Career Accelerator Program - Capital Accountant

About TI

Texas Instruments Incorporated (TI) is a global semiconductor design and manufacturing company that develops analog ICs and embedded processors. By employing the world's brightest minds, TI creates innovations that shape the future of technology. TI is helping about 100,000 customers transform the future, today. We're committed to building a better future – from the responsible manufacturing of our semiconductors, to caring for our employees, to giving back inside our communities and developing great minds. Put your talent to work with us – change the world, love your job!

About the Role

We are seeking a dedicated and detail-oriented Capital Accountant to join our Finance team in Malaysia. As a Capital Accountant, you will manage and maintain the accuracy of our fixed asset records, ensuring compliance with accounting standards and internal controls. This role is essential for supporting financial reporting and tracking of the company's capital assets in our fast-paced semiconductor manufacturing environment.

Key Responsibilities

Fixed Asset Management & Compliance

• Maintain and update the fixed asset register for all capital expenditures and projects, ensuring compliance with TI's accounting policies and applicable standards (MFRS, IFRS)
• Review and ensure timely and accurate capitalization of fixed assets upon project completion
• Calculate and record monthly depreciation of fixed assets with proper cost allocation per accounting standards
• Perform regular reconciliations of fixed asset ledger with general ledger, addressing discrepancies to ensure data integrity

Audit & Control Activities

• Assist with periodic physical inventories and asset audits, managing timely disposal and write-off of assets
• Prepare manual journal entries related to fixed asset activities with proper documentation and support
• Support statutory audit, internal audit, and SOX compliance activities
• Ensure robust controls for transaction processing, accounting processes, close activities, and compliance reporting

Reporting & Analysis

• Prepare and review management reports on capital projects and fixed asset portfolios
• Support monthly/quarterly/year-end close processes, including Balance Sheet and P&L flux analysis
• Provide audit support, ensuring all fixed asset documentation is accurate and compliant
• Prepare corporate tax compliance and indirect tax documentation

Process Improvement & Collaboration

• Work closely with project managers, procurement, and operations teams to ensure accurate tracking of capital expenditures and project costs
• Identify opportunities for process improvements in fixed asset management, reporting, and systems
• Liaise with other TI sites for best practice sharing and process improvements
• Implement new processes to improve efficiency in tracking and reporting capital assets
• Automate, enhance, and document processes where necessary
• Ensure vendor payment compliance with statutory and TI policies