Accounts Executive

Working Location: Bang Sue, Bangkok

ABOUT SOCOMEC

Founded in 1922 in Alsace, France, Socomec Group is an independent, family-owned industrial manufacturer specializing in the availability, control, and safety of low-voltage electrical networks. The company employs over 4,800 to 5,200 people across 30 subsidiaries worldwide, reporting a revenue of €997 million

Visit us at our website www.socomec.com

RESPONSIBILITIES

AP – Third-Party and Staff Claims Processing

• Responsible for posting and processing payments for third-party AP invoices and staff claims for two Thailand entities.
• Verify all third-party AP invoices and staff claims to ensure approvals and relevant supporting documents are in place according to the DOA before payment.

AP – Intercompany Processing and Group System (HFM) Biannual Reconciliation

• Responsible for posting and processing payments for intercompany AP invoices for two Thailand entities.
• Verify all intercompany AP invoices to ensure approvals and relevant supporting documents are in place according to the DOA before payment.
• Obtain Statement of Accounts from inter-company suppliers and reconcile with AP Aging in SAP B1.
• Resolve any disputes with intercompany suppliers.
• HFM reconciliation: Upload and match HFM transactions.

Cashflow & Loan Management

• Provide the monthly cash outflow and inflow forecast for review by Senior Accountant.
• Contribute to maintaining adequate cash flow for operations and proactively alert the Senior Accountant of any foreseeable cash flow issues.
• Ensure loan repayments and interest payments are promptly processed according to the due date/payment terms.

Tax Related – VAT/WHT

• Prepare VAT/WHT filing/certificates/payments for review by Senior Accountant.

AR Tasks

• Follow up on collections from customers before the due date or when overdue.
• Record AR transactions in SAP.
• Send AR Aging report to Sales and AR incoming report to Senior Accountant monthly.
• Issue AR Credit Notes based on approved CN form.

Other Accounting Tasks

• Update exchange rates in SAP and perform month-end revaluations.
• Creation/maintenance of customer and vendor records in SAP.
• Prepare and manage bank guarantees.
• Support audits by providing required documents to external and internal auditors.
• Undertake any ad hoc finance assignments as required.

REQUIREMENTS

• Degree in Accounting
• Ability to read and communicate in English would be preferred
• Financial Accounting (AP/AR/Tax)
• Administration of intercompany and third-party invoices, as well as staff expense claim payments
• Microsoft Office including Excel and Word