Manager - Record-to-Report and Finance Systems | Hybrid Work Setup

ZALORA Malaysia; Kuala Lumpur; Hybrid; MYR 150,000 - 180,000; Full time

Benefits offered by this job

Career growth

Flexible work

Wellbeing program

Team culture

Learning & development

Job summary

ZALORA is seeking a Manager - Record-to-Report and Finance Systems to lead the RTR and Finance Systems team, ensuring accurate, timely reporting and IFRS compliance for Zalora and affiliates. You will interpret new accounting standards and coordinate resources to meet reporting requirements.

You will supervise a team of Associate Managers and Finance Analysts, drive process improvements, manage intercompany and asset accounting, and collaborate with ERP, Data and Technology teams to standardize

Qualifications

• Degree in Accounting and professional qualification (ACCA, CIMA, CPA, MIA, etc)
• Minimum of 7 years’ experience in RTR functions with at least 3 years team leadership experience
• Thorough understanding of IAS and statutory accounting requirements and IFRS
• Experience with country-specific and IFRS accounting requirements and strong analytical skills
• Experience in transitions and process improvement projects
• Knowledge of SAP and OneStream

Responsibilities

• Direct and lead consolidated financial reporting for Zalora and affiliates under IFRS
• Direct application of changes to accounting standards
• Provide financial expertise and problem solving for corporate finance activities
• Lead fixed assets, inventory, and intercompany accounting
• Ensure intercompany billings and cost center recharge accuracy
• Maintain integrity of monthly financial statements and balance sheet review
• Serve as main contact for external auditors during reviews and audits
• Maintain and improve financial accounting systems and end-user training
• Identify improvements to internal controls and automate processes
• Mentor and develop team members

Skills

Interpersonal skills

Communication

English proficiency

Team leadership

Education

Accounting degree

Professional qualification (ACCA/CIMA/CPA/MIA)

Tools

SAP

OneStream

Job description

Manager - Record-to-Report and Finance Systems | Hybrid Work Setup

Reporting to the Finance Services Associate Director – Record to Report and Finance Systems, the incumbent is responsible for managing the Record to Report and Finance Systems team and is directly responsible for the financial and internal controls and procedures required to ensure the efficient, accurate, and timely reporting of actual results. This also involves the analysis and interpretation of new accounting standards, and the co-ordination of resources to meet reporting requirements.

The financial accounting function is typified by a series of stringent reporting requirements which must be achieved. Within the tight time constraints of the environment, the position is expected to continually seek ways of improving the accuracy of the accounting information, the presentation of reports, and reduce the time to complete reporting activities.

The position is expected to act independently, with initiative and with minimal supervision, and provides work direction, performance coaching, career development to a team of Associate Managers, Senior Finance Analysts and Finance Analysts.

RESPONSIBILITIES

1. Financial Accounting and Reporting

• Direct and lead the preparation of the consolidated financial reporting activities of Zalora and other GFG affiliates to facilitate efficient, timely, and accurate reporting of results, in accordance with corporate reporting requirement, country statutory requirement and IFRS.
• Direct the application of new or changes to corporate, statutory, IFRS and relevant accounting standards.
• Provide a source of financial expertise, business knowledge and problem-solving capabilities to assure sound analysis, recommendations and action programs in assignments involving corporate finance activities.

2. Fixed Assets, Inventory, and Intercompany Accounting

• Direct and lead to ensure fixed assets are maintained according to fixed assets’ policies, procedures and regulatory requirements, identification of impaired assets, and integrity of asset registers.
• Implement and conform to applicable inventory accounting policies, internal control procedures, and generally accepted accounting principles including IFRS and statutory accounting requirements.
• Ensure timely and accurate preparation and submission of intercompany billings in compliance with the corporate and relevant accounting requirements. Direct the team in reviewing and analyzing monthly recharge cost center or expenses to ensure the financial records accurately reflected the current status of transactions and events.

3. Reconciliation and Integrity of Statutory Financial Statements

• Ensure the integrity of monthly financial statements is maintained by conducting detailed account reconciliations and variance analysis to ensure the financial records accurately reflect the current status of transactions and events.
• Direct and execute the monthly balance sheet review process for Zalora and other GFG affiliates.
• Serve as the main point of contact for external auditor during quarterly review, year-end group reporting audit, and statutory audit.

4. Financial Reporting Systems and Procedures

• Ensure financial accounting systems are maintained in good working order and are developed to meet changing business requirements, and support and training is provided to finance end users.
• Develop, maintain, and implement policies and procedures for the effective management and control of financial accounting processes and systems, ensuring they comply with the relevant accounting standards, country, and corporate requirements.

5. Internal Controls

• Identify and make recommendations to improve financial and internal controls and other business processes and practices.
• Execute processes standardization and automation in collaboration with other teams – ERP, Data and Technology Team.
• Sharing best practices and provide support and guidance on major business changes and process transformation aiming to enable process excellence.
• Manage cost-effectiveness of providing the services to Zalora and GFG affiliate
• Influence and make recommendations on the RTR aspects of strategic projects in their planning and execution.

6. Talent Management

• Develop employees to their full potential through Performance Management coaching, appropriate training and education, goals setting and career development.

REQUIREMENTS

• Degree in Accounting and professional qualification (ACCA, CIMA, CPA, MIA, etc)
• Minimum of 7 years’ experience in RTR functions with at least 3 years team leadership experience.
• Thorough understanding of International Accounting Standards and Statutory Accounting Requirement and experience in implementing accounting changes.
• Practical knowledge of country and IFRS accounting requirements and sound analytical skills required to resolve accounting issues.
• Experience in managing transitions and process improvement projects.
• Knowledge of computer systems and applications including SAP and OneStream.
• Strong inter-personal and communication skills necessary to maintain a strong working relationship with senior management and other functions within Zalora and GFG.
• Excellent management, coaching and motivational skills are essential due to a multi-cultural environment and diversity of working relationships.
• Good command of verbal and written English.

Wonder how its like to build your career with ZALORA? Inspired by employees, we believe youll be in for:

• An exciting platform to make your success story
• Have the utmost care for your mental and physical wellbeing
• Flexibility weaved into your lifestyle
• A seamless work environment with a friendly & team-fueled culture
• Career growth aligned to your professional and personal needs and goals

Want to stay ahead with our developments? Follow us at our LinkedIn page and know more about us from our career website.

The ZALORA Story

ZALORA is Asia's leading online fashion, beauty, and lifestyle destination, and part of Global Fashion Group. As one of the region's pioneering large-scale e-commerce platforms, ZALORA has established a strong presence across Southeast Asia, with key markets in Singapore, Indonesia, Malaysia, the Philippines, and Hong Kong, and receives over 50 million visits monthly.