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18 February 2020
Job ID: SP-12719
Assistant Manager - Financial Accountant

Objectives of the Position

  • Support the Finance (and Local Business Controlling) Manager in their duty to accurately reflect the organization’s revenues and expenses and meet the organizational needs with respect to financial accounting and management reporting.
  • Prepare all statutory and tax related reporting to regulatory bodies for the respective company/ies.
  • Responsible for daily credit risk and cash management activities to ensure sufficient cash flow for the respective company/ies.

Main Task

  • Preparation of the monthly financial and management accounts (in conjunction with the Shared Service Centre)
  • Preparation of Annual statutory accounts, Company year-end accounts, Quarterly statements, Annual tax returns, Annual FBT returns, Quarterly bank reporting.
  • Support the local finance manager (finance team).
  • Support internal and external audits.
  • Assist and work collaboratively with the business controllers and GM/Business Heads to develop annual budgets and monitor performance against those budgets.
  • Support on other duties as requested by the Finance Manager, Regional Head of Finance and Controlling and/or the Leadership team.
  • Credit risk management:
    • Perform proactive and effective credit risk management to monitor, manage and mitigate customer and credit risks on ongoing basis, and in compliance of global and regional credit risk management policies, procedures and guidelines.
    • Conduct credit risk assessment for customers, monitor credit status and risk development, perform periodic review of credit portfolio, in compliance with global and regional credit risk management policies, procedures and guidelines.
    • Active business partnering role in supporting sales development of business units incl. guidance to business units on credit risk management topics.
    • Monitor customers’ overdue balances, follow up on outstanding invoices, unresolved disputed items and support efficient collection.
    • Engage in ad hoc tasks and various global and regional projects and initiatives as assigned.
    • Cash management
    • Perform all related tasks to ensure sufficient cash flow
    • Liaise with banks for adequate cash management, clearing/collection
    • Handle treasury-related activities, including but not limited to bank account setup, e-banking control, bank guarantees issuance, dividend planning, cashflow monitoring, inhouse bank netting and cash sweeping etc.
    • Work with regional Finance team for relate tasks.
    • Support business controller to prepare capital expenditure project evaluations.

Qualification

  • Degree in Commerce or Finance
  • CPA or ICAA membership
  • Minimum 5 years senior accounting experience in a multinational company, covering financial, cost, management accounting and budgeting.
  • The position requires detailed professional accounting knowledge and knowledge of the legal, statutory and company frameworks for reporting.
  • Ability to accurately compile accounting information and disseminate it in a way to complement business decision making.
  • Sound SAP and advanced Excel skills.
  • Knowledge of the local regulatory framework.
  • Ability to analyze figures on a broad perspective and in detail.
  • Ability to organize work in a logical and methodical manner.
  • Clear thinker and ability to meet monthly deadlines
  • Effective problem solver and effective communicator
  • Pro-active and can-do attitude.
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Job Details:
  • Employment Type:
    Permanent
  • Career Level:
    Middle Level
  • Required Qualification:
    Degree
  • Required Experience:
    5 years
  • Job Functions:
  • Company Industry:
    Chemical / Plastic / Paper / Petrochemical
  • Location:
    Samutprakarn Muang, Samutprakarn, Thailand
  • Salary:
    Salary negotiable

BASF (Thai) Ltd.
We create chemistry for a sustainable future In line with our corporate purpose, around 115,000 employees contribute to the success of our customers in nearly all sectors and almost every country in the world. Our broad portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. In 2017, BASF posted sales of €64.5 billion and income from operations before special items of approximately €8.3 billion. We combine economic success with environmental protection and social responsibility. Through research and innovation, we support our customers in nearly every industry in meeting the current and future needs of society. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF in Thailand BASF has been doing business in Thailand for 50 years. With four production sites in the country, the company offers products and solutions for a diverse range of industries – including agriculture, automotive, chemicals, construction, paints and coatings, nutrition and health, personal care and hygiene, and plastics and rubber. Our head office in Bangkok provides sales, customer service, and technical support to all our customers in Thailand.

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