H&M (Thailand) Co., Ltd. - Compliance Manager (Tax - Legal)

About H&M Thailand

Fashion, fun and action!

As one of the world’s largest fashion retailers, H&M offers endless career opportunities. A fast-paced, buzzing environment with great diversity – a place where the customer is always the centre of attention.

Today, H&M employs around 148,000 people for over 4,000 stores in more than 62 markets worldwide. And we are continuing to grow.

H&M in Thailand is managed through a franchise arrangement with Hthai (Thailand) Co., Ltd. This is a newly established company founded by JS Gill, a retailer with vast knowledge and experience in Asia.

The first H&M store, opened by Hthai in Bangkok is located at the best business location in Siam Paragon Shopping Mall in September 2012. It occupies 2 floors and offers a complete range of fashion wear for Women, Men and Children. This flagship store at Siam Paragon, with a unique H&M store design, is amongst the largest in South East Asia. At present we have opened 15 stores in Thailand and will be many more in the near future.

Are you interested in being a part of our H&M team in Thailand? Please email your resume to career@hthai.co.th.

Compliance Manager (Tax - Legal)

Job Description
1. Register the set-up of new branch. Liaise with secretarial agent / lawyer to submit the application form for the registration. (Hthai & FAR& Shopping Bag )
2. Liaise with MIS staff for the layout of POS within the new store and submit the application to register POS with Revenue Department. (Hthai & FAR& Shopping Bag)
3. Oversee the Fixed  Assets
a. Review Fixed Assets register
b. Ensure Fixed Assets and depreciation are properly recorded and the computation of depreciation expense is correct.
c. Check that proper documents are organised in the fixed asset file.
4. Comptroller of Income Tax (CIT) computation  ( FAR & GL )
Ensure half year tax (PND51) computation is submitted to The Revenue Department within two months from end September.
a. Ensure annual tax (PND50) computation is submitted to The Revenue Department within 150 days, that is by 31 August, from the fiscal year end.
5. Issue POA, Prepare minutes of Board Meeting (BR), Director’s Meeting (AGM).  (Hthai & FAR & GL )
6. Liaise with external auditor, tax agent and secretarial agent. (Hthai & FAR & GL )
7. Prepare the Summary of Insurance Policies and to ensure that the assets are adequately insured and liaise with insurance agent for renewal of the expiring policies on a timely basis. ( prepayment -insurance )
8. Maintain License summary and liaise with Lawyer to apply for new / renew license of FAR (Thailand) on timely basis.
9. Overall in charge of closing FAR (Thailand) accounts and management reporting.R for FAR & Management Report
10. In charge to prepare and reconcile the following
a) Reconcile the Balance sheet schedules
154230            Prepayment – Insurance
210030            Provision for taxation
210040            Dividend payable
300025            Appropriation for dividend paid
621190            Insurance - all risk
621200            Insurance - keyman/public/product liab/
621500            Directors' fee / Audit fee / Professional fees