Executive, Finance (Fixed Assets)

Avery Dennison (NYSE: AVY) is a global materials science company specializing in the design and manufacture of a wide variety of labeling and functional materials. The company’s products, which are used in nearly every major industry, include pressure-sensitive materials for labels and graphic applications; tapes and other bonding solutions for industrial, medical, and retail applications; tags, labels and embellishments for apparel; and radio frequency identification (RFID) solutions serving retail apparel and other markets. Headquartered in Mentor, Ohio, USA, the company employs approximately 36,000 employees in over 50 countries. Learn more at www.averydennison.com.

ABOUT AVERY DENNISON SMARTRAC:

Built on a legacy of innovation and materials science, Avery Dennison has embarked on a new era of opportunity. This is an opportunity to take the functional and traditional label and enable it with digital technologies that can give every item a unique digital identity and digital life.

This “intelligence applied” technology has the capability to enable a world of connected everything. A world where the 'who, what and where' of every physical, become points of irrefutable fact and absolute visibility. Provenance, authenticity, sourcing, history, real-time location; guaranteed for businesses and consumers throughout the entire supply chain and all the way to the home. At its most simple, a company with a legacy in “making labels” becomes a category-leading technology company making the Internet of Things a positive, transformative, world-wide reality for all of us. The label has always told us something about the product. Now it can tell us everything.

In February 2020, Avery Dennison acquired Smartrac, a leading manufacturer of RFID products. Integrated within the Intelligent Labels business, we view our combined potential as limitless. Collectively, our deep industry knowledge and expertise in technology and innovation, R&D, quality and service serve to drive RFID and technology adoption across multiple industries. By standing on the shoulders of today, we walk taller into tomorrow - and we take those steps together, as pioneers, in a future we may share and positively determine. And we want you to be part of our journey!

Job Description

• In charge of identification, recording, valuation, accounting, reporting and timely capitalization of capital projects.
• To create and monitor a system of controls, procedures, and forms for the recordation of fixed assets.
• Updating fixed assets in compliance with company policy and accounting. Assigning tag numbers to fixed assets.
• To record fixed asset acquisitions and dispositions in the accounting system.
• Tracking the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed.
• Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.
• To calculate, validate depreciation calculation for all fixed assets with providing the analysis.
• Investigating the potential obsolescence of fixed assets.
• Conducting periodic impairment reviews for intangible assets.
• Conducting periodic physical counts of fixed assets.
• Supporting month-end closing process in fixed assets related matters.
• To prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
• Tracking company expenditures for fixed assets in comparison to the capital budget and management authorizations.

Qualifications

• At least Bachelor's Degree in Finance, Accountancy or equivalent.

• At least 2 years of working experience in account receivable, preferably in a manufacturing environment.

• Experience in Oracle in a manufacturing environment will have an added advantage.

• Strong data analysis skill and detail oriented.

• Self-initiative and motivated and is adaptive to changes and demand.

• Good communication skills and fluent communication and writing in English and Bahasa Malaysia.

Additional Information

All your information will be kept confidential according to EEO guidelines.