Controller

The Controller – Korea is responsible for the accounting, financial reporting, compliance, internal controls, and statutory governance of the Korea entity.

Duties include the timely production of accurate financial records, maintenance of accounting records, management of month-end close activities, statutory and tax compliance, audit coordination, and administration of a comprehensive control environment designed to mitigate risk and enhance the accuracy and integrity of the company's reported financial results.

The position is responsible for:

• Organizing, managing and controlling the work of accounting personnel in collecting, recording, reconciling, and reporting financial data,
• Maintaining accounting practices in accordance with applicable GAAP, Company policies, and Sarbanes-Oxley requirements,
• Ensuring timely and accurate monthly close, balance sheet reconciliations, journal entries, statutory reporting, tax compliance, and audit support,
• Monitoring financial reporting quality, accounting compliance, and control effectiveness, and
• Providing accounting and controllership guidance to management, operations, shared service teams, and corporate stakeholders.

Key Reponsibilities

Major responsibilities of the position are listed below. To perform the job successfully, an individual must be able to execute each essential duty satisfactorily. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

• Lead the monthly financial close process, including review of revenue recognition, expenses, accruals, provisions, cash-related accounting, and key balance sheet accounts.
• Execute monthly reconciliations and journal entries to assure accurate financial information is generated and proper internal controls are in place, in accordance with GAAP, Sarbanes-Oxley requirements, and company policies and procedures.
• Review financial results for completeness, accuracy, proper cut-off, and compliance with applicable accounting policies.
• Prepare and review monthly reporting packages, schedules, reconciliations, and supporting analysis required for corporate reporting.
• Prepare and review monthly reporting packages, schedules, reconciliations, and supporting analysis required for corporate reporting.
• Ensure that all statutory reporting requirements and deadlines are met.
• Establish and monitor the implementation and maintenance of internal controls and procedures.
• Provide financial and accounting leadership, due diligence, and post-acquisition integration support for special projects.
• Identify opportunities to improve close processes and operational efficiency.
• Ensure compliance with local laws and regulations.
• Analyze financial and operational accounting information to identify reporting issues, control gaps, compliance risks, and process improvement opportunities.
• Provide accounting guidance, control recommendations, and compliance solutions to the operational units and senior management team.
• Actively participate in initiatives and special projects as required by senior management, segment leadership, and corporate.
• Support system implementations, enhancements, testing, and process improvements.
• Performs other duties of a similar nature and level as assigned.
• Provide leadership and coaching to the accounting team particularly on AR/AR and closing processes

Education & Experience:

• Bachelor’s Degree in Accounting. Master’s degree in Accounting, MBA, or CMA is desired.
• Extensive years of accounting experience in a manufacturing or project management environment is required.
• Experience with project accounting and percentage of completion revenue recognition required.
• Knowledge in the regulation/law of the accounting & tax in Korea;
• Experience in expanding, fast-growing organizations with a global presence, similar to a multinational corporation; experience with a U.S.-listed or U.S.-headquartered company is preferred.
• Well-developed ability to multi-task and prioritize with strong attention to details.
• At least ten years in a managerial/supervisory role

Licensing or Certifications: Bachelor of Accountancy /with Masters or equivalent

Competencies, Skills & Abilities: To perform the job successfully, an individual must be able to execute each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and ability required.

Knowledge

• Systems
  • Microsoft Office Suite, ERP systems, ADP, Epicor and/or D365 is beneficial. Familiarity with reporting and close management tools is preferred.
• Economics and Accounting
  • Knowledge of economic and accounting principles and practices, and reporting of financial data.
• Administration and Management – knowledge of business and management principles involved in accounting operations, internal controls, compliance, leadershipof people and resources.
• English Language – Ability to speak, understand, read, and write in English fluently.
• Financial Reporting and Controls — Maintaining accurate accounting records, supporting timely reporting, and ensuring effective controls over financial processes.
• Critical Thinking – Uses logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• Judgment and Decision Making — Considering the relative costs and benefits of potential actions to choose the most appropriate one.
• Management of Personnel Resources — Motivating, developing, and directing people as they work, identifying the best people for the job.

Travel Requirements: Travel required

• Incumbents are expected to travel as needed to support assigned business lines(s) and must have the ability to travel across borders.