Accounting & Control Manager, Thailand Job

Company Name: Boston Scientific

Location: Bangkok, 10, TH

Job Duration: 2021-09-12 to 2021-10-12

Overview

Purpose

 

  • The Accounting & Control Manager is a key member of the country leadership team and is responsible for ensuring that all aspects of accounting, compliance, and controls are executed in an effective and efficient manner. Highlighting opportunities and risks to country leadership as well as to ASEAN HQ Finance. The Accounting and Control Manager is also responsible for administering credit policies and procedures to minimize loss of credit losses and maximize collection achievement. This position reports to Head of Accounting and Control, ASEAN.

 

Responsibilities

 

Accounting & Controls

  • Oversees financial and accounting processes to ensure compliance with Corporate and local policies, statutory requirements and Generally Accepted Accounting Principles/Standards and ethical standards with unyielding integrity

  • Manages administration of accounts receivable, accounts payable, inventory control accounting, payroll, and local tax payments, oversees month end close process to ensure timely close and financial reports preparation. Certain processes and procedures require the Manager to be “hands-on”.

  • Balance Sheet and Assets Management – Works with the ASEAN HQ: To achieve effective balance sheet and assets management; To develop and maintain credit and collection policies, procedures and processes for effective AR management; In the development and carrying-out of inventory control procedures, including physical stock-take, audit and control of both warehouse and hospital consignment inventory; To maintain proper inventory reserves for Excess, Expired and Obsolete Inventory; To co-ordinate effective cash management and cash forecasting to ensure smooth cash flows for business operations while maintaining a minimum idle cash balance; Maintains asset register to well keep track on and safeguard company assets.

  • Works with ASEAN HQ to develop Risk Control Matrix (RCM) to support financial reporting assurance, reduce operational risk and validates the effectiveness of controls.

  • Supports independent auditors and audit-related accounting matter..

  • Manges tax audit thorough understanding of the tax regulations and tax audit process. Have adequate planning and a clear strategy for managing and resolving issues while liaising with the tax authorities.

Compliance

  • Ensures that requirements of Corporate and Local compliance policies are embedded in local accounting procedures, and controls are adequate to prevent/detect compliance violations. Partners with AMEA Legal & Compliance to ensure an adequate control environment.

  • Drives compliance in all finance related matters (CA&C, SOX, Statutory, monthly Closing); Participates in implementing Quality requirements in all aspects of the Finance Process.

 

Business Support

  • Works collaboratively with country leadership to drive accelerated growth and to explore new strategies

  • Anticipates financial needs of business partners and proactively develops financial solutions to those requirements, seeking support and guidance from ASEAN HQ Finance as necessary

  • Provides insight into operating expense trends, as well as recommendations for expense reduction opportunities

  • Monitors Working Capital position and recommends/implements strategies to improve

 

Others

  • Participation and/or leadership in both finance and cross-functional projects, at the local, regional, and global level. Implements and drives process improvements & efficiency

  • General office administration tasks as required, including liaison with Corporate Secretary, vendors for local facilities & services, legal counsel, etc

 

Key Compentencies

  • Ability to think strategically, coupled with a global perspective

  • Ability to manage complex tasks and prioritize appropriately

  • Ability to work with minimal supervision, and proactively communicate issues encountered and support required

  • Possess financial acumen, and meticulous in approach

  • High degree of analytical/ analysis and business skills. Ability to use data to influence decision making process and assist critical business decisions. Familiarization with financial Modeling would be an advantage

  • Firm commitment to professional standards and ethics

  • Ability to navigate within a matrix organisation and be able to engage broadly across the organisation on business objectives

  • Ability to influence and collaborate, and customer focused at all times

  • Strong planning and execution abilities

  • Good communication, people development and relationship building skills

  • Positivity and a can-do spirit despite tight timelines

 

Qualifications and Experiences

  • At least 10 years of relevant experience in accounting and finance roles, with increasing levels of responsibilities. 

  • Degree in Accounting or Finance, CPA preferred. Experience with US GAAP and Sarbanes-Oxley requirements preferred. 

 

This position is local employment only.