate.
If you share our vision and believe that you could contribute to the success of our company, we look forward to hearing from you!
Job Highlights
- Hybrid Working Arrangement
- Conducive Working Environment
- Learning & Development
Fixed Asset Accounting
- Ensure compliance with US GAAP and in-country statutory requirements for fixed asset maintenance and processing.
- Develop familiarity with company accounting policies and all relevant GAAP, accounting standards, and tax laws/regulations.
- Assist with the migration of fixed asset accounting tasks from local business units to the shared service center as needed.
- Record fixed asset movements in the accounting system promptly, adhering to service level agreements.
- Maintain authorized Approval for Expenditure (AFE) for all capital expenditures (CAPEX).
- Ensure all supporting documentation for fixed asset movements is complete, properly maintained, and accurately filed.
- Ensure timely completion of US GAAP and local statutory depreciation processes in accordance with service level agreements.
- Collaborate with the Local Controller to ensure timely closure of fixed assets accounts, supporting the financial close process.
- Prepare month-end journals in accordance with company accounting policies, ensuring compliance with local and US accounting standards and principles.
- Ensure timely, accurate, and complete updates in the monthly Hyperion roll forward data form to support corporate monthly analysis.
- Monitor, review and collaborate with the Local Controller on Assets Under Construction accounts to ensure timely resolution of outstanding item.
- Prepare comprehensive quarterly US GAAP fixed asset reconciliations between Hyperion balances and Fixed Asset Summary Reports.
- Support the audit process by managing expectations, providing schedules and delivering documentation in a timely manner.
- Contribute to the development and implementation of process improvement in the Fixed Asset function in the Company.
- Leverage on use of technology and implement cost-neutral process enhancements.
- Stay updated on accounting standards, regulations, and compliance requirements to ensure the Company's financial practices align with industry standards and legal obligations.
- Promote a strong service ethos to support delivery to agreed Service Level Agreements.
- Act as the focal point to ensure effective communication and resolution of operational related issues and decisions.
- Build long-term relationships with Company’s internal stakeholders and leadership team.
- Work closely with other operation functions to ensure seamless coordination of financial activities.
- Perform any other duties as assigned by the Team Manager and/or Team Lead.
- Degree in Accounting/Finance, Business Administration or equivalent with professional qualifications (ACCA/CPA/MIA), fresh graduates are encouraged to apply.
- Fluent in both spoken and written English.
- Independent, strong interpersonal and communication skills.
- Strong analytical and problem-solving skills to identify the root cause of issues and implement corrective actions.
- Able to multi-task, pay attention to details, thrives in fast-paced environments.
- Candidate who has Shared Services Centre (SSC) experience is an added advantage.
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