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Full Job Description
Position Summary:
The Staff Accountant is responsible for moderately complex accounting activities relating to the maintenance of a complete and accurate accounting system, cost accounting, managerial reports and financial statements. This position will also perform daily cash management including daily liquidity, wire transfer operations, short-term investment, cash flow forecasts, review and monitor monthly and semi-annual journal entries.
Qualifications:
- Bachelor’s Degree in Accounting, Finance or Business Management
- 2~3 years corporate accounting related experience
- Bilingual (English and Korean)
Skills (required and preferred):
- Knowledge and ability to use MS Office including Excel, Word, PowerPoint and Outlook. Proficiency in Excel is required.
- Ability to work independently and with individuals from multiple disciplines and with varying levels of experience.
- Ability to work in fast paced, team environment and ability to work independently.
- Excellent verbal and written communication skills and problem solving and troubleshooting skills.
Essential Functions:
- Daily and monthly expense journal entries
- Print out checks for the entries made above.
- Process Receiving on Solomon for material from the affiliate companies, including D/A acceptance, O/A acceptance and related payments
- Prepare Cost Accounting Packages for all the different PUs.
- Prepare monthly trial balance for each site.
- Prepare monthly financial reporting.
- Prepare consolidated financial reporting
- Provide assistance for quarterly and annual tax return.
- Work with auditors and provide necessary information during the quarterly review and year-end annual audit.
- Daily Reconciliation of Cash Balances
- Daily payment of DAs and OAs, Wires for Raw material payment
- Daily forecast of future cash flow
- Long-term and short-term loan management and maintenance, including communication with banks for new line set up and existing line renewal.
- Interest Payment for Long-term and Short-term loans.
- Daily Account Receivable factoring activities based on the cash flow need.
- A/R factoring management and maintenance – daily communication with the financial institution for daily activities, new line set up and existing credit renewal
- Answer the bank's quarterly and annual request including Borrowing Base Calculation, semi-annual field audit – both for loan and A/R factoring.
- Annual Renewal for Property, Health, Dental, and Life Insurance for each location.
- Prepare each Customer's credit report and maintain credit file and A/R insurance status for each customer
- Check customer's account receivable status and notify past due receivables – coordinate with sales department for account receivable and past due.
- Various financial and accounting ad hoc request from other departments or other affiliates
Experience:
Accounting: 2 years (Preferred)
Education:
Bachelor's (Required)
Language:
Korean (Required)
Founded in 1999 in Seoul, CESNA Group is a global recruiting service operating in a worldwide base and specializes in human resources and executive search and allocation. CESNA currently operates in the U.S., China, Korea and Singapore.