This role is part of the Finance Business Services (FBS) team, a regional service center that ensures all financial accounting and reporting activities across APAC markets are consistent and aligned.
As the Assistant Accounting Manager is responsible for ensuring the accuracy and integrity of the company’s financial records and reporting, in full compliance with applicable accounting standards and regulations. The role also oversees the effective execution of core finance operations, including Tax compliance with IFRS 16 lease accounting preparations B/S monitoring ; ESG reporting ; Accounts Payable (AP), Accounts Receivable (AR), and other related processes, to support the overall efficiency and effectiveness of the finance function.
This position plays a key role in safeguarding the integrity of our brand by ensuring robust financial reporting, driving accuracy in finance operations, and mitigating financial risks to the House.
Reporting to Senior Finance Manager, the incumbent will be responsible to perform the overall month end closing for Taiwan Region market:
• Be accountable for timely and accurate recording of journal entries based on the agreed service level agreements (SLAs) & defined closing mechanism. Manage month-end and year-end closing activities in accordance with local accounting standards and IFRS.
• Review output to identify errors / inconsistencies. Make subsequent corrections based on the nature of the account to ensure accuracy and quality of work.
• Be responsible for the preparation of balance sheet reconciliations, statutory financial statements and global reporting.
• Prepare variance analyses, defined Key Risk Indicator (KRIs) and commentaries, and ensure variances and reconciling items are identified and resolved in a timely manner.
In collaboration with the regional tax team, oversee the monitoring, preparation, and submission of local tax filings, including VAT, WHT (with application of Article 25 reduced WHT rate), stamp duty, and CIT. Technical knowledge of these tax regulations is an advantage.
• Oversee the execution of finance operations to ensure KPIs and service quality standards are met, while managing internal and external queries and resolving escalated cases.
• Coordinate communication and foster collaboration between local stakeholders and offsite hub operations.
• Perform necessary ad-hoc tasks of low volume. For example, treasury operations, credit card terminals management, customer deposits, and monitoring of customer credit limits.
• Demonstrate advanced proficiency with financial and operational systems and their interdependencies including their functionality, workflows, automated controls, and associated facilitation of data consolidation, reporting, and robust analytics
• Orchestrate strong collaboration between various teams in finance community to achieve month end closing in good quality and timely manner
• Support Senior Finance manager on new financial initiatives and changing business requirements.
Role Specifications:
Please explicitly describe the Functional and Business knowledge required for the role
Academic/Professional Qualifications
• University degree
• CPA/CA/ICAA or equivalent will be an advantage
Work Experience
• Minimum 5 years working experience, inclusive of 2 years of managerial experience
• Big 4 audit experience is an advantage
• Worked in Shared Service Center is an advantage
• Solid expertise / operational know-how of all finance processes (AP, AR, GL, inventory accounting, etc) and understanding of market specificities
• Fluent in English is a must and fluent in Mandarin or other Asian language are an advantage
Required Competencies
• Embrace challenges to develop new skills and willingness to take on new responsibilities
• Demonstrates resilience and steadiness in high-pressure or uncertain environments
• Team player and work together with fellow team members toward a common goal
• Effective communicator with strong interpersonal skills, capable of fostering collaboration and aligning efforts across stakeholders from diverse functions, backgrounds, and perspectives
• Relentless focus to optimize operations while ensuring KPIs and service standards are met
• Convey facts and information clearly and accurately
• Respond to stakeholder concerns promptly and in a professional manner
Conduct assessments to address problems. Identify suspicious patterns in financial data and raises relevant issues and concerns with higher level management
• Demonstrate ability to acquire new knowledge and skills to adapt to change
• Experiment and redefine complex business issues through constant clarification of audience needs and questioning
• Seek new methods of working that could result in higher productivity even if the outcome is not guaranteed.
Top Skills
What We Do
CHANEL is a private company and a world leader in creating, developing, manufacturing and distributing luxury products.
Founded by Gabrielle Chanel at the beginning of the last century, CHANEL offers a broad range of high-end creations, including Ready-to-Wear, Leather Goods, Fashion Accessories, Eyewear, Fragrances, Makeup, Skincare, Jewelry and Watches. CHANEL is also renowned for its Haute Couture collections, presented twice yearly in Paris, and for having acquired a large number of specialized suppliers, collectively known as the Métiers d’Art. CHANEL is dedicated to ultimate luxury and to the highest level of craftsmanship.
It is a brand whose core values remain historically grounded on exceptional creation. As such, CHANEL promotes culture, art, creativity and “savoir-faire” throughout the world, and invests significantly in people, R&D and innovation.
At the end of 2019, CHANEL employed more than 28,000 people across the world.
