We're hiring: AR Manager
Location: Bangkok (Rama 3), Thailand (on-site)
At I.C.C. International PCL., we are a leading force in Thailand's Retail and FMCG sectors, backed by more than 61 years of industry heritage. We represent a diverse portfolio of premium brands and are committed to delivering excellence, innovation, and long-term value to our customers. As part of our continued growth, we are seeking talented professionals to join our team and help drive impactful initiatives that enhance our market presence and strengthen consumer engagement.
Key Responsibilities:
- Lead and control end-to-end Accounts Receivable operations, ensuring accuracy, timeliness, and completeness of high-volume transactions across retail, consignment, modern trade, and e-commerce channels.
- Oversee daily sales reconciliation, invoice issuance, credit note processing, and customer billing cycles to ensure proper revenue recognition and collection efficiency.
- Monitor and manage trade receivables, aging reports, and collection performance to optimize cash flow and minimize bad debt exposure.
- Establish and enforce AR policies, credit control procedures, and internal control frameworks to safeguard company assets and reduce financial risk.
- Lead monthly AR closing process including revenue reconciliation, AR sub-ledger vs GL reconciliation, bank reconciliation related to collections, and provision for doubtful debts.
- Coordinate closely with Operations, Retail, E-Commerce, Commercial, and Supply Chain teams to resolve billing discrepancies, sales variance issues, and payment disputes.
- Oversee consignment sales reconciliation with department stores, including sell-through validation, commission deductions, and payment settlement verification.
- Monitor and validate online marketplace receivables, payment gateway reconciliations, and digital platform settlement accuracy.
- Ensure accurate VAT output tax reporting (PP.30) and AR-related tax compliance in alignment with Thai regulations.
- Liaise with auditors and internal audit teams regarding revenue recognition, receivable balances, and collection controls.
- Drive automation and process improvement initiatives to increase efficiency in billing, reconciliation, and collection workflows.
- Develop AR dashboards and KPIs including DSO (Days Sales Outstanding), collection rate, aging ratio, write-off trends, and dispute resolution cycle time.
- Lead and supervise AR team to ensure workload optimization, service quality, and continuous improvement in transaction processing.
- Act as escalation point for complex collection cases, operational discrepancies, and cross-functional financial matters.
Qualifications:
- Bachelor's or Master's degree in Accounting, Finance, or related field.
- Minimum 710 years of progressive experience in Accounts Receivable or financial operations, with at least 3 years in supervisory or managerial capacity.
- Strong experience handling high-volume transactions in retail, FMCG, manufacturing, or multi-channel business environments.
- Solid knowledge of revenue recognition, credit control practices, and AR reconciliation processes.
- Familiarity with ERP systems (e.g., Oracle, SAP, or equivalent) and strong Excel capability.
- Experience in consignment sales and department store settlement processes is highly preferred.
- Strong understanding of Thai VAT regulations and AR-related compliance requirements.
- Strong analytical mindset with attention to detail and process accuracy.
- Excellent coordination skills with operations and commercial teams.
- Fluent in Thai; English proficiency is an advantage.
Why Join Us
Be part of an established organization with a long-standing and trusted brand heritage.
Work alongside passionate teams in a dynamic, fast-paced industry.
Enjoy strong career development opportunities and a competitive compensation package.
Please note: Only shortlisted candidates will be contacted by our HR team.
