Job Description

POSITION SUMMARY:

This position is responsible for the Cost Accounting & Inventory of our Malaysia operations and report to the Finance Manager in Malaysia.

RESPONSIBILITIES: * Ensure inventory accuracy, identifying control weaknesses in daily inventory processes starting from Placing PO, Receiving, Put Away, Kitting, Scrap, FG, Completion and Shipping.

• Driving MRB Inventory Review
• Review of the different Inventory related processes and identify rooms for Improvements and driving corrective actions. This should include but not limited to the following:

o ICPO Process

o Receiving and Put Away

o Kitting Process

o Scrap Process

o WIP Issuance and FG Completion * Support inventory control such as cycle count and annual physical inventory count.

• Partnering with operations, product groups, planning, Inventory team and logistics on inventory management, planning, procurement, and cost optimization.
• Support on Global inventory related reporting and analysis.
• Review half-yearly Standard Cost update to revalue the inventory impact.
• Setting standard costs in the system which include planning, studying and collecting data to determine the standards/rates, perform analysis of standard costing and maintenance of standard cost system for plant operation.
• Support all financial initiatives to drive growth and compliance from time to time.
• Responsible for prompt and accurate recording of inventory related activities such as E&O analysis, scrap analysis, write-off, inventory revaluation, month-end close process to be consistent with corporate policies, GAAP and local statutory requirements.
• Provide ad-hoc assistance to improve cost savings or process improvements, or any ad-hoc duties as assigned.
• Prepare and record GL journal entries.
• Accounts reconciliation and analysis.
• Involved in S4Hana on Inventory related.
• Maintain sound documentation system to support audit requirements.
• Liaise with auditors & tax agent and support on inventory queries
• Responsible for procedures and policies for cost accounting and inventory.
• Adhere to organizational requirements on quality management, health and safety, code of conduct, legal stipulations, environmental, 5S policies and general duty of care

WORK ENVIRONMENT

• Works in a standard office environment and uses general office equipment (phone, PC, copier, fax machine etc.).
• Need responsible to respond to emergency finance-related situations.
• Works under limited supervision.

QUALIFICATIONS:

• Ability to perform accounts reconciliation.
• Willingness to learn and ability to meet deadlines.
• Action orientated. Results focused. Proactive and highly adaptable.
• Ability to manage change sensitively and in a collaborative manner.
• Attention to detail with strong organizational skills.
• Possess an analytical mindset, ability to recognize issues within process while considering functional inter-dependencies, and propose solutions.
• Proven communications skills with internal and external stakeholders.
• Strong team-player with experience working in a dynamic organization and demonstrated ability to build bridges between stakeholders.

• Demonstrate agility and flexibility to maneuver ad hoc tasks/projects/challenges.
• Ability to utilize Microsoft Office Suite at moderate to high-level of proficiency.
• Fluency in English & Malay.

EXPERIENCE:

Essential:

• Minimum five (5) years of progressive accounting experience in Inventory areas in multi-national corporation within a manufacturing environment.
• Possess knowledge of SOX, US GAAP and Malaysia FRS.

Desirable:

• Previous financial accounting / compliance experience in a high tech or global company.
• Prio experience with an Integrated ERP System - SAP preferred.

EDUCATION:

Essential:

• Bachelor\'s degree in Accounting.

Desirable:

• CIMA / ACCA / CPA or similar designation.
• MBA is a plus.

OTHERS:
Applicants must be willing to work in Penang Science Park, Simpang Ampat.

BENEFITS:

As part of our total rewards philosophy, we believe in offering and maintaining competitive compensation and benefits programs for our employee to attract and retain a talented, highly engaged workforce.

Our compensation programs are focused on equitable, fair pay practices including market-based base pay, an annual pay-for-performance incentive plan, and etc.

In addition to our competitive compensation practices, AE offer a strong benefits package in each of the countries in which we operate. In Malaysia, we offer a rich benefits package for employee that includes:

• Medical - health care plan, dental, and vision.

• Short and long-term disability and life insurance.

• Executive Employee Health Screening package.

• Generous paid time off starting at 15days and 19 public holidays.

• 98 days of paid maternity leave for Moms and 7 consecutive working days of paid paternity leave for Dads.

• AE Child-Of-Employee Scholarship Program.

• Employee Referral Program.

• Career Growth and Learning Opportunity.

Advanced Energy