Financial & Accounting Manager / BTS Nana / Good at English

Detail

【Job Description】
1. Financial Management & Reporting
• Review and monitor overall Finance, Accounting, Budget and Taxes function.
• Oversee full-cycle accounting: GL, AP, AR, fixed assets, and bank reconciliations.
• Prepare timely monthly, quarterly, and annual financial statements.
• Manage month-end and year-end closing processes.
• Oversee revenue and expenses document correct and accuracy record based on IFRS, Local GAAP and local regulation.
• Ensure accuracy and compliance with accounting standards and regulations.
• Reporting to the president as well as to CFO based in Japan.
• Prepare and submission IFRS package report to Japan via Diva system.
• Verify expenses such as employee expenses, marketing expenses, fixed expenses record in correct GL, Brand and Retail to be correct result in PL by Brand and Retailer.
• Verify actual discount each retailer based on the payment date deduct netting with AR.
• Responsible for all financial and cost accounting functions, creating and preparing various management reports.
• Verify and analyze monthly account closing for correctness and completeness, adjusted if need.
• Verify and approve monthly account process such as monthly accrued expense and provision marketing and fixed expenses, commission and incentive, adjust supply to expenses, adjust gift to cost, running purchase price variance, exchange rate valuation, corporate income tax, allowance for doubtful account (quarterly), deferred tax (yearly), employee benefit (yearly).
• Verify provision for telephone and other admin expenses.
• Review and verify Balance Sheet monthly reconciliation if such issue occurred such long outstanding, double record, incorrect record, etc. adjusted as need.
• Review and approve customer/vendor master information open new vendor and customer on MDG.
• Review and verify new counter, %GP setting up and Watson rebate on Vistex system.
• Verify payment by cheque, foreign payment is correct recorded and prepared, deduct correct percentage of withholding tax based on local taxes before sending to management signatory.
• Verify withholding and value added tax before submitting to revenue department.
• Verify purchasing inventory is completely correctly recorded.
• Verify purchase fixed assets and intangible assets, depreciation and amortization expense are correctly recorded and based on the company investment plan.
• Review and reporting overdue once occurred to Management.

2. Business & Channel Finance (Cosmetics Focus)
• Monitor financial performance across multiple channels: POS Retailers, Credit Retailers, EC.
• Analyze sales, margins, and profitability by product (SKU-level) and channel.
• Prepare and verify PL by Brand and Retailer.

3. Budgeting, Forecasting & Planning
• Develop annual budgets and roll forecasts aligned with business strategy.
• Track performance vs budget and provide variance analysis.
• Analyzing the deviation between actual and budget on marketing expenses and fixed expenses.
• Prepare annual forecast budget BS, PL, Brand, Investment and depreciation.
• Build financial models to support expansion, new product development, and marketing investments.
• Reports including cash flow and budget preparation.

4. Cash Flow & Working Capital Management
• Monitor cash flow and ensure sufficient liquidity for operations.
• Managing daily cash flow for normal operation.
• Review and report cash flow report.
• Monthly petty cash count performs.
• Verify Foreign payment such as payment for purchase product, SAP/FACE service, promotion material, skin analyzer, etc.
• Verify monthly bank reconcile for each bank's account.
• Optimize working capital including inventory, receivables, and payables.
• Manage banking relationships and funding requirements.

5. Inventory & Cost Control
• Oversee inventory accounting, including COGS, landed cost, and stock valuation.
• Collaborate with supply chain and operations to manage inventory levels and reduce obsolescence.
• Analyze product cost structure and improve gross margins.
• Review and verify monthly stock reconcile both prestige and masstige stock.
• Verify Milano stock (Perfume) report to Excise tax department.

6. Tax, Compliance & Audit
• Ensure compliance with local tax laws (VAT, corporate tax, withholding tax).
• Coordinate with external auditors, tax advisors, and regulatory authorities.
• Maintain strong internal controls and financial governance.
• Meet monthly reporting deadlines for HQ and fulfill local statutory reporting requirements.
• Verify foreign value added tax and foreign withholding tax report to Revenue Department.
• Monitor open period and close period on SAP.
• Support and deal with Deloitte auditor for auditing company financial statement.
• Submission Financial Statement to (Government) Department of Business Development.
• Calculate Corporate Income Tax to Deloitte auditor.
• Verify information for transfer pricing local file annual tax submission.
• Prepare and submission half-year and annual corporate income tax to Revenue Department.
• Prepare and submission BOI progress report every half year on Feb and Jul.
• Prepare and submission BOI annual operation in Jul.
• Verify adjust fixed asset with fully depreciation (book value 1 THB) based on Japan policy (quarterly).
• Formulate policy, procedures and continuous review and improve internal controls process. .
• Development of accounting strategy, coaching and training of accounting team liaise with auditors for annual audits.
• Prepare and set up annual budget on SAP and BW.
• Dealing with Revenue Department.
• Support and deal with company's Internal Audit for company internal audit.

7. Team Leadership & Process Improvement
• Lead and develop the accounting and finance team.
• Improve financial processes, systems, and internal controls.
• Implement or optimize ERP/accounting systems (e.g., SAP)

【Qualification】
• Male/Female, age upper 40 years.
• B.A.’s degree or higher in accounting, CPA is an advantage.
• At least 6–10 years of experience in accounting/finance, preferably in cosmetics, FMCG, retail, or e-commerce in accounting management level.
• Strong knowledge of accounting standards, tax regulations, and financial reporting.
• Experience managing multi-channel business (offline + online).
• Knowledge of computer accounting and good PC skills.
• Strong Excel and financial modeling skills.
• Experience with ERP or accounting systems.
• Ability to communicate effectively in English.
• Strong leadership and managerial skills.
• Strong problem solving and analytical skills are needed.
• Able to work independently.
• Having competency in strategic planning, having business vision and good human relations

【Allowance & Benefit】
- Provident fund
- Medical insurance 8,000/year (For Level manager = 20,000 baht)
- Insurance group
- Can buy cosmetics 50% (follow policy)
- SSO
- Annual Health Check up
- Marriage gift, New born gift, Funeral
- Annual leave(start6-15/year)
- Casual day (7 days)

【Working Hour】
Monday - Friday 08:30-17:00 (flex)