Senior Accounting Officer - AR
- Full-time
- Company Location: Bangkok
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.
Job Description
Job Purpose
Senior Accounting Officer- Credit is responsible for processing accounting receivables for Hotel Group, collecting for all BU, applications for credit facilities, and issuing AR-related report according to company policies
Main Responsibilities
Account Receivables for Hotel Group
Verify amount to-be paid by credit customers (e.g. Travels Agents and Companies) on City Ledger (CL) basis is correct as per sales contract
Issue invoice to customers
Issue pro-forma invoice to customers in case of advanced deposits (e.g. Group bookings)
Resolve issues with Properties (if any) and make adjustments as necessary (e.g. overcharge or undercharge)
Review the correctness of invoice and receipt/tax invoice, follow up to have them completely (if any).
Collect and distribute invoices
Receive invoices from MGS AR teams (e.g. Consignment, Plaza, Intercompany, Franchise) and coordinate with Bill Collectors to issue invoices and send to customers (e.g. Department Stores)
Resolve issues with customers (if any) e.g. revised, resend invoices.
Follow-up on daily and monthly AR aging report
Coordinate with
Bill-collectors to collect cheques from customers and deposit in banks
Sales team to follow-up with overseas customers
Load bank statement to verify payments are made (major banks are Citibank, SCB and Standard Chartered)
Produce daily Collection report (in Excel) and send to MGS Tax team to produce Output VAT Report
Deduct debt amount received from customers in the system (currently Oracle and Opera)
Contact Legal department in cases of uncollectible accounts according to Credit and Collection policies
Applications for Credit Facilities
Coordinate with Sales team to send application forms to requestors (e.g. Travel Agencies and companies that request direct-billing)
Obtain information about requestors (e.g. company registrar, billing cycles, etc…) from Sales team
Conduct reference check by contacting Properties
Send application form to Properties FC and GM for approval
Create account number for requestors in the system (currently Opera)
Send letter of approval to confirm credit terms and credit limit to requestors
Issuing AR-Related Reports
Send weekly AR aging report to Properties FC and Sales team to advise on outstanding accounts, credit limit and other issues
Follow-up on monthly AR aging report and send report to Properties FC and GM and MGS Accounting Senior Management
Conduct analysis for overdue accounts and percentage of outstanding accounts by Hotels for previous month
Job Specifications
Qualifications
Qualifications:
Proficiency in English Communication in both written and verbal
Education:
Bachelor Degree preferable in Accounting
Experience:
0-2 years of experience in Accounting