Technical Accounting Specialist

1 week ago

Petaling Jaya, Malaysia Multi-Color Corporation Full time

**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 Work Environment
- Conducive Working Environment
-**:
**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 timely completion of US GAAP and local statutory depreciation processes in accordance with service level agreements.
- Ensure all supporting documentation for fixed asset movements is complete, properly maintained, and accurately filed.

**Month-end Close**
- 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 Hyperion rollforward data form to support corporate monthly analysis.

***

**Financial Reporting - Internal & External**
- Assist the Local Controller with tracking and analyzing capital expenditures (CAPEX).
- Monitor, review and collaborate with the Local Controller on Assets Under Construction accounts to ensure timely resolution of outstanding items.
- 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.

**Continuous Improvement**
- Contribute to the development and implementation of positive change in the Fixed Asset 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 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.
- Perform any other duties as assigned by the Team Manager and/or Team Lead.

**Requirements**:

- Accounting degree or equivalent
- Exposure to manufacturing industry / accounting
- SAP / SSC experience preferred.

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