Senior Ledger Accounting Specialist

4 weeks ago

Canada Luxasia Group Full time

About LUXASIA:

LUXASIA stands as the premier beauty omnichannel distribution platform in the Asia Pacific region, having successfully fostered brand growth for over 100 luxury beauty labels. Our comprehensive brand-building capabilities encompass luxury retail, online commerce, consumer marketing, and supply chain management. Since our inception in 1986, we have collaborated with the world's most esteemed brands, including Aveda, Bvlgari, Calvin Klein, Diptyque, Hermes, La Prairie, Montblanc, and SK-II. We have also formed Joint Ventures with notable names such as LVMH Group, Elizabeth Arden, Puig, Yves Rocher, and By Terry. Central to our operations is a diverse and dynamic #OneTeam of 2000 professionals who continuously shape the luxury beauty landscape and delight consumers across our expanding footprint of 15 markets.

Why Work With Us?

At LUXASIA, we recognize the inherent beauty in every talent – including you. We are committed to your growth by enhancing your skills and unlocking your potential. With a curated portfolio of over 100 luxury brands across Asia Pacific, your contributions will positively impact millions of consumers in the region. Here, you will have the opportunity to operate like an entrepreneur, managing the business as if it were your own. We provide autonomy alongside guidance and genuine support. Our team is diverse and inclusive, embracing innovation with courage. Together as #OneTeam, we celebrate our differences, welcome change, explore new ideas, take calculated risks, learn from failures, and drive results. While challenges are part of the journey, we promise a fulfilling career path filled with substantial professional development. Isn’t that a beautiful prospect?

Key Responsibilities:

Transition:

  • Actively engage in the transition of Country General Ledger processes into the shared services team, including work shadowing and preparation of Standard Operating Procedures (SOP).
  • Contribute significantly to ensure operational readiness by the Go-Live date.

Compliance:

  • Assist in internal audits by collaborating closely with the Local Finance team.
  • Ensure adherence to generally accepted accounting principles (IFRS) and company protocols to maintain the integrity of financial data.
  • Follow up diligently on issues identified during external and internal audits.

Operations:

  • Address and resolve inquiries from the Country Finance Manager.
  • Collaborate with the Local Finance team to understand local activities, prepare trial balances, and investigate account fluctuations.
  • Prepare and ensure proper documentation for journal entries in accordance with Group Accounting policies during financial closings.
  • Manage fixed asset creation/disposal, General Ledger, Reconciliation, Balance Sheet, and P&L Account in the SAP system, including performing monthly depreciation runs.
  • Prepare and review monthly financial reports: P&L, Balance Sheet, cash flow movements, management reports, tax reports, and inventory reconciliations.
  • Facilitate bank reconciliations, Intercompany reconciliations, and follow up on any unreconciled items.
  • Ensure strict adherence to month-end and year-end deadlines.
  • Undertake any accounting and reporting requirements, as well as ad-hoc duties or projects as assigned.

Continuous Improvement:

  • Identify and articulate areas for improvement across processes.
  • Participate in the implementation, automation, and standardization of Record to Report (R2R) activities.

Qualifications:

  • A degree in finance, accounting, or business studies is required; Chartered or certified professional accountant status is preferred.

Experience:

  • A minimum of 3 years of experience in Financial Reporting or related accounting functions is required. Competent candidates with less experience may be considered.
  • Experience with SAP or other major ERP systems is preferred.
  • Experience in a shared service or business process outsourcing environment is an advantage.

Technical Skills:

  • Proficiency in English is essential.
  • Strong knowledge and understanding of Financial Reporting and accounting functions.
  • Familiarity with MS Office tools is required.

Additional Attributes:

  • A background in beauty or retail is preferred.
  • Able to work under pressure, meet tight deadlines, and collaborate effectively as a team player.
  • Possess initiative, a positive attitude, strong interpersonal communication skills, attention to detail, results-oriented mindset, problem-solving abilities, and a performance-driven approach.

Key Performance Indicators:

  • Time management
  • Accuracy
  • Completeness

If you possess the qualities to thrive in a fast-paced and dynamic environment, embrace challenges, and are eager to bring innovative ideas to fruition, we invite you to explore this opportunity with us.

We appreciate your interest in LUXASIA and will contact only shortlisted candidates. Thank you for considering a career with us.

Recruitment Privacy Notice:

By proceeding with your application, you acknowledge that you have read LUXASIA's recruitment privacy notice and consent to the collection, processing, and disclosure of your personal data for the purposes specified in the notice.

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