Accounts Executive

Working Location: Wong Sawang, 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

• Accounts Payable – 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.

• Accounts Payable – 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.

• Accounts Receivable 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

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