Senior Accountant

Job description

Join the Lotus Bakeries Thailand team as a Senior Accountant, where you will play a key role in ensuring accurate financial reporting and maintaining strong compliance standards. In this role, you will be responsible for managing general accounting operations, financial reporting, and tax compliance for the company. You will serve as the main point of contact for monthly, quarterly, and annual financial closing activities, while coordinating closely with external statutory auditors and tax service providers to ensure audit readiness and regulatory compliance. The Senior Accountant reports directly to the Accounting & Reporting Manager, who reports to the Finance and Supply Chain Director – Asia Offices. Working in close partnership with the Accounting & Reporting Manager, you will act as a key finance business partner to both the regional headquarters and plant operations, helping drive high-quality financial processes and supporting the organization’s continued growth. General Accounting Manage day-to-day GL postings and ensure accurate and timely month-end closing in compliance with IFRS standards. Execute monthly closing activities across accounting modules (AP, AR, Fixed Assets, etc.) and prepare necessary journal entries. Prepare and review account reconciliations to ensure accuracy and completeness of financial data. Support business users to ensure transactions are recorded under correct GL accounts and cost centers. Maintain chart of accounts and accounting master data (GL accounts, cost centers, profit centers). Ensure effective internal controls and compliance with global and local accounting policies, procedures, and SOPs. Reporting Prepare timely monthly financial reports in SAP in accordance with Local GAAP and IFRS requirements. Analyze managerial reports and support budgeting and latest estimate (LE) processes. Tax Prepare quarterly corporate income tax (CIT) and deferred tax calculations, including half-year tax estimations and timely tax return submissions. Coordinate with auditors on annual corporate income tax computation and manage the tax filing process. Review and ensure accuracy of VAT and withholding tax (WHT) calculations and submissions in collaboration with the AP team. Support tax audits and provide required information and documentation to tax authorities and related parties. Treasury Manage intercompany transactions. Ensure to complete all crossed-charge items. Work with related parties to obtain information for proper charge-out/in within the timeline. Manage to resolve any intercompany cross-charge issues. To support intercompany loan/ interest records and any necessary ICO payment. Prepare cash flow update and forecast and assist to manage company cash flow. Fixed Asset Control & Management Maintain fixed asset master data, capitalization, and reconciliation in compliance with IFRS and local GAAP. Monitor fixed asset movements and depreciation to ensure accuracy of asset records. Ensure proper internal controls, asset verification, and tagging processes are in place. Manage fixed asset disposals in accordance with company policies and local tax regulations. Resolve fixed asset issues and provide guidance to teams on fixed asset procedures. Inventory/Stock accounting Manage to ensure the correctness of stock balances. Work with plant controller/or related team on inventory management. Manage team on stock count as per Finance Policy. Prepare the month end closing for the stock revaluation and necessary stock adjustment. Other Support duties Prepare annual statutory financial statements. Perform checking on audit programs to ensure good controls are maintained. Ad hoc assignments by Accounting & Reporting manager. Support Project New Asia Factory & BOI related matters Education (degree) Bachelor's Degree in Accounting with a relevant Master (is a pre) Specific knowledge Excellent knowledge of Excel Experience with SAP Good knowledge in IFRS, accounting standards and tax laws. Experience Min. 4-7 years of solid experience in Finance Has experience in building and coaching teams. Good understanding of Thai financial regulations and local accounting practices is a must. Language(s): Fluent in Thai (both verbally and in writing) Fluent in English (both verbally and in writing) Personal competences Strong personality, serious partner in business, perfect sparring partner for Project Team Active, well organized, teamwork, proactive & service mind. Good coordinator with other departments Strong sense of business partner. Strong willingness to provide support team and related parties Work location This role is based in Bangkok and requires occasional travel to the Chonburi factory as needed.