Accounting and Finance Manager

Industry: Trading / Import & Distribution

Location: Bangkok, Thailand

Our client, a well-established trading and import/distribution business, is seeking an experienced Accounting and Finance Manager to oversee the full accounting function and support strategic financial decision-making.

Key Responsibilities

1. Accounting Management

• Oversee the full accounting cycle in line with accounting standards and relevant regulations
• Manage all accounting modules including General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Inventory, and Fixed Assets
• Verify accuracy of accounting entries, supporting documentation, and system records
• Supervise the accounting team to ensure timely and complete reporting

2. Financial Closing

• Responsible for monthly, quarterly, and annual closing of full set financial statements
• Prepare full financial statements: Statement of Financial Position, Profit and Loss Statement, Cash Flow Statement, Statement of Changes in Equity, and Notes to Financial Statements
• Review and post adjusting entries including accruals, depreciation, inventory adjustments, and provisions
• Liaise with external auditors and government agencies, and prepare supporting documentation for audits

3. Financial Analysis

• Analyse financial statements to support management decision-making (Gross Profit Margin, Net Profit Margin, Cost Structure, Cash Flow)
• Analyse profitability by product, product line, and channel
• Conduct Budget vs Actual analysis and explain variances
• Track revenue, cost, and expense trends
• Prepare management reports and financial dashboards for senior leadership

4. Trading / Import Cost Analysis

• Analyse Cost of Goods Sold (COGS) including purchase cost, freight, import duty, and logistics cost
• Monitor inventory movement and inventory turnover
• Analyse margin on imported and distributed products
• Provide cost insights to support pricing decisions

5. Financial Management

• Plan and manage company cash flow and assess business liquidity
• Coordinate with banks on Letters of Credit (LC), Bank Guarantees, and Credit Facilities
• Support management on financial planning and investment decisions

6. Tax & Compliance

• Oversee tax filings: VAT, Withholding Tax (WHT), and Corporate Income Tax (CIT)
• Ensure tax compliance for import-related activities
• Liaise with the Revenue Department and tax advisors

7. Team Management

• Lead and develop the accounting and finance team
• Set KPIs and monitor team performance
• Improve accounting processes and systems for greater efficiency

Qualifications

• Bachelor's degree or higher in Accounting, Finance, or a related field
• Minimum 7-10 years' experience in accounting and finance
• At least 3-5 years in an Accounting Manager / Finance Manager role
• Hands-on experience closing full set financial statements
• Experience in Trading / Import / Distribution businesses is highly preferred
• Strong financial analysis capability
• Experience working with external auditors and government agencies
• Advanced Excel skills and proficiency with ERP / accounting software