Job Summary:
The Accounting & Financial Manager will direct and oversee the financial and accounting activities of the corporation; maintain accounting best practices; direct the preparation of current financial reports and summaries, and create forecasts predicting future growth.
Supervisory Responsibilities:
- Oversees Accounting department, budget preparation, and audit functions.
- Works with other department heads to monitor each department and make recommendations.
Duties/Responsibilities:
Accouting Management
- Overview on inventory management & resolve any issues
- Prepare statistics, trade reports, loan reports…to local authorities as per request.
- Work with line manager on fixed expense budgeting, analysis and management reports
- Prepare all tax reports by monthly/quarterly and yearly as required.
- Lead all matters regards to Vietnam Accounting, Tax & Inventory
- Co- ordinations with local banks & corresponding facilities
- Responsible for accurate closing all assigned books each monthly and yearly for all company accounts.
- Follow up loan agreements and ensure interest calculations are recorded and loan payments are made accordingly. Prepare and submit loan dossier as required.
- Reconciliation of balance sheet accounts on monthly basis.
- Prepare and review accurate profit and loss reports & ensure all submissions are as per required standards.
- To ensure that accounting and tax matters are compliance with regulations.
- Manage & respond to audit requests both internal & external
- Ensure all receivables, receipts, chargebacks and payable items are processed and recorded accurately and timely; monitor collection of receivables and escalate as necessary
- Effectively lead accounting team to timely tasks completions & ensure full adherence to local compliances for all finance / tax / inventory related matters.
- Prepare accounting books according to VAS requirement.
- Work with auditor and local authorities as needed.
- Liaising with the Vietnamese Taxation Office and others local officers when required
- Others task to be assigned by General Manager.
Financial Management
- Directs the preparation of all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports.
- Identifies opportunities for expansion into new product areas.
- Analyzes operations to identify areas in need of reorganization, downsizing, or elimination.
- Reviews planning process and suggests improvements to current methods.
- Compares sales and profit projections to actual figures and budgeted expenses to actual expenses; makes or oversees any necessary adjustments to future projections and budgets.
