Overview

Chief Accounting Officer Jobs in Puchong, Selangor, Malaysia at Mercedes-Benz Malaysia

Title: Chief Accounting Officer

Company: Mercedes-Benz Malaysia

Location: Puchong, Selangor, Malaysia

You are on a mission: Drive Financial Excellence with Mercedes-Benz Services Malaysia!

As a part of one of the most prominent captive financial services providers, we are not just offering a job, but a passage to unparalleled professional growth. We are on the lookout for passionate, driven individuals who are ready to accelerate their careers and shape the future of mobility.

At Mercedes-Benz, you'll find more than a role; you'll discover a calling where your work reverberates with excellence and propels the industry forward. If you're ready to drive into a world of opportunity, Mercedes-Benz Services Malaysia is your destination.

Here's the role at a glance that might be beneficial for you to know:

  • Overall responsibility for the end-to-end finance operations and reporting for Mercedes-Benz Malaysia (MBMy) and Mercedes-Benz Financial Services Malaysia (MBFS My), incl. Mercedes-Benz Financial Services Singapore (MBFS Sg) and all related legal entities.
  • Lead the integrated accounting and financial reporting function for MBMy, MBFS My and MBFS Sg and manage the dedicated FO accounting teams in Malaysia as well as at Mercedes-Benz Group Services Philippines (MBGSP).
  • Ensure accuracy, integrity, and timeliness of accounting records and financial reporting in compliance with internal policies, accounting standards, and tax laws.
  • Oversee the accounts receivables and payables management in collaboration with the respective teams at MBGSP.
  • Continuously optimize accounting, financial operations and reporting procedures with regards to efficiency, effectiveness, and accuracy.
  • Manage statutory audits, internal audits, and further accounting related requests.

Job Task

(1) Financial Oversight:

  • Lead and ensure accuracy, integrity, and timely presentation of all financial reports, general ledgers, and accounting records for all legal entities.
  • Ensure adherence of financial reports, general ledgers, and accounting records to internal policies, accounting standards (IFRS and local GAAP), and tax laws.
  • Review financial statements for relevant movements, follow-up on anomalies and strive for an optimization of financial key indicators.
  • Provide strategic financial insights and recommendations based on financial analysis and performance.

(2) Operational Excellence & Process Optimization:

  • Oversee and optimize the end-to-end accounting processes for GL and sub-ledgers, including Accounts Receivable (AR), Accounts Payable (AP), Fixed Assets, and Inventory.
  • Ensure accurate and timely statutory reporting, including tax reporting for the financial services entities.
  • Collaborate closely with external tax advisors to facilitate accurate and smooth submission of tax-related documents.
  • Champion continuous improvement initiatives, leveraging digitalization activities to enhance efficiency, productivity, and data-driven decision-making.
  • Continuously monitor and analyze industry trends, emerging technologies, and evolving regulatory landscapes to drive process optimization, ensure compliance, and identify strategic opportunities for finance operations.
  • Foster harmonization and streamlining of processes across the entities in line with the FO target operating model.
  • Monitor Key Performance Indicators (KPIs) for financial operations and drive performance to achieve set targets and benchmarks for excellence.
  • Optimize resource allocation and management for the finance operations function, ensuring compliance with budget and FTE targets.

(3) Stakeholder Engagement & Project Management:

  • Provide senior management and business leadership with transparent financial insights and strategic recommendations to optimize financial performance and support decision-making.
  • Collaborate and partner regularly with all relevant business functions on accounting-related matters, ensuring alignment and effective support for business objectives.
  • Coordinate and liaise regularly with HQ, FO, MBGSP, and other regional CAO functions to ensure global alignment, best practice sharing, and effective cross-functional collaboration.
  • Drive HQ and FO projects, specifically focusing on the harmonization and standardization of accounting procedures across all markets.
  • Lead the implementation of strategic projects and initiatives enhancing finance operations.
  • Actively represent financial aspects and provide expert financial input in company-wide strategic projects and initiatives.
  • Oversee the closure of the legal entity Mercedes-Benz Business Services.

(4) Compliance & Audit:

  • Ensure continuous compliance with applicable regulatory requirements, accounting standards, tax regulations and company policies and guidelines, and proactively adapt procedures, systems, and controls to reflect regulatory changes and evolving standards.
  • Maintain a robust Internal Controls System (ICS) and ensure the proper and timely performance of Internal Controls over Financial Reporting (ICFR) in line with group requirements.
  • Manage and coordinate internal and external audits (statutory, corporate, government, tax), including audit preparation, responding to inquiries, and ensuring timely resolution of findings.
  • Proactively identify, assess, and mitigate financial and compliance risks within the accounting operations, ensuring adequate risk mitigation strategies are in place.
  • Cultivate and embed a strong culture of integrity, ethical conduct, and compliance throughout the accounting function.

Team Leadership & Development:

  • Build, lead, and develop a high-performing, integrated FO team in Malaysia and the Philippines.
  • Drive the successful integration of the unified FO team across all legal entities, responsibilities, and business models, fostering synergy and collaboration.
  • Foster a performance-oriented culture by setting target agreements, promoting accountability, and conducting regular performance evaluations and feedback sessions.
  • Cultivate a culture of open communication and cooperation, facilitating effective collaboration among team members.
  • Ensure team members are well-equipped for their daily tasks and support continuous learning and professional growth for the team through training, mentorship, and on-the-job development opportunities, e.g. strategic projects.

Qualifications

Education level:

  • Bachelor's degree or higher in accounting, finance, or a related field
  • CPA or equivalent certification preferred
  • At least 8-10 years of relevant work experience in accounting
  • Experience in working in an international environment
  • Experience in process harmonization and projects
  • Experience in leading teams

Competencies

  • Strong knowledge of accounting principles, standards, and regulations (ICFR standards, Local / IFRS GAAP, tax and legislation etc.)
  • Excellent communications skills (verbal and written) in English, German, Bahasa Malaysia or other languages are of an added advantage
  • Strong compliance and solution-oriented mindset
  • Independent and self-driven personality with proven ability to foster and drive a high-performance culture
  • Ability to drive digital transformation and automation initiatives (e.g. Power BI)
  • Proficiency in financial software and tools (SAP Finance, Communication Tools, Reporting packages)
  • Exceptional interpersonal and intercultural skills, fostering collaboration and effective stakeholder management across diverse teams and regions

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