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Accounting Manager cum Chief Accountant



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7-10 Years
2 months ago
47 Viewed
2 Applied

Job Description

The Company

Olaben is a fast growing premium activewear brand that motivates people to live mindfully and reach their full potential. Our focus is on quality and elegant designs, utilising eco-friendly materials and ethical production processes which is why our customers, including celebrities and influential yogis, love Olaben. As a company we stay true to our core values of passion, perseverance, and grit. We strive to embody an authentic workout lifestyle, promoting personal responsibility, entrepreneurship, and inclusivity.

Your responsibilities

  1. Financial Strategy and Management:
  • Develop and implement financial strategies in accordance with Vietnamese Accounting Standards (VAS) and International Financial Reporting Standards (IFRS), optimizing financial performance.
  • Oversee budgeting, financial forecasting, and cash flow management, ensuring accurate reporting of Profit and Loss (P&L) statements and Balance Sheets.
  • Conduct detailed financial analysis utilizing techniques such as variance analysis and ratio analysis to identify trends and provide insights for cost containment and revenue enhancement.
  • Implement strategies to optimize Value Added Tax (VAT) management and compliance, ensuring accurate reporting and timely remittance.
  • Provide expertise in Personal Income Tax (PIT) calculations and compliance, ensuring adherence to relevant regulations and laws.

Compliance and Risk Management:

  • Develop and implement robust processes and procedures to ensure compliance with Vietnamese Accounting Standards (VAS) and International Financial Reporting Standards (IFRS).
  • Lead annual financial audits, coordinating with external auditors to ensure timely completion and compliance with regulatory requirements.
  • Identify and mitigate financial risks through the implementation of internal controls and risk management strategies.
  • Ensure accurate and timely reporting of financial data, including VAT filings, tax returns, and financial statements.
  • Provide guidance and training to staff on financial compliance matters, fostering a culture of adherence to accounting standards and best practices.

Financial Operations Oversight:

  • Manage day-to-day financial operations, including invoice processing, cash flow forecasting, and bank account reconciliation.
  • Develop and implement capital allocation policies, overseeing investment decisions such as potential fundraising and mergers and acquisitions.
  • Coordinate with internal stakeholders to assess the financial impact of business decisions and ensure alignment with strategic objectives.
  • Oversee the preparation of financial reports, including monthly, quarterly, and annual statements, in compliance with VAS and IFRS.
  • Collaborate with external stakeholders, including tax authorities and regulatory bodies, to ensure compliance with financial regulations and reporting requirements.

Who we are looking for

  • Bachelor's degree in finance, accounting, or related field.
  • At least 7-10 years of experience in financial management or accounting, with at least 2 years in a leadership role.
  • Strong analytical and problem-solving skills, with the ability to interpret complex financial data and perform financial modelling and forecasting.
  • Excellent communication and interpersonal skills, with the ability to collaborate with various stakeholders and lead a team.
  • Knowledge of financial regulations and compliance requirements, and experience managing external audits and tax compliance.
  • Experience in fundraising, mergers and acquisitions, or other capital-raising activities is preferred.
  • Strong leadership skills with experience in team management and coaching.
  • Passion for yoga and wellness is a plus.

The Benefits

  • Competitive salary & compensation package and performance incentives
  • Young, dynamic and growing team and company - providing a lot of growth opportunities
  • High level of autonomy & responsibility to drive change


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