About Us
Fast Retailing is a global company that operates multiple fashion brands including UNIQLO, GU, Theory, Princess Tam Tam and Comptoir des Cotonniers. With a corporate statement committed to changing clothes, changing conventional wisdom and change the world, Fast Retailing is dedicated to creating unique value to enrich the lives of people everywhere.
At Fast Retailing, we aim to become a company that is the first, and the best, in the world one that achieves what the world has never seen before and contributes to society in a meaningful way.
If we can change what we do, one task at a time and on a daily basis, this in turn will surely change the world, even if step by step. So, if you have courage to change, and are aspired to take the first step, then join our team. Help us to reinvent everything at Fast Retailing.
We are committed to live together with the times to make our world better. We are determined to grow and prosper, together with you.
Job Summary
We are looking for Record-To-Report (RTR) Operation Senior Analyst to join our growing Global Business Services (GBS) based in Petaling Jaya, Malaysia. The successful candidate will be responsible for managing the delivery of end-to-end RTR scopes in more than 18 countries (Japan, Greater China, Hong Kong, Taiwan, Korea, Singapore, Australia, Malaysia, Thailand, Indonesia, India, Vietnam, Philippines, Europe, North America, Canada, Bangladesh).
The RTR scopes covering operation transactional processing and closing activities which including analysis and reconciliation. This is governed under three main key process which is Inter-Company (Recharges expenses, Reconciliation and Aging Management), Fixed Asset (Master Data, Capitalization, Disposals, Closing, Reconciliation and Aging Management), and General Ledger (Accruals, Prepayments, Cost Allocation, Closing, Analysis and Reconciliation).
This position is essential in the RTR management process to provide consistent, efficient, effective, and quality deliverables of the operation, enforcement of accounting standards and global process design, compliance to company policies and procedures, and achievement to operational performance KPIs set.
Key Responsibilities
Business Engagement
- Work with Operation Manager, Global Process Manager and Performance Improvement Team on regular end to end process review to identify process changes and improvements as necessary to improve performance and efficiency.
- Report to and work with Team Lead as well as other internal stakeholders such as Global Headquarter, Local Management and Line of Businesses
Operations
- Analyze and clarify aged and outstanding items with follow-up action to ensure timely clearance, always monitor and track the movement to keep the account clean and up-to-date. Discuss and agree finding with stakeholders for operation process improvement and preventive control.
- Maintain Master Data, Prepare Journals, Reconciliation Reports, Accounting Analysis report to ensure completeness and accuracy of transactions, and in accordance to the requirements stipulated in the process handbook/desktop procedure(DTP)/Closing Cockpit (i.e. timelines, quality checklist, etc.)
- Ensure closing activities are carried out effectively and efficiently adhering to the relevant closing schedule, no deviations from standard procedures and if deviations are necessary due to business requirements, there must be proper documentation and agreement obtained.
- Compliance to internal control, accounting standards and company procedures to ensure integrity of financial information.
- Main point of contact within the team to provide expert advice on SAP technical and business processes within the regime of RTR.
- Actively involved in issue management (within process and/or cross-process) and perform root cause analysis. Drive active discussion with stakeholders on the finding and action for improvement.
- Developing and reviewing work procedures and document flows to seek areas of improvements.
- Identify areas for continuous improvement within RTR regime that drive productivity and strengthen control whilst support in driving process improvement and standardization.
- Manage the performance and efficiency of the RTR function through regular KPI performance review, and drive actions to improve operational performance KPI.
- Understand the systems and tools to derive the desired business results and work closely with IT/SAP/Other functions to drive process automation.
- Participate in multiple projects and finance initiatives and successful implementation within the set timeframe and budget.
Team Development
- Responsible to onboard new team member to ensure effective knowledge transfer / handover process within the team to meet team's objective.
- Embed continuous improvement mindset across the team, leading /supporting team member in completing improvement initiatives to improve processes within the remit of team.
Skills and Qualifications
- Minimum qualifications: Advance Diploma/Degree in Accounting/Finance/Business or CPA/MIA equivalent
- Minimum 3 years of relevant practical working experience in Accounting/Finance or SSC with proven strong working experience in RTR area
- Proficiency in financial/accounting tools (SAP HANA/ COUPA/ SAP FIORI/ Business Intelligence SAP Analytics/Cadency/Blackline/Lucernex) and other operation systems (MS/Google Office, SNOW, Power BI, Power Query, Tableu, Google Looker, Concur, etc).
- Strong analytical skills with the ability to communicate observations effectively, high attention to detail and accuracy.
- Good communication skills, both verbal and written in English and other language i.e. Mandarin.
- Able to work professionally and collaboratively with wide range of stakeholders both internal and external.
- Ability to interpret and apply professional accounting standards and principles such as IFRS.
- Ability to prepare, analyze and interpret the accounting analysis or investigation, and root cause to support business decision making.
- Ability to handle migration and improvement projects/initiatives (both local and global)
- Experience in process modelling/documentation
- Strong problem-solving skills and proactively explore opportunities to enhance and improve processes.
Location
Lot 5.02, Level 5, 1 First Avenue, Bandar Utama, 47800 Petaling Jaya, Selangor Darul Ehsan, Malaysia.
