Accountant - P2P

Job description

[Macro Objectives] - Streamline AP runs and payment process, increase Internal Controls - Improve liquidity and funding management through liquidity planning and effective control cashflows - Implement BAM to enhance the control of bank account data and assuring the robust management of opening and amendment operations, and provision of strong audit visibility - Automate the daily posting of cash pooling entries and real-time reporting of cash balance increasing the accuracy of cash flow forecasting

[Macro Objectives]
- Streamline AP runs and payment process, increase Internal Controls
- Improve liquidity and funding management through liquidity planning and effective control cashflows
- Implement BAM to enhance the control of bank account data and assuring the robust management of opening
 and amendment operations, and provision of strong audit visibility
- Automate the daily posting of cash pooling entries and real-time reporting of cash balance increasing the
 accuracy of cash flow forecasting

[Sub-Objectives]
1. Payment and Collection
- Reconcile between all bank accounts on employee, store, vendor and the beneficiary.
- Make a payment for taxes, custom duties and intercompany transactions by the designated date.
- Review the invoices and references for international payments.
- Match flagship/gaok store daily cash sales with the bank statements.
- Collect the receivables amounts concerning department stores, duty-free shop, ecommerce stores.

2. Annual audit and Tax related
- Responsible for quarterly VAT and corporation income tax payment.
- Prepare the supporting documents by auditor’s request.
- Declare and pay for the local income, residence and withholding tax by 10th of the next month.

3. Bank Reconciliation & Report
- Bank statements extracted in the same format as other brands and fill up bank recon files.
- Offer cash account details to brand finance team including monthly payment details (Classify cash transactions
 according to the type)

4. Cashpooling Forecast
- Collect cash fcst files from all brands and make the fcst file for cash pooling
- Send the cashpooling fcst file updated with actual balances of the month after month-end closing
- Liase with Deutsche bank closely regarding cashpooling status.

[Teamwork Objective]
- Cooperate with back-office function and other teams
- Alignment and harmonization between/with brands, promote best practices eliminating waste
- The owner of an open mind for new changes and system changes.

[Long-Term Strategic Objectives]
- Through process and skills improvement, contribute to the progress of Korea Finance SSC organization toward
 ISO certification on quality & controls
- Leveraging on the new processes and the additional technology, implement continuous accounting & fast-close
 (1 day close)

[Must have]
- 3~8years experience in overall accounting & financial operations
- Proficient in MS Office applications, especially in Excel, SAP experience preferred.
- Korean native speaker with fluent written and verbal English skills.
- Excellent communication and interpersonal skills. Able to effectively communicate with people at all levels.

[Internal Screening Criteria]
- Basic understanding on accounting and retail biz
- Strong analytical and logical skills
- Multi-Tasking, Patience under hard-working environment
- Hands-on mentality
- Proactive attitude, Good mannered.

·  Full time
·  Asie
·  Korea, Republic of