Assistant Manager, Fixed Assets & Leases
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
- Hybrid Working Arrangement
- Conducive Working Environment
- Learning & Development
Job Descriptions:
Technical Focus
- Manage the full fixed asset lifecycle in compliance with US GAAP, IFRS, and company policies, ensuring accurate classification, useful life assignment, and timely posting of transactions.
- Review fixed asset and lease accounting entries, and Oracle FCCS reconciliation and roll-forward forms to support timely financial close and corporate analysis.
- Perform regular audits to verify the accuracy of fixed asset and lease accounting records.
- Ensure full compliance with US GAAP and IFRS 16 for lease accounting, maintain accurate records, review contracts, and update lease registers and systems.
- Develop expertise in company accounting policies and relevant GAAP standards, ensuring consistent application across all entities.
- Provide technical input on accounting treatment and review on complex transactions, including fixed assets and lease accounting.
- Serve as liaison between local controllers and MYSSC, fostering strong communication across plants and countries to ensure accurate accounting and prompt resolution of issues.
Team Management Focus
- Supervise and lead a team of accounting professionals in the function.
- Assist Team Manager on team strategic planning and resources planning.
- Provide training, guidance, and support to team members.
- Work with relevant department to identify and define key performance indicators (KPI) that aligned with the Company’s goals and objectives.
- Responsible for establishing and monitoring relevant metrics to evaluate process efficiency, compliance, and team performance, ensuring alignment with Company’s goals and continuous improvement initiatives.
- Regular updates/ reporting to Team Manager on the work progress in the function.
Change Management & Continuous Improvement
- Address and resolve issues related to discrepancies, errors, or other accounting-related challenges.
- Identify opportunities for process improvements to enhance efficiency and productivity.
- Ensure process improvements are executed within planned timeline and budget.
- Collaborate with cross functional teams to manage process enhancements and optimization.
- Drive standardization of communication process, resolve escalations promptly, and foster collaborative relationships between plants and MYSSC.
- Lead development and implementation of positive change in the shared service processes in the Company.
- Leverage on use of technology and implement cost-neutral process enhancements.
- Monitor progress and status of each project in PIT Tracker.
Compliance and Internal Controls
- Ensure full adherence to Company’s accounting policies, processes, procedures, authorization levels, and SOX controls.
- Ensure full adherence to document retention as per the requirement by regulatory authorities in the specific country of operations/ business units.
- Develop and implement internal controls to safeguard Company’s assets and ensure compliance with financial regulations.
- Monitor and evaluate the effectiveness of existing internal controls.
- Stay updated on accounting standards, regulations, and compliance requirements to ensure the Company's financial practices align with industry standards and legal obligations.
Service Level and Team Collaboration
- 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.
Job Requirements:
- Minimum 5 years of experience in accounting, finance or audit, including leadership experience.
- Degree in Accounting/Finance, Business Administration or equivalent with professional qualifications (ACCA/CPA/MIA).
- 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.
Only applicants who can legally live and work in Malaysia will be considered.