What is the opportunity?
CACEIS was set up in Cyberjaya, Malaysia in July 2023 with approximately 1,200 employees, with the acquisition of RBC investor Services’ European business and Malaysia centre of excellence. As a centre of excellence, the team in Malaysia provides asset services, custody and payments for clients in Europe (Belgium, Ireland, Luxembourg, Switzerland and United Kingdom) with a global operating model that maximises efficiencies across time zones, supports 17/5 operational capability with follow the sun model, enhances scalability of our global operations and the implementation of standardized processes.
The Finance team at CACEIS Malaysia provides Finance and Accounting support to Malaysia locally. The objective for Malaysia Finance is to provide First Class accounting services to our stakeholders.
As an Associate Director, you will be responsible to lead the Accounting, Reporting & Change Team. The responsibility includes owning all Finance Regulatory, Statutory, Head Office and Tax reporting for Malaysia entities, act as Subject Matter Expert and Finance Business Partner for key local stakeholders, including local Executive Committee (ExCO) members and play a key role in the strategy and management of the broader Malaysia Finance Management team.
Working hours: 9am – 6pm
Region: Malaysia
What will you do?
• This is a people manager role and the person will be responsible to lead a high performing team of between 4 ~ 5 banking accountants.
• Organize and manage the day to day operations for timely and accurate reporting of various accounting reports, which include but not limited to, Trial balance, ledger, Profit & Loss account, Balance sheet substantiation and attend monthly closing meetings with Head Office.
• Manage the team to ensure all reporting are in line with CACEIS and statutory requirements, e.g. GL, Balance Sheet substantiation , consolidation packages, local regulatory survey and declaration, and Finance and Tax submissions to home authorities.
• Manage the team to complete the year-end audit and ensure financial statements are accurately completed and submitted in a timely manner.
• Responsible for leading change in accounting system, where applicable, and continuous monitoring and implementation of process improvement to establish the balance between efficiency and key controls.
• Review the financial reports prepared and attend meetings set with various stakeholders for financial presentation.
• Enhance the business partnering capabilities of Malaysia Finance in support of country and business strategies and transformation objectives.
• Conduct robust reviews of business and function costs, recommend and support cost saving initiatives.
• Actively participate in local and global projects, including assisting in driving continuous process improvements, such as report standardisation and centralisation of processes.
• Maintain standard, centralized processes where applicable to e