Historically, roughly 15% of the company's population globally is Senior Mgr or above.

How are the car allowance calculated? 5 car allowance means additional RM10k if 1 car allowance is RM2k?

And, roughly what age people become SFM and above?

USD150 million as in what? Revenue per annum? Profit per annum? Assets?

In any case, USD150 million is not big.

If you're talking about revenue, I know of a local subsidiary of a listed company with annual revenue of approximately RM1bil, net profit of approximately RM70mil, PPE of approximately RM500mil. One Accountant, reporting directly to one FM, who in turn reports to the GFC. I think Sean is talking MNC level here, where there are accountants who handle more than one subsidiary located across more than one geographical area.

Kind of agree with your point that you will have limited knowledge when you make the jump from external audit to commercial. I cannot comment more on this as I'm in this transitionary position as well but I personally feel that there should be teething problems initially and they can be resolved within weeks after joining the commercial company. Shouldn't be a major problem adapting if you've gained sufficient knowledge when you were in external audit (technically and in a supervisory position). In fact, technically in terms of reporting standards and accounting principles, shouldn't be a problem at all. The only major issues I see are dealing with people and familiarising yourself with the company culture, including practical aspects such as learning their software and tuning yourself to their "beat".

In the end, all finance and corporate functions are cost centres. It's about how to get the most VALUE from these cost centres.

Because this is pay scale, not team structure.

If you think you are, then you are. I always justify my role in terms of... without me, does the business make less profit? Does it earn less revenue? Does it incur more expenses?

If you contribute towards one of those objectives, you are creating value. And then it's a matter of how many times more value do you create vs what you cost.

Then there's the MNCs. In American MNCs especially, finance oversight is accepted as a critical component of doing business. If there is no finance oversight (in a certain market, geography, product line, period of time)... you DO NOT do business in that area. The risks are too great. I am lucky to be a finance person who works in a company like this, where I can override the sales function and stop them from selling if I can show that they are not profitable enough, or the risks (credit/past dues, exchange rate, macroeconomic etc) are too great. And if you sit on the management team, you have a say about other factors as well like strategy (do you want to be in this market in the first place).

150 million in revenues. but globally, it's about USD6 billion. Got an invitation by one of big 4 as senior associate for their advisory TAS dept.
I think I will try it.

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Added on May 14, 2012, 8:45 pm

It's great if you can do that. We are controlled by HQ in Europe. They blamed our costings rather than the lower of the selling price.
In the end, we can convince them our evidence.

How long does the TAS from the Big 4 monitor your performance in the company for? Contractual basis? Sounds like a good opportunity to get some exposure. You should try it out, IMHO.

Costing should be done the same way/method across all geographical areas, no? Or do you mean overhead costs? Lower selling price? Is it because you're selling in USD and it gets converted to RM at a lower rate (strengthening of RM against USD)?

I am curious as to the salary range in accounting/finance, specifically for Accountants and above, in various companies, such as MNCs, PLCs, private limited companies, etc, in Malaysia. Would appreciate it if you could contribute, as I couldn't find any relevant information from other sources, even in the "Let's Talk Salary" topic here. Yes, there are "reports" compiled by Robert Walters, Kelly Services, JobStreet.com, etc but I don't think these are reflective of the real world. Furthermore, these do not give breakdown according to geographical areas, and we all know that different geographical areas would have different salary ranges. And yes, I am aware that how much an Accountant (for example) makes is contingent upon the experience that he/she has, but would appreciate it if you would indulge me nonetheless.

1. Position: Assistant Accountant/Accountant/Senior Accountant/Assistant Finance Manager/Finance Manager/Finance Analyst/etc, etc...
2. Salary range: RMxxxx - RMxxxx
3. Type of company: MNC/PLC/private limited/etc, etc...
4. Geographical location: Which state in Malaysia if possible, region (northern, central, southern) if not possible to disclose.
5. Prior years of experience before joining as title in #1: xx years

Comments are welcome but please don't be abusive if you don't "like" this thread. Thank you!