Financial Analyst I

Advanced Energy is a leading global company specializing in the design and production of advanced power conversion, measurement, and control solutions for mission-critical applications. Its facility in Malaysia produces precision power supplies and generators for top semiconductor and industrial manufacturers worldwide. This plant aligns with Malaysia's strategic objectives to become a hub for energy and semiconductor manufacturing, attracting significant investments.

POSITION SUMMARY

This position is responsible for the Cost Accounting & Inventory of our Malaysia operations and report into the plant controller in Malaysia.

RESPONSIBILITIES:

1. Support plant operation which requires a good understanding of the nature of the business and products to execute daily activities effectively
2. Responsible for prompt and accurate recording of financial activities & month-end close process consistent with corporate policies, GAAP and local statutory requirements
3. Responsible for procedures and policies for cost accounting and inventory.

4. Support inventory control such as cycle count and annual physical inventory count:

5. Partnering with operations, product groups, planning, Inventory team and logistics on inventory management, planning, procurement, and cost optimization.

6. Responsible for prompt and accurate recording of inventory related activities such as E&O analysis, scrap analysis, write-off, inventory revaluation, month-end close process… to be consistent with corporate policies, GAAP and local statutory requirements.

7. Participating in daily MRB Inventory Review and Reporting

8. Prepare and record GL journal entries.
9. Accounts reconciliation and analysis.
10. Liaise with auditors & tax agent and support on scrap and inventory write-off queries
11. Support on Global Output/Inventory related reporting and analysis.
12. Support all financial initiatives to drive growth and compliance from time to time.
13. Timely monthly financial reporting and KPI indicators to support Operations
14. Adhere to organizational requirements on quality management, health and safety, code of conduct, legal stipulations, environmental, 5S policies and general duty of care
15. Maintain confidentiality of all information related to the production processes and components, business and other technology including materials.
16. Other duties as assigned.

WORK ENVIRONMENT:

• Location: Penang Science Park, Simpang Ampat Penang Environment
• Primarily works in a fast-paced office environment and a manufacturing environment which may be noisy and fast paced.
• Works in a standard office environment and uses general office equipment (telephone, PC, copier, fax machine, etc.).
• Works under general supervision.

QUALIFICATIONS:

• Fluency in English (written and verbal) is mandatory.
• Excellent written and verbal communication skills.
• Strong outstanding negotiation with commercial sense, communication, and stakeholder management skills.
• Adept at fostering collaboration, with strong interpersonal skills to navigate and resolve challenges in cross-functional environments.
• Cultural sensitivity and ability to build relationships across regions.
• Result-oriented, ability to execute and deliver results.
• Excellent analytical skills and good command on computer skills.
• Flexibility to handle changing conditions;

SKILLS:

• Action orientated.  Results focused.  Highly adaptable.
• Attention to detail with strong organizational skills.
• Strong level of analytical skills, numeracy and strong financial understanding
• Proven communications skills with internal and external stakeholders
• Willingness to learn and ability to meet deadlines
• Passion for innovation, customer obsession, drive for results
• Communicative, team oriented, analytical thinker

EXPERIENCE:

Essential:

• Minimum 2 to 3 years of progressive accounting experience primarily within a global manufacturing environment.
• Ability to utilize Microsoft Office Suite at moderate to high-level of proficiency.
• Fluency in English

Desirable:

• Experience of development and support of ERP systems or SAP
• Previous financial accounting experience in a high tech or global company

EDUCATION:

• Bachelor Degree in Accounting

• CIMA/ACCA/CPA or similar designate is preferred.

OTHERS:

• Candidate must willing to work in Penang Science Park, Simpang Ampat.

BENEFITS:

As part of our total rewards philosophy, we believe in offering and maintaining competitive compensation and benefits programs for our employees to attract and retain a talented, highly engaged workforce. Our compensation programs are focused on equitable, fair pay practices including market-based base pay, an annual pay-for-performance incentive plan.

In addition to our competitive compensation practices, we offer a strong benefits package in each of the countries in which we operate. In Malaysia., we offer a rich benefits package that includes:

• Medical - health care plan, dental, and vision.
• Short and long-term disability and life insurance.
• Executive Employee Health Screening package.
• Generous paid time off starting at 15 days and 19 public holidays.
• 98 days of paid maternity leave for Moms and 7 days of paid paternity leave for Dads.
• AE Child-Of-Employee Scholarship Program.
• Employee Referral Program.
• Career Growth and Learning Opportunity.