Senior Executive – Group Consolidation & Compliance
Focusing on fashion and lifestyle, we are one of Asia’s largest manufacturers of intimate apparel, sportswear, performance wear and swimwear and provide IT solutions to the apparel and footwear industry worldwide. MAS nurtures and drives a culture of excellence where over 114,000 global associates activate their full potential. Our identity, which goes beyond great products, is deeply embedded in community well-being and nurturing world-class teams.
Embark on a journey of change with MAS, by joining the MAS Holdings team – Battaramulla – as Senior Executive – Group Consolidation & Compliance to perform consolidation and compliance activities of the Group by adhering to the accounting procedures & policies of the group to enable effective, efficient and timely deliverables for day to day operational activities.
Key Responsibilities
- Prepare the Group’s multi-currency consolidation process (including extensive joint venture accounting) for both bi-annual internal management and statutory purposes in line with IFRS requirements
- Assist initiatives to identify, develop, implement and improve the consolidation process using cost effective tools and autonomation
- Preparation of monthly Balance sheet reconciliations, including multi-currency intercompany reconciliations
- Provide accurate and timely financial information and analysis for both regular reporting and ad hoc requests
- Prepare ad hoc research and analysis on various areas of accounting issues in support of special projects or requests.
- Identification of accounting standards developments from the various standard setting bodies and analyse their impacts for the Group.
- Assist Group Audit Plan and liaising with auditor
- Update the Group Accounting Policies to include changes in business environment and best in class practices
- Update the Group Accounting Procedures to include changes in business environment and best in class practices
- Update the Group Chart of Accounts to facilitate information requirements of the Group
- Prepare necessary governance inputs for group wide initiatives and provide inputs for operational, reporting and monitoring activities
Qualifications, Experience, Skill and Competencies:
- Degree in Accounting / Finance or equivalent professional qualification (ACA, ACCA, etc.)
- Above 3 years of combined experience in a Big Four Accounting Firm as well as in industry working including experience in IFRS consolidated reporting and preparation of Group Financial Statements.
- In-depth knowledge of International Financial Reporting
- Excellent command of ERP, BI, EPM tools, Microsoft Excel, strong analytical, report writing and communication skills
Closing Date: 2023/11/30