OVERVIEW
• Build and improve the accounting system to ensure comprehensive control in compliance with state regulations. Monitor and promptly reflect the movement of capital and assets in all forms.
MAIN DUTIES
System Setup:
Develop the company’s accounting procedures in accordance with accounting standards.
Establish the accounting organization structure, systems, and policies for the company.
Handle tax authority procedures to register invoice usage.
In charge of the company’s general accounting.
Select and purchase accounting software & pay software license fees.
Corporate Financial Accounting:
Close accounting books at period- end, calculate product costs.
Record and monitor accrued expenses.
Print and archive accounting books as per legal requirements.
Record and account for all transactions and contracts in the company’s management systems (accounting software, sales contract management software, etc.).
Allocate depreciation and long- term expenses if applicable.
Preparation of Quarterly and Annual Financial Reports:
Prepare quarterly financial statements and reports on intercompany transactions within the group
Prepare quick monthly business performance reports.
Tax Accounting:
Liaise with tax authorities.
Determine the amount of CIT, PIT, and VAT payable.
Prepare monthly/quarterly tax reports.
Determine deferred corporate income tax according to tax and accounting laws.
Prepare annual CIT and PIT finalization reports.
Issue invoices to customers according to the contract’s payment schedule.
Coordinate with auditors for financial statement audits (6- month, 9- month, and annual).
Finalize taxes with the tax authority.
Accounts Payable Accounting:
Reconcile accounts payable with suppliers.
Monitor, update, and report on contract execution and payables to suppliers.
General Accounting:
Provide records, documents, and explain transactions to the auditing unit.
Prepare periodic financial reports in accordance with accounting standards.
Prepare other reports as required by the state.
Prepare financial reports in accordance with group and joint venture partner requirements.
Coordinate with tax authorities within the scope of responsibility.
Corporate Finance and Accounting:
Finalize project accounts with the tax authorities.
Work with tax inspectors and state auditors (if any).
External relations and communications with government agencies.
Perform other tasks as assigned.
