MB Bank

The Country Head of Finance reports to the Group CFO and oversees a shared service finance team across the Group’s portfolio businesses in Vietnam. This role partners with Business Unit (“BU”) leaders by leading the Group’s financial activities and improving financial controls and processes. This role is responsible for overseeing financial reporting, taxation, financial operations, treasury, financial planning & analysis, and procurement.

Key Areas of Responsibility:

1. Financial Reporting:

• Manage accounting policies, accounting manuals, SOPs and guidance to ensure appropriate and sufficient internal control in place, and compliance with local regulation and Group policies.
• Implement and maintain strong financial controls throughout all Business Units.
• Guide and monitor all transaction cycles and controls, month-end and year-end closing processes across all Business Units.
• Manage the audit process by working with auditors and advisors to oversee the preparation of accurate annual statutory accounts and tax returns.
• Implement and manage ongoing improvements and implementations with the ERP specialist.

2. Tax and Compliance:

• Tax Reporting and Compliance: Responsible for tax management, tax accounting, tax filing, and tax payment.
• Tax Consulting: Act as a ‘Tax Partner’ to Business Units by providing technical expertise on product, project, other tax related issues and tax risk management.

3. Financial Operation:

• Ensure timely and accurate financial closing each reporting period.
• Manage accounts payable, including contracts, payments, employee advances, reimbursements, and tax obligations.
• Oversee accounts receivable, including sales contracts, collections, and promotions.

4. Treasury:

• Manage treasury operations, including bank account management, cash and bank balance, cash forecast, payment processes, and others.
• Build and maintain strong relationships with banks and financial institutions
• Build and on-going improve treasury policies and procedures, including bank account administration, bank approval matrix, etc.
• Manage all loan agreements and ensure loan administration
• Propose solutions and manage execution relating to funding, dividends, loans, and short-term investments for available cash flow.

5. Financial Planning & Analysis:

• Ensure accurate entry recording for timely and precise Managerial Reporting Packages (MRPs).
• Collaborate with Financial Business Partners (FBPs) to identify and resolve workflow gaps between Business Units and Finance, improving efficiency.
• Prepare and monitor the country-level Finance budget.

6. Procurement:

• Control procurement policies and procedures, including purchase process, vendor management, etc.
• Oversee procurement team and purchase activities for all BUs.

Leadership (Mainly):

• Continuous monitoring industry developments, develop contacts in the industry and identify opportunities and threats to the business.
• Proactively partner with management team and other functions in daily finance operations and facilitate operational efficiency improvements.
• Effectively communicate and negotiate with external stakeholders, including regulators, tax authorities, banks, financial institutions, collection partners, etc.

• Minimum 15years of experience in a related field, including 7 years of managerial experience.
• Bachelor's degree in accounting or finance.
• Accounting certifications (CPA, ACCA or CIMA) highly preferred.
• Thorough understanding of accounting and financial reporting principles and practices, and Vietnam taxation.
• Strong problem-solving skills, with the ability to make appropriate,deal with external regulatory agency, key stakeholders such as banks, vendors, etc. and quick decisions.
• Mandatory leadership and team management skills.
• Strength in setting up processes and policies.
• Excellent communication skills, particularly in interdepartmental communication.
• Fluent in English is a must;