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Finance Manager, Thailand
Full timeManagerThailand
Levanta Renewables is a renewable energy developer and independent power producer in Southeast Asia. We develop, build and deliver renewable energy solutions that work for each country in support of its transition to renewable energy, and do so in a sustainable manner while helping local communities. With a shared goal towards helping Southeast Asia realise its energy transition and net zero targets, Levanta is backed by Actis, a leading sustainable infrastructure private equity firm. We are developing 1.5 GW of renewable energy projects in Southeast Asia through M&A and greenfield development of C&I and utility scale projects.
Due to business expansion, we are actively seeking a Finance Manager to be based in Bangkok, Thailand to join our Finance & Accounting team. This role reports to the Finance Director, Thailand.
Roles & Responsibilities
A Finance Manager role encompassing building-up & management of accounting control system to ensure the accounting of company in compliance with the accounting principles and other governing law in Thailand and respond to issue financial & internal reports accurately, timely and sufficiently. The role requires managing the timely and accurate completion as well as review of accounts and associated outputs.
A key part of this role is to take full control of financial on boarding in Thailand. This includes accounting, drafting of reports and review of the entries/accounts passed by Accountants.
1. Accounting oversight:
- Oversee monthly accounting and financial reporting processes, ensuring accuracy and timeliness.
- Ensure the timely and accurate completion of bank reconciliations and other critical accounting tasks.
- Continuously review and enhance accounting and operational procedures, implementing appropriate internal controls.
- Prepare and distribute intercompany and balance sheet reconciliations to ensure accuracy and control over financial statements.
- Compile and deliver financial reports in line with company policies and procedures.
- Monitor the operational cashflow in TH entities.
- Maintain a risk and control framework for internal audit purposes, addressing and resolving any issues identified during audits or internal reviews.
- Hands-on involvement in tasks, when necessary, particularly due to the small team structure, ensuring all responsibilities are met.
- Establish and enforce proper accounting methods, policies and principles covering both BOI and Non-BOI.
2. Budget preparation & control:
- Collaborate with cross-functional teams to develop and monitor annual business budgets.
- To monitor actual spending or performance against budget, highlighting key performance indicators (KPIs) and delivering detailed variance analysis.
- Assess and address any significant variances between Budget and Actual.
3. Invoice review & payment approvals:
- Manage all aspects of Accounts Payable, including the review and approval of vendor invoices, payments, and contracts.
- Ensure timely and accurate processing of AP activities while maintaining strong control over payments.
4. Local tax compliance:
- Oversee corporate tax compilation and submission, ensuring timely and accurate payments in compliance with local tax regulations.
- Collaborate with external tax consultants to resolve tax-related queries regarding business operations, contracts, or specific transactions.
- Prepare and submit all required tax returns, including VAT, corporate income tax, and other statutory filings, ensuring compliance with local regulations.
- Assist in the preparation of year-end tax filings and support any external audits as needed.
5. Audit management:
- Take ownership of the entire audit process, include manage and resolve audit issues from initial planning through to the signing of accounts.
- Coordinate between external auditors, tax advisors, and internal teams, ensuring that audits are completed within the required timelines.
6. General:
- Assist in ERP implementation.
- Support regional finance team as required.
- Undertake ad-hoc assignments management may request from time to time.
Ideal candidate should possess
1. Essential requirements:
- Bachelor’s degree in Accounting, Finance, or related field(s). CPA or equivalent qualification is a plus.
- 10+ years of experience in supervision role in handling finance & accounting activities.
- Good knowledge of IFRS/ local accounting requirements, tax rules and regulations.
2. Preferable / Desired:
- Prior experience / exposure to the renewable energy sector.
- Audit Background from a Top 10 firm would be a significant advantage.
- Advanced standard MS Office suite, especially PowerPoint & Excel.
- Experience in accounting software such as MISA and Business Dynamic.
- Right to work in Thailand, Bangkok.
3. Competencies & Technical expertise:
- Good verbal and written proficiency in English.
- Highly organized and detail-oriented, with the ability to produce accurate financial reports and manage complex processes.
- Proven leadership skills, including managing small teams and leading virtual teams when necessary.
- Ability to handle multiple tasks simultaneously while working in a fast-paced environment with tight deadlines.
- Willingness to take on additional ad hoc tasks, including covering for absent team members or other urgent responsibilities.
- Take full ownership of issues until satisfactory resolution is achieved, demonstrating a results-oriented, hands-on approach.
Submit your Application Here