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Core Purpose

To lead the finance and accounting function for a medium-sized manufacturing factory, including:

· Structuring the finance department
· Developing and implementing SOPs and internal controls
· Managing a team of senior and junior accountants
· Delivering accurate monthly P&L, financial statements, and management reports
· Supporting strategic decision-making through cost analysis and budgeting

Key Responsibilities

1. Finance Department Setup & System Development

· Design and implement a complete finance and accounting system suitable for a medium-scale food factory (multiple production lines, batch costing, inventory layers).
· Write, document, and enforce SOPs for:
  · Procurement and payment cycle
  · Raw material receiving and inventory management
  · Production costing and waste reporting
  · Sales and receivables
  · Fixed assets and depreciation
  · Cash and bank management
· Establish internal controls to prevent errors, fraud, and leakage.

2. Team Management & Leadership

· Directly manage:
  · Senior Accountant (GL, reporting, tax)
  · Junior Accountant (AP, AR, data entry)
· Assign responsibilities, review work, conduct performance appraisals.
· Provide on-the-job training and career development for team members.
· Ensure smooth month-end closing within 5–7 working days.

3. Production Costing & Manufacturing Finance

· Calculate standard cost per unit (per kg / per pack ).
· Track actual vs. standard cost variance (raw material usage, labor, overhead).
· Monitor yield, wastage, and spoilage per batch and per production shift.
· Work with production manager to validate bill of materials (BOM) and routing.
· Prepare monthly cost of goods sold (COGS) statement accurately.

4. Monthly Financial Reporting (Accurate & Timely)

· Prepare and present to management:
  · Profit & Loss Statement 
  · Balance Sheet
  · Cash Flow Statement (direct or indirect method)
  · Variance analysis report (actual vs. budget)
· Prepare monthly management report with key financial KPIs (gross margin, operating margin, inventory turnover, etc.).
· Ensure all intercompany transactions (if any) and provisions are properly recorded.

5. Budgeting, Forecasting & Strategic Support

· Lead the annual budgeting process (sales, production, operating expenses, CAPEX).
· Prepare quarterly rolling forecasts.

6. Taxation & Compliance

· Ensure full compliance with:
  · Myanmar Income Tax
  · Commercial Tax
· Maintain proper documentation for tax audits.

7. Inventory & Asset Management

· Oversee monthly physical inventory count (raw materials, WIP, finished goods).
· Reconcile book vs. physical inventory and investigate discrepancies.
· Maintain fixed asset register (machinery, vehicles, equipment) and calculate depreciation.

8. Orientation Period – 3 Months in Myittha Factory

· Be based at the Myittha factory for the first 3 months.
· Learn production processes, cost drivers, and operational challenges.
· Assess current accounting practices and implement initial improvements.

9. Continued Work from Yangon or Mandalay (After 3 Months)

· Relocate to Yangon or Mandalay after orientation.
· Oversee accounting remotely using accounting software.
· Visit Myittha factory at least once or twice per month (scheduled and adjusted).
· Maintain strong communication with factory management.

Education & Professional Certification
· CPA or ACCA (full or near completion) is highly desirable
· Alternatively:  with significant manufacturing experience

Experience (Minimum 8–10 years, with at least 3 years in a managerial role)

· Mandatory: Manufacturing factory experience (medium or large scale). Food manufacturing is a strong plus.
· Proven experience managing a finance team of at least 3–5 people (senior and junior accountants).
· Hands-on experience setting up or restructuring finance departments, including writing SOPs and implementing internal controls.
· Track record of delivering accurate monthly P&L and financial statements within strict deadlines.
· Strong experience in cost accounting (standard costing, variance analysis, COGS).
· Experience with tax compliance and audit in Myanmar.

Technical Skills

· Advanced Excel 
· Proficient in accounting/ERP software 
· Familiarity with cloud-based remote work systems (Zoom, Teams, cloud accounting).
· Understanding of inventory valuation methods (FIFO, weighted average).

Leadership & Soft Skills

· Strategic thinking – can see beyond daily entries to business impact.
· Leadership – able to mentor junior staff and work with non-finance managers (production, sales).
· High integrity – essential for a medium-sized company where trust is critical.
· Detail-oriented but big-picture aware – catches errors but doesn’t get lost in them.
· Strong communication – can explain financial results to non-finance management.

Other Requirements

· Willing to live in Myittha for the first 3 months (housing provided or allowance given).
· Willing to relocate to Yangon or Mandalay after 3 months and continue working ( as per employee wish)
· Able to travel to Myittha monthly (or as needed) after relocation.