[독일계] 에펜도르프코리아 Accountant

Key roles:
• Single-person finance liaison stationed in Korea.
• Accountable and responsible for the statutory accounting record & compliance, local finance transactional activities, and act as a “finance business partner” in Korea by assisting with requests/questions raised by various stakeholders ie. P2P, R2R, BPO, Controlling, Sales team, Service team, Customer Care team etc.

Tasks and Responsibilities:
Statutory accounting record & compliance
• Review underlying substance of all transactions and provide recommendations on accounting double entries based on IFRS, local GAAP and local tax legislations.
• Stay abreast of changes to local statutory requirement (tax, audit , company secretarial and banking) and advise management and Shared Service Center (SSC) on a timely basis.
• Translate the changes on local accounting and tax requirements. Ensure transactions are recorded with compliance to local regulatory and IFRS.
• Liaise with tax agent and SSC to complete Year-end Group Tax Reporting: Deferred tax, Corporate Tax Provision.
• Liaise with tax agent to complete necessary local statutory tax reporting: Half year corporate tax estimate, Final Corporate tax, Local Tax, Withholding tax (WHT), WHT annual statement of payment, VAT, Country-by-country Reporting (CbCr), Local File and Transfer pricing documentation (if any).
• Liaise with tax agent for additional tax services (if any).
• Advise on any VAT /WHT topics arising from vendor invoices and staff claims
• Reconcile relevant GL accounts for Corporate Tax/VAT/WHT and make the necessary adjustment/clearing.
• Liaise with external auditor and coordinate local audit related activities in accordance with audit requirement such stock count, Debtor Confirmation, Creditor confirmation, audit queries etc.
• Ensure data is available for drafting the Financial statement in both English and Korean language and prepare the FS including Statement of Financial Position, Statement on Comprehensive Income, Statement of Changes in Equity, Statement of Cash flow and other notes to the accounts, in accordance with Korean reporting requirements
• Liaise with HR and actuarist to ensure the actuary report for Pension Plan / Jubilee Plan are ready and completed for IAS19 disclosure purpose.
• Managing company secretarial matters and liaise for relevant authorizations on official documents.

Local finance transactional activities
• Fully accountable for local finance activities. Ensure timely completion of month-end, quarter-end, and year-end closing activities, adhering to statutory requirements.
• Provide support to SSC on Intercompany related transactions and IFRS 16 reporting.
• Review monthly Profit and Loss
• Review monthly balance sheet reconciliation - follow up on open items and rectify any anomalies encountered.
• Provide journal and information to SSC Team for monthly accrual/provision adjustments, and any other necessary adjustments.
• Advise BPO/P2P/R2R on GL code, cost center, tax code.
• Responsible for all aspects of Accounts Receivables - reconcile incoming payments from customers and post accordingly – EFT & Credit Card payments, support review on debtors ageing report, ensure all sales related activities are reported timely and accurate for WD 1 closing.
• Support activities relating to Accounts Payable – review vendors invoices and staff claims posted by BPO, create/amend vendor master data, liaise with P2P for the payment of vendor invoices/staff claim, coordinate with internal stakeholder for clarification of vendor invoice/staff claim (if necessary).
• Clearing control accounts.
• Coordinate with BPO (Business Process Outsourcing) to ensure smooth and accurate process by BPO.
• Coordinate and manage with internal stakeholders for annual fixed asset confirmation, asset tag distribution and asset requisition/disposal process.
• Attend to customers and vendors enquiries.

“Finance business partner” role
• Act as the main contact point for Korea finance matter.
• Manage requests/questions raised by various stakeholders by investigati and understand the background of the matter. If necessary, to coordinate and seek support from the right department/person in charge.
• Provide recommended resolution for finance issues/missing finance process if necessary.
• Liaise with local bank on account administration and facilitate fund transfer arrangement from local bank into Corporate bank.
• Highlight to line manager any irregularities that is unethical and ensure internal controls are recommended.
• Identify improvement plans and solutions to solve on an open topic highlighted by internal and external auditors as well as process efficiencies
• Involve in finance projects implementation for Korea office (if applicable)
• Any other task that may be assigned by line manager / Head of shared service finance.

Education, training, professional experience:
• Degree in Accounting is a must
• Professional accounting qualification is an added advantage
• MBA / Master