Senior Accountant

Socomec Ups (thailand) Co., Ltd. (Bangkok Metropolitan Area)

Bangkok Metropolitan Region, Thailand

Founded in 1922, SOCOMEC is an independent industrial group with a workforce of 3900 experts spread over 30 subsidiaries in the world. Our core business: the availability, control and safety of low voltage electrical networks serving our customers’ power performance.

About this position

The Senior Accountant is responsible for overseeing financial reporting, compliance, treasury management, taxation, and operations within the Thailand entities, ensuring accuracy and reliability in accounting practices.

Responsibilities

• Month-end and Year-end Closing & Group Reporting: Preparation of closing for Thailand entities (operating and holding).
• Statutory Compliance: Preparation of FS for Thailand entities & coordination with auditors for yearly statutory audit and annual stock take.
• Accounting: Ensuring complete accuracy/reliability in accounting including consistency in accounting practices/ process to Group/local statutory accounting rules. Assist in internal audit and implementation of corrective actions.
• Ensuring fund availability based on forecast.
• Coordination with bankers for bank guarantees and other relevant matters.
• Responsible for Tax compliance for Thailand.
• Reporting of statutory compliances per entity [Income tax, withholding tax, /VAT, annual filing / audit].
• Coordination with Tax agents in Thailand to ensure required data is provided to tax agents/ consultants and timely compliance done.
• Coordinate with Tax consultants for managing the tax litigation and take required action with Finance Manager on litigation.
• Ensure compliance of Transfer pricing and yearly documentation with tax consultant and HQ team.
• Working closely with operations (Sales administration, business manager, Asia management team and other relevant stakeholders).
• Responsible to follow, build, improve and manage streamlined financial systems in Thailand.
• Manage and review inter-company reconciliation and confirmation.
• Make and implement recommendations to improve accounting processes and procedure.
• Assist to provide relevant information in the budgeting, financial forecasting and cash flow management.
• Assist, actively participate and contribute to project and system implementations.
• Perform any finance-related ad hoc tasks required by management pertaining to Thailand business.
• Cover Finance Manager on daily operations when on leave, away or incapacitated.

Requirements

• Strong command of English.
• Degree in Accountancy or ACCA or equivalent.
• Minimum 5 years of accounting experience in a similar capacity.
• Prior experience in MNC environment will be highly advantageous.
• Prior experience in full set account.
• SAP B1 experience is preferred but not mandatory.