General Ledger Lead

2 weeks ago


Kota Damansara, Malaysia Agensi Pekerjaan Career Channel Sdn Bhd Full time

Overall Purpose: Responsible for the management of Record to Report process and General Ledger (GL) team.

GL Specialists
- Promote standardization and eliminate duplication of work in GL processing.
- Supervise GL team and manage GL team competencies.

Inventories Process
- Ensure verification of inventories subledger - existence, classification and valuation method.
- Ensure stock count adjustments are challenged and analyse and report root cause.
- Advise local business units of inventories reserves and analyse and report root cause.

Month-end Close
- Work with local business unit Controller to ensure subledgers are closed off in timely manner to assist the financial close timeline.
- Ensure conformance to cut-off procedures for purchase and revenue recognition.
- Ensure month-end journals are prepared in accordance with Company accounting policies and conform with local and US accounting standards/ principles.
- Balance sheet reconciliation - Ensure all balance sheet accounts are reconciled to subledger and any significant variances reported in accordance with Company policy.

Financial Reporting - Internal & External
- Attain familiarity with Company accounting policies and all applicable GAAP / accounting standards / tax laws and regulations.
- Attain familiarity with available reports from Radius, SAP, Hyperion or any accounting or ERP system used by Company and support local business unit Controller with GL account analysis.
- Review and discuss with local business unit Controller on procedures to clear aged items in balance sheet accounts.
- Support the audit process by managing expectations and providing schedules on a timely basis.

Continuous Improvement
- Contribute to the development and implementation of positive change in the GL function in the Company.
- Leverage on use of technology and implement cost-neutral process enhancements.

Compliance
- Ensure full adherence to Company accounting policies, processes, procedures and authorization levels.
- Ensure full adherence to SOX controls.
- Ensure full adherence to document retention requirements by regulatory authorities in country of operations of business unit.

Service Level
- 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 key GL issues and decisions.
- Build long-term relationships with Company internal customers and Leadership.

Culture
- Adopt a high performance, people-powered culture, providing high expectations and high support.

Reporting line for this position

GL Manager

**Requirements**:

- 4 to 5 years of GL closing experience.
- Strong understanding of manufacturing accounts.
- Adept in financial controls, accounting standards and closing procedures.
- Able to lead team members and cultivate talent.
- Degree in accounting or professional certification.
- Evening shift applicable if assigned to EMEA

**Salary**: RM4,000.00 - RM6,000.00 per month

Schedule:

- Monday to Friday



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