Job Objectives:

·         Prepare and maintain accounting records in compliance with  corporate policy and statutory requirements

·         Optimize the organization’s investment in working capital and fixed assets

·         Complete internal and external reporting on a timely and accurate basis. Analyze financial results to highlight variance from plan.

Main Tasks and Accountabilities:

1.     Financial Accounting and Reporting

·         Prepare and maintain the general ledger as per Mattel’s accounting policy and statutory requirements

·         Coordinate and complete the month-end closing and submission as per corporate reporting datelines

• Prepare the required month end journals for accrual of customers growth rebate, defective returns, royalty, logistic costs, inventory shrinkage and obsolesce, A&P, etc
• Financial data upload to HFM
• Ensure data in HFM in agreement with general ledger
• Complete the Monthly, Quarterly, and Yearly Financial Reporting Package accurately and timely
• Complete the internal management reporting package on a timely basis and to discuss with management on the financial position relative to plan and highlight variance from plan
• Prepare the monthly Flash Report

·         All asset and liabilities accounts are accurately reconciled on a monthly basis, including inter-company reconciliation

·         Accurate and timely preparation of the necessary schedules and information as required by audit, tax and other statutory reporting and ensure timely filing with the relevant statutory bodies

·         Review VAT and WHT reporting to ensure its accuracy and completeness

·         VAT and WHT reconciliation review

·         Ensure timely submission of CITR and Transfer Pricing to the tax authority

·         Regulatory reporting of  LLD, LKPM, KPPK, SIUL, LKTP

2.     Working Capital & Fixed Assets Management

• Ensure all vendors’ invoices are approved and coded correctly, and updated into the system accurately and timely
• Ensure inventory records are updated with all movements and necessary adjustments on a timely basis
• Perform monthly inventory reconciliation of ISIS vs GL
• Coordinate with Logistics to ensure inventory data integrity through periodical reconciliation and cycle count  of physical inventory
• Prepare aging analysis on accounts receivables, take appropriate actions to resolve any overdue accounts  and promptly resolve any discrepancy noted

·         To conduct credit checking and evaluation on direct customers

·         Oversee the processing and correctness of invoices, DN, CN, etc.

·         Timely and accurate application of customer receipts

·         Monthly evaluation of credit risk and prepare the provision for doubtful debts

·         Monthly AR aging reporting

·         Ensure all fixed assets are recorded and depreciated as per Mattel’s accounting policy

3.     Financial Planning

·         To prepare a financial plan and forecast on SG&A, sales adjustments, Accounts Receivables and Cash Flows

4.     System and Processes Management   

·       Ensure all key internal controls procedures are continue in force

·       Ensure the systems effectively and accurately report financial results and/or recommend system development requirements and opportunities