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Accountant

Accountant

L'OréalPetaling Jaya, Selangor, Malaysia
2 days ago
Job description

Overview

Who we are? Change is the DNA of L'Oréal; we are constantly leading the beauty industry to go beyond. In 1909, we began as a small store selling hair dye. Today, we have a portfolio of 36 international brands and a global presence in 150 countries.

At L'Oréal, there are 6 Zone Business Services Centers supporting the Group. Our L’Oréal Global Business Services aims to provide excellence in Finance Services, improve operational performance and processes, and deliver world-class Finance Services and processes while maintaining integrity. To transform this vision, we follow three mindset pillars : DO THE RIGHT THING, DO IT RIGHT AND DO IT BETTER. One center in Malaysia, BEST in KL (BEST stands for Business Expertise, Services & Technologies), provides financial services to 20+ markets for L’Oréal North Asia Region & SAPMENA Region.

Why join us?

L'Oréal Malaysia has been recognized as a Top Employer 2024 & 2025 by the Top Employers Institute.

What will you do?

  • General ledger and group consolidation reporting.
  • Coordinate accounting closing performed by Accenture.
  • Perform account reconciliations in the BSC scope and arrange balance sheet reviews for assigned countries with the head of accounting, country chief accountant, and country CFO.
  • Be a key contact of accounting for assigned countries in terms of provisions and consolidation reporting.
  • Improve accounting GL and reporting processes and work closely with the DEX team.
  • Be responsible for KPIs linked to GL and reporting for assigned countries.
  • Report directly to the Accounting Leader.

GL accounting

  • Prepare and post General Ledger entries according to Group requirements : provisions for risks and charges, journal entries for adjustments, etc.
  • Prepare and finalize Balance Sheet and trial balances for entities under scope.
  • Review variations in provisions.
  • Prepare account reconciliations and follow up actions to ensure balance sheet accuracy.
  • Arrange balance sheet reviews with country chief accountants and country CFOs for entities in charge.
  • Consolidation Reporting

  • Prepare and finalize CONSO reporting according to predefined schedules to ensure timely and quality package submission.
  • Responsible for quarterly closing and HRDC consolidation reporting for hard close in May and November.
  • Review consolidation reporting with country chief accountants and ensure issues are resolved timely.
  • Prepare other group reporting defined in BSC scope.
  • Be a key accounting contact with the group consolidation team for entities overseen.
  • Accounting Internal Control

  • Perform and ensure operational controls for General Ledger and Reporting, per TAP requirements.
  • Ensure legal requirements and IFRS standards are respected.
  • Provide quality service to countries.
  • Manage efficiency in communications with stakeholders in countries and the group for entities overseen.
  • Who We Are Looking For

  • Minimum of 7 years of work experience in accounting, including manager / supervisor roles.
  • Strong knowledge of IFRS accounting standards and regulations in Asia.
  • Solid knowledge of accounting processes and practices, and ERP (SAP) system.
  • Experience in managing a professional accounting team.
  • CPA or equivalent is a plus.
  • Experience in a multinational company or shared services organization strongly preferred.
  • Ability to manage complexity and dynamic business situations.
  • Seniority level : Not Applicable

    Employment type : Full-time

    Job function : Finance, Consulting, and Accounting / Auditing

    Industries : Manufacturing and Personal Care Product Manufacturing

    Location : Kuala Lumpur, Malaysia

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    Accountant • Petaling Jaya, Selangor, Malaysia

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