JOB SUMMARY

The Record to Report team (RTR) has key responsibility for financial closing process, management reports, statutory financial statements, corporate income tax calculation/refund and related accounting systems and controls for other JV under Siam Piwat Group and its subsidiaries to ensure correctness, completeness, timeliness and compliance with Thai Accounting Standards and Revenue Code. The role supports organizational efficiency, transparency, and financial integrity.

DUTIES AND RESPONSIBILITIES

Month-End Closing

Supervision of Closing Processes: Oversee the month-end closing processes to ensure timely and accurate completion. This includes the preparation and review of all adjusting journal entries and transactions, such as prepaid expenses, bank reconciliations, accrued expenses, provision, and fixed asset records, to ensure accuracy and completeness.

This is a list of activities and responsibilities in relation to month-end closing but not limited to:

· Prepare journal entries for accrued expenses and provision (if any)

· Prepare the monthly amortization schedule and post journal entries for expenses paid in advance, such as rent or insurance, subscription license.

· Prepare account reconciliations to ensure accuracy and reliable against with related supporting documents.

· Reconcile and confirm all intercompany transactions (e.g., loans, sales, rent) between all entities under SPWG.

· Calculate and prepare corporate income tax calculations on a monthly and annual basis. Including filling corporate tax forms (P.N.D. 50, P.N.D. 51 and Transferred Pricing Form) and handling the preparation of all necessary supporting documentation for corporate tax refund processes.

· Review all journal entries and account reconciliations prepared by junior staff to ensure accuracy and compliance with accounting policies.

· Compile all necessary documentation and schedules to prepare for external audits, ensuring a smooth and efficient audit process.

· Act as the primary liaison between the accounting team and other departments, such as sales and operations, to gather necessary information (e.g., invoices, expense reports) before the close starts.

· Participate in assigned project to provide support or recommendation on accounting related matters.

· Ensure all accounting records and financial processes comply with TFRS. This includes maintaining meticulous records for audit readiness.

Fixed Asset Management:

· Maintain and update the fixed asset register, ensuring the accuracy and integrity of all asset-related data, including acquisition costs, locations, useful lives, and salvage values.

· Review capital expenditure requests and new asset acquisitions to ensure proper classification and capitalization in accordance with company policy and relevant TFRS accounting standards.

· Prepare and process journal entries for all fixed asset transactions, including additions, transfers, reclassifications, and disposals.

· Calculate and record monthly, quarterly, and annual depreciation and amortization expenses for all fixed and intangible assets.

· Perform periodic reviews of asset useful lives and depreciation methods to ensure they remain appropriate and in line with industry standards.

· Prepare and present detailed fixed asset reports and schedules for management, auditors, and regulatory bodies.

· Provide support for budgeting and forecasting activities related to capital expenditures (CapEx).

Financial Reporting

Financial Statement Preparation: Prepare and review financial statements and cash flow statements. Additionally, supervise subordinates in the preparation of these statements for less complex entities, ensuring consistency and adherence to standards. This role includes coordinating with external auditors to facilitate a smooth and efficient audit process.

Consolidated Reporting: Prepare quarterly financial statements and accompanying notes for assigned entities, ensuring they are ready for consolidated reporting. This requires a deep understanding of financial reporting principles and corporate structure.

Regulatory Submissions: Ensure the timely and accurate submission of financial statements to the Department of Business Development.

Others

• Perform other tasks as assigned by the supervisor.

JOB SPECIFICATION

Education and Experience:

• Bachelor’s degree in accounting.

• Minimum of 5-7 years of progressive experience in accounting.

• Strong knowledge of financial reporting standards and tax regulations

• Excellent analytical, team management, and communication skills.

• Proficient in ERP system and Microsoft Excel.

• Direct experience in a shared service center environment is a strong advantage.

• Auditing experience and having a CPA license will be given special consideration.