Finance Manager, Thailand
In-person · Bangkok, Bangkok, TH... more
In-person · Bangkok, Bangkok, TH... more
Job Description
The Finance manager will be leading the finance organization in Thailand, which includes the following functions: Accounting & Reporting, Purchasing, Finance IT, Payroll, Tax, Treasury, Insurance & Risk Management and Legal. More specifically, the Finance manager is responsible for:
- Day-to-day leadership and performance management of the finance teams, processes and activities (reliable, effective, efficient), including the development of strong teams;
- Driving the implementation of standard processes and systems (Finance Blueprint), in close collaboration and alignment with the Business and Group Finance function;
- Integration of newly acquired companies;
- Partnering with divisional business leaders and supporting decision making processes, while ensuring financial discipline across the different business lines (cash flow generation, cost management, ad hoc support).
POSITION & OBJECTIVES:
- Centralize all support services to serve all legal entities in Thailand with professional finance and administrative services.
- Day-to-day leadership and performance management of the finance teams, processes and activities (reliable, effective, efficient), including the development of strong teams:
- Organization and Management
- Organize and manage the different finance functions (Accounting & Controlling; Treasury, Tax & Legal; Credit & Collections; Purchasing; Payroll and Finance IT)
- Define and manage overall performance by target setting & monitoring, including the definition of corrective actions when & where needed.
- Inspire, motivate, develop and strengthen teams, including attracting Next Generation Leaders, in line with agreed targets & budget.
- Accounting & reporting
- Manage accounting & month-end closing processes, ensuring reliable & timely
closing and reporting of all Eurofins Thailand and Group management;
- Manage the relationship with Auditing and Accounting firms during interim and annual reviews;
- Ensure proper controls are put in place, supervise the application of the group manual of procedures;
- Implement reporting and controlling tools on revenue, margin and operational expenses. Support and bring contribution to the Business Unit Managers in their business management role and when they set up their annual budgets. Assist in the evaluation and implementation of National profitability.
- Treasury, Tax, Legal & Risk Management
- Active management of Net Cash, Cash Flow and Net Working Capital. Propose, validate and implement corrective actions to keep these metrics in line with the levels of activity and agreed targets;
- Manage the relationship with local banks and group treasury for financing activities, and ensure optimized banking processes are in place.
- Monitor and improve the national insurance policies, identify areas of over- and underinsurance (depending on split of tasks between the finance directors of the different divisions within one country);
- Provide legal advice to business managers on contractual matters & litigations (commercial, social & labor laws).
- Ensure compliance to tax laws and regulations; including supporting tax planning, returns & reporting, contract management and archiving (Corporate Data Room) while acting as a point of contact to local / tax authorities.
- Purchasing/ Procurement
- Develop and implement sourcing strategies in close collaboration with Group Purchasing, in order to obtain significant cost savings and manage Total Cost of Ownership, while ensuring minimum quality and service levels;
- Manage and optimize the procurement processes, implement COUPA systems and tools, in order to ensure effective and efficient procurement of goods and services;
- Ensure group wide reporting on purchase and the exact calculation of savings obtained (purchase database);
- Payroll
- Oversee the payroll process, in order to ensure employees are properly administered and paid;
- Staying abreast with (changes to) social & labor laws and regulations, in order to ensure compliance;
- Finance IT
- Define, implement and ensure application of optimized and harmonized processes in line with the Group standard in the area of Finance and Purchasing.
- Partnering with divisional business leaders and supporting decision making processes, while
ensuring financial discipline across the different business lines (cash flow generation, cost management, ad hoc support).
- Manage the budget cycle in close cooperation with the division controllers (process, templates, timelines, guidelines) and support business leaders with the development of their budget;
Personal Skills
- Strong leadership skills
- High level of integrity and ethnics
- People Manager and motivator
- Results oriented
- High level of energy, drive and passion to succeed
- Change agent, can do mindset, constantly challenging status quo
- Very structured with strong organizational skills
- Pragmatic, proactive, flexible and adaptable
- Ability to work in an autonomous manner
- Good communication skills