Finance & Accounting Manager
AEG Power Solutions
Company Overview
AEG Power Solutions
Zwanenburg, Netherlands
1887
Approximately 700 employees globally (source: sauerland.com).
What They Do
AEG Power Solutions is a privately owned international manufacturer of power supply systems and services, specializing in uninterruptible power supplies (UPS), power conversion, and related technologies for critical applications. The company has roots tracing back over a century to the original AEG founded in 1887 as Allgemeine Elektricitäts-Gesellschaft in Germany (source: bnamericas.com). The modern entity evolved from AEG's power division, boasting over 60 years of experience in power electronics and UPS by the early 21st century. AEG Power Solutions operates under the ownership of 3W Power S.A. since September 2018, with a focus on delivering reliable power solutions across various sectors.
The company's core technology emphasizes power electronics, grid integration, and conversion systems, including AC and DC uninterruptible power supplies, battery chargers, rectifier systems, and power inverters. AEG Power Solutions does not directly engage in renewable energy generation but provides customized solutions for energy storage and critical applications (source: sauerland.com). Their products ensure continuous power availability and safe operation for sectors such as oil and gas, power generation, industrial processes, transportation, IT/data centers, and renewables, including green hydrogen and energy storage.
Target markets span industrial and commercial power needs globally, with customer segments including critical infrastructure operators and heavy industries. AEG Power Solutions differentiates itself through its century-plus heritage of rugged reliability, world-class engineering, and a global service network that provides proximity support (source: highperformr.ai). The company stands out in competitive positioning for its specialized AC/DC expertise and solutions like power management and control systems, serving as a key supplier in high-reliability niches amid broader players in UPS and power conversion.
Projects & Track Record
AEG Power Solutions has been involved in notable projects, including supplying a specialized power supply solution for Norsk e-Fuel's Alpha plant in Mosjøen, Norway. This facility produces sustainable aviation fuels (eFuels) using renewable energy and CO2 capture, with AEG's technology enabling the power conversion process (source: highperformr.ai). The company leverages over 100 years of power systems manufacturing experience, focusing on energy storage and grid-related applications. While specific capacities, costs, or completion years for additional named projects are not detailed in available records, AEG Power Solutions has established a strong track record in delivering reliable power solutions across various sectors.
Recent Developments
In the last two years, AEG Power Solutions announced a significant power supply contract for Norsk e-Fuel's Alpha plant, emphasizing its role in green hydrogen and eFuels production (source: highperformr.ai). Leadership updates include Dr. Peter Wallmeier's return as Chief Technology Officer in November 2022, bringing over 25 years of experience in power electronics from prior roles at Infineon and Delta. Additionally, Pierre Bétoliere was appointed as VP APAC & China in November 2022, based in Singapore, with over 15 years in the electrical/electronic industries from Schneider Electric (source: aegps.com). However, no major acquisitions, mergers, funding rounds, awards, or additional certifications have been documented in the past two years.
Working There
AEG Power Solutions offers a variety of roles in engineering, R&D, sales, business development, finance, service, and executive leadership. Departments span power electronics, product management, global service teams, APAC operations, and technology innovation, as evidenced by its management team (source: aegps.com). Hiring occurs at key locations including the headquarters in Zwanenburg, Netherlands; Warstein, Germany; Lannion, France; Shanghai, China; Bangalore, India; and Singapore for APAC. The company culture emphasizes engineering excellence, innovation, international collaboration, and customer-centricity, underpinned by high governance standards toward shareholders, employees, and partners (source: highperformr.ai). Specific benefits are not publicly documented in available sources.
Last updated on 2026-02-23 | Report an issue
AEG Power Solutions is a global forerunner in power conversion, recognized for its unmatched contribution to the domains of energy transition and green hydrogen. Our strength lies in delivering engineer-to-order solutions, tailoring products, and services to cater to the distinct requirements of our esteemed clientele. Since its foundation more than a century ago, AEG Power Solutions stands for rugged reliability and world-class engineering. With a presence in 14 countries, over 700 employees serve leading customers worldwide.
The position
The finance function will be the sole finance lead, responsible for overseeing all financial, accounting, tax, treasury, and compliance matters of the AEG Thailand entity. This role will ensure accurate financial reporting under TFRS and IFRS, strengthen internal control, improve documentation discipline within the local operation team, and act as the key liaison between Thailand operations, outsourced accounting firm, Singapore/Malaysia regional office.
Main responsibilities
- Oversee full-set accounting and monthly closing (TFRS & IFRS compliance)
- Timely and accurate closing and reporting, including the preparations of pre-consolidated financial statements.
- Manage AP, AR, and cash collection.
- AP - Handle AP process invoices, employee claims, payment forecast and vendor reconciliations.
- AR - Handle AR invoices monitoring and control, track collections, reconcile customer accounts.
- Ensure timely VAT, CIT, WHT, social security and statutory filings.
- Oversee payroll processing, ensure compliance with Thai labor law.
- Support management of budget and forecast activities.
- Handle treasury, cash flow forecasting and bank guarantees (BG).
- Manage accruals, CAPEX, fixed assets and GR/IR reconciliation.
- Ensure proper supporting documents (invoices, expenses, customs, inventory reports) from operations team.
- Strengthening internal controls and documentation processes.
- Financial audit preparation and support or coordinate the audit process.
- Manage BOI compliance and optimize BOI privileges.
- Liaise with APAC finance and support group reporting.
Qualifications and Requirements
- Degree in Accounting/Finance or equivalent (ACCA)
- 3-5 years of relevant experience (Diploma with more years of relevant working experience will be considered.)
- Knowledge of accepted accounting practices and principles
- Knowledge of auditing practices and principles (need not have auditing experience but must be able to handle auditors)
- Knowledge of Thai tax regulations and TFRS/IFRS.
- Experience in SAP ERP system.
- Proficient in Microsoft Office (Excel).
- Fluent in Thai and English, both speaking and writing.
- Experience in MNC environment preferred.
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About the role
February 18, 2026
Full Time
Company
- Rayong, Thailand
3-5 years of relevant experience
UTC+07:00
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