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General Electric Lead Finance Analyst in Thailand

Job Description Summary

This role reports to the Sub-Region Senior Finance Manager and will be responsible for managing Field Services portfolio for multiple ASEAN countries and all aspects of accounts receivable function for Thailand starting from contract execution, collection to local compliance, as well as supporting country’s finance process. In this role, you will be partnering with multiple key stakeholders from Commercial & Operations, Operational Excellence and Finance Leaders to develop business strategies and deliver financial commitments.

Job Description

ESSENTIAL RESPONSIBILITIES:

Transactional Services Function FS, Core Maintenance and TDI

  • Manage financial accounting of Field Services for MYA (multi-year agreement), Core Maintenance, and TDI.

  • Provide supports to various Operations partners (CPMs/CSMs/COEs/Parts, etc) to deliver on contractual obligations to meet Financial commitments. Be the escalation point interfacing with FieldCore and GENPACT team (IBS interco).

  • Work with fulfillment partners and Operations team to develop accurate forecast for field services demand and pacing

  • Ensure Orders and Revenue recognition as well as Cash are compliant with financial accounting standards

  • Partner with Commercial team on deal/contract executions. Provide risk assessment and advices from contract reviews (T&C, payment term, local requirements, risk exposure, etc.)

  • Intercompany settlement to Field Services’ partner with correct withholding tax assessment and follow up tax documents (tax invoices, withholding tax certificates).

  • Lead all closing activities related to Services portfolio.

  • Support internal and external audits (statutory and tax).

  • Support Treasury activities including bank accounts simplification/rationalization, Performance Bond/ Bond process.

  • Key stakeholder to the ERP migration from Charlie to PMX (for Thailand and may also include Vietnam).

  • Embrace LEAN culture, drive continuous process simplification and system improvement pertaining to Field Service process. Currently implementing LEAN Kaizen opportunities on Pacing for APAC, and piloting operationalization of ITR tools (namely Astro and SONIC) to develop sustainable solutions to process challenges across APAC-SA.

Accounts Receivable Function

  • Verifies accuracy and completeness of sales orders and supporting documents (contract/PO, pricing, etc.) for invoice requests and review VAT applicable. Review and facilitate various payment terms per T&C.

  • Work with Billing COE team for invoice issuance and distribution to customers.

  • Partner with Operations and COE teams to optimize billing, maximize collections, and manage past due risks.

  • FX rate calculations and confirmations with customers on tax invoices and withholding tax.

  • Cheque collections and prepare cash application templates and work with COE to apply cash and clear AR

  • Preparation of local tax invoices and receipts

  • Collect and reconcile Prepaid withholding tax reconciliation against physical check

  • Prepare Output VAT report due / not due for monthly filing

  • Work with customers and CPMs on billing and collection issues

QUALIFICATIONS/REQUIREMENTS

  • Bachelor’s Degree in finance or related fields with minimum 5 years of Finance experience (preferably in Manufacturing & Construction or audit) with some background in Commercial Finance, FP&A, US GAAP accounting within MNC environment.

  • Good understanding of Thailand regulation and indirect tax compliance for AR

  • Strong accounting, analytical and problem-solving skills with hand-on attitude, resilience and willingness to learn

  • Critical thinking and attention to details

  • Strong communication and ability to work in cross functional and virtual environments

  • ERP experience- PowerMax/SAP and/or Oracle

Additional Information

Relocation Assistance Provided: No

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