Apr 17, 2025

Senior Officer – Accounting

Location

Phaya Thai, Bangkok

Salary

Based on company’s structure

Vacancies

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Job Descriptions

Job Responsibilities: - Joint Venture Accounting & Reporting: Manage all accounting aspects of joint ventures, including maintaining JV ledgers, preparing and reviewing financial statements for joint venture projects, and ensuring accurate allocation of revenues, expenses, and profit share. - Coordinate with joint venture partners to reconcile accounts and provide timely financial reports, ensuring alignment with agreements and accounting standards. - Tax Audits & Compliance: Oversee and conduct internal and external tax audits to ensure full compliance with tax laws and regulations. - Prepare required documentation and schedules for tax audits, address auditor inquiries, and implement any necessary corrections. - Fixed Asset Management: Oversee the accounting for all fixed assets (e.g. heavy equipment, machinery, vehicles, and facilities) and construction in progress. - Ensure proper capitalization of assets in line with company policy and accounting standards, calculate and record depreciation accurately, and manage asset transfers or disposals. - Implement regular asset audits or physical inventory checks, and maintain an up-to-date fixed asset register that reflects the true asset lifecycle - Tax Refund Processes: Manage the company’s tax refund and recovery processes (such as VAT/GST refunds or withholding tax returns) to ensure the company promptly recovers any eligible taxes. - Compile and submit refund claims with accurate support documentation within statutory deadlines. Track the status of tax refund submissions and liaise with tax authorities to resolve issues or expedite payments. - Liquidated Companies Accounting: Oversee the financial closure and liquidation process for project companies or joint ventures that have concluded their purpose. - Coordinate the preparation of final financial statements, settle all outstanding liabilities, and ensure all accounts are reconciled before closure. - Work closely with legal and compliance teams to man

Qualifications

Bachelor’s degree in accounting or related fields.
Holding CPD is advantage
Minimum of 6-8 years of progressive experience in accounting or finance, with substantial exposure to joint venture accounting, tax compliance, and fixed asset management.
At least 3-5 years of experience in a supervisory or managerial role overseeing accounting teams.
Experience in the construction industry or a project-based business is strongly desired.
Familiarity with accounting for construction projects (e.g. work-in-progress schedules, contract revenue recognition) and handling construction-related tax matters gives a significant advantage
knowledge of accepted accounting principles (GAAP) or IFRS, and solid understanding of corporate tax laws and regulations. Firsthand experience with financial reporting, general ledger reconciliation, tax filings, and audit procedures is required.
Proficiency in using enterprise resource planning (ERP) systems and financial software for accounting (experience with systems common in construction or project accounting is beneficial).
Advanced MS Excel skills for financial analysis and reporting.
Strong competency in financial reporting, analysis, and applying accounting standards
Able to interpret complex joint venture agreements and tax regulations, translating them into proper accounting entries and compliance actions.