Worldwide recruitment company

Finance Director

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Position

• Finance Director
• Division: Finance
• Reports To: CFO
• FLSA: Exempt

About Our Client

The company is dedicated to the prevention and early diagnosis of infectious diseases through research, development, and manufacturing of in vitro rapid diagnostic tests, biosensor, and molecular diagnostic products.

Job Summary

• The Public Financial Reporting and Accounting Manager will be responsible for managing and overseeing financial reporting, auditing, budgeting, accounting operations, and tax functions within the organization.
• The role combines responsibilities related to public financial disclosures, internal and external audits, compliance with Korean accounting standards (Korean GAAP), and the management of accounting teams.
• This position requires close collaboration with senior management, external auditors, and subordinate staff to ensure financial accuracy, compliance, and efficiency.

Job Description

• - Prepare and review separate and consolidated quarterly and annual reports for filing on the DART system (Korean public reporting).
• - Oversee the preparation of the quarterly earnings release for the Korean stock market.
• - Ensure compliance with Korean GAAP and prepare technical memorandums to document accounting issues and resolutions.
• - Communicate Korean GAAP-related issues and guidance to senior management, offering clear explanations on technical matters.
• - Work with external auditors to ensure that DART filing financial statements align with auditing standards and resolve accounting discrepancies.
• - Set up cost accounting procedures in the ERP system based on Korean GAAP.
• - Safeguard organizational assets by ensuring robust financial auditing and compliance procedures are followed.
• - Investigate and report potential fraud, management overrides, and financial errors.
• - Conduct financial risk assessments within the organization to ensure the safety and compliance of all financial operations.
• - Perform analytical review procedures to ensure financial statements comply with IFRS standards.
• - Ensure that all financial budgets align with the company's long-term goals and objectives.
• - Prepare cost estimates, assess financial plans, and analyze variances between budgeted and actual financial data.
• - Document and report financial discrepancies to leadership to improve budgeting and financial forecasting accuracy.
• - Supervise the activities of the Treasury and Accounting/Tax teams, ensuring effective collaboration across departments.
• - Assign tasks and responsibilities to accounting and tax team members.
• - Review and evaluate the performance of subordinate employees, ensuring timely feedback and continuous improvement.
• - Recommend hiring, firing, and promotion decisions for accounting staff to executives based on performance and operational needs.
• - Oversee asset and grant management activities, ensuring proper accounting procedures are followed.
• - Conduct internal inventory audits, monitor budget compliance, and ensure accurate monthly financial closing processes.
• - Review inventory and accounts receivable valuations to maintain financial integrity.
• - Prepare and organize documentation for external audits.
• - Manage cash flow, monitor accounts receivable/payable, and oversee the process of cash disbursements.
• - Ensure accuracy in the monthly closing process and manage company loans and guarantees.
• - Prepare monthly financial plans and forecasts to guide the organization in strategic decision-making.
• - Ensure compliance with all financial regulations, maintaining transparency and accountability in all treasury operations.
• - Ensure the accuracy of month-end closing journal entries and cost accounting data.
• - Manage site-specific financial reporting related to asset management, labor efficiency, budgeting, and inventory analysis.
• - Collaborate with manufacturing and warehouse teams to review physical inventory counts and ensure accurate financial reporting.
• - Work closely with external auditors to validate physical inventory data and resolve discrepancies.

Qualifications

• - Bachelor’s degree in Accounting, Finance, or related field (AICPA or KICPA preferred)
• - Proven experience in public financial reporting, financial auditing, budgeting, and cost accounting.
• - Strong knowledge of Korean GAAP, IFRS, and Accounting (consolidation & financial instrument), treasury market and financial regulations,
• - AICPA or KICPA preferred
• - English & Korean bilingual required (fluent in reading, writing, speaking)
• - Excellent communication and interpersonal skills, with the ability to explain complex accounting issues to non-financial stakeholders.
• - Experience managing and mentoring accounting and treasury teams.
• - Strong organizational skills and the ability to meet deadlines in a fast-paced environment.

What's On Offer

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Apply online or feel free to contact us directly for more information about the opportunity. Due to the high volume of applicant, we regret to inform that only shortlisted candidates will be notified. Thank you for your understanding.


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