Accounting Manager (a middle management position)

Purac (Thailand) Ltd. (Ban Chang)

Rayong, Thailand

Corbion is a provider of biobased ingredients for food and biochemical. The company delivers high performance products made from renewable resources and applied in global markets such as bakery, meat, pharmaceuticals and medical devices, home and personal care, packaging, automotive and coating resins. Its products have a differentiating functionality in all kinds of consumer products worldwide. Corbion is the global market leader in lactic acid, lactic acid derivatives and lactides, and a leading company in functional blends containing enzymes, emulsifiers, minerals and vitamins. Corbion has the global workforce of 2,080 as of July 2019, of which 199 in Thailand. Purac (Thailand) Ltd., is a subsidiary of Corbion (former CSM), commercial registered in Thailand in 2004, under BOI promotion. It's operating since 2007 a state of the art in Thailand with capacity of 125,000 tons per annum and a liquid derivative plant. Our Products are Lactic acid, Lactic acid derivatives and Lactides for Biobased Food ingredients and Biochemical.

About this position

As an Accounting Manager at Corbion's largest lactic plant, you will lead an experienced team of 2 and collaborate closely with other Finance team members, ensuring accurate financial management and reporting. You will report to the local Finance Manager and be responsible for analyzing financial data, addressing discrepancies, and developing efficient workflow processes. You will collaborate with a diverse international team dedicated to growing Corbion's business.

Responsibilities

• Ensure the accuracy of the General Ledger in accordance with company guidelines, IFRS, and local legislation (TAS), and disclose necessary reports in a timely manner.
• Review reconciliations related to assets, liabilities, and P&L analysis.
• Prepare and disclose local and managerial reports, providing all required documentation for internal and external parties promptly.
• Control treasury and cash flow (loans), monitor forecasts, and communicate with Division Treasury to ensure accuracy and timeliness.
• Handle and review treasury information requirements for the Bank of Thailand (BOT) and the Ministry of Commerce (MOC) accurately and on time.
• Prepare BOI reports (mainly on capitalized and depreciated assets, sales, product costs, and BOI and non-BOI expenses) accurately and promptly.
• Revise and implement changes in local tax rules and benefits to comply with BOI regulations.
• Control the accuracy of acquisition, write-offs, capitalizations, and depreciations of company fixed assets according to local (Thai law) and divisional requirements.
• Ensure accurate booking of current Fixed Costs and collaborate closely with Controlling on Fixed Costs Actual vs Budget/LE.
• Prepare, update, and monitor written procedures to mitigate company risks, including annual GRMT process reviews.
• Develop and mentor accounting team members to enhance their performance.

Requirements

• Degree in Accounting, Finance, or a related field.
• Minimum of 5 years of management-level experience in the manufacturing sector, preferably in an international environment.
• Experience working closely with external auditors, the Revenue Department, BOT regulations, and BOI.
• Knowledge of Thai GAAP and IFRS.
• Basic knowledge of managerial reporting, balance sheet management, international accounting, internal control, legal and tax legislation, and presentations.
• Solid experience with ERP systems, such as SAP.
• Proficiency in English communication.
• Excellent skills in MS Office (Excel, PowerPoint, Word).
• Strong abilities in leadership, driving results, accountability, problem-solving, and coordination.