Finance Manager

About the role

The Finance Manager will lead the full spectrum of finance and accounting operations for the Thailand business, ensuring financial integrity, regulatory compliance, and strategic support to drive profitable growth. This role acts as a business partner to country management, supporting retail, spa/clinic, and distribution operations.

Duties & Responsibilities:

1. Financial Reporting & Compliance

• Oversee full set of accounts (GL, AP, AR, inventory, fixed assets)
• Ensure timely monthly, quarterly, and annual financial closing
• Prepare management reports (P&L, Balance Sheet, Cash Flow)
• Ensure compliance with Thai accounting standards, tax regulations, and group policies
• Liaise with external auditors, tax agents, and regulatory authorities

2. Budgeting, Forecasting & Performance Management

• Lead annual budgeting and rolling forecasts

• Perform variance analysis and profitability analysis by outlet / brand

• Monitor KPIs such as:

  • Sales per outlet
  • Staff productivity
  • Gross margin by product/service

• Provide insights to management for decision-making

3. Cost Control & Business Profitability

• Drive cost optimisation initiatives (rental, manpower, marketing ROI)
• Analyse outlet-level profitability and recommend actions
• Support pricing strategy and promotional analysis
• Ensure alignment with group profitability targets

4. Cash Flow & Working Capital Management

• Manage cash flow, liquidity, and banking relationships
• Monitor AR, AP, and inventory cycles
• Optimise working capital to support expansion
• Ensure adequate funding for operations and growth

5. Inventory & Retail Finance Control

• Monitor stock levels, ageing, and obsolescence risks
• Ensure proper inventory valuation and controls
• Partner with operations on demand planning and stock optimisation

6. Team Leadership & Process Improvement

• Lead and develop the Thailand finance team
• Strengthen internal controls and SOPs
• Drive automation and system improvements (ERP, reporting tools)
• Ensure efficient and accurate finance operations

7. Strategic Business Partnering

• Support new outlet expansion, investment evaluation, and ROI analysis
• Provide financial modelling for business initiatives
• Partner with commercial and operations teams to improve performance
• Contribute to regional finance alignment (ASEAN)

Requirements:

• Degree in Accounting / Finance / Business
• 8–12 years of experience, with at least 3–5 years in managerial role
• Experience in Retail / FMCG / beauty / healthcare / multi-outlet business (preferred)
• Professional qualification (CPA/ACCA) is an advantage
• Strong financial analysis and business acumen
• Knowledge of Thai tax and statutory requirements
• Leadership and stakeholder management skills
• High attention to detail and strong internal control mindset
• Ability to work in a regional / multinational environment