Job Description

Company Background: US MNC Position: Controller (Senior Level Management) Headcount: 1 Location: Bayan Lepas, Penang Tenure: Permanent SUMMARY OF RESPONSIBILITIES: Responsible for all managerial accounting related functions for the company production site within the Group, including: cost accounting, P&L management, spending control, internal control, and Corporate reporting requirements. Assures business unit compliance with the Sarbanes-Oxley Act Supervises staff. Provides hands on technical and general accounting guidance, maintains the integrity of financial reporting systems. Provides high quality financial reporting, meeting the management process standards. ESSENTIAL FUNCTIONS: Financial Reporting, Budgeting and Forecasting: - Prepares annual budgets and monthly forecasts consistent with the detailed financial reporting methodology for the Penang Factory Provides monthly detailed cost accounting information, accurate product cost in the ERP system Provide transparency in working capital management and control Responsible for meeting all monthly financial close deadlines and submitting accurate results to financial management Responsible for maintaining accurate books of record, compliant with Malaysian, US GAAP and the relevant accounting policies of Corporation. Provides monthly updates of the spending forecast. Reviews variances with business unit management Business Partnering and Financial Analysis Manages the quarterly revenue forecast, partnering with operations and order administration for all engaged Business units in the Fab. Partners with the business units and BPEN management to provide business insights into improving profitability and cash flow Provides required analytical financial data for Quarterly Business Reviews Supports operations with reporting on cost reduction initiatives .Develops inventory analysis data, supporting operations in optimizing inventory investments Provides timely response for ad hoc financial analyses as required, including gross margin analysis of pricing, product cost and mix Drives process improvement opportunities where required Compliance and Control: Supports SOX compliance with procedure documentation and testing Aligns with Regional finance on all closing activities and follows the relevant policies issued by the Corporation. Supports internal audit and year end external audit with prompt, accurate data ADDITIONAL RESPONSIBILITIES: Prepare and submit regulatory MIDA reports for governmental reviews and ensure compliance to MIDA tax incentive and training grants. Qualifications KNOWLEDGE, SKILLS, AND ABILITIES: Maintains high ethical standards, communicates material issues as they arise Thorough knowledge of financial and accounting practices and procedures. Working knowledge of the cost accounting, inventory reporting and controls Complete understanding of the monthly closing process, forecasting, and budgeting processes Understanding of the requirement (i.e., Sarbanes Oxley) and importance of strong of internal controls Strong verbal and written communication abilities, able to communicate effectively to all levels of the company Solid analytical and cost accounting skills with strong attention to detail Strong organizational, problem solving, and time management skills. Solid PC skills using, but not limited to, Microsoft Suite products Able to organize, coordinate, and direct projects. Solid SAP experience modules FI/CO is required, insights into MM module would be a plus. EDUCATIONAL/EXPERIENCE REQUIREMENTS: A Bachelor\'s Degree in Accounting or Finance is required, with a minimum of 10 years\' of experience. The experience must include at least 5 years of related management experience as a Controller in a manufacturing environment. A professional certification as a CPA or CMA or equivalent is preferred. Strong experience in cost accounting is required.

foundit