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Inventory Accounting and Reporting Manager

  • Job Function: Finance
  • Experience Level: Experienced
  • Posted Date: 1/22/2018 8:50:32 AM
  • Job #: 1801398
  • Location(s): Malaysia; Kuala Lumpur; KUALA LUMPUR


Role Summary:
About Us:
 
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.
 
Role Summary:
 
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.   
 
Essential Responsibilities:
  • 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
  • Essential qualifications/requirements
Functional
  • Extensive knowledge of Baker Hughes policies
  • Knowledge of Baker Hughes’ financial data
  • Team management
  • Excellent communication skills
  • Ability to interact with senior leadership
  • Cross-product line BHI experience
Technical
  • High proficiency in MS Office skills required
  • SAP Financial System knowledge required
  • Understanding of Hyperion Reporting required
 
Qualifications/Requirements:
  • 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
     

Desired Characteristics:

  • Cost Accounting and Inventory Accounting experience is required
  • Cross-product line BHI experience strongly preferred
 
Location:
Kuala Lumpur
 
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
 


Locations: Malaysia; Kuala Lumpur; KUALA LUMPUR

GE offers a great work environment, professional development, challenging careers, and competitive compensation.  GE 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.


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