Site Controller

Reporting to the VP Corporate Controller, the Malaysian Site Controller will build an effective control environment and foster a quality-based culture. The goal is to deliver accurate, timely and compliant regulatory, tax, financial and management reporting and analysis for the Malaysia site. The candidate will oversee consolidation, general ledger, accounts receivable, accounts payable and accruals, account reconciliations, fixed assets, direct and indirect taxes, internal management reporting, etc. Designs operational procedures and processes that meet audit standards and improve efficiency. Ensures integration of data produced into systems and supports objectives of financial analysts. Ensures the accurate compilation, analysis and reporting of accounting data. Lead annual audits, quarterly reviews and special projects. This position involves significant interaction with the Corporate HQ accounting team, finance staff, and process owners in other functions. Ensures proper recordkeeping for document retention. Hires, develops, and evaluates personnel to ensure the efficient operation of the function.

Essential Duties and Responsibilities:

1. Month-End Close Management: Lead and manage the month-end close process, reviewing full legal entity transactions, including revenue and cost accounting, accounts payable, general ledger, P&L, balance sheet, accruals, and flux analysis for Asia Pacific countries.
2. Financial Reporting: Ensure the timely preparation of reporting packages and financial statements in accordance with US GAAP and MFRS.
3. Ensure timely and accurate financial reporting in compliance with local regulatory requirements and company policies.
4. Prepare monthly, quarterly, and annual financial statements for management review.
5. Coordinate with external auditors for the quarterly review and annual audit process.
6. Tax and Regulatory Compliance: Oversee country tax and regulatory compliance, ensuring adherence to regulations.
7. Manage all tax-related matters, including corporate income tax, SST, and other applicable taxes.
8. Ensure timely submission of tax returns and compliance with tax laws and regulations.
9. Supervise and own up to the PENJANA tax and operation compliance reporting procedure.
10. Coordinate with Malaysia GM on various transactions as well as supervise License Manufacturing and Warehouse (LMW) compliance.
11. Optimize tax strategies to minimize the company's tax liabilities while ensuring compliance with legal requirements.
12. Participate global Intercompany transfer pricing reporting in local.
13. Manage local Tax consulting firms to provide company high quality tax reporting and planning result.
14. Audit and Compliance: Manage internal audits, SOX compliance, and risk mitigation, as well as external audits.
15. Stay updated on changes in local financial regulations and ensure compliance with statutory requirements.
16. Implement internal controls to mitigate financial risks and safeguard company assets.
17. Work closely with legal counsel to address any legal or regulatory issues affecting financial operations.
18. Treasury and Cash Management: Oversee cash flow planning and ensure adequate liquidity for operational needs.
19. Monitor banking activities and maintain relationships with financial institutions, supervise Intercompany fund transfer.
20. Implement cash management policies to optimize cash utilization and maximize returns on surplus funds.
21. Business Support: Provide support to Go-to-Market, operational, and functional department heads to identify cost drivers and achieve P&L targets.
22. Financial Analysis: Conduct flux analysis on actuals vs. budgets and provide financial insights for business decisions.
23. Revenue Accounting: Oversee revenue accounting, billing, and revenue operations.
24. Outsource Management: Lead and manage outsourced service providers on accounting, tax, and regulatory compliance.
25. Policy Guidance: Provide guidance to business stakeholders on policies and procedures.
26. Stakeholder Collaboration: Work closely with senior management, finance teams, and business stakeholders in Malaysia and globally.
27. Process Improvement: Lead and implement improvements to streamline, standardize, scale, and automate processes, procedures, and controls.
28. Team Mentorship: Act as a subject matter expert to mentor and nurture a growing team of accountants.

Qualifications:

• Degree in Accounting or equivalent; CPA, CIMA, CA, or ACCA certification added advantage.
• 15-20 years of experience, with at least 5 years in a Big 4 accounting firm and at least 8 years in leadership position in a complex, multi-country global organization.
• Fluent written and verbal communication skills in English (Mandarin is a plus).
• Hardware manufacturing industry experience and knowledge.
• Experience managing internal and outsourced teams.
• Strong understanding of accounting outcomes and ability to explain accounting treatment.
• Proficiency in US GAAP and MFRS, with experience in preparing financial statements.
• Knowledge of tax compliance and familiarity with local tax laws and statutory requirements in Asia Pacific countries.
• Strong business acumen and FP&A business support experience, with the ability to translate financial numbers into business insights.
• Excellent interpersonal skills, with the ability to work effectively in a team-oriented environment across different countries and cultures.
• Ability to manage multiple and shifting priorities in a dynamic environment.
• High level of integrity, ethics, and professionalism.