Specialist - Reporting and Tax, Finance

OBJECTIVES OF THE POSITION

• Maintain accurate and compliant financial records: ensure all accounting books and tax reports are properly maintained, up-to-date, and compliant with Vietnamese Accounting Standards (VAS), International Financial Reporting Standards (IFRS), and local tax regulations.
• Perform daily accounting operations: review and resolve daily accounting transactions to ensure smooth and efficient financial processes.

MAIN AREAS OF RESPONSIBILITIES AND KEY ACTIVITIES

General Accounting:

• Coordinate with all stakeholders to perform an end-to-end monthly/ quarterly/ year-end closing process to ensure timely execution and quality of financial statements for the company.
• Provide insight to resolve operational issues, inefficiencies and queries.
• Understand relevant business models/transactions to ensure the appropriateness of booking entries.
• Oversee master data for general ledger/cost elements, fixed assets/ project system and journal voucher together with Shared Service Centre.
• Support fixed assets management and impairment review. Coordinate physical verification of fixed assets.
• Coordinate with the auditors, supply chain and warehouse team to ensure an accurate and thorough observation of the annual physical stock count.
• Manage inter-company reconciliations and clear reconciled balances; Key user of IFAS (Intranet Firm Database Application system), Condor (Consolidated and Operating Reporting) and COBUS (Consolidated Business Steering).
• Prepare the local GAAP financial statement report to ensure compliance with Vietnamese Accounting Standards (VAS).

Management Accounting:

• Oversee end-to-end request/ transactional process with Shared Service Centre and stakeholders. Provide insights to resolve operational issues, inefficiencies and queries.
• Manage master data for internal orders, cost centers and cost allocation cycles and ensure cost allocation according to BASF guidelines.

Reporting and tax:

• Oversee end-to-end internal & statutory reporting with Shared Service Center and ensure quality of reports prior to timely reporting for BASF purposes or local authorities.
• Oversee external audit and statutory reporting; Support the interpretation of legal requirements to ensure corporate tax compliance and timely submission of returns.
• Coordinate transfer pricing documentation with external consultant.
• Ensure value added, withholding and business license tax compliance and timely submission of returns.
• Review unit level results for compliance with transfer pricing guidelines.
• Prepare and ensure timely submission of surveys to local authorities.
• Act as key user for OCEAN (Operational Controlling of Earnings and Net sales) and Vietnam tax software.

Budgeting and Business Reporting:

• Coordinate and compile annual capital expenditure budgets per BASF Group’s requirement.
• Analyze financials and prepare regular management reports and prepare reports to support business operations or decisions.
• Act as key user of COINS (Cost information system).

Projects & Others:

• Implement relevant global and regional finance-related projects.
• Coordinate corporate insurance matters with the global/regional insurance team and local broker.
• Create PR/PO, GR/IR, payment request and Journal voucher for the Finance department.

JOB REQUIREMENTS

• Degree in Accounting / Finance or equivalent professional qualifications.
• Minimum 4 years’ experience of local tax reporting and compliance in MNCs preferably with a shared service center environment or as external auditor, tax consultant.
• In-depth knowledge of local accounting practices, the Vietnamese Accounting Standards and System, Vietnamese tax regulations, and related statutory requirements.
• Knowledge of relevant international financial and reporting standards.
• Hands-on knowledge of SAP or other ERP systems is advantageous.
• Good command of English and Power BI, Excel skills.