Build your Career with an Industry Leader at our Shared Services Centre in 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 & Lease Accounting
Ensure compliance with US GAAP, IFRS 16 / ASC 842 (lease accounting) and in-country statutory requirements for fixed asset and leases maintenance and processing.
Develop familiarity with company accounting policies and all relevant GAAP, lease accounting standards, and tax laws/regulations.
Assist with the migration of fixed asset and lease accounting tasks from local business units to the shared service center as needed.
Record fixed asset movements and lease transactions (new leases, modifications, terminations, remeasurements) in the accounting system promptly, adhering to service level agreements.
Maintain authorized Approval for Expenditure (AFE) for all capital expenditures (CAPEX) and ensure proper documentation for lease contracts and approvals.
Account for Right-of-Use (ROU) assets and lease liabilities, including initial recognition and subsequent measurement.
Ensure all supporting documentation for fixed asset and lease transactions is complete, properly maintained, and accurately filed.
Month-End Close
Ensure timely completion of depreciation (fixed assets) and amortization of ROU assets, as well as lease liability interest accretion, in accordance with service level agreements.
Prepare and post lease-related journals, including lease payments, accruals, remeasurements, and modifications.
Collaborate with the Local Controller to ensure timely closure of fixed assets and lease 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 lease accounting requirements.
Ensure timely, accurate, and complete updates in the monthly FCCS 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 (AUC) and lease data to ensure timely capitalization and lease commencement recognition.
Prepare comprehensive quarterly US GAAP fixed asset reconciliations between FCCS balances and Fixed Asset Summary Reports.
Support lease disclosures (e.g., maturity analysis, weighted average lease term/discount rate) for financial reporting
Support the audit process by managing expectations, providing schedules and delivering documentation in a timely manner.
Continuous Improvement
Contribute to the development and implementation of process improvement in the Fixed Asset function in the Company.
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
Minimum 2-3 years of experience in accounting, finance or audit.
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.
For over a century, Multi-Color Corporation (MCC) has crafted premium labels for the world's most iconic and recognizable brands. Our labels elevate emotional connections with consumers and help brands stand out in competitive markets. Honoring our rich history as a market leader, we focus on the future by developing sustainable packaging solutions and consumer-driven innovations.
MCC combines global reach with the personalized touch of local service through our network of facilities across 25+ countries. More than 12,000 teammates come together to make our industry-leading work possible and bring our True Colors to life. Join us at MCC, where every product is Labeled with Care. Learn more at www.mcclabel.com.
If you need assistance or an accommodation in applying, please contact our Human Resources Department at [Confidential Information].
Multi-Color is committed to providing equal employment opportunities and prohibits discrimination based on race, color, religion, sex, national origin, age, disability, veteran status, or any other protected characteristic under applicable law.
