Financial Controller

About the Role

The Financial Controller manages the day-to-day operation of the Thailand Controllership team. Primary responsibilities include financial reporting, statutory audit and internal controls, asset and liability reconciliation, working capital and cashflow management. The role also works with Tax team for regulatory tax compliance and provides support for ad-hoc projects from a finance perspective to drive positive business outcome. The role will be responsible for statutory consolidation, audit for designated legal entities while partnering with Marketing & Sales (M&S) or Resort Ops finance teams.

Key Responsibilities

Month-end Close and Balance Sheet Management

• Manage monthly financial month-end close process
• Review and ensure journal entries are prepared timely and accurately
• Ensure all balance sheet reconciliations are completed within timeline with proper support and documentation
• Ensure balance sheet reconciling items are researched and cleared timely within the next period
• Develop a sound understanding of all balance sheet accounts and be able to explain drivers for fluctuations
• Regularly challenge legacy or existing processes for improvements to drive efficiency
• Provide appropriate support and back up to other Controllership teams as the business requires

Cash Management / Treasury

• Manage and consolidate cashflow requirements for area of responsibility to ensure sufficient operating cashflow
• Coordinate funding requirements with Corporate Treasury and other Controllership teams to ensure optimal use of cash
• In conjunction with Corporate Treasury, support the set-up or closure of bank accounts, where required
• Assist Corporate Treasury in driving any Treasury-related projects for area of responsibility (e.g. zero-balance account, cash pooling, cash maximization)

Inter-company, Accounts Receivable and Accounts Payable

• Ensure inter-company transactions are recorded in line with business activities and appropriately supported by relevant inter-company agreements
• Ensure timely settlement of inter-company balances including paper settlement
• Ensure inter-company balances are reconciled every period and confirm that all inter-company billings are well supported before periodic settlement
• Develop a sound understanding of inter-company transactions, balances, and business activities, and be able to explain fluctuations and movements
• Manage accounts payable and receivable to ensure timely and accurate recording of transactions, and timely settlement of balances

Monthly Payroll

• Manage monthly payroll process to ensure accurate and timely payment
• Ensure any payroll compliance or statutory requirements are met within timeline

Internal Controls

• Ensure accounting transactions are within MVW's internal controls, compliance framework and SOX process flows
• Ensure quarterly MVWP-66 balance sheet certification is reviewed and completed within stipulated timeline
• Review and ensure appropriate internal controls to safeguard assets and manage business risks
• Effectively manage all internal audits

Statutory/Compliance Reporting

• Manage completion of statutory audits, tax filings and other compliance matters for assigned entities within timeline
• Ensure clear reconciliation and documentation between management accounts (US GAAP) and local statutory accounts
• Assist with assessment of the impact of new accounting standards on local statutory report (e.g. Revenue Recognition, Lease Accounting)
• Ensure VAT/GST, WHT and other Indirect Taxes are filed timely and accurately
• Work with Global Tax team on the tax reporting pack, transfer pricing studies and any other initiatives impacting area of responsibility

Team / Associate Development

• Provide meaningful guidance to team members to assist them in properly executing their assigned duties
• Develop team members by regularly sharing best practices, technical knowledge and business concepts
• Provide regular constructive feedback and coaching to team members
• Develop team capabilities to ensure backup are in place for team continuity
• Leverage the unique strengths of each associate, bringing out the best in the team

Projects

• Regularly review and challenge legacy or existing processes to drive process improvements and efficiency
• Participate and support financial systems and reporting projects
• Participate and support new projects as required to drive positive business outcome
• Assist in cross-functional projects requiring finance expertise

Qualifications

• Degree in Finance or Accounting with at least 8 years of relevant working experience
• Strong experience in leading teams
• Strong MS Office knowledge, particularly in Microsoft Excel
• Strong communication skills – Proficiency in reading and writing English and Thai language
• Ability to handle multiple tasks and priorities
• Positive attitude, self-motivated and highly driven
• Integrity, dependability, positive demeanor
• Curious, resourceful, adaptable, independent
• Highly motivated self-starter, keen to learn
• Able to influence and drive positive behavior
• Able to build and maintain excellent rapport with all levels of associates
• Detail-oriented, well organized, procedure driven, meticulous