The Financial Controller manages the day-to-day operation of the Thailand Controllership team. Primary responsibilities include financial reporting, statutory audit and internal controls, asset and liability reconciliation, working capital and cashflow management. The role also works with Tax team for regulatory tax compliance and provides support for ad-hoc projects from a finance perspective to drive positive business outcome. The role will be responsible for statutory consolidation, audit for designated legal entities while partnering with Marketing & Sales (M&S) or Resort Ops finance teams.
CORE WORK ACTIVITIES
Month-end Close and Balance Sheet Management
Manage monthly financial month-end close process. Review and ensure journal entries are prepared timely and accurately. Ensure all balance sheet reconciliations are completed within timeline with proper support and documentation. Ensure balance sheet reconciling items are researched and cleared timely within the next period. Develop a sound understanding of all balance sheet accounts under his/her responsibility area and be able to explain drivers for fluctuations. Regularly challenge legacy or existing processes for improvements to drive efficiency. Provide appropriate support and back up to other Controllership teams as the business requires.
Cash Management / Treasury
Manage and consolidate cashflow requirements for area of responsibility to ensure sufficient operating cashflow. Coordinate funding requirements with Corporate Treasury and other Controllership teams to ensure optimal use of cash. In conjunction with Corporate Treasury, support the set-up or closure of bank accounts, where required. Assist Corporate Treasury in driving any Treasury-related projects for area of responsibility e.g. zero-balance account, cash pooling, cash maximization, etc.
Inter-company, Accounts Receivable and Accounts Payable
Ensure inter-company transactions are recorded in line with business activities and appropriately supported by relevant inter-company agreements. Ensure timely settlement of inter-company balances including paper settlement. Ensure inter-company balances are reconciled every period and confirm that all inter-company billings are well supported before periodic settlement (including paper settlement). Develop a sound understanding of inter-company transactions, balances, and business activities, and be able to explain fluctuations and movements. Manage accounts payable and receivable to ensure timely and accurate recording of transactions, and timely settlement of balances.
Monthly Payroll
Manage monthly payroll process to ensure accurate and timely payment. Ensure any payroll compliance or statutory requirements are met within timeline.
Internal Controls
Ensure accounting transactions are within MVW’s internal controls, compliance framework and SOX process flows. Ensure quarterly MVWP-66 balance sheet certification is reviewed and completed within stipulated timeline. Review and ensure appropriate internal controls to safeguard assets and manage business risks. Effectively manage all internal audits.
Statutory/Compliance Reporting
Manage completion of statutory audits, tax filings and other compliance matters for assigned entities within timeline. Ensure clear reconciliation and documentation between management accounts (US GAAP) and local statutory accounts. Assist with assessment of the impact of new accounting standards on local statutory report (e.g. Revenue Recognition, Lease Accounting, etc.) Ensure VAT/GST, WHT and other Indirect Taxes are filed timely and accurately. Work with Global Tax team on the tax reporting pack, transfer pricing studies and any other initiatives impacting area of responsibility.
Team / Associate Development
Provide meaningful guidance to team members to assist them in properly executing their assigned duties. Develop team members by, among other things, regularly sharing best practices, technical knowledge and business concepts. Provide regular constructive feedback and coaching to team members. Develop team capabilities to ensure backup are in place for team continuity. Leveraging the unique strengths of each associate, bringing out the best in the team.
Projects
Regularly review and challenge legacy or existing processes to drive process improvements and efficiency. Participate and support financial systems and reporting projects. Participate and support new projects as required to drive positive business outcome. Assist in cross-functional projects requiring finance expertise.
Any other duties as and when assigned from time to time.
CANDIDATE PROFILE
Education and Experience
COMPETENCIES - Fundamental competencies required for accomplishing basic work activities
- Strong team leader and player
Personal Attributes
Integrity
Dependability
Positive Demeanor
Curious
Resourceful
Stress Tolerance
Adaptability/Flexibility
Independent
Highly motivated self-starter
Keen to learn
Interpersonal Skills
Team Work - Strong team leader and player
Able to influence and drive positive behavior.
Able to build and maintain excellent rapport with all levels of associates
Business Partnering
Organization
Detail Orientation
Multi-Tasking
Time Management
Planning and Organizing
Well Organized
Procedure Driven
Meticulous
Communications
English and Thai Language Proficiency
Communication
Writing
Listening
Reading
Analytical Skills
Computer Skills
Learning
Mathematical Reasoning
General Administration
Typing
Filing
Strong Excel skill is essential. Proficient in Microsoft Office applications
Computer Software
Strong Excel skill is essential. Proficient in Microsoft Office applications
Others
Strong business integrity
Ability to hold sensitive information in confidence
Marriott Vacations Worldwide is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture.