Accounting Manager - GL

  • Bangkok, Thailand
  • Full-time

Company Description

Minor International (MINT) is a global company focused on three core businesses: restaurants, hospitality and lifestyle brands distribution. MINT is one of Asia’s largest restaurant companies with over 2,000 outlets operating system-wide in 19 countries under The Pizza Company, Swensen’s, Sizzler, Dairy Queen, Burger King, Thai Express, The Coffee Club, BreadTalk (Thailand) and Riverside brands. MINT is also a hotel owner, operator and investor with a portfolio of 155 hotels and serviced suites under the Anantara, AVANI, Oaks, Tivoli, Elewana Collection, JW Marriott, Four Seasons, St. Regis, Radisson Blu and Minor International brands in 24 countries across Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and South America. MINT is one of Thailand’s largest distributors of lifestyle brands focusing primarily on fashion, home and kitchenware and contract manufacturing. Its brands include Gap, Banana Republic, Brooks Brothers, Esprit, Bossini, Etam, Charles & Keith, Pedro, Radley, Anello, Zwilling J.A. Henckels, Joseph Joseph and ETL Learning. Bemynt is MINT’s e-commerce platform offering premium fashion and lifestyle products. For more information, please visit www.minorinternational.com.Minor International (MINT) is a global company focused on three core businesses: restaurants, hospitality and lifestyle brands distribution. MINT is one of Asia’s largest restaurant companies with over 2,000 outlets operating system-wide in 19 countries under The Pizza Company, Swensen’s, Sizzler, Dairy Queen, Burger King, Thai Express, The Coffee Club, BreadTalk (Thailand) and Riverside brands. MINT is also a hotel owner, operator and investor with a portfolio of 155 hotels and serviced suites under the Anantara, AVANI, Oaks, Tivoli, Elewana Collection, JW Marriott, Four Seasons, St. Regis, Radisson Blu and Minor International brands in 24 countries across Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and South America. MINT is one of Thailand’s largest distributors of lifestyle brands focusing primarily on fashion, home and kitchenware and contract manufacturing. Its brands include Gap, Banana Republic, Brooks Brothers, Esprit, Bossini, Etam, Charles & Keith, Pedro, Radley, Anello, Zwilling J.A. Henckels, Joseph Joseph and ETL Learning. Bemynt is MINT’s e-commerce platform offering premium fashion and lifestyle products. For more information, please visit www.minorinternational.com.

Job Description

1.     Job Purpose

GL Manager is responsible for Leading and managing team to conduct back reconciliation, month-end closing, cooperating with BU and external auditors, performing other tasks, reconciling Corporate Income Tax, continuously identifying improvement opportunities in GL systems or process, and team management

2.     Main Responsibilities

 Bank Reconciliation

      Lead and manage team to

·         Match AP and AR transactions with bank statements

·         Escalate all outstanding transactions to and resolve issues with

§  MGS Accounting AR team for deposits

§  MGS Accounting AP team for payments

·         Transfer to GL and make adjustments as necessary (e.g. bank charges, petty cash, returned salary)

 

Month-End Closing

Prepaid and accrued expenses

      Lead and manage team to

·         Record all pre-paid and accrued expenses into GL

·         Allocate expenses by BU and post to GL

·         Check variance by comparing Trial Balance for current month with previous month

·         Resolve issues as necessary

 

Close P&L and Balance Sheet

     Lead and manage team to

·         Obtain information from all  MGS Accounting teams (e.g. Inventory, Fixed Asset, AP, AR, etc.) and BU (e.g. Sales team)

·         Input statistical data (e.g. Number of shops opened/closed, staff movement etc.)

·         Input recurring expenses and standard journals (e.g.  audit fee, tax and license fee) into the system

·         Generate final P&L and Balance Sheet

·         Prepare document support for financial highlights (e.g. AR aging report)

 

Balance Sheet Breaking Details

      Lead and manage team to

·         Review results of reconciliation with other modules to match with Trial Balance

·         Reconcile bank statements with all other accrued expenses not in AP (e.g. audit fee, KPIs and bonuses)

·         Feedback to originator if any issues identified

·         Check for any mistakes and make adjustments as necessary

 

 

Reconcile Corporate Income Tax (CIT)

·         Extract Net Income from the system (currently Oracle) to generate Corporate Income Tax (CIT)

·         Reconcile CIT with Balance Sheet and record in the system

 

GL System or Processes

·         Identify improvement opportunities in systems and processes

·         Lead and manage team to develop, implement, and report on improvement initiatives

 

Team Management

·         Review team’s performance on a frequent basis

§  Analyse areas for improvements based on frequent reviews

§  Develop and monitor implementation of improvement initiatives

·         Support team and perform tasks individually when needed

·         Ensure high levels of team motivation, morale and teamwork

·         Build organisation

§  Provide development opportunities to staff to build capabilities

§  Coach direct reports and key talents to deliver on individual performance

 

Other Tasks

Sweep loans

      Lead and manage team to

·         Receive text file from Finance team

·         Upload to system (currently Oracle)

 

Maintain charts of accounts

      Lead and manage team to

·         Create and maintain company codes, BU codes, sub-account codes and Intercompany codes

·         Contact requestors and resolve issues with creation/maintenance/deletion of charts of accounts

 

Additional Information

Education:

·         Bachelor’s Degree in Accounting

Experience:

·         At least 5 - 7 years of experience in Accounting

Qualifications:

·         Proficiency in English Communication in both written and verbal

·         Effective Communication