Finance Manager, SEA & Global Accounting

Position Responsibilities:

The incumbent will be given opportunity to manage the core accounting and controllership activities for SEA wide regions and Global Overheads as well as managing a variety of key cross departmental projects. This role require mixtures of excellent technical skills plus ability and mindset to communicate with and business partner with various commercial and functional stakeholders

Principal Duties:

Accounting / Reporting

• Direct the activities of the General accounting function and KL Overheads SSC staff as applicable
• Ensure production of timely and accurate monthly management reporting as well as perform detailed review of the monthly reports and supplemental reports. This includes review of all GL accounts and timely signoff in Balance sheet reconciliation details
• Ensure compliance with IFRS, Clarks Group Accounting & Finance policy and local regulations including alignment of GL used, revenue and cost timing, and consistency of treatment of store costs and P&L reporting
• Support monthly, half year and year-end Group reporting to parent, ensure close deadlines are met
• Prepare GST filing where applicable and work with external advisors on the preparation of corporate tax reporting for Malaysia and Singapore entities
• Prepare annual statutory financial reporting packs for Malaysia and Singapore entities including year-end adjustments and ensure correctly recorded in SAP
• Take lead in annual audit of Malaysia and Singapore entities, manage relationship with auditors and work with financial accounting and inventory teams in the UK to complete within required deadlines
• Support Group audit and respond to queries from group auditors as required
• Prepare annual statutory financial statements for the Clarks Malaysia and Clarks Singapore legal entities
• Maintain a complete filing system of all financial related documents

Revenue and Accounts Receivable

Revenue and Accounts Receivable

• Own store sales

              - Ensure accuracy of sales reconciliation and discrepancies investigation

• Concession sales

              - Perform reconciliation of sales between SAP and statement of accounts from 

                 department stores

              - Resolves discrepancies and advises Customers Service Administration on

                 correction entries

              - Ensure concession invoices (TLC) billings are issued promptly

• Process DNs from customers and issuance of Billing Requests
• Prepare and submit own retail/outlet stores’ monthly Gross Turnover to landlords

Team Management

• Coach and mentor direct reports
• Oversee direct reports’ work

Others

• Establish effective processes to ensure critical financial reporting deadlines are met and regular interpretation, analysis and presentation of operational data can be carried out timely
• Arrangement and coordination of rental, installation and returns of terminals for warehouse sales events and stores
• Coordinate to establishment and amendment of local SOPs in connection with safeguarding the Company’s assets and resources against waste, fraud, and inefficiency
• Undertakes other ad hoc projects and responsibilities assigned

Key Outputs/Results:

Accounting / Reporting

• Ensure day to day Financial operational task activities are duly executed without any disruption to business
• Accurate and timely month end Financial Statements in line with accounting standards and group accounting policies
• Accurate Financials submission for Statutory reporting (Corporate Tax /GST returns/Financial Statements)
• All balance sheet schedules are up to date and properly filed. Ownership reports are submitted to UK every month

Accounts Receivables

• Stores sales are recorded in the correct cost centers and accounting periods
• Concession sales recorded in the correct period
• Process DNs from customers and billing requests sent to Billing team on or before the monthly deadline

Others

• Timely submission of monthly Gross Turnovers to landlords
• NETS and credit card terminals are in place with before warehouse sales events and own retail/outlet stores opening
• POs are raised in accordance with Group payment policy
• Coach and train new joiners on SAP POs issuance and goods receipts

Resource Accountabilities:

Financial (Direct and Indirect):

Indirect portion of:

• P&L actuals accuracy
• Balance sheet details ownership
• GL maintenance

People

• (FTE – Direct and Indirect): 2

Other Measures

• (e.g. Revenue/Equipment/Property): N/a

Key Relationships:

• Group Director of External Reporting and Accounting
• VP finance of SEA
• Local HOD or Regional Functional heads
• UK Tax / Treasury / Financial Accounting teams
• SSC Overheads team (UK and KL)
• UK Stock controller / UK Inventory Accounting team
• 3rd party service provider (3PL Tasco/Yusen/ Company secretary)
• APAC Supply chain logistic team
• Product finance /Range tracker team

What you’ll need to succeed

Essential Knowledge:

• Professional qualified in ACCA or CIMA
• IFRS
• Internal Controls

Technical Skills:

• SAP or similar ERP essential
• Have experience in preparing Corporate Tax and GST returns
• Computer literate (Microsoft office application – Excel , PowerBI)
• Able to communicate effectively and fluently in English both written & spoken
• Good interpersonal skills. Able to deal with people at senior level (HOD) in a professional way
• Time management and prioritisation

Successful Experience:

• Have managerial role with hands on working experience at least 5 years
• Worked within SAP environment and understand process and procedure controls of a MNC background
• Have prior working experienced in highly matrix set -up organisation and collaborate well across teams
• Preparation of statutory Financial Statements
• Proven to work under tight deadlines to complete projects/ assignment

Competencies:

• Team player
• Focus on accuracy and Quality
• High integrity
• Meticulous
• Good interpersonal skills and ability to build rapport and lasting network relationship
• Ability to meet deadlines
• Highly driven with desire to take on more and develop your career
• Proactive, good organizational and coordination skills
• Independent and resourceful