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Global Power Synergy Company Public Limited
Thailand | Bangkok
Be among first to apply
Last updated 1 month ago
Assistant Accounting Manager - Accounting Policy
About this position
Responsibilities
• Policy Development and Compliance
• Establish and align accounting policies for GPSC and subsidiaries with international standards, Thai accounting practices, and PTT Group’s guidelines to support accurate and compliant financial transactions.
• Ensure compliance with accounting standards, regulatory requirements, and best practices across all entities.
2. Systematic Oversight
• Supervise accounting systems domestically and internationally to ensure consistency, accuracy, and adherence to unified standards.
• Provide guidance on new financial transactions to optimize accounting processes and mitigate risks.
3. New Entity Integration
• Design and implement accounting systems for new entities in alignment with GPSC and PTT Group policies to ensure efficient performance reporting.
• Lead the integration of acquired businesses into GPSC’s accounting framework, ensuring accurate consolidated financial statements.
4. Adherence to Evolving Standards
• Monitor changes in International Financial Reporting Standards (IFRS) and Thai accounting standards, assessing their impact and preparing GPSC to adapt effectively.
• Analyze and advise on the implementation of new financial reporting standards for maximum organizational benefit.
5. Acquisitions and Due Diligence
• Oversee accounting-related due diligence for mergers and acquisitions, including policy assessment, cash flow analysis, and risk evaluation.
• Manage purchase price allocations (PPA), coordinate with experts, and validate valuation assumptions to ensure compliance with fair value assessments.
6. Impairment and Valuation
• Review annual goodwill impairment evaluations, collaborating with auditors and stakeholders to ensure accuracy and transparency.
• Oversee the fair value assessment of assets by independent valuers, ensuring reasonable assumptions and methods are applied.
7. Transfer Pricing
• Calculate shared service fees for intercompany transactions in compliance with transfer pricing regulations, safeguarding adherence to tax requirements.
8. Shared Services and Support
• Provide accounting advice and support to other departments for optimal financial outcomes.
• Manage the preparation and reporting of shared service costs across the organization.
Requirements
• Bachelor’s degree or higher in Accounting, Finance, or related fields.
• Minimum of 5 years in accounting, with experience in policy development, mergers and acquisitions, or holding a CPA license as an advantage.
• Strong understanding of financial reporting standards, tax regulations, and related laws.
• Expertise in accounting policy management.
• Excellent analytical, organizational, and leadership skills.
• Proficient in English, with a minimum TOEIC score of 700.
About Global Power Synergy Company Public Limited
GPSC, PTT Group's Power Flagship, has been founded on 10th January 2013 through the amalgamation of PTTUT and IPT to be the power flagship of PTT Group. Its core business is to generate and supply electricity, steam, and processed water to its customers.