Accounting & Tax Manager
2 months ago
Blackmores Group is an Australian publicly-listed company, with an extensive presence across Asia Pacific. Our vision is to connect every person on earth to the healing power of nature by combining our knowledge of nature and science to deliver quality health solutions to people and their pets everywhere, every day. Recognising that you can’t have healthy people without a healthy planet, we’re strongly committed to embedding sustainability across our business and giving back to the communities in which we operate.
As a purpose-led, performance-driven organisation, Blackmores Group strives to create remarkable employee experiences through supporting a diverse and inclusive culture, creating leadership that inspires high performance, and providing everyone with opportunities to achieve their professional, personal and wellbeing goals supported by our flexible work practices and family friendly policies.
**Purpose of role**:
To create and preserve wealth by developing, directing and implementing financial and workforce strategies and activities for Blackmores accounting team
**Responsibilities include**:
**1. Teamwork and Contribution**
- Demonstrate strong leadership and promote the values, image and role of Blackmores to all team members.
- Develop team members by providing opportunities to increase skill set, process improvement, cross functional collaboration
**2.Financial Accounting**
- Review all accounting operations including Billing, A/R, A/P, Fixed Assets, Inventory Accounting (including Consignment), GL and Revenue Recognition
- Fixed assets - fixed asset register reconciliation
- Operating expenses control & management
- Cash and bank - managing cash payments and collections and reconciling bank accounts
- Management and reconciliation of intercompany trading balances
- Ensure accuracy in Financial Statements TB, PL, BS, CF and Load Actuals and Forecasts into Group reporting system.
**3. Tax Management**
- Proactive lodgment of half yearly and yearly tax return reporting.
- Ensure adequate records and audit trails exist to support lodged returns.
- Liaise with tax advisors and planners
- appropriate tax provision computation and fully reconciled tax effect accounting entries provisions are maintained in the general ledger
- Experience with tax implications for intercompany transactions, transfer pricing (TP) and TP documentation
- Review all indirect tax returns and ensure submitted on time
**4. Reporting & Control**
- Work with Business to ensure appropriate month end cut-off and submit reports on timeline.
- Review balance sheet reconciliation on monthly basis and ensure that there are adequate supporting details and long outstanding balances were cleared out.
- Provide forecasting assistance across the business.
- Work with assigned departments to finalize monthly results and forecasting analysis.
- Prepare Thai Board Report, including Consolidated Balance Sheets as per statutory requirement.
- Liaise with International offices and Head Office International Department on reporting issues.
- Coordination of external auditors
**5. Inventory**
- Management of inventory controls
- Ensure all inventory transactions are recorded completely and at proper valuation in the Accounting/ERP system
- Reconciliation of inventory subledger balance to balance sheet
- Monitor aging of inventory and minimize SLOB provisions and write offs.Handling of inventory write-offs and disposals
**6. Cash flow management and Bank Relation**
- Prepare cash flow forecasting based on status of Accounts Receivables, Payable and Payroll.
- Ensure receivable balances are monitored and collected on time and cash flow needs are anticipated and met and management of inter-co loan facilities.
- Seek ways to minimize expenses and reduce costs through better information and advice to managers
**7. Other Support**
- Contribute to finance / account project for process improvement and simplification
- Work with relevant parties like IT to evaluate system requirements, establish the workflow and system integration for account / finance related functions
**Who are you?**
- Bachelor in Finance and/or Accounting or equivalent academic qualifications
- Minimum of five years’ managerial experience in similar capacity (MNC/listed company experience preferred) and dealt with multiple business partners
- Good knowledge of Financial and Management accounting
- Strong verbal and written communication / English literacy
- High Level of Computer Skills
- Hands on experience in TM1, Oracle or SAP
- The ability to work in a fast-paced environment with excellent attention to detail
- Proven organisation, leadership and coaching skills
- Experience in implementation of ERP system with inventory management, sales order and purchasing module
- Agencies please note: this recruitment assignment is being managed directly by Blackmores Talent Acquisition team. We will reach out to our preferred agency partners if required. Your respect for this
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