Job Title: Sr. Manager, Technical Accounting & Reporting
Employee must speak Korean since they interact with their parent company in Korea.
Essential Functions/Duties:
This position will assist with a group of professionals focused on providing technical accounting interpretation and implementation guidance associated with accounting standards. The position requires a detailed knowledge of U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) in areas such as: debt, equity, leases, revenue recognition, derivatives, annual valuations for goodwill, intangibles & put option and variable interest entities, etc. This position will also work with the company’s consolidation team to ensure accurate financial statements.
Knowledge/Skills/Abilities:
- Strong written and verbal communication skills
- Strong analytical skills
- Ability to research accounting literature and reach conclusions
- Must be a highly organized, meticulous self-starter with the ability to work independently and within a team environment
- Performs well under pressure and effectively balance multiple, concurrent demands and appropriately prioritize responsibilities
- Strong understanding of internal control concepts, including documentation requirements
- Detail oriented
- Korean-bilingual is a plus
- Knowledge of ERP and Financial reporting tools is a plus
- Proficient in MS Office Excel
- Experience or knowledge of ERP system and financial reporting tools such as in BusinessObjects or OneStream is a plus
Additional Qualifications:
- Highly adaptable and able to work in a fast-paced environment while maintaining an emphasis on quality
- Strong organizational skills, ability to prioritize competing projects and adhere to deadlines
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Coordinate and prepare consolidated financial statements and footnotes in accordance with IFRS quarterly & US GAAP yearly including flux analysis.
- Assist with preparation of the holding company’s consolidated financial statements and footnotes.
- Coordinate and assist with the annual impairment testing on goodwill and indefinite useful life intangibles and the annual valuation for a put option liability on minority interest.
- Stay up to date with current accounting standards, interpret, and implementation newly issued accounting standards. Asist with understanding impact of adoption of new accounting standards on financial statements and coordinate implementation with accounting people in global business units.
- Assist with accounting research, provide recommendations on the application of accounting standards and document the Company’s position with respect to accounting matters.
- Assist with the documentation and maintenance of accounting policies
- Update and maintain internal control procedures and provide supporting documentation to internal and external auditors regarding completion of control procedures
- Assist with the annual valuation, financial statement preparation and audit for the post-retirement employee benefit plans.
- Assist in OneStream Consolidation and FP&A system implementation and any ad hoc projects.
- Coordinate external audit on consolidated financial statements and work with external auditors and subject matter experts on the timely resolution of technical accounting matters
- Other duties as assigned.