q

[Job Description]

The scope of this position includes effective management of end-to-end transaction processes for UL’s Korean Branch office and encompasses
I. Accounting to Report (A2R)
II. Order to Cash (O2C)
III. Local VAT Tax reporting and compliance
IV . Banking Relationships
V. Compliance and Internal Controls

I. Accounting to Report (A2R)
• Manage and ensure monthly accounting processes and monthly close process is conducted efficiently and effectively for all three (3) Korean legal entities
• Monthly reporting of financial results to UL’s global headquarters in Northbrook, Illinois
• Ensures all local, regional external financial reporting is conducted in accordance with all regulations and requirements
• Lead/participate in special projects including legal entity optimization, ERP improvements/system implementations, integration of mergers/acquisitions
• Ensure local processes are optimized and in accordance with UL policies

II. Order to Cash (O2C)
• Manage on a day-to-day basis Korean O2C processes to perform to Global Business Services (GBS) standards
• Oversee and support O2C team members in the development and management of end-to-end processes and to include support of GBS globally and Business Unit and Corporate finance and accounting staff
• O2C functions include the following services/functions
– Billing and Customer invoicing
– Credit Management
– Collections Management
– Cash Applications
– Accounts Receivable Management
• Responsible for owning and championing the O2C processes within Korea, standardizing where possible and supporting continuous improvement; supporting global operating model of Global Business Services
• Collaborate with the Global Director O2C to update and maintain process improvements, integrations and technology updates
• Establish and maintain accurate and up-to-date desktop procedures and ensure teams follow operational procedures that provide control and operational flexibility and appropriately protect the company’s assets
• Provide regular performance updates to regional and global executives, along with recommendations for management action, when appropriate

III. Local VAT Tax
• Manages VAT tax invoicing and compliance process
• Ensures monthly and quarterly tax reports are filed on time and in compliance with regulations
• Addresses and resolves client VAT questions; assists UL Sales Team with training
• Works with outside advisors, as needed, to resolve issues that arise on VAT
• Work collaboratively with UL Accounting staff, Internal Audit, SOX Compliance and UL Tax Group
• Ensures VAT and general remittances and payments are processed within UL’s standards

IV. Banking Relationship and Controls
• Manages local banking relationship and oversees remediation of banking and client issues
• Ensures all UL’s internal controls regarding cash security and banking are properly applied in Korea and effective and efficient
• Work collaboratively with UL Treasury staff and Korean banking relationship as the liaison between UL Korea and local bank
• Assists in the execution of local bank access and administration per the direction of Asia Regional Finance Director

V. Compliance and Internal Controls
• Work with Internal Audit, SOX, IT interface leads to ensure an adequate control environment
• Manages corporate income tax compliance process
• Ensure all policies and processes align with applicable laws and are adhered to by all staff under his/her direction
• Ensure internal controls for all banking/other certificates, security passwords and corporate seals are effective at all times

 

[Job Requirements]

• Bachelor’s degree in Accounting or Finance
• Certification as a Chartered or Certified Accountant preferred
• 10 to 12+ years of experience managing a client-service oriented accounting function with experience in management of corporate initiatives/projects, systems processes, relationship management, internal controls, general controllership and accounting processes
• 5+ years of experience managing an accounting team recruiting, developing, coaching and monitoring a team of accounting/financial professionals and clerical staff
• Strong negotiation and leadership skills with the ability to lead from the front in meeting levels of performance.
• Exceptional communication skills – both written and verbal; fluent in Korean and English
• Experience working for an MNC in a matrix, dynamic organization
• Experience with Oracle, Dun & Bradstreet and Hometax VAT system is a plus

 

[Application Guide]

  • 이메일 지원
    – 제출서류: 국문이력서 및 자기소개서, 영문이력서(필수)
    – 접수방법: ​hr.kr@ul.com으로 이메일 접수