Sr. Analyst, Distribution APAC

Company profile:

Functional Forms offers high quality, market leading, engineered thermoplastic sheet and film LEXAN™ branded products across diverse industries, ranging from building and construction to consumer electronics. We focus on research and development with commercial partners and experts from leading academic institutions. Together we bring improvements that help customers make the world better, faster, lighter, and cost effective in ways that also protect the environment. We have an extensive global presence with about 700 employees, 9 manufacturing sites and presence in 19 countries.

Functional Forms looks to transform in the coming year therefore we seek people who have an entrepreneurial spirit and business wisdom. Individuals who thrive in a collaborative environment with clear responsibilities, focused on process improvement, building/growing and with a business start-up mindset will be successful. This journey is just getting started and we need your help!

 

 

Job Purpose

As Sr. Analyst Accounting, you are responsible the LRD’s in the APAC region and the Sales office in Malaysia, providing insight in the legal entities’ Balance Sheet, P&L and Cash Flow towards GL’s internal and external stakeholders. For this you will be involved in executing period end activities, ensuring uninterrupted processes in accordance with policies and procedures, preparing and analyzing (statutory- and other) financial statements, supporting audit when requested and filing requirements.

 

 

Primary Responsibilities

  • Accounting
    • Execute monthly, quarterly and year-end closing of the legal entities you are responsible for, in accordance with accounting practices and procedures. This includes analyzing legal entity balances, account reconciliations, creating postings (e.g. accruals, equity, investments and indirect tax), clearing intermediate accounts, corporate income tax calculation and posting and legal entity reporting.
    • Regional coordination of period end close
    • Intercompany Profit Elimination, NRV
    • Inventory analysis & reporting coordination
    • Payroll accounting and bank accounting
    • Initiate, develop and deliver financial steering information (reporting of financials and non-financials) to stakeholders.
    • Create statutory financial statements for the legal entities.
    • Support external reporting requirement / deliverables.
    • Support business and manage rebate accounting for the respective legal entities
    • Drive improvement, simplification, standardization and digitization of General Ledger related processes & procedures (and align within the region).
    • Keep Knowledge Management documentation (processes, procedures and work instructions) up-to-date and pro-actively share knowledge with colleagues.

 

  • Accounts Payables
    • Perform AP Invoice and Payment postings for trade/non trade vendors, customer payments and petty cash to ensure timely
    • Identify areas to strengthen internal control procedure in Accounts payable, balancing controllership and operation efficiency & invoice posting quality

 

  • Account Reconciliation
    • On time perform P2P account reconciliations after month end closing
    • Review monthly AP Aging Report and aged Accrued Accounts Payable, i.e., receipts of goods without invoice, to identify the root cause.
    • Follow SOP/guideline to conduct analysis to support efficiency, compliance
    • Timely taking action to follow up (long) aged items, proactive to communicate stakeholder to resolve issue
    • Communicate analysis result and proposed action with Head of Regional Finance to improve standardization
    • Drive process improvement for operational excellence
    • Support & Maintain a Quality checks & controlling tools for various area such as, Withholding Tax, three way matching, etc.

 

  • GST Tax – Fully understand tax regulation to ensure timely and accurately
    • Follow Tax guideline to post invoice and comply with tax regulation.
    • Follow the alignment with tax operation and global tax team on needed operation steps/subsequent controls, ensure the quality and timeliness of the indirect tax \withholding tax processing embedded in the payment process.

 

  • Reporting
    • Participate in the annual financial audit preparation.
    • Statutory reporting – Review quarterly GST submission
    • KPI calculation and reporting
    • Balance confirmation and feedback upon request

 

 

 

Requirements:

  • Education & Training
    • At least a Bachelor degree in Finance & Accounting and/or related fields or equivalent work experience

 

  • Experience
    • 3 to 6 years of relevant working experience in Finance & Accounting.
    • Knowledge of standard accounting practices (IFRS/Local GAAP).

 

  • Competencies
    • Pro-active mindset and ability to operate both independently and as a team member.
    • Solid understanding of accounting and reporting processes and systems, strong preference for SAP knowledge.
    • Strong communication and networking skills and able to build up a solid network and exercise positive influence in the organization.
    • Able to see through processes quickly, identify opportunities for improvement and act as a change agent to convert those opportunities into tangible action.

Fluent in business English and preferable one or more local languages related to the LRD’s