Senior Accounting Manager

4 days ago


Kuala Lumpur, Kuala Lumpur, Malaysia Clarksoutlet Full time

Job Description

This is a highly rewarding role that offers the opportunity to lead the core accounting and controllership activities for SEA-wide regions and Global Overheads. The successful candidate will be responsible for managing a team of accountants and ensuring the production of timely and accurate monthly management reporting.

Responsibilities

  1. Accounting and Reporting
  • Direct the activities of the General accounting function and KL Overheads Shared Service Centre staff as applicable.
  • Ensure the production of timely and accurate monthly management reporting and perform detailed reviews of the monthly reports and supplemental reports.
  • Ensure compliance with IFRS, Clarks Group Accounting & Finance policy and local regulations, including alignment of GL used, revenue and cost timing, and consistency of treatment of store costs and P&L reporting.
  • Support monthly, half year and year-end Group reporting, ensure close deadlines are met.
  • Prepare GST filing where applicable and work with external advisors on the preparation of corporate tax reporting for Malaysia and Singapore entities.
  • Prepare annual statutory financial reporting packs for Malaysia and Singapore entities, including year-end adjustments, and ensure they are correctly recorded in SAP.
  • Take the lead in the annual audit of Malaysia and Singapore entities, manage relationships with auditors and work with financial accounting and inventory teams in the UK to complete within the required deadlines.
  • Support Group audit and respond to queries from group auditors as required.
  • Prepare annual statutory financial statements for the Clarks Malaysia and Clarks Singapore legal entities.
  • Maintain a complete filing system of all financial-related documents.
Revenue and Accounts Receivable
  • Own store sales. Ensure accuracy of sales reconciliation and discrepancies investigation.
  • Concession sales. Perform sales reconciliation between SAP and statement of accounts from department stores, resolve discrepancies and advise Customers Service Administration on correction entries. Ensure concession invoices (TLC) billings are issued promptly.
  • Process DNs from customers and issuance of Billing Requests.
  • Prepare and submit own retail/outlet stores' monthly Gross Turnover to landlords.
Accounts Receivables
  • Store sales are recorded in the correct cost centres and accounting periods.
  • Concession sales recorded in the correct period.
  • Process DNs from customers and billing requests sent to the Billing team on or before the monthly deadline.
Others
  • Establish effective processes to ensure critical financial reporting deadlines are met, and regular interpretation, analysis and presentation of operational data can be carried out timely.
  • Arrangement and coordination of rental, installation and returns of terminals for warehouse sales events and stores.
  • Coordinate the establishment and amendment of local SOPs in connection with safeguarding the Company's assets and resources against waste, fraud, and inefficiency.
  • Undertakes other ad hoc projects and responsibilities assigned.


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