ABOUT COMPANY

The Lao Bullion Bank, established in collaboration between Ministry of Finance and PTL Holding Co., Ltd to bolster Laos' economic stability through gold-based financial services. It offers savings, loans, and secure storage options, supporting the government's efforts to improve liquidity and strengthen the Lao Kip. The bank operates under international standards, such as the London Bullion Market Association (LBMA), positioning itself to attract both local and global investors. Its focus is on enhancing fiscal policies, building reserves, and integrating into the global gold market.  

NOW HIRING!

Position Title:   Head of Accounting & Finance 

Department:    Accounting & Finance

Report to: Chief Financial Officer

Location:  Lao Bullion Bank, Vientiane Capital, Lao PDR

Business group: Banking

Job Summary:

The Head of Accounting and Finance is a key strategic position. This role is responsible for the integrity of the bank's financial reporting, the effectiveness of its internal control environment, and the leadership of the finance and accounting teams. This position will lead all core financial operations, drive strategic financial planning, manage key financial risks (including our gold portfolio), and spearhead the optimization of financial systems to ensure the bank's continued growth, profitability, and regulatory compliance.

Role & Responsibilities:

1. Strategic Financial Leadership and Reporting
   • Lead the accounting and finance teams to align with the bank’s strategic goals and regulatory requirements.
   • Oversee the preparation of monthly, quarterly and annual financial statements in compliance with International Financial Reporting Standards (IFRS) and Lao Accounting Standards (LAS).
   • Prepare and manage consolidated financial statements, including balance sheets, profit and loss statements, cash flow statements and changes in equity.
   • Develop and implement financial strategies, including growth business planning, financial performance tracking, cost optimization and sustainable profitability in collaboration with senior management.
   • Ensure the preparation of comprehensive annual reports for stakeholders, providing transparency and compliance with global reporting standards.
   • Maintain and ensure compliance with depreciation and amortization schedule standards.
   • Other tasks assigned by Head of Accounting & Finance.

2. Risk Management and Financial Controls
   • Conduct financial risk assessments and oversee the valuation and accurate recording of gold.
   • Design, implement and monitor internal control processes to safeguard financial integrity and manage operational risks.
   • Liaise with Treasury to oversee cash flow projections, assess funding needs and maintain adequate working capital to support operational growth.
   • Ensure full compliance with local tax laws, banking regulations and other statutory requirements, coordinating regulatory reporting as needed by the BOL.
3. Team Development and Leadership
   • Lead, mentor and provide professional development opportunities for the accounting and finance teams, including certifications of CPA.
   • Establish performance measurement systems to track budgetary controls, profitability and the effectiveness of capital management.
4. Technology and Process Optimization
   • Manage technology integration, including financial systems such as Silverlake, to optimize data accuracy and operational efficiency.
   • Identify and implement process improvements to enhance the efficiency and effectiveness of accounting, treasury and financial operations.
   • Liaise with external auditors for timely audits, ensuring compliance with international standards and GAAP.

Qualifications and Skills:

• Bachelor’s degree in Finance, Accounting, Economics, or a related field. A Master’s degree (e.g., MBA, MSc in Finance) is highly preferred.
• LCPAA Member (Certified Public Accountant) is mandatory.
• Proficiency in both Lao and English (written and verbal) is mandatory.
• Proven experience as a strong team leader with the ability to mentor, develop, and manage a team.
• Minimum 8-10 years of progressive experience in finance and accounting within the banking or financial services industry.
• Minimum 3-5 years of experience in a senior managerial or leadership role, with direct responsibility for financial reporting, team management, and strategic planning.
• Strong working knowledge of core banking systems, preferably Silverlake, and reconciliation platforms (Lapnet, Deeplink, or similar).
• Proven track record of leading process improvement and system implementation projects.
• Exceptional communication, presentation, and interpersonal skills, with the ability to translate complex financial information for non-technical audiences and senior leadership.
• Demonstrated ability to work independently, think strategically, and thrive in a dynamic, team-oriented environment.
• Microsoft Office proficiency (especially Excel, Word, PowerPoint).

To apply, please submit requirement documents to email: recruitment@laobullionbank.com or Whatsapp: 020 5763 0857

Requirement Documents:

1. LBB-Application Form
2. Curriculum Vitae (CV)
3. Cover Letter
4. Copies of education certificates: certificates, diploma, transcript mark sheet
5. Copy of Identity Card (ID Card) or Passport
6. Copies of family book
7. Copies of employment certificate (if any)