Fixed Asset Accountant II (Based in Penang / Kulim)

First Solar Malaysia Sdn Bhd; Penang; Hybrid; MYR 67,000 - 100,000; Full time

Job summary

First Solar Malaysia Sdn Bhd is seeking a Fixed Asset Accountant II based in Penang/Kulim to manage routine and complex accounting for fixed assets and leases. You will support the global accounting close, review capital requisitions, and ensure CIP is activated in a timely manner.

The role requires a finance/accounting degree (with CPA/CA preferred) and 3–5 years of public company or public accounting experience in fixed assets, GL, and month-end close.

Qualifications

• Bachelor’s degree in finance, accounting, or equivalent professional qualification (required).
• Master’s degree in finance, accounting, business, or related fields (preferred).
• CPA, CA, or other equivalent professional certifications (preferred).
• 3-5 years combined experience with public company or public accounting firm in financial accounting, fixed assets, lease accounting, general ledger, and month-end close.

Responsibilities

• Review capital purchase requisition.
• Review capital expenditure with project managers to ensure CIP is placed into service timely.
• Record fixed assets accrual in accordance with policy.
• Record asset activation timely and accurately.
• Ensure asset tagging is performed, and asset record is complete and accurate.
• Record other fixed assets activities, such as asset retirement, intercompany asset transfer, asset impairment timely and accurately.
• Review agreement related to fixed assets or leases.
• Record lease entries related to lease events timely and accurately.
• Ensure that financial transactions are recorded in the appropriate legal entity.
• Ensure appropriate documentation is complete for fixed assets activities and lease events.
• Ensure appropriate approval is obtained for asset retirement and asset impairment.
• Prepare projects or manual journal entries as necessary and ensure appropriate documentation is complete.
• Perform month-end closing activities, including run depreciation, close fixed assets subledger period, close projects period, and perform analysis and analytics.
• Prepare fixed assets and lease balance sheet account reconciliations and retain appropriate supporting file.
• Ensure fixed assets, lease and other related internal controls and processes are complying SOX and policy.
• Provide support for the audit of financial statements and internal controls.
• Provide support for the preparation of local statutory reporting and local tax reporting.
• Provide information requested by tax, FP&A, and other stakeholders.
• Collaborate and coordinate with asset/lease owner to complete fixed assets/lease verification.
• Perform physical fixed assets count in accordance with the policy.
• Support special projects and identify improvements.
• Provide on-the-job training to junior members of the team.
• Solve or provide solutions to issues.

Skills

US GAAP knowledge

SOX compliance

Fixed assets

Lease accounting

General ledger

Month-end close

ERP systems (SAP/Oracle)

Excel proficiency

Education

Bachelor’s degree in finance or accounting

Master’s degree in finance or accounting

CPA/CA or equivalent

Tools

SAP

Oracle

Job description

Fixed Asset Accountant II (Based in Penang / Kulim)

This position performs the accounting for routine and certain complex business transactions and executes key processes involved in the global accounting close. This position analyses quantitative information to identify solutions and supports special projects. Candidate must have basic knowledge of accounting procedures, concepts and principles accepted in the United States (“U.S. GAAP”) or other regional bases of accounting.

Education/Experience:

Bachelor’s degree in finance, accounting, or equivalent professional qualification (required)

Master’s degree in finance, accounting, business, or other related fields (preferred)

CPA, CA, or other equivalent professional certifications (preferred)

3-5 years combined experience working for a public company and/or a public accounting firm with relevant experience in financial accounting, fixed assets, lease accounting, general ledger, and month-end close.

General understanding of internal controls and SOX compliance

Working knowledge of major ERP systems (e.g., SAP, Oracle, etc.), preferred

Working knowledge of Microsoft Office applications, including a high degree of proficiency in Excel

Review capital purchase requisition

Review capital expenditure with project managers to ensure CIP is placed into service timely

Record fixed assets accrual in accordance with policy

Record asset activation timely and accurately

Ensure asset tagging is performed, and asset record is complete and accurate

Record other fixed assets activities, such as asset retirement, intercompany asset transfer, asset impairment timely and accurately

Review agreement related to fixed assets or leases

Record lease entries related to lease events timely and accurately

Ensure that financial transactions are recorded in the appropriate legal entity

Ensure appropriate documentation is complete for fixed assets activities and lease events

Ensure appropriate approval is obtained for asset retirement and asset impairment

Prepare projects or manual journal entries as necessary and ensure appropriate documentation is complete

Perform month-end closing activities, including run depreciation, close fixed assets subledger period, close projects period, and perform analysis and analytics

Prepare fixed assets and lease balance sheet account reconciliations and retain appropriate supporting file

Ensure fixed assets, lease and other related internal controls and processes are complying SOX and policy

Provide support for the audit of financial statements and internal controls

Provide support for the preparation of local statutory reporting and local tax reporting

Provide information requested by tax, FP&A, and other stakeholders

Collaborate and coordinate with asset/lease owner to complete fixed assets/lease verification

Perform physical fixed assets count in accordance with the policy

Support special projects and identify improvements

Provide on-the-job training to junior members of the team

Solve or provide solutions to issues

Job description subject to change at any time

Ensure compliance with Quality, Environment, Health and Safety and Responsible Business Alliance policies and procedures that are enforced within the organization.

Founded in 1999, First Solar is a leading American solar technology company and global provider of responsibly produced eco-efficient solar modules advancing the fight against climate change. The company is unique among the world’s ten largest solar manufacturers for being the only US-headquartered company and not manufacturing in China. First Solar’s advanced thin film photovoltaic (PV) modules represent the next generation of solar technologies, providing a competitive, high-performance, lower-carbon alternative to conventional crystalline silicon (c-Si) PV panels.

Founded in 1999, First Solar is a leading American solar technology company and global provider of responsibly produced eco-efficient solar modules advancing the fight against climate change. The company is unique among the world’s ten largest solar manufacturers for being the only US-headquartered company and not manufacturing in China. First Solar’s advanced thin film photovoltaic (PV) modules represent the next generation of solar technologies, providing a competitive, high-performance, lower-carbon alternative to conventional crystalline silicon (c-Si) PV panels.