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MCC Label

Assistant Manager, Statutory Audit & Compliance

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Job Description

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

This role responsible for overseeing statutory audit processes for global entities, ensuring compliance with regulatory requirements and timely resolution of audit issues. Maintain audit and tax databases, reconcile statutory to management books, and support auditors throughout engagements. Drive process improvements, strengthen internal controls, and foster team development to deliver accurate reporting and continuous enhancements.

Job Descriptions:


Technical Focus

  • Maintain database of MCC entities subject to statutory audit and taxation, including relevant information.
  • Understand, track and report statutory audit requirements, propose process or control improvements to reduce occurrence of audit adjustments. Continuously assess and revisit issues raised by auditors to ensure appropriate resolution.
  • Monitor and ensure adherence to statutory audit filing timelines, proactively addressing potential delays and coordinating with relevant stakeholders to meet regulatory deadlines.
  • Ensure accuracy and compliance by reviewing reconciliations of statutory reports to financial statements prior to Corporate Accounting team approval and regulatory submission.
  • Ensure full adherence to document retention requirements by regulatory authorities in country of operations of business unit.
  • Contribute in finance discussions relating to statutory reporting, corporate reporting and consolidation.
  • Familiarise with US GAAP and SEC disclosure requirements continuously improve process of compiling and consolidating required data.
  • Keep up with latest developments in financial reporting and assess impact to MCC statutory reporting.
  • Manage and execute ad-hoc compliance projects identified.

Team Management Focus

  • Supervise and lead a team of accounting professionals in the function.
  • Assist Team Manager on team strategic planning and resources planning.
  • Provide training, guidance, and support to team members.
  • Work with relevant department to identify and define key performance indicators (KPI) that aligned with the Company's goals and objectives.
  • Responsible for establishing and monitoring relevant metrics to evaluate process efficiency, compliance, and team performance, ensuring alignment with Company's goals and continuous improvement initiatives.
  • Regular updates/ reporting to Team Manager on the work progress in the function.

Change Management & Continuous Improvement

  • Address and resolve issues related to discrepancies, errors, or other accounting-related challenges.
  • Identify opportunities for process improvements to enhance efficiency and productivity.
  • Ensure process improvements are executed within planned timeline and budget.
  • Collaborate with cross functional teams to manage process enhancements and optimization.
  • Drive standardization of communication process, resolve escalations promptly, and foster collaborative relationships between plants and MYSSC.
  • Lead development and implementation of positive change in the shared service processes in the Company.
  • Leverage on use of technology and implement cost-neutral process enhancements.
  • Monitor progress and status of each project in PIT Tracker.

Compliance and Internal Controls

  • Ensure full adherence to Company's accounting policies, processes, procedures, authorization levels, and SOX controls.
  • Ensure full adherence to document retention as per the requirement by regulatory authorities in the specific country of operations/ business units.
  • Develop and implement internal controls to safeguard Company's assets and ensure compliance with financial regulations.
  • Monitor and evaluate the effectiveness of existing 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.

Job Requirements:

  • Minimum 7-10 years working experience in Statutory Audit, with minimum of 3 years of experience in managing a team.
  • Strong Statutory Reporting knowledge with in-depth knowledge of legal/regulatory requirements.
  • Degree in Accounting/Finance or equivalent with professional qualifications (ACCA/CPA/MIA).
  • Fluent in both spoken and written English.
  • Strong analytical and problem-solving skills to identify the root cause of issues and implement corrective actions.
  • Independent, strong interpersonal and communication skills.
  • 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.

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About Company

Job ID: 139401645

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