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Accounting Leader - Korea

at Schneider Electric

Posted: 11/16/2019
Job Status: Full Time
Job Reference #: 005SJ3

Job Description

Accounting Leader - Korea

 

Responsibilities

 

  1. Leads the Country Accounting Organization, supported by FiSS and external accounting provider

  • Set up & update Accounting team in the Country for all legal entities, in accordance with the Group projects & evolution

  • Governance and escalation of issues (based on Sequence tool)

  • Part of FiSS Governance and respond to FiSS Customer satisfaction survey
              

  1. Responsible to optimize set up, quality and check-up of Accounting and Tax processes and tools

  • Ensure that processes are in place, they are in line with corporate guidelines, documented, communicated and updated 

  • Define priorities and roadmap for process improvement

  • Ensure that tools are in place, they are in line with the corporate guidelines and employees are trained to use them

  • Lead evolution and change in tools (incl. not governed by the corporate guidelines)

  1. Accountable for deliverables of accounting processes done by FISS, external provider and local team:

  • Provide input on local accounting policies and procedures and define local Accounting approval matrix

  • Ensure robust end to end accounting process in coordination with FISS and external provider

  • Ensure account reconciliation are done properly in coordination with FISS (IG, bank account, cash, AR/AP)

  • Reporting under IFRS & Group principles (Implementation of Group Controlling and accounting rules and processes)

  • Ensure the production of the statutory accounts and communication with local authorities, auditors, banks, …

  • Ensure Local statutory, Group/IFRS rules compliance

  • Supervise and own the process of monthly closings (books and mitigates the risks)

  • Participate in Balance sheet review & challenge and assessment of risk provisions 

  1. In collaboration with SE Tax, responsible for compliance with local and international Tax requirements

  • In collaboration with tax ensure preparation and accuracy of tax returns

  • Local tax compliance (declaration in particular), payment and documentation

  • Review of tax / accounting reconciliation
               

  1. Responsible update Finance on legislations/local rules change and statutory events

  • Maintain Subscription for Accounting, Tax and relevant legislation updates from external professional firms or local membership to Accounting and Tax Network

  • Responsible to maintain a planning of all statutory / compliance activities and duties

     

  1. Accountable for implementation of internal controls in all accounting and tax processes in his/her scope

 

Requirements

 

  • Process oriented (workflows, guidelines, instructions, documentation)

  • Strong Leadership and team management skills

  • Capacity to collaborate and manage stakeholders (CFO, FiSS, Auditors, Corp, Functions)

  • Technical knowledge of IFRS and country accounting (statutory & tax)

  • IT savvy and tools oriented

  • Ability to synthesize and identify key priorities and problems and explain complex issues in a simple manner

  • Agility and capacity to drive change