Specialist, RTR - Fixed Assets & Leases

MCC; Petaling Jaya; Hybrid; MYR 67,000 - 112,000; Full time

Benefits offered by this job

Hybrid working arrangement

Conducive working environment

Learning & Development

Job summary

MCC is seeking a Finance professional to join our Shared Services Centre in Malaysia as Fixed Asset Accounting. You will handle US GAAP and local depreciation, maintain fixed asset records, and support the monthly close with accurate journals and reconciliations.

The role emphasizes collaboration with Local Controller, adherence to SLAs, and driving process improvements within a hybrid work setting. A degree in accounting and professional qualifications are preferred.

Qualifications

• Bachelor’s degree or higher in accounting/finance.
• Professional qualifications (ACCA/CPA/MIA) preferred.
• Fluent in English and able to communicate clearly.

Responsibilities

• Ensure US GAAP and local statutory depreciation processes are completed timely.
• Record fixed asset movements and maintain AFE for CAPEX per SLAs.
• Prepare month-end journals and reconcile fixed assets under US GAAP and local standards.
• Assist migration of fixed asset tasks to the SSC and support internal controls.

Skills

English proficiency

Education

Degree in Accounting/Finance

Professional accounting qualifications (ACCA/CPA/MIA)

Job description

Build your Career with an Industry Leaderat our Shared Services Centrein Malaysia.

As a global leader in premium label solutions, our purpose is to deliver the world's best label solutions that help our customers build their brands, while adding value to our employees, our shareholders, and the communities in which we operate.

If you share our vision and believe that you could contribute to the success of our company, we look forward to hearing from you!

Job Highlights

• Hybrid Working Arrangement
• Conducive Working Environment
• Learning & Development

Job Descriptions

Fixed Asset Accounting

• Ensure compliance with US GAAP and in-country statutory requirements for fixed asset maintenance and processing.
• Develop familiarity with company accounting policies and all relevant GAAP, accounting standards, and tax laws/regulations.
• Assist with the migration of fixed asset accounting tasks from local business units to the shared service center as needed.
• Record fixed asset movements in the accounting system promptly, adhering to service level agreements.
• Maintain authorized Approval for Expenditure (AFE) for all capital expenditures (CAPEX).
• Ensure all supporting documentation for fixed asset movements is complete, properly maintained, and accurately filed.

Month-End Close

• Ensure timely completion of US GAAP and local statutory depreciation processes in accordance with service level agreements.
• Collaborate with the Local Controller to ensure timely closure of fixed assets accounts, supporting the financial close process.
• Prepare month-end journals in accordance with company accounting policies, ensuring compliance with local and US accounting standards and principles.
• Ensure timely, accurate, and complete updates in the monthly Hyperion roll forward data form to support corporate monthly analysis.

Financial Reporting – Internal & External

• Monitor, review and collaborate with the Local Controller on Assets Under Construction accounts to ensure timely resolution of outstanding items.
• Prepare comprehensive quarterly US GAAP fixed asset reconciliations between Hyperion balances and Fixed Asset Summary Reports.
• Support the audit process by managing expectations, providing schedules and delivering documentation in a timely manner.

Continuous Improvement

• Leverage on use of technology and implement cost-neutral process enhancements.

Compliance and Internal Controls

• Stay updated on accounting standards, regulations, and compliance requirements to ensure the Company's financial practices align with industry standards and legal obligations.

Service Level and Team Collaboration

• Promote a strong service ethos to support delivery to agreed Service Level Agreements.
• Act as the focal point to ensure effective communication and resolution of operational related issues and decisions.
• Build long-term relationships with Company’s internal stakeholders and leadership team.
• Work closely with other operation functions to ensure seamless coordination of financial activities.
• Perform any other duties as assigned by the Team Manager and/or Team Lead.

Job Requirements

• Degree in Accounting/Finance, Business Administration or equivalent with professional qualifications (ACCA/CPA/MIA).
• Fluent in both spoken and written English.
• Independent, strong interpersonal and communication skills.
• Strong analytical and problem-solving skills to identify the root cause of issues and implement corrective actions.
• Able to multi-task, pay attention to details, thrives in fast-paced environments.
• Candidate who has Shared Services Centre (SSC) experience is an added advantage.

Only applicants who can legally live and work in Malaysia will be considered.