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Eurofins Head of Finance, Thailand, Bangkok in Bangkok, Thailand

Eurofins Scientific is an international life sciences company, providing a unique range of analytical testing services to clients across multiple industries, to make life and our environment safer, healthier and more sustainable. From the food you eat, to the water you drink, to the medicines you rely on, Eurofins laboratories work with the biggest companies in the world to ensure the products they supply are safe, their ingredients are authentic, and labelling is accurate.

Eurofins is dedicated to delivering testing services that contribute to the health and safety of society and the planet, and to its corporate responsibility to protect the environment and ensure diversity, equity, and inclusion across the entire network of Eurofins companies.

The Head of Finance will be leading the finance organization in Thailand, which includes the following functions: Accounting & Reporting, Purchasing, Finance IT, Payroll, Tax, Treasury, Insurance & Risk Management and Legal. More specifically, the Head of Finance is responsible for:

• Day-to-day leadership and performance management of the finance teams, processes and activities (reliable, effective, efficient), including the development of strong teams;

• Driving the implementation of standard processes and systems (Finance Blueprint), in close collaboration and alignment with the Business and Group Finance function;

• Integration of newly acquired companies;

• Partnering with divisional business leaders and supporting decision making processes, while ensuring financial discipline across the different business lines (cash flow generation, cost management, ad hoc support).

• Centralize all support services to serve all legal entities in Thailand with professional finance and administrative services.

• Day-to-day leadership and performance management of the finance teams, processes and activities (reliable, effective, efficient), including the development of strong teams: o Organization and Management ▪ Organize and manage the different finance functions (Accounting & Controlling; Treasury, Tax & Legal; Credit & Collections; Purchasing; Payroll and Finance IT)

▪ Define and manage overall performance by target setting & monitoring, including the definition of corrective actions when & where needed. ▪ Inspire, motivate, develop and strengthen teams, including attracting Next Generation Leaders, in line with agreed targets & budget.

Accounting & reporting

▪ Manage accounting & month-end closing processes, ensuring reliable & timely closing and reporting of all Eurofins Thailand and Group management;

▪ Manage the relationship with Auditing and Accounting firms during interim and annual reviews; ▪ Ensure proper controls are put in place, supervise the application of the group manual of procedures;

▪ Implement reporting and controlling tools on revenue, margin and operational expenses. Support and bring contribution to the Business Unit Managers in their business management role and when they set up their annual budgets. Assist in the evaluation and implementation of National profitability.

Treasury, Tax, Legal & Risk Management

▪ Active management of Net Cash, Cash Flow and Net Working Capital (DXO). Propose, validate and implement corrective actions to keep these metrics in line with the levels of activity and agreed targets;

▪ Manage the relationship with local banks and group treasury for financing activities, and ensure optimized banking processes are in place.

▪ Monitor and improve the national insurance policies, identify areas of over- and underinsurance (depending on split of tasks between the finance directors of the different divisions within one country);

▪ Provide legal advice to business managers on contractual matters & litigations (commercial, social & labor laws).

▪ Ensure compliance to tax laws and regulations; including supporting tax planning, returns & reporting, contract management and archiving (Corporate Data Room) while acting as a point of contact to local / tax authorities.

Purchasing/ Procurement

▪ Develop and implement sourcing strategies in close collaboration with Group Purchasing, in order to obtain significant cost savings and manage Total Cost of Ownership, while ensuring minimum quality and service levels;

▪ Manage and optimize the procurement processes, implement COUPA systems and tools, in order to ensure effective and efficient procurement of goods and services;

▪ Ensure group wide reporting on purchase and the exact calculation of savings obtained (purchase database); o Payroll and HR administration

▪ Manage the payroll and HR administration, in order to ensure employees are properly administered and paid;

▪ Staying abreast with (changes to) social & labor laws and regulations, in order to ensure compliance;

Finance IT

▪ Define, implement and ensure application of optimized and harmonized processes in line with the Group standard in the area of Finance and Purchasing.

• Partnering with divisional business leaders and supporting decision making processes, while ensuring financial discipline across the different business lines (cash flow generation, cost management, ad hoc support).

Manage the budget cycle in close cooperation with the division controllers (process, templates, timelines, guidelines) and support business leaders with the development of their budget; o Monthly review of results & performance management against agreed targets and budget projections. Deliver reforecast of the year-end figures in case of significant deviations and/or if required by Group Management;

  1. Bachelor Degree in Finance, Business Administration, Engineering or Economics

  2. Professional Accounting qualifications (ACCA or equivalent); Big 4 experience preferred

  3. At least 5 years’ experience in leading a team

  4. Developed in Drive Innovation, Collaborate for Achievement; Communicate Effectively, Drive Sustainable Solutions and Act with Entrepreneurial Drive.

  5. Strong conceptual, presentation and report writing skills.

  6. Good Thai and English speaking & writing skills.

  7. Strong communication and interpersonal skills 8. Good collaboration and influencing skills and team work spirit

We support your development! Do you feel you don’t match 100% of the requirements? Don’t hesitate to apply anyway! Eurofins companies are committed to supporting your career development.

We embrace diversity! Eurofins network of companies believe in strength and innovation through diversity, being an Equal Opportunity Employer. We prohibit discrimination against employees or applications based on gender identity and/or expression, race, nationality, age, religion, sexual orientation, disability, and everything else that makes employees of Eurofins companies unique.

Sustainability matters to us!  We are well on our way to achieving our objective of carbon neutrality by 2025, through a combination of emission reduction and compensation initiatives. We encourage our laboratory leaders to make sustainable changes at their local level, and in addition to their initiatives we also count on our dedicated carbon reduction team to help us to achieve this goal!

Find out more in our career page: https://careers.eurofins.com/

Company description: Eurofins Scientific is an international life sciences company, providing a unique range of analytical testing services to clients across multiple industries, to make life and our environment safer, healthier and more sustainable. From the food you eat, to the water you drink, to the medicines you rely on, Eurofins laboratories work with the biggest companies in the world to ensure the products they supply are safe, their ingredients are authentic and labelling is accurate.

The Eurofins network of companies is the global leader in food, environment, pharmaceutical and cosmetic product testing and in discovery pharmacology, forensics, advanced material sciences and agroscience contract research services. It is one of the market leaders in certain testing and laboratory services for genomics, discovery pharmacology, forensics, advanced material sciences and in the support of clinical studies, as well as having an emerging global presence in Contract Development and Manufacturing Organisations. It also has a rapidly developing presence in highly specialised and molecular clinical diagnostic testing and in-vitro diagnostic products.

In over 35 years, Eurofins has grown from one laboratory in Nantes, France to 61,000 staff across a decentralised and entrepreneurial network of ca. 900 laboratories in 61 countries. Eurofins companies offer a portfolio of over 200,000 analytical methods to evaluate the safety, identity, composition, authenticity, origin, traceability and purity of biological substances and products.

In 2022, Eurofins generated total revenues of EUR 6.7 billion, and has been among the best performing stocks in Europe over the past 20 years.

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