Accounting Analyst - Intercompany

Air Products; Kuala Lumpur; On-site; MYR 70,000 - 90,000; Full time

Job summary

A global industrial gases company in Kuala Lumpur is seeking an experienced accounting professional to manage inter-company accounting operations. This role involves monitoring transactions, ensuring compliance with accounting standards, and leading a team to resolve financial discrepancies. Candidates should have a strong grasp of US GAAP and a proven ability to streamline accounting processes. The position requires strong analytical skills and a commitment to maintaining accuracy in financial reporting.

Qualifications

• Proficient in inter-company accounting processes.
• Strong understanding of US GAAP and compliance requirements.
• Experience in leading accounting teams.

Responsibilities

• Monitor inter-company transactions and ensure timely recording.
• Review account reconciliations and solve outstanding issues.
• Lead monthly intercompany payment process for compliance.

Job description

Overview

To ensure daily operations on the Intercompany accounting, Internal Order accounting across the Asia region to be compliance with APCI policy and procedure and adherence to General Accepted Accounting Principle (GAAP), together with local statutory compliance requirements.

This position has a lot of interaction with end users, Finance cross function teams to identify and solve issues as well.

Responsibilities

• Monitor all inter-company transactions and activities to ensure they are booked timely and accurately, including but not limited to
  • Inter-company A/R billing and receivable
  • Inter-company A/P booking and payments, including In House Cash payment
  • Internal order and cost center assessment
  • Identify and confirm billed and unbilled amount
• Review monthly inter-company account reconciliations, oversee the team to solve the imbalance items coordinate for complicate outstanding issues, maintain the KPIs in a good shape.
• Lead and monitor monthly intercompany payment process to ensure the intercompany balances are cleared timely with compliance with specific countries’ practice.
• Monitor and ensure the correct inter-company markup billing processes are applied and make sure tax rates are appropriate for manual billing business.
• Quarterly analysis of US GAAP finance report for intercompany and 10K69 tax report, Lead the team to support for country external audit when needed, support on transfer Pricing documentation.
• Maintain compliance to US GAAP and AP Accounting Finance Standards and procedures. Ensure all related job aids and working procedures are in place and kept updated.
• Provide process support with the goal of streamlining and simplifying accounting processes while ensuring accuracy and integrity of data.
• Lead the team to solve the issues or handle the complex issue in Intercompany realm, identify the potential exposure and work on remediation plan.
• Participate in continuous improvement on process and practice， identify the opportunity, lead or work on projects to achieve higher performance and deliver better results.