COMPANY OVERVIEW
Bain & Company is one of the world's leading global business consulting firms, serving clients across six continents. It was founded in 1973 on the principle that consultants must measure their success in terms of their clients financial results. Bain's clients have outperformed the stock market 4 to
- With offices in all major cities, Bain has worked with over 4,400 major multinational and other corporations from every economic sector, in every region of the world.
In 2021, Bain & Company opened the APAC Global Business Services Center in Kuala Lumpur, to provide the best-in-class internal support, efficiently and professionally, to both leadership and consulting teams in Bain offices across Asia Pacific region.
POSITION SUMMARY
Based in our Global Business Services center (GBS) in Kuala Lumpur, we are looking for individual with experience in general accounting, revenue management, preferably in a captive unit of a multi-national firm. To be successful the individual should be able to learn quickly in a fast-paced environment, comfortable working with various internal stakeholders. The right candidate will look to embed themselves into our diverse and experienced finance team, with main functions to -
Assist the Sr. Specialist/ Manager / Sr. Manager to drive:
New projects Process efficiencies, BDPs etc.
New Process transitions
Focus towards Standardization / Harmonization / Automation
Assist the leadership to implement the Finance Strategies
KEY TASKS AND RESPONSIBILITIES
Accounting:
Accounting of month end journals and other closing activities
Liaising with stakeholders and colleague in other APAC offices
Monthly Balance Sheet Reconciliations
Supporting in monthly P&L reviews and commentaries
Various cost/profit center reconciliations with control on minute detailsRevenue related activities:
Invoice creation
Invoice booking
Collections booking
Ageing reports etc.
Fixed Assets accounting: Disposals, Capitalization, Documentations, Reconciliation etc.
Cost Accounting: Cost reconciliation for various projects aligned with business services agreements.
Amortization, Absorption, Accruals, Advance disbursement track etc.Taxation:
Strong understanding of taxation rules and adaptability to learn taxation procedures of various offices.
Ensuring correct tax accounting as per local office rules and compliances
Filing GST returns and monthly submissions (India Specific)Treasury Management:
Supporting on the short-term investments
Supporting on the cash forecasting process and reporting
Intercompany Accounting
Intercompany AP/AR review and reconciliation
End to End Intercompany settlements or netting.Reporting:
Monthly Reporting to the stakeholders
Client Reconciliations update
Cost to Revenue reporting etc.
GST/VAT/SST/Withholding tax/TDS etc.
KPIs
Dashboards
Liaise with Regional and Global teams as appropriate for ad-hoc and other requirements.
Team scope management: Remain open and constructive to other process within Accounting and Finance that the team can support with or adopt, based on team skills, resourcing and opportunity to contribute to the wider reginal finance success.
Project Management: Ability to support the leadership to drive multiple organization projects.
Lead and Support Internal and External Audit
KEY REQURIMENTS
Strong Accounting concepts / knowledge
Prior working knowledge in ERP (preferably SAP)
Excellent MS-Excel Knowledge
Ability to work under pressure.
Transition and process improvement experience
Thorough end-to-end process knowledge in GL (Closing, Reporting, Consolidation, Cash & Banking, Fixed Assets, Reconciliations)
Exposure in R2R activities (Record to Report), Tax and Treasury activities
Independent handling of queries and client management
Strong reporting and presentation abilities
Capability to create and maintain controlled process environments.
QUALIFICATIONS/ ABOUT YOU
CA / CPA, bachelors degree in accounting, MBA (Finance) or M. Com, with a minimum of 4-8 years of post-qualification experience
Experience in General Accounting and R2R with thorough knowledge of account principles and statutory compliance (GST, ITax etc.,)
Track record of delivering work on-time and zero defect; experience in a multi-geography/currency context preferred
Excellent English and Cantonese and/or Mandarin communication skills (Written and verbal)
Flexible and adaptable to change with a passion for results
Strong team player, working with the Finance team located at different locations.
Experience in SAP