Principal Accountant

McDermott; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

An established industry player is seeking a Principal Accountant to tackle complex accounting challenges and lead teams across various regions. This role demands a strong foundation in accounting principles, particularly in US GAAP and IFRS, as well as the ability to adapt in a dynamic environment. You will be responsible for supervising statutory and tax teams, preparing financial statements, and ensuring compliance with local regulations. If you thrive in a collaborative setting and possess excellent problem-solving skills, this opportunity is perfect for you to make a significant impact in the finance domain.

Qualifications

• 5-6 years of relevant experience in accounting or finance.
• In-depth expertise in accounting and knowledge of finance functions.

Responsibilities

• Lead and supervise statutory and tax team across multiple regions.
• Prepare tax schedules and liaise with external auditors for audits.

Skills

Good communication skills

Problem-solving skills

Intermediate to advanced Excel skills

Education

Bachelor’s degree in Accounting or Finance

CPA preferred

Job description

Job Overview:

The Principal Accountant is responsible for interpreting internal or external business issues and recommending best practices. They will be tasked with solving complex accounting-related problems and will work independently with minimal guidance. The Principal Accountant may be responsible for leading functional teams or projects and is regarded as a specialist in the field of accounting. As such, they must have in-depth expertise in accounting as well as broad knowledge of the accounting discipline within the finance function.

Essential Qualifications and Education:

• Bachelor’s degree in Accounting or Finance required, CPA preferred
• 5-6 years of relevant experience
• Intermediate to advanced Excel skills preferred
• Good communication skills
• Enjoy working in a changing and flexible environment
• Good problem-solving skills

Key Tasks and Responsibilities:

• Lead and Supervise Statutory and Tax Team – Asia Pacific, UK, African Entities
  • Lead the Stats and Tax team to complete stats audit for the respective entities in Asia Pacific, Australia, UK and Africa
  • Company financials are based on US GAAP. Based on the respective countries IFRS, need to rework financials for the local books audit
  • Liase with external auditors to complete the local statutory audits
  • Liase with Project accountants, FP&A, HR or payroll team on audit queries
  • Arrange for legal, directors and intercompany confirmations as requested by auditor
  • Prepare tax schedules (FA, Provisions, WHT) for Corporate Tax Return submission
  • Presentation of FS to APAC Controller to seek approval
  • Circulate final draft FS for corporate approval
  • Arrange to get the signed financials within the agreed timelines
• Liase with Tax Consultant for the preparation and filing of WHT, VAT and Corporate Tax Returns
• Prepare monthly & quarterly Tax Forecast & Tax Packs and booking of monthly entries for tax expense
• Involved in preparing Overall Business Line quarterly forecast and Annual Budget and provide variance explanations on tax lines
• Able to work as a team, with good inter-personal skills