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Commercial Accountant

Commercial Accountant

The Edge Partnership - The Edge in AsiaKuala Lumpur, Kuala Lumpur, Malaysia
13 hours ago
Job description

Overview

Direct message the job poster from The Edge Partnership - The Edge in Asia. The Edge is a family-owned Australian company founded in 1948 that specializes in paper and board packaging. Supplying a wide range of products to the food service, retail, grocery, and industrial sectors, the company produces thousands of items such as cups, trays, bags, and cartons through its seven manufacturing facilities across multiple countries. With a strong focus on sustainability, they are committed to using ethically sourced materials and ensuring its packaging is reusable, recyclable, or compostable.

About the Role

To ensure commercial analysis and recommendations are provided to the Malaysia Sales entities to drive business improvements and support the Client’s growth and sustainability objectives.

To manage the cash flow and working capital of the business, ensuring the completion of all critical financial tasks, embedding practices, processes and cost controls that underpin a highly efficient, disciplined and cost-effective back office.

To ensure that all Group and Sales reporting requirements are submitted on time, ensuring data and insights provided are highly accurate, informative and efficient for management to rely on for decision-making purposes.

Responsibilities

  • Ensure the completion of all critical financial tasks, including month and year end processes, General Ledger and Balance Sheet reconciliations, and the production of Profit & Loss statements, assisting where required.
  • Ensure that all internal reporting requirements are accurately and diligently completed within allocated timeframes.
  • Responsible for working capital and cash flow management and forecasting with a focus on maintaining creditors and loan commitments within agreed terms.
  • Review Debtors regularly and ensure that administrative processes and procedures are in place to protect the business and reduce the risk of bad debts & cash collections are within agreed trading terms.
  • Critically review stock forecasts including new business, current holdings and aged / obsolete categories, and provide recommendations to ensure that inventory levels are maintained within budget & that aged stock 7 months+ has agreed clearance plan with the local sales team.
  • Ongoing management of quarterly Inventory Cost Rolls, review of PPV to ensure that all processes in place highlight variances and validate Group costs, including the validation of landing costs in Print IQ.
  • Review and manage the costs to serve of the Malaysia entity highlighting deviations to budget and opportunities to reduce costs and deliver an improved, cost-effective alternatives.
  • Partner with the Sales team and lead the commercial preparation and analysis of customer tenders. Review customer profitability and make recommendations to target optimum Return on Sales.
  • Work closely with Sales team on developing the “one” monthly financial & item forecast with all known movements / drivers detailed as supporting documentation and calculations.
  • Highlight any low margin categories and lines to Sales team and make recommendations based on known / researched market intelligence.
  • Play an active role in the negotiation of customer rebates and contracts, providing the relevant supporting commercial information and analysis in relation to FX, raw materials and freight movements.
  • Ensure compliance with all Government and Industry legislative requirements.
  • Maintain effective working relationships with external auditors and ensure timely compliance with audit requests and requirements.
  • Any other duties as assigned.

Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field, a CPA qualification is desirable.
  • At least 3-5 years audit / full set accounts experience, preferably with exposure to regional trading.
  • Demonstrable financial and commercial acumen combined with strong analytical skills, and the ability to derive insights from data.
  • Sound knowledge and understanding in financial reporting standards (FRS), local taxation requirements and any other relevant legislation.
  • Able to work independently with minimum supervision.
  • Detail-oriented, thorough, and highly precise. Works efficiently and thoroughly to provide high quality and reliable information.
  • Strong communicator, both verbally and in writing. Able to distill and communicate the necessary details and requirements succinctly and accurately to enable business decision-making.
  • Ability to multi-task and juggle priorities, running multiple projects simultaneously and working systematically to close out tasks.
  • Closely follow guidelines, established policies, prefers rules and structure & will have the confidence to hold the leadership team to account on all things commercial & financial.
  • Trustworthy with confidential information and demonstrates high levels of integrity.
  • Diligent and conscientious approach, has a cooperative, willing and supportive nature.
  • Application

    Please contact Rathi or email your cv directly in word format with Job ID : 15554 to

    Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 7 business days, we regret to inform you that your application for this position was unsuccessful.

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