Accounting Assistant Manager

Essential Responsibilities and Duties
Supervisory Responsibility
• Leads, manages and motivates the team personnel in his/her sphere of functional responsibility as well as their personal development
• ensures the transfer of the tesa/BDF management approach as well as functional know-how to the local team.
Planning/Budgeting/Forecasts
• Assist the controlling team in developing the Annual Business Plan (ABP) for the company based on the inputs from other departments.
• Submit required reports for ABP, LE, and Forecast etc. in due course.
Book-keeping and GL Reports
• Ensure proper booking of all administration related expenses/overhead. Check all payments and receipts vouchers and cheques.
• Ensure that stipulated and statutory books/records are maintained in accordance with the company's accounting policies, country law and local GAAP and IFRS standards
• Responsible for timely and accurate monthly closing & quarterly corporate reporting
• Work as a team to get GL closed by 3rd working day and accounts submitted per group reporting schedules
Booking Transactions, bank reconciliation, finance seal chop/check accuracy
• Ensure bank reconciliation on monthly basis and follow up un-reconciled items timely
• Evaluate forex requirements for the company in consultation with other departments and advises the supervisor/manager on forex hedging requirement (if adequate)
• Coordinate with the bank for bank's credit/debit advice, L/C, remittance and bank statements
• Ensure safely storing of booking vouchers and integrity of data control/storing
• Ensure payments/cheques accuracy before chopping the finance seal for payments before transferring further for senior managers' signatory
Tax - Corporate tax / VAT / Transfer pricing
• Manage transfer pricing issues, including but not limited to intercompany transactions, loans and hedging
• Identify tax optimization opportunities, recommend and implement ideas / measures to optimize tax, including availing to tax incentives where possible
• Respond to tax enquires from internal and external parties and if required involve internal or external professionals to assist in the process
• Liaise with tax agent (where applicable) in tax computation, VAT reporting, address queries / provide information to authorities.
• Assist the Superior in company structures and tax structuring / planning matters
• Interface point with tax advisors and as well as Corporate HQ and Regional HQ
• Ensure tax compliance with relevant group policies / procedures and statutory requirements in the countries / region
Governance/ Compliance/ Controls
• Ensure compliance with group's policies & procedures and local tax and statutory requirement
• Review and ensure internal controls are in place and working effectively - conduct reviews and checks using Risk Control Matrix and other tools
• Ensure necessary documentation and records are in place, according to group guidelines and local statutory requirements
• Oversee, liaise and manage the internal and external audit process
Treasury / Cash Management
• Manage the cashflow for the company to maintain it in most optimum condition for achievement of the company's objectives. Liaise with banks and AR Accountant towards this objective.
• Monitor and maintain adequate credit lines with the banks to support Finance Controller in achieving company's no liquidity problem
• Ensure monthly cashflow statements and funding/loan forecast and submit to the Supervisor for approval. Ensure the accuracy of forecasting
• Ensures proper relationships with national and multinational banks, negotiates and monitors terms and conditions and ensure sufficient credit facilities in place
• Ensure compliance with ACM and Corporate Treasury / Hedging / Dividend guidelines and Corporate Reporting (TIS) requirement
Insurance Management (excluding staff related insurance which is covered by HR)
• Review current insurance requirements for the company on a periodic basis and advise the Financial Controller on adequate insurance cover for the company's assets
• Maintain group insurance policies up-to-date and timely renew of insurance policy. Follow up with the insurance broke agent and the insurance company for securing claims
Payroll
• Prepare monthly payroll register/reports and monitor progress with budgets, through liaison with HR payroll department. Book-keep all payroll transactions and provide necessary analysis.
• Be the interface with external parties such as banks, auditor, tax office etc
• Complete statutory reports to meet due date.
Legal/ Company Sec
• Ensure compliance with both legal and tax requirement
• Assist and Support Finance Lead on company structures / tax and planning matters
• Assist and Support Finance Lead on company structures / tax and planning matters
• Supervise and ensure timely submission / reporting and compliance with government authorities
Other jobs
• Other jobs assigned by his/her supervisors/managers
• Support and work with on Special projects/initiatives as and when required