Our client is seeking an experienced Finance Director to oversee the financial operations of a holding company and its food manufacturing plant in Ayutthaya, Thailand. The role will be based in Bangkok, with travel to the plant approximately twice a week.
The role will lead financial planning, budgeting, cost control, taxation, financial reporting, and internal controls. The successful candidate will work closely with the Group CFO, local management, and shareholders across Thailand and overseas to support business decisions and drive financial performance.
Key Responsibilities
- Oversee day-to-day financial operations, financial statements, cash flow, and management reporting.
- Establish finance policies, procedures, approval processes, and internal controls.
- Ensure compliance with Thai accounting, tax, and regulatory requirements.
- Manage external auditors, banks, tax advisors, and other stakeholders.
- Oversee corporate income tax, VAT, withholding tax, and transfer pricing.
- Ensure timely and accurate tax filings and manage tax audits.
- Monitor BOI incentives and other applicable investment privileges.
- Lead annual budgeting, forecasting, and financial planning.
- Monitor budget versus actual performance and investigate variances.
- Establish cost centers, spending controls, and financial KPIs.
- Develop and manage product costing models, including standard costing, BOM, raw materials, labor, and overhead.
- Analyze production cost variances, inventory valuation, yield, and waste.
- Monitor manufacturing costs and product profitability.
- Work closely with production, procurement, and supply chain teams to improve cost efficiency.
- Act as a strategic finance partner to local management and shareholders.
- Work closely with the Group CFO and international stakeholders.
- Provide financial analysis and recommendations to support business decisions and investment control.
- Bachelor's degree in Accounting or Finance.
- Strong manufacturing or industrial finance experience.
- Hands-on expertise in cost accounting, standard costing, BOM, inventory valuation, and budget control.
- Experience in financial planning, internal controls, and process improvement.
- Knowledge of Thai taxation and transfer pricing is an advantage.
- Experience establishing finance policies, procedures, and internal controls
- International and shareholder management experience is preferred.
- Excellent English communication skills (mandatory).
- Strong ERP and Excel skills.
- Hands-on, detail-oriented, and highly organized.
- Strong leadership, accountability, and execution skills.
- Assertive with excellent communication and interpersonal skills.
- Commercially minded with strong analytical and problem-solving abilities.
- Independent, proactive, and able to work under pressure in a dynamic environment.
