Manager, Accounting - Petaling Jaya, Malaysia - adidas

    adidas
    adidas Petaling Jaya, Malaysia

    1 week ago

    Default job background
    Temp
    Description

    Purpose & Overall Relevance for the Organization:

  • Provide accounting transaction processing support in Treasury and General Ledger functionalities in accordance with approved accounting standards and statutory requirements
  • Manage and coordinate communication of accounting functions with the Global Business Services (GBS) team and Group treasury team. Ensure the accounting records are in compliance with approved accounting standards and statutory requirements. Coordinate and submit with respective government agencies for reporting and audit requirements

    • Key Responsibilities:

    SAP

  • Key User for SAP AFS and related systems
  • Key trainer for end user
  • Ensure smooth accounting processes, coordinate errors and issues with SAP AFS global team

    • TREASURY

  • Ensures that the Company is complying with regulatory deadlines set by the tax authority on tax payments
  • Responsible for cash management such as transfer of funds, money market placements,
  • Preparation of foreign exchange schedule to Group Treasury for Hedging and Forward Contracts for non-group vendors
  • Manager bank relations
  • Ensure all month end treasury reports are submitted on time and BAM accounts are updated timely
  • Serves administrator role for online Bank accounts
  • Manual Refund for eCommerce

    • GL

  • Perform month end accrual for special requirements
  • Prepare of auditor's requirement of the statutory, year-end close of accounts
  • Provide financial input and analysis in the forecast planning, budgeting process and strategic business plan
  • Monthly GL Account reconciliations: clear outstanding items
  • Periodic review of Customer and Supplier Master Data creation/changes
  • Review and prepare inventory adjustment for GBS team posting
  • Quarterly reports required by Group Accounting

    • OTHERS

  • Answer queries from Businesses, Auditors & Government Authority Officers
  • Coordinate and answer queries of the GBS Dalian team relating to bank and treasury matters
  • Prepare property value report for adidas Group Insurance
  • Conduct monthly Accounts Receivable meetings with Business
  • Visit/meetings to/with Wholesale and Franchise Customers
  • Calculate Specific Bad Debt Provision
  • Audit activity for fixed asset count of the new shop opening, the closing of shop, and re-opening of the shop
  • Audit activity of annual fixed asset count in the warehouse
  • Reconciliation and adjustment of fixed asset count result
  • Submission of Ministry of Trade Monthly Statistics Report (prescribed form to use)
  • Submission of Withholding tax form for overseas vendor payment (prescribed form to use)
  • Annual tax reporting for Income Tax Return filing
  • Calculate annual income tax prepayment schedule and perform monthly income tax prepayments
  • Handle, coordinate, and submit requirements for statutory audit by the external auditors
  • Filing of statutory financial statements
  • Assistance in annual transfer pricing document review
  • Ensures online submission of bank reports to Bank Negara
  • Coordination of change in a system based on business requirements and local legal and tax requirements
  • Implementation of project management or user acceptance test

    • Knowledge, Skills and Abilities :

  • Good analytical, Interpersonal skills and communication skills, with cross-functional stakeholders
  • Maintain a high level of accuracy & attention to detail, and result orientated
  • Good planning & organizing, problem-solving, and analysis skills
  • Pro-active, collaborative and positive attitude even in changing environments
  • Ability to manage, align, motivate, coach and develop direct and indirect reports
  • Understand the business process
  • Understand the government compliance processes,
  • ability to think strategically and influence others
  • Ability to multi-tasks under pressure and tight deadlines
  • The highest sense of responsibility and personal integrity
  • Good team player and work independently, assertive and good follow through
  • Willing to travel when necessary
  • Good command of English and fluent local language
  • IT Skills:
  • Outlook: Intermediate
  • Word: Advanced
  • Excel: Advanced
  • PowerPoint: Advanced

    • Requisite Education and Experience / Minimum Qualifications:

  • Professional Accounting qualification or Bachelor's Degree in Accounting
  • Minimum 5 years in audit, taxation, and commercial environment with 3 years in a managerial capacity, preferable member of MIA/CPA
  • Familiar with local and International Accounting Standards and Tax regulations
  • Working knowledge in handling full set of accounts; Strong knowledge of taxation; direct and indirect tax e.g. withholding tax
  • Preferable experience in the sport or clothing industry