FX Accounting Senior Manager/ Manager (Bangkok based, relocation provided)

About Agoda

At Agoda, we bridge the world through travel. Our story began in 2005, when two lifelong friends and entrepreneurs, driven by their passion for travel, launched Agoda to make it easier for everyone to explore the world.

Today, we are part of Booking Holdings [NASDAQ: BKNG], with a diverse team of over 7,000 people from 90 countries, working together in offices around the globe. Every day, we connect people to destinations and experiences, with our great deals across our millions of hotels and holiday properties, flights, and experiences worldwide.

No two days are the same at Agoda. Data and technology are at the heart of our culture, fueling our curiosity and innovation. If you’re ready to begin your best journey and help build travel for the world, join us.

The Opportunity

We are looking for an FX Controller to join our Finance team in Bangkok. This role is ideal for an experienced accounting professional with strong technical knowledge of foreign exchange, derivatives, hedge accounting and financial controls in a complex multinational environment.

You will own the accounting and controllership framework for foreign-currency transactions and exposures across multiple entities, currencies and jurisdictions. This includes FX revaluation, realized and unrealized gains and losses, derivatives, hedge-related accounting, foreign-currency intercompany transactions, exchange-rate governance and the reconciliation of Treasury systems to the general ledger.

You will be responsible for ensuring that FX accounting outcomes are complete, accurate, explainable and compliant with applicable accounting standards and internal policies. You will also provide clear analysis of material FX movements, identify unexpected exposures or accounting outcomes, and coordinate their resolution with Treasury, Controllership, Tax, Finance Systems and other Finance teams.

Beyond close and reporting ownership, you will help establish a scalable FX accounting operating model. This includes strengthening controls, improving exposure and hedge visibility, automating reconciliations and ensuring that the economic intent of Treasury activity is reflected appropriately in the financial statements.

This is a high-impact role for someone who enjoys combining technical accounting, FX and derivatives expertise, financial controllership, data analysis and cross-functional leadership.

In This Role, You'll Get To

FX Accounting and Close Ownership

Own the end-to-end accounting for foreign-currency transactions, balances, exposures and Treasury-driven FX activity across multiple entities and ledgers.

Manage monthly, quarterly and annual FX close activities, ensuring that all relevant transactions, valuations, revaluations and accounting adjustments are recorded accurately and on time.

Review and approve FX-related journal entries, including realized and unrealized gains and losses, balance-sheet revaluations, derivatives, settlements and hedge-related entries.

Ensure the correct treatment of transaction currency, functional currency, reporting currency and source-currency amounts throughout the accounting process.

Review FX results across the income statement, balance sheet and other comprehensive income, where applicable, and explain material movements to senior Finance stakeholders.

Perform reasonableness and trend analysis of FX gains and losses against exposures, market-rate movements, hedging activity, prior periods and forecasts.

Investigate unexpected FX volatility, unusual source-currency balances, duplicated or missing entries, incorrect exchange rates and other accounting exceptions.

Maintain clear visibility over outstanding FX close items, owners, financial impact and expected resolution dates.

Derivatives and Hedge Accounting

Oversee the accounting for FX derivatives, including forwards, options, swaps and other instruments used to manage foreign-currency risk.

Review derivative valuations, settlements, premiums, accruals and related general-ledger postings.

Assess and document the appropriate accounting treatment for new or non-routine FX and derivative transactions.

Support or oversee hedge designation, hedge documentation, effectiveness assessments and the ongoing accounting for qualifying hedging relationships.

Ensure accurate presentation of hedge results between the income statement, balance sheet and other comprehensive income, where applicable.

Monitor non-designated or non-qualifying hedges and ensure that their accounting impact is accurately tracked and explained.

Review hedge discontinuations, modifications, rollovers, early settlements and ineffectiveness for appropriate accounting treatment.

Support quarterly derivatives disclosures, group reporting, regulatory or survey submissions and audit requirements.

FX Exposure and Balance-Sheet Control

Develop and maintain a complete view of material foreign-currency monetary assets, liabilities, commitments and intercompany exposures.

Reconcile FX exposure information between Treasury systems, bank data, subledgers, consolidation systems and the general ledger.

Review foreign-currency cash, bank, receivable, payable, loan, cash-pool and intercompany balances for completeness and appropriate revaluation .

Oversee the accounting for foreign-currency intercompany funding, settlements, service charges and other cross-border transactions.

Ensure approved exchange rates are applied consistently, including spot rates, month-end rates, average rates, historical rates and fixed intercompany rates where required.

Challenge unexplained or unhedged exposures and work with Treasury and Finance teams to determine whether they arise from genuine economic positions, timing differences, missing transactions or accounting errors.

Establish investigation and escalation thresholds for material FX differences and unresolved reconciliation items.

Ensure significant FX-related balance-sheet accounts are reconciled, reviewed and signed off within the close timetable.

Exchange-Rate Governance and Data Quality

Own or oversee the governance of exchange rates used in ERP, Treasury, consolidation and reporting systems.

Validate that approved rates are complete, accurate , timely and consistently applied across entities and accounting processes.

Monitor interfaces between systems, market-data sources, ERP platforms and relevant tools.

Investigate differences caused by incorrect rates, stale data, currency mapping or system configurations.

Partner with Finance Systems and Treasury teams to improve the reliability and traceability of data.

Maintain appropriate evidence and approval records for rates, valuations, adjustments and system-generated entries.

Financial Reporting and Management Analysis

Deliver accurate and timely FX accounting results for management, treasury, group consolidation and statutory reporting.

Prepare clear explanations of material movements, distinguishing between operational exposure, translation effects, revaluation, hedging results, settlement timing and accounting corrections.

Partner with FP&A and Finance Business Partners to explain actual FX outcomes against forecast or budget assumptions.