Finance Manager

Cathay Pacific | Posted 26-04-2021

กรุงเทพมหานคร (ไอทีทั่วไป)


  • FIN - Financial Services
  • Bangkok, Thailand
  • Cathay Pacific
  • Application Deadline
    10 May 2021

Role Introduction


To support the Regional Head of Finance and local business units to ensure robust control and full compliance of financial operations in the country in addition to conducting accounting and finance activities in line with established company policy.


To provide analysis and recommendations to local port and department managers where required.

Key Responsibilities


Compliance

  • Ensure accurate and timely filing of tax returns, audits, declarations, applications, renewals of licenses and other financial-related matters
  • Comply, monitor and update with all applicable laws and regulations as per local requirements
  • Verify and sign declarations and deposits of accounts to banks and other local as required
  • Manage the handover of finance-related matters with local

Control and Risk Assessment

  • Ensure the company’s principle accounting policies are followed
  • Ensure proper authorisation of contracts and expenditures
  • Ensure completion of the Control Self-Assessment
  • Perform regular audits to identify any breaches of, or risks to, company policies

Management and Financial Reporting

  • Ensure timely and accurate recordings items in the GL
  • Ensure compilation of monthly and annual accounting schedules, bank and other reconciliations
  • Ensure preparation of cash flow forecast, cash movements and regularly remit any surplus funds to Head Office

Cost Control

  • Partner with Local and Regional management to prepare budgets, forecasts and ad hoc financial analysis
  • Review actual spend as compared to budget and identify cost saving opportunities
  • Ensure preparation of monthly analysis on cost variances
  • Implement cost saving initiatives wherever appropriate

Credit Control

  • Establish, maintain and comply with the company credit policy for new agents and partner
  • Ensure that necessary security from agents is obtained and maintained
  • Perform annual credit reviews for all non-IATA agents, General Sales Agents and lead monthly debtors meetings with cargo and sales teams
  • Ensure Local and Regional management stay informed of the financial status of agents and take action to minimise exposure and losses
  • Review any bad debts proposed by the cargo & sales to ensure proper justification and the write-offs are authorised by applicable authority
  • Review any payments and ensure collection is pursued through right channel

Banking and Treasury

  • Oversee the cash management process
  • Ensure the authorised signatory lists for local bank accounts are up-to-date
  • Manage bank accounts as necessary for operational purposes and ensuring bank account reconciliations are performed
  • Develop and maintain external banking relationships and online banking security access for local bank accounts
  • Manage local corporate credit card program as necessary
  • Ensure correct records are kept of local vehicle mileage in accordance with local requirements as required

Payroll

  • Ensure payroll payments are approved in a timely manner
  • Review payroll to ensure they are consistent and reconcile with current employment records

Administration and Supplier Management

  • Manage and maintain accurate local inventory and asset registers
  • Participate in, or lead, manage local contracts i.e. office rental, telephone and insurance both negotiation and manage third party as required
  • Ensure vendor details and delegation of authority list is up-to-date in SAP at all times
  • Ensure rates in SAP Flight-to-Settle module are correct and inform when required changes

Business Support and Process Improvement

  • Continually review and feedback on opportunities for process improvement and working efficiency
  • Provide Finance-related support to other departments as required

Team Management

  • Lead, support ,encourage, build and motivated own team to achieve success and effective collaboration
  • Demonstrate leadership and lead by example in accordance with Cathay’s core values

Emergency and Accident and Crisis Response responsibilities as required

Requirements


Academic Qualifications
  • Degree in Accounting or related discipline with sound accounting knowledge
  • Post-graduate accounting qualification in Accounting (e.g. Chartered Accountant, Certified Practicing Accountant, Chartered Management Accountant, etc.) or related discipline
Knowledge, skills, training and experience
  • A minimum of five years’ experience in Finance/Accounting is essential
  • Experience in the airline industry is an advantage
  • Experience in SAP is an advantage
  • Minimum of two years’ experience in leading a high performing team
  • Sound understanding of the local country’s business practices
  • A good team player with strong interpersonal skills and can interact with all levels within the organisation and region
  • Demonstrable experience in improving current work practices and implementing new ideas
  • Strong planning, problem-solving and organisational skills and is able to prioritise and manage multiple tasks and deadlines
  • Strong understanding of Cathay Pacific policies and procedures
  • Superior written, oral communication, negotiation and presentation skills
  • Demonstrates cultural sensitivity and diplomacy
  • Leads, adapts and embraces constant change

Personal & Application Information


Cathay Pacific is an Equal Opportunities Employer. Personal data provided by job applicants will be used strictly in accordance with our personal data policy and for recruitment purposes only. Candidates not notified within eight weeks may consider their application unsuccessful. All related information will be kept in our file for up to 24 months. A copy of our Personal Information Collection Statement will be provided upon request by contacting our Data Protection Officer.