Director of Finance COE & Global Statutory Accounting

Posted 2 Days Ago
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Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
Expert/Leader
Automotive • Internet of Things • Mobile • Semiconductor • Industrial
The Role
The Director of Finance COE & Global Statutory Accounting leads the transition of statutory accounting activities to the FCOE, manages statutory financial compilations and disclosures, collaborates on tax and financial transformations, ensures compliance with accounting standards and policies, oversees team training and development, implements internal controls, and partners with global teams to enhance financial reporting tools.
Summary Generated by Built In

Job Responsibility:

  • Lead the transfer of statutory accounting activities and local reporting from each operating entity to the Finance Center of Excellence (FCOE).
  • Own statutory Accounting for NXP & collaborate with service providers for each operating entity to ensure the accurate compilation of statutory financials, in coordination with the Regional Accounting Controllers.
  • Review and ensure the team identifies and calculates adjustments from US GAAP to Local GAAP.
  • Work closely with the US GAAP team to review GL balances to represent correctly the management notes in the non-US GAAP statutory reporting.
  • Partner with global functional team to support required accounting activities including Tax Accounting (Tax Analysis, Intercompany, Transfer Pricing, Treasury etc)
  • Analyse the impact of new accounting standards, changes in accounting policies, and non-GAAP policies on statutory reporting requirements.
  • Ensure all disclosures are properly included in the financial statements.
  • Identify resource needs, hire, and train new staff.
  • Manage personnel in FCOE KL, identifying training for new team members as required.
  • Implement internal controls and maintain SOX compliance as well as ensuring all processes and procedures are fully documented.
  • Ensure adherence to intercompany pricing agreements and other intercompany accounts.
  • Streamline and implement accounting policies and procedures, as well as reporting functions and KPIs.
  • Collaborate closely with key stakeholders, including internal and external customers, IT, and Operations on a daily basis.
  • Lead/support NXP Finance transformation activities – driving implementation of tools to enhance financial reporting.

Job Qualifications

  • 15 years working experience working in a Statutory Accounting/ International Accounting role across different finance management roles.  
  • Qualified accountant (e.g. CA, CPA, ACCA)
  • Strong knowledge of IFRS & local GAAP; Audit background would be helpful.
  • Proficiency in English; additional languages are a plus.
  • Able to work hands on to support team and collaborate across global workforce.
  • SAP ERP knowledge, transformation.

More information about NXP in Malaysia...

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The Company
HQ: Eindhoven
21,993 Employees
On-site Workplace
Year Founded: 2006

What We Do

NXP Semiconductors N.V. (NASDAQ: NXPI) enables a smarter, safer and more sustainable world through innovation. As a world leader in secure connectivity solutions for embedded applications, NXP is pushing boundaries in the automotive, industrial & IoT, mobile, and communication infrastructure markets. Built on more than 60 years of combined experience and expertise, the company has approximately 34,500 employees in more than 30 countries and posted revenue of $13.21 billion in 2022. Find out more at www.nxp.com.

Privacy Policy: https://www.nxp.com/company/about-nxp/privacy-policy-for-social-media-pages:PRIVACY-POLICY-SOCIAL-MEDIA

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