Accounting Lead

Funding Societies | Modalku is the largest SME digital financing platform in Southeast Asia, expanding into a leading SME neobank. We are licensed and registered in Singapore, Indonesia, Thailand, Malaysia, and operating in Vietnam, and backed by Sequoia India, Softbank Vision Fund and SMBC bank amongst many others. Funding Societies | Modalku provides business financing to small and medium-sized enterprises (SMEs), which is funded by individual and institutional investors.

Here at Funding Societies | Modalku we live by our core values GETFS:

• Grow Relentlessly: Strive to become our best, most authentic selves.
• Enable Teamwork, Disable Politics: Only by forging togetherness, we help each other succeed.
• Test Measure Act: Stay curious and reinvent ourselves, through innovation and experimentation.
• Focus on Impact: Create impact through bias for action and tangible results.
• Serve with Obsession: Build win-win relationships for the long-term by having a customer obsession.

Job Overview

The Chief Accountant will be responsible for the financial controlling for our businesses in Vietnam (and potentially other regional countries). You are responsible for financial reporting and regulatory compliance, ensuring compliance with Vietnamese Accounting Standards (VAS) and International Financial Reporting Standards (IFRS), and providing strategic financial guidance to support business growth. You will develop and implement processes that facilitate collection, verifying, and reporting of all financial data.

Responsibilities and Duties

Financial Reporting

• Manage and oversee the daily operations of the Finance team, including timely month-end activities, tax, and regulatory reporting

• Oversee tax compliance, including VAT, corporate income tax, personal income tax, transfer pricing and other relevant taxes in Vietnam
• Manage external audits, consolidation, corporate reporting in a VAS and IFRS compliant environment, and auditor relationship
• Provide technical accounting guidance and interpretations of complex accounting matters
• Stay current with changes in Vietnamese financial regulations and accounting standards
• Manage regional month close process and reporting as assigned

Financial Planning & Analysis

• Support budgeting, forecasting and financial reporting, and development of consolidated information for the group
• Review and explain significant variances from prior period actuals, budgets, and forecasts in a timely manner

Financial Processes and Control

• Develop and implement accounting policies, procedures, and controls to ensure financial integrity and regulatory compliance
• Assists in the development, implementation and maintenance of cost-effective controls to promote data integrity and minimize risk (eg. financial, operational, legal, regulatory)
• Contribute to the digital transformation of accounting processes and systems
  
  

Corporate Finance

• Support corporate finance activities including due diligence, product / business expansion, investor reporting, etc.

• Collaborate with the business teams to provide commercial insight and financial analysis to support decision-making
• Provide supports to the Treasury activities and monitor cash flow.  Maintain relationships with the relevant Vietnam banks
• Undertake other assignments which may be given from time to time

Qualifications & Requirements

·       Bachelor’s degree in accounting or finance. CPA/ACCA certification is highly preferred

·       Mininum 5 – 8 years of progressive accounting experience with a portion of it being in a supervisory role

·       Strong knowledge of Vietnamese accounting regulations, tax laws, and financial reporting requirements

·       Experience with IFRS and international accounting standards

·       Prior experience in audit firm or startup will be preferred

·       Knowledge of employee relationship building and performance management techniques

·       Advanced Microsoft Excel skills

·       Proficiency in ERP systems and financial reporting tools. Experience with Netsuite will be a plus

·       Fluent in Vietnamese and English (both written and spoken)

Knowledge, Skills & Behaviors

·       Demonstrated ability to roll-up sleeves and work with team members in a hands-on management capacity

·       Strong leadership and team management abilities

·       Excellent communication and presentation skills

·       Detail-oriented with high attention to accuracy

·       Ability to work under pressure and meet deadlines

·       Strategic thinking and business acumen

·       Proactive approach to problem-solving

·       Integrity and confidentiality when handling sensitive financial information

• Time off - We would love you to take time off to rest and rejuvenate. We offer flexible paid vacations as well as many other observed holidays by country. We also like to have our people take a day off for special days like birthdays and work anniversaries.
• Flexible Working - We believe in giving back the control of work & life to our people. We trust our people and love to provide the space to accommodate each and everyone's working style and personal life.
• Medical Benefits - We offer health insurance coverage for our employees and dependents. Our people focus on our mission knowing we have their back for their loved ones too.
• Mental Health and Wellness - We understand that our team productivity is directly linked to our mental and physical health. Hence we have Wellness Wednesdays and we engage partners to provide well-being coaching. And we have our Great FSMK Workout sessions too to keep everyone healthy and fit!
• Learning & Development: We believe learning should never end and we support everyone with self-learning L&D allowances.
• Tech Support - We provide a company laptop for our employees and the best possible support for the right equipment/tools to enable high productivity