Record to Report (RTR) Manager

ZALORA Group; Kuala Lumpur; On-site; MYR 40,000 - 60,000; Full time

Job summary

ZALORA Group is seeking an Accounting Manager to oversee the Regional Financial Accounting team. The successful candidate will manage financial reporting, ensure compliance with accounting standards, and contribute to the improvement of financial processes. Strong leadership and analytical skills are essential for this role within a dynamic environment.

Qualifications

• Minimum 7 years’ experience in RTR functions with 3 years in team leadership.
• Thorough understanding of International Accounting Standards.
• Experience in managing transitions and process improvement.

Responsibilities

• Manage consolidated financial reporting and ensure compliance with accounting standards.
• Lead fixed assets and inventory accounting processes.
• Conduct account reconciliations and variance analysis.

Skills

Analytical Skills

Team Leadership

Problem Solving

Communication

Education

Degree in Accounting

ACCA/CIMA/CPA

Tools

SAP

OneStream

Microsoft Office Suite

Job description

Who We Are

ZALORA exists for the millions of fashion consumers in Asia seeking a shopping experience focused on their unique styles, trends and fit. As Asia’s leading online fashion destination, ZALORA was founded in 2012 and has a presence in Singapore, Indonesia, Malaysia & Brunei, the Philippines, Hong Kong and Taiwan. ZALORA’s localised sites offer an extensive collection of top international and local brands as well as our own in-house labels across apparel, shoes and accessories for men and women. ZALORA is part of Global Fashion Group, the world's leader in online fashion for emerging markets.

More About ZALORA Group

Employing more than 2,000 people in 10 markets across Asia Pacific, ZALORA Group provides style enthusiasts the access to the best global fashion and beauty brands alongside local fashion brands and designers as well as our eponymous private label collection for men and women – ZALORA.

We are a team of fashion enthusiasts, customer service stars, marketing whiz and analytics experts guided by top-notch consultants and ZALORA is looking for you to join us and be part of this online revolution!

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We're looking for Accounting Manager who will be reporting to the Global Business Services Senior Manager – Record to Report (RTR), the incumbent isresponsible for managing the Regional Financial Accounting 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.

MAJORRESPONSIBILITIES

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 Customer Relationships

• Proactively work and collaborate with internal customers to ensure the type and quality of services provided support them in the achievement of their business objectives, and efficiently provide the essential support services to the organization.
• Drive a customer-service mindset throughout the RTR organization.

6. World Class Finance & 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.
• Partners with the regional process owners and serves as a value-added business partner.
• 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 affiliates.
• Influence and make recommendations on the RTR aspects of strategic projects in their planning and execution. Manage stakeholder’s expectations; ensure adequate communication flow in place to support country senior leaders and functional senior management.

7.Talent Management

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

QUALIFICATIONS/ SKILLS/ EXPERIENCES

• 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 in SSC / GBS environment.
• 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.
• Have strong computer skills and be proficient in Microsoft Office Suite (MS Word, Excel, Project, PowerPoint). Advanced excel and SQL skills highly preferred (able to handle big data)
• Strong inter-personal and communication skills necessary to maintain a strong working relationship with senior management and other functions within Zalora and GFG.
• Demonstrates strong teambuilding skills with self-motivation, problem solving abilities, team spirit and a “hands on” mentality.
• Strong business acumen, understanding of key interfaces and impact of Global Business Services initiatives on other departments such as Business Planning, Corporate Finance, Procurement, Treasury, Audit etc. is considered essential.
• Excellent management, coaching and motivational skills are essential due to multi- cultural environment and diversity of working relationships.
• Good command of verbal and written English. Good command of any other Asian language would be an advantage.

The ZALORA Story

ZALORA is Asia’s leading online fashion, beauty and lifestyle destination, part of Global Fashion Group. As one of the region’s pioneer large-scale ecommerce platforms, ZALORA has established a strong presence throughout the region, particularly in Singapore, Indonesia, Malaysia, Brunei, the Philippines, Hong Kong, and in Taiwan, enjoying over 50 million visits per month.

ZALORA is not obligated to accept resumes from any third parties on behalf of potential candidates for any position (advertised or otherwise) by any means, unless ZALORA has executed a written agreement with such third party and has expressly requested such third party for candidate referrals. Third parties who provide unsolicited resumes of candidate(s) shall waive and forfeit all rights to claim for any placement fees or referral fees in the event that such candidate is eventually engaged or employed by ZALORA or Global Fashion Group.

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