Senior Specialist Asset Accounting

Omya; Kuala Lumpur; On-site; MYR 80,000 - 140,000; Full time

Job summary

Omya Malaysia is seeking a qualified Finance professional to lead Asset Accounting for B2C operations in a global shared services environment. You will manage daily and monthly tasks, including depreciation, capitalizations and intra-group charges, ensuring timely postings.

You will act as SME for complex postings, drive root-cause analysis, support system changes (SAP FI/AA, Cadency), and coordinate with Controlling, AP, AR, and audits to ensure accuracy and compliance.

Qualifications

• University degree in Finance, Accounting, Business Administration, Economics, or related field.
• Experience with SAP FI/AA and Trintech Cadency, including reconciliations.
• 3–5 years in asset accounting or related financial operations.
• Root-cause analysis and change management experience.

Responsibilities

• Execute and oversee daily and monthly B2C asset accounting tasks, incl. depreciation and capitalizations.
• Ensure accuracy of postings, reconciliations and closing steps.
• Act as escalation SME for complex asset accounting issues.
• Collaborate with process management for improvements and standardization.
• Support month-end close and audit readiness; coach peers.

Skills

Asset accounting

IFRS/GAAP

SAP FI/AA

Internal controls

Attention to detail

Communication

Problem solving

Education

University degree in Finance, Accounting, Business Administration, Economics, or related field

Relevant vocational education with significant experience

Tools

SAP FI/AA

Trintech Cadency

Job description

Service Performance and Issue Resolution

• Execute and oversee daily and monthly B2C Asset Accounting operational tasks, including settling investment orders, capitalizing intra-group service charges and own labor costs, and performing planned and unplanned depreciation, ensuring timely and accurate execution
• Ensure the accuracy of financial postings, supporting documents, reconciliations, and closing steps related to asset accounting, ensuring alignment with closing calendars and reporting deadlines
• Act as the escalation SME for complex asset accounting exceptions related to incorrect postings, mismatches, missing documentation, or unclear account balances; perform root-cause analysis and implement corrective actions
• Identify and monitor (recurring) issues, perform root cause analysis and work with the process management team on the remediation or improvement to prevent recurrence
• Escalate structural issues, risks, and recurring defects to the appropriate channels

Implementation of Changes and Improvements

• Contribute as SME to standardization and continuous improvement of B2C Asset Accounting processes and procedures
• Work closely with the B2C process management team to ensure continuous improvement of underlying processes
• Support the implementation of new or updated work instructions, tools, and systems along the process (e.g., SAP, Trintech - Cadency) including system testing and change management (e.g., end user training)
• Document and align with the process management team on the updates required to the standard operating procedures and control matrices to reflect process changes and lessons learned
• Collect improvement ideas, contribute to the operational improvement backlog and work with the team lead and the process management team on the prioritization
• Participate in pilot activities, testing, and training related to changes impacting the operational line

Process Accuracy and Reconciliation

• Ensure accuracy of asset accounting entries (investment orders, capitalizations, depreciation) in accordance with IFRS/GAAP and company policies
• Perform reconciliations of asset accounts and sub-ledgers, investigate and resolve variances, and ensure completeness of supporting evidence
• Validate asset master data, escalating discrepancies and driving corrective updates
• Maintain and test key controls around asset accounting postings and closing activities to support compliance and audits
• Support month-end close activities by ensuring all asset accounting items are posted or adequately reconciled for financial reporting
• Coach and provide guidance to peers on asset accounting workflows, closing activities and audit readiness

Stakeholder Management and Communication

• Coordinate with Controlling, Accounts Payable, Accounts Receivable, and other finance stakeholders to resolve complex issues and align on the remediation
• Serve as primary SME contact for internal stakeholders on asset accounting treatment, capitalization rules and depreciation
• Provide clear, timely communication to stakeholders on the status of escalations, corrective actions and process changes
• Support internal and external audit requests and ad-hoc queries related to asset accounting.

Education

• University degree in Finance, Accounting, Business Administration, Economics, or related field
• Relevant vocational education with significant experience may be considered

Experience

• 3–5 years of experience in asset accounting, B2C operations, month-end closing, or related financial operations, preferably in a global shared services organization
• Experience working with accounting and closing systems (e.g., SAP, Trintech - Cadency) and performing reconciliations
• Experience performing root-cause analysis and supporting system/process improvement initiatives, including change management (i.e., end user training)

Knowledge And Skills

• Strong expertise in asset accounting processes (investment orders, capitalization, planned and unplanned depreciation, asset master data)
• Solid understanding of accounting standards relevant to fixed assets and investments (IFRS/GAAP)
• Strong expertise with SAP FI/AA modules or comparable systems – SAP S4/HANA experience is an advantage
• Solid understanding of internal controls and audit compliance requirements
• Strong attention to detail for financial documentation and closing evidence
• Ability to handle confidential financial records securely
• Excellent communication skills and ability to act as an SME with stakeholders
• Analytical mindset with strong problem-solving and process-orientation skills

Other Requirements

• Very good command of English, both oral and written
• Additional language(s) beneficial depending on team location and scope
• High level of confidentiality when handling sensitive treasury and financial information

POSITION SCOPE

Reporting Line(s)

Solid line(s) to: Team Lead Asset, Cash and Bank Accounting

Working Relationships

Internal Contacts

Team Lead Asset, Cash and Bank Accounting
Head of Accounting & Reporting
Process management within Book-2-Close
Controlling, Accounts Payable and Accounts Receivable teams
Other Specialists within Book-2-Close and adjacent processes
Project team (e.g., for any implementation projects)
Internal Auditors

External contacts

Service providers or external business partners as required for daily operations
External auditors
Legal bodies
Tool and technology providers