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[Daimler Trucks Korea Vacancy Notice] Accounting Manager
Daimler Trucks Korea is currently hiring an Accounting Manager. If you are interested, please click HERE for more information.
Tasks Financial Reporting / Accounting
• Provide all necessary information from BU for financial statement/closing.
• Ensure correct and transparent recording of all business transactions in the relevant period for the legal entity, incl. corporate reporting and publication of audited company results an time in accordance with general accounting principles, existing laws and internal guidelines (incl. ICS).
• This includes accounts payable (AP) and receivables (AR) business payment and invoicing, financial and cost accounting/financial administration, asset accounting and credit.
• Monitor and managing the process of SSC. Timely reporting financial key performance indicator to management level.
• Ensuring that financial figures are correctly reported in system (ie. SAP, MIF etc)
• Ensure adequate preparation of periodical financial statements (balance sheet, profit&loss, Cash flow) according to local and Daimler accounting standards for relevant entity and to reporting timeline.
• Legal Entity Accounting, including all Business Units and Cost Centers with exposure to multiple global regulation.
• Properly make coordination of communication with external accounting & tax firm for the handling accounting & tax topics.
• Ensure quality and compliance due to adequate control mechanism.
• Continuously monitor and manage the outsourcing processes and ensure adequate preparation of the periodical financial statements.
• Liaison to corporate and external auditors.
• Financial risk: Support management of credit exposure to dealers
Tax (incl. Customs)
• Ensure correct, complete and optimal taxation and import duties treatment and submission (for example income tax, withholding tax, goods and services tax, corporate income tax)
• For all transactions in accordance to accounting standards, existing laws and internal guidelines.
• Closely cooperation with external advisor (Deloitte, E&Y, PWC) in order to set up proper documentation in line with compliance and regulation.
• Responsible for correct reporting and documentation regarding to “BEPS” Transfer Price topic.
Treasury/Cash Management
• Support management of sufficient liquidity, including cooperation with Treasury in the structuring and funding, cash management and cash flow planning.
• Support competitive funding efforts for local Financial Services.
• Responsible for whole documentation process related with credit line set up, renewal bank facility term and condition.
• Responsible for reporting cash flow projection to management and provide adequate information not to face any financial risk.
• Ensuring whole process of industrial payment and keep monitoring financial risk.
• Reporting properly cash situation to management.
Analysis of Balance Sheet and P&L Statement
• Plan and analyze financial position and performance to ensure internal guidelines and external requirements are fulfilled, e.g. tax incentives.
• Highlight unfavorable developments and propose corrective actions.
• Timely reporting accounting dashboard to CFO and annually analyzing competitor’s financial statement and reporting to management.
• Timely update credit assessment of financial statement about bodybuilders and service centers.
• Provide recommendations / ideas for optimization of legal entity structure bearing in mind controlling, accounting, audit and tax considerations.
Compliance (internal/external)
• Implementation and coordination of processes according to rules and regulations provided by law and internal guidelines for all relevant transactions.
• Design, perform and review internal controls (if any) ensuring compliance with corporate legal entity.
• Ensure appropriate certification.
Personnel Management:
• Lead, motivate and develop employees by target agreements, performance evaluations and personal leadership.
• Set up clear internal communication for understanding company strategy and vision.
• Provide for employee and develop related qualification regarding the requirements in the accounting field and in view of compliance.
• Ensure the achievement of agreed targets. Demonstrate and development by supporting and challenge the employees.
General Processes
• Develop an understanding of the processes, the embedding into the overall process and the interconnection with preceding and subsequent processes any guidelines changes.
• Closely communicating and co-working with internal & external stakeholders for instance, local management, F&C partners in HQ and external accounting firm etc.
• Monitor and optimizing the processes in own responsibility continuously and check against guidelines or checklists, if available.
Qualifications Education
University degree with a strong background in Finance & Accounting
Experience
• At least 12 years of work experience in all finance areas (Finance, Accounting and Tax) preferably in the auto industry and multi-national corporation.
• Developed leadership skills to lead a team
Specific knowledge
• CPA Certificate
•Sound knowledge in K-GAAP & IFRS
• Proficient in SAP system
• Fluent in both written and spoken English as corporate communication language
• Proficient in MS office (specifically Excel and PowerPoint)
[Daimler Trucks Korea Vacancy Notice] Accounting Manager
Daimler Trucks Korea is currently hiring an Accounting Manager. If you are interested, please click HERE for more information.
Tasks
Financial Reporting / Accounting
• Provide all necessary information from BU for financial statement/closing.
• Ensure correct and transparent recording of all business transactions in the relevant period for the legal entity, incl. corporate reporting and publication of audited company results an time in accordance with general accounting principles, existing laws and internal guidelines (incl. ICS).
• This includes accounts payable (AP) and receivables (AR) business payment and invoicing, financial and cost accounting/financial administration, asset accounting and credit.
• Monitor and managing the process of SSC. Timely reporting financial key performance indicator to management level.
• Ensuring that financial figures are correctly reported in system (ie. SAP, MIF etc)
• Ensure adequate preparation of periodical financial statements (balance sheet, profit&loss, Cash flow) according to local and Daimler accounting standards for relevant entity and to reporting timeline.
• Legal Entity Accounting, including all Business Units and Cost Centers with exposure to multiple global regulation.
• Properly make coordination of communication with external accounting & tax firm for the handling accounting & tax topics.
• Ensure quality and compliance due to adequate control mechanism.
• Continuously monitor and manage the outsourcing processes and ensure adequate preparation of the periodical financial statements.
• Liaison to corporate and external auditors.
• Financial risk: Support management of credit exposure to dealers
Tax (incl. Customs)
• Ensure correct, complete and optimal taxation and import duties treatment and submission (for example income tax, withholding tax, goods and services tax, corporate income tax)
• For all transactions in accordance to accounting standards, existing laws and internal guidelines.
• Closely cooperation with external advisor (Deloitte, E&Y, PWC) in order to set up proper documentation in line with compliance and regulation.
• Responsible for correct reporting and documentation regarding to “BEPS” Transfer Price topic.
Treasury/Cash Management
• Support management of sufficient liquidity, including cooperation with Treasury in the structuring and funding, cash management and cash flow planning.
• Support competitive funding efforts for local Financial Services.
• Responsible for whole documentation process related with credit line set up, renewal bank facility term and condition.
• Responsible for reporting cash flow projection to management and provide adequate information not to face any financial risk.
• Ensuring whole process of industrial payment and keep monitoring financial risk.
• Reporting properly cash situation to management.
Analysis of Balance Sheet and P&L Statement
• Plan and analyze financial position and performance to ensure internal guidelines and external requirements are fulfilled, e.g. tax incentives.
• Highlight unfavorable developments and propose corrective actions.
• Timely reporting accounting dashboard to CFO and annually analyzing competitor’s financial statement and reporting to management.
• Timely update credit assessment of financial statement about bodybuilders and service centers.
• Provide recommendations / ideas for optimization of legal entity structure bearing in mind controlling, accounting, audit and tax considerations.
Compliance (internal/external)
• Implementation and coordination of processes according to rules and regulations provided by law and internal guidelines for all relevant transactions.
• Design, perform and review internal controls (if any) ensuring compliance with corporate legal entity.
• Ensure appropriate certification.
Personnel Management:
• Lead, motivate and develop employees by target agreements, performance evaluations and personal leadership.
• Set up clear internal communication for understanding company strategy and vision.
• Provide for employee and develop related qualification regarding the requirements in the accounting field and in view of compliance.
• Ensure the achievement of agreed targets. Demonstrate and development by supporting and challenge the employees.
General Processes
• Develop an understanding of the processes, the embedding into the overall process and the interconnection with preceding and subsequent processes any guidelines changes.
• Closely communicating and co-working with internal & external stakeholders for instance, local management, F&C partners in HQ and external accounting firm etc.
• Monitor and optimizing the processes in own responsibility continuously and check against guidelines or checklists, if available.
Qualifications
Education
University degree with a strong background in Finance & Accounting
Experience
• At least 12 years of work experience in all finance areas (Finance, Accounting and Tax) preferably in the auto industry and multi-national corporation.
• Developed leadership skills to lead a team
Specific knowledge
• CPA Certificate
•Sound knowledge in K-GAAP & IFRS
• Proficient in SAP system
• Fluent in both written and spoken English as corporate communication language
• Proficient in MS office (specifically Excel and PowerPoint)
Deadline: In 2 weeks
Apply for this job