Finance Manager - Continuous Learning Opportunities

We are seeking a highly skilled and experienced Accounting and Finance Manager to join our dynamic team. The ideal candidate should possess a comprehensive understanding of accounting principles, budgetary management, taxation, fixed assets, inventory, cash management, accounts payable/receivable, and costing. This role involves leading a team, ensuring accurate financial reporting, and liaising with external auditors, tax agents, and other stakeholders.

Key Responsibilities:

Accounting

• Prepare, examine, and analyze accounting records, financial statements, and reports for accuracy and compliance with reporting standards (including trial balance, statements of financial position, comprehensive income, cash flow, and audit schedules).
• Review, analyze, and interpret management reports prior to submission to management and the parent company.
• Liaise closely with external auditors for year-end audit work, providing necessary schedules, documents, and draft financial statements.
• Ensure the accurate and timely submission of monthly financial and management reports by the 7th of each month.

Budgetary Management

• Coordinate budget preparation meetings with all departments.
• Compile budget materials and facilitate challenge meetings with departments for OPEX and CAPEX budgeting, in line with new business and project requirements.
• Justify budget requests during department meetings.
• Monitor monthly OPEX and CAPEX utilization against the approved Annual Management Plan (AMP).

Taxation

• Prepare monthly tax estimates and provisions.
• Review and forecast tax payable at the 6th and 9th month for any necessary revisions.
• Analyze company expenditures to maximize tax savings and minimize liabilities before monthly tax provision.
• Liaise with external tax agents for annual tax returns preparation.

Fixed Assets Management

• Review and verify fixed asset acquisition, disposal, and transfer forms for management approval.
• Organize and coordinate fixed assets tagging and audit activities at all plants.

Inventory Management

• Review and analyze inventory movement and aging reports for monthly closing.
• Propose provisions for long-aging and obsolete materials, with departmental justification.
• Coordinate quarterly and year-end stock take activities.
• Review and analyze monthly NRV test reports on standard cost versus selling price.

Cash Management and Financing

• Monitor daily cash transactions, cash positions, short-term investments, and credit facilities.
• Seek new project capital expenditure requirements from existing and potential local banks.
• Liaise with bankers for financial assistance applications for new projects.

Accounts Payable and Receivable

• Review and monitor payment terms and collections.
• Address and resolve issues with suppliers and customers promptly.

Costing

• Monitor and coordinate cost control initiatives.
• Conduct and update components cost analysis.
• Review and ensure accuracy of product cost standards and quotations.
• Provide performance analysis, including variance to budget/forecast and manufacturing expenses.
• Engage in continuous improvement initiatives for manufacturing operations.

Additional Responsibilities

• Supervise and ensure smooth daily operations for a team of 19 staff.
• Conduct meetings with external parties, including customers, suppliers, and inter-department personnel to resolve issues promptly.
• Serve as the coordinator for special assignments, such as the winding down activities of subsidiary HAP Thai.
• Management and statutory financial reporting.
• AMP preparation.
• Annual Company Tax Computation.
• Annual budget preparation as finance department needs to consolidate all the figures from various departments mainly on KPI/MCM report preparation.

Qualifications:

• Degree in Accounting, Finance, or related field. ACCA/MICPA and member of MIA is preferred.
• Extensive experience in accounting and finance roles, with a proven track record in managing teams.
• Strong understanding of financial regulations and compliance standards.
• Excellent analytical, organizational, and communication skills.
• Ability to work effectively with external auditors, tax agents, bankers, and other stakeholders.

If you are a strategic thinker with a passion for finance and a knack for managing complex financial operations, we invite you to apply for this exciting opportunity. Join us in driving our financial success and making a significant impact on our business.