Senior Fixed Asset Accountant (Based in Penang / Kulim)This position performs the accounting for complex business transactions and executes critical processes involved in the global accounting close.
This position also leads problem solving and process improvement initiatives by working collaboratively with other finance functions.
Candidate must have adequate knowledge of accounting procedures, concepts and principles accepted in the United States ("U.S.
GAAP") or other regional bases of accounting.
Essential Functions & Responsibilities:
Review Capital Purchase Requisition
Review capital expenditure with project managers to ensure CIP is placed into service timely
Record fixed asset accrual in accordance with the policy
Record asset activation timely and accurately
Ensure appropriate documentation is complete for asset activation
Ensure asset tagging is performed
Record asset retirement and ensure appropriate documentation is complete and the appropriate approval is obtained
Record intercompany asset transfer and ensure appropriate documentation is complete
Record impairment and ensure appropriate documentation is complete and the appropriate approval is obtained
Review lease agreement and record lease entries related to lease events
Ensure fixed asset/lease controls and processes are compliance with SOX and policy
Coordinate with asset/lease owners to ensure fixed asset verification is completed timely
Perform fixed asset physical count every 2 years and reconcile the count list to the fixed asset sub-ledger
Other projects as assigned
Run monthly depreciation and perform depreciation analysis
Prepare monthly fixed asset/lease reconciliations and retain supporting file for monthly close package
Liaise with auditors and provide information requested by Tax and FP&A team
Travel is required when necessary to support shared services center activities
Education/Experience:
Bachelor's degree in finance or accounting (required)
Master's degree in finance, accounting, business, or other related fields (preferred)
Professional qualifications such as ACCA, MICPA or CPA is an added advantage
4-7 years combined experience working for a public company and/or a public accounting firm with relevant experience in financial accounting, general ledger, month-end close, consolidation, and intercompany accounting.
Working knowledge of internal controls and SOX compliance
Working knowledge of major ERP systems (e.g., SAP, Oracle, etc.
), preferred
Working knowledge of Microsoft Office applications, including a high degree of proficiency in Excel#J-18808-Ljbffr