Accounting Officer - GL

Company Description

Its founding in 1978 with a single beachfront resort in Pattaya, Minor International Pcl (‘MINT’) is today one of the largest hospitality and leisure companies in the Asia Pacific region. With over 530 hotels & resorts, 2,410 restaurants and 339 retail trading points of sale, MINT meets the growing needs of consumers in Thailand and in 63 markets across Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and the Americas.

Minor Hotels is a hotel owner, operator and investor with a portfolio of over 75,000 rooms across more than 530 hotels, resorts and serviced suites under the Anantara, Avani, Elewana, Oaks, NH Hotels, NH Collection, nhow and Tivoli across 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and the Americas.

In addition, Minor Hotels also operates spas with various brands and mixed-use business including shopping plazas & entertainment, residential properties, and a points-based vacation club.

Minor Food is one of Asia's largest casual dining and quick-service restaurant companies, operating over 2,410 outlets in 24 countries under The Pizza Company, The Coffee Club, Riverside, Benihana, Bonchon, Swensen’s, Sizzler, Basil, Dairy Queen and Burger King brand

Minor Lifestyle is one of Thailand's largest distributors of lifestyle brands with over 390 points of sale, focusing primarily on fashion and lifestyle products. Its brands include Anello, BergHOFF, Bodum, Bossini, Charles & Keith, Esprit, Joseph Joseph, Radley, Zwilling J.A. Henckels and Minor Smart Kids. In addition, Minor Lifestyle also operates contract manufacturing business.

For more information, please visit www.minorinternational.com.

Job Description

Accounting Officer is responsible for conducting bank reconciliation, Closing month-end account, breaking details for Balance Sheet, cooperating with BU and external auditors, and performing other tasks as assigned

Main Responsibilities

Bank Reconciliation

• Match AP and AR transactions with bank statements
• Escalate all outstanding transactions to and resolve issues with
  • • MGS Accounting AR team for deposits
    • MGS Accounting AP team for payments
• Transfer to GL and make adjustments as necessary (e.g. bank charges, petty cash, returned salary)

Month-End Closing

Prepaid and accrued expenses

      Record all pre-paid and accrued expenses into GL

• Allocate expenses by BU and post to GL
• Check variance by comparing Trial Balance for current month with previous month
• Resolve issues as necessary

Close P&L and Balance Sheet

• Obtain information from all  MGS Accounting teams (e.g. Inventory, Fixed Asset, AP, AR, etc.) and BU (e.g. Sales team)
• Input statistical data (e.g. Number of shops opened/closed, staff movement etc.)
• Input recurring expenses and standard journals (e.g.  audit fee, tax and license fee) into the system
• Generate final P&L and Balance Sheet
• Prepare document support for financial highlights (e.g. AR aging report)

Balance Sheet Breaking Details

• Review results of reconciliation with other modules to match with Trial Balance
• Reconcile bank statements with all other accrued expenses not in AP (e.g. audit fee, KPIs and bonuses)
• Feedback to originator if any issues identified
• Check for any mistakes and make adjustments as necessary

Qualifications

Education:

• Bachelor Degree in Accounting

Experience:

• 0 - 3 years of experience in Accounting