General Electric Inventory Accounting and Reporting Manager in KUALA LUMPUR, Malaysia
Baker Hughes, a GE company (NYSE:BHGE) is the world’s first and only fullstream provider of integrated oilfield products, services and digital solutions. Drawing on a storied heritage of invention, BHGE harnesses the passion and experience of its people to enhance productivity across the oil and gas value chain.
BHGE helps its customers acquire, transport and refine hydrocarbons more efficiently, productively and safely, with a smaller environmental footprint and at lower cost per barrel. Backed by the digital industrial strength of GE, the company deploys minds, machines and the cloud to break down silos and reduce waste and risk, applying breakthroughs from other industries to advance its own.
With operations in over 120 countries, the company’s global scale, local know-how and commitment to service infuse over a century of experience with the spirit of a startup – inventing smarter ways to bring energy to the world.
Follow Baker Hughes, a GE company on Twitter @BHGECo, or visit us at BHGE.com.
Full - Time Regular
Reporting to the EFO EH (Eastern Hemisphere) Regional Accounting Center Director, the Inventory Accounting and Reporting Manager will be based in KL and responsible for overseeing the KL RAC Inventory team for processing, controlling, recording and monitoring all aspects of inventory valuation and management, including costing, obsolescence, purchasing, price variances, landed costs, stock movements and physical warehousing.
Responsible for various monthly inventory accounting functions, including slow moving and obsolete inventory analysis, freight accrual analysis, capitalization of freight/duties, capitalization and amortization of variances, scrap monitoring and physical stock counts
Monitor inventory counts in the region
Standardization of inventory close and non-close processes across all Product Lines
Identifying and implementing best practices for Inventory Accounting
Ensure compliance with established standard policies and procedures
Provide data needed for proper inventory reporting
Work closely with FP&A and Operations to ensure completeness and integrity of financial information
Extensive knowledge of Baker Hughes policies
Knowledge of Baker Hughes’ financial data
Excellent communication skills
Ability to interact with senior leadership
Cross-product line BHI experience
High proficiency in MS Office skills required
SAP Financial System knowledge required
Understanding of Hyperion Reporting required
Undergraduate degree in accounting, finance, or equivalent required
Professional accounting certification such as CPA, CA, or local equivalent certification, or MBA in Finance/Master in Finance required
15+ years of finance related job experience including 5+ years management experience required
Cost Accounting and Inventory Accounting experience is required
Cross-product line BHI experience strongly preferred
Baker Hughes, a GE company is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law. Learn more at https://www.eeoc.gov/employers/upload/posterscreenreader_optimized.pdf
Locations: Malaysia; Kuala Lumpur; KUALA LUMPUR