Head of R2R (Relocation to KL - IFRS 16 Must)
Our client is one of the fastest growing retail brands in Asia and their regional HQ is based in Malaysia.
Reporting to the Regional Financial Controller, you will be responsible for:
1. Strategic Oversight:
• Oversee the R2R portfolio with a focus on Group Consolidation, Fixed Assets, Accruals, Prepayment, and other relevant areas for SEA region.
• Take ownership of completion of closing activities, ensuring governance of accuracy for all transactions.
2. Operational Management:
• Ensure daily operational activities for R2R, including Journal processing, AARO reporting, Balance Sheet Account Reconciliation, and Compliance reporting, are managed and delivered timely.
• Lead a regional team responsible for monitoring processing accuracy, timely execution, and compliance with accounting principles, including IFRS 16 implementation in the SEA region.
• Act as the primary contact for locations, addressing escalations promptly and ensuring services meet service levels and quality standards.
• Ensure team compliance with Desktop Task Procedure (DTP) and provide guidance on IFRS 16-related tasks.
• Address queries, requirements, and recommendations from internal teams, locations, and auditors related to operational activities and KPIs.
3. Performance Monitoring and Reporting:
• Take accountability for own and team performance by closely monitoring Key Performance Indicators (KPIs) and providing solutions for continuous improvement.
• Lead operational meetings with the team, ensuring agreed action items with internal teams, locations, and external auditors are completed within deadlines.
• Collaborate and coordinate with other functional teams to ensure integrated processes are carried out smoothly and quality deliverables are provided to locations.
• Report promptly to management on the status of operations and escalate as necessary.
4. Financial Controls and Compliance:
• Ensure appropriate General Ledger processes, controls, policies, and procedures are in place and comply with Company standards and IFRS 16 requirements.
5. People Management:
• Demonstrate strong leadership and work independently with minimal supervision.
• Utilize effective team and people management skills, including resource management, staff engagement, and monitoring. Stakeholder Engagement:
• Build and sustain effective relationships with functional teams and across business units (from Dubai HQ to respective countries) to deliver quality performance and implement best practices.
• Engage stakeholders to resolve any operational issues including addressing concerns related to IFRS 16 implementation. Process Improvement:
• Review, sign off, and maintain accurate and up-to-date Desktop Task Procedures (DTPs) and reference materials. standardization.
In order to succeed in the role, you should ideally have:
• Degree in Finance, Accounting, Economics or related field. • Professional qualification with a recognized global or international accounting body (CPA, ACCA,CIMA etc).
• 10 – 12 years of experience in finance and accounting with exposure to Southeast Asia (SEA) finance operations.
• Work experience in both a Big 4 accounting firm and a commercial company (Retail industry).
• Proven experience in managing a Southeast Asia (SEA) regional team and a track record of successful team leadership.
• Proven ability to build and manage high-performing teams, with a focus on staff engagement, resource management, and team development.
• Proficient in Finance & Accounting software, including SAP (including BPC) and PowerBI.
• Certification in implementation and/or expert level knowledge in IFRS 16 is a MUST.
• Strong organizational and multi-tasking skills, with an eye for detail.
• Ability to efficiently oversee and manage complex R2R portfolios, including Group Consolidation, Fixed Assets, Accruals, and Prepayment.