Apply Description

Phononic is the global leader in solid state cooling, a groundbreaking approach using the power of phonons to revolutionize how the world sustainably cools. The world’s most important technologies across supply chain, AI compute, 5G, LIDAR, cold chain/last mile, and more are cooled by Phononic. 

Phononic’s cold chain platform is featured in commercial installations thru a cooling-as-a-service solutions business model that includes hardware, services, support, and data across multi-year commitments. 

And now we’ve scaled to sustainably cool entire buildings – with new HVAC scale thermoelectric cooling – replacing hydrofluorocarbon refrigerants, which are up to 2000 times more harmful than CO2 to greenhouse warming. 

Phononic’s unrivaled approach to solid state cooling is breaking the boundaries of semiconductor innovation to deliver unprecedented performance and sustainability across the globe. 

Reporting to the VP of Finance, the Finance Lead for APAC is responsible for the local Finance and Operations support for Phononic Thailand and as the primary finance point of contact for the Phononic Global Supply Team. The Phononic Global Supply Team based in our Bangkok office manages all the Company’s contract manufacturing partners in Asia. This role ensures that all financial transactions including local financial reporting, APAC inventory, and intercompany consolidation and reporting are performed within deadlines and to the appropriate statutory and GAAP standards. This highly visible role includes a mix between accounting and budgeting and forecasting and may include (but is not limited to) financial close, cash forecasting, systems implementations, developing standard costs, cost reduction tracking, and implementing internal controls. 

While the key responsibilities read like many Controller roles, what we are really looking for is someone who can add value and partner with the global leadership by providing commercial insights and improving the efficiency of Phononic’s APAC operations.

Key Responsibilities 

1. Preparation of monthly management accounts within required timelines: 

Ensure monthly account reconciliations and financial transactions have been accurately recorded and reconciledMonthly Gross Margin analysis, focused on cost of sales and overhead costs, identifying variances to forecastsWorking with both the US headquarters finance team and Global Supply Team to understand and resolve monthly variances Overseeing inventory reporting for all APAC inventory at various contract manufacturing partners in Thailand.Providing monthly calculations and reporting of KPI’s and other management reports with commentary to encourage profitable business growth.Partner with Phononic’s Global Supply Organization to establish rolling monthly/quarterly forecasts.

2. Responsibility for ensuring that all business finance procedures & processes are followed.

Responsibility for accounting transactions.Compliance with local requirements, including regular communications with local advisors. Communicate with HR and external payroll providers to ensure payroll transactions for staff members and related government filings are completed in a timely fashion.Review and improve accounting procedures for all inventory related items.Advising the business on processes impacting finance and assisting in monitoring and enforcing compliance.

3. Providing advice and support for staff throughout the Phononic team as and when required.

4. Coordinate with external auditors, tax agents, and other statutory bodies to ensure compliance with matters relating to audit, tax, and statutory requirements in Thailand.

5. Establish and maintain internal controls for APAC fixed assets, inventory and purchasing processes.

6. Partnering with the Global Supply Team to set standard costs for raw materials, WIP and finished goods inventory and provide timely variance analysis.

7. Completion of ad hoc requests and leading ad hoc projects when required. 

Requirements

Knowledge, Skills + Experience

Bachelor’s or Master's degree in Accounting, Finance or related fields. 8+ years of experience.Qualified Accountant (CMA or CPA).Excellent communication skills in Thai and English, both verbal and written.Strong working knowledge of Microsoft Office (advanced-level Excel, Word, and Power Point).Experience with Microsoft Business Central ERP is a plus. Deep knowledge of an ERP (NetSuite, SAP/Other) in a manufacturing company is required.Prior experience within a semiconductor manufacturing environment is preferred. Experience coordinating with outsourced Contract Manufacturing Organizations is  highly desirable.Sufficient knowledge of Thai tax regulations for assisting external accounting partners with maintaining compliance with tax and government filings.Excellent people skills, with ability to communicate effectively across different levels and cultures within an organization.Strong planning & organizational skills, with ability to work under pressure in a demanding environment.Detail oriented with strong analytical skills and a good team player.Positive attitude, and eager to learn about the business.