Senior Accountant (AR & Treasury)

🏢 MAN Truck & Bus Korea

MAN Truck & Bus is driving the future of transportation as one of Europe’s leading commercial vehicle manufacturers and transport solution providers. Our product portfolio includes vans, trucks, and advanced diesel and gas engines – all supported by innovative services designed to simplify both passenger and freight mobility. MAN Truck & Bus is part of the TRATON GROUP and employs more than 36,000 people worldwide. MAN Truck & Bus Korea Ltd. is a subsidiary of Volkswagen, a German company offering a world-class portfolio of imported commercial vehicles, particularly trucks and buses. MAN Truck & Bus Korea also serves as the regional headquarters of the AustralAsia Cluster, overseeing operations across 13 countries in Asia and Oceania.

[ Senior Accountant (AR & Treasury) ]

✔️Responsibilities

A. Accounts Receivable & Treasury

• Take responsibility for the overall accounts receivable process by monitoring customer payments, performing timely account reconciliations, and ensuring the accuracy and completeness of AR balances.
• Manage customer credit limits, collateral arrangements, and bad debt provisions in accordance with company policies and risk management guidelines, while proactively identifying and mitigating potential credit risks.
• Perform regular bank reconciliations and monitor daily cash positions to ensure the accuracy of cash records and sufficient liquidity for operational requirements.
• Lead treasury-related activities by preparing cash flow forecasts, analyzing funding requirements, and coordinating banking activities to optimize working capital management.
• Manage foreign currency transactions and cash management activities, ensuring compliance with treasury policies and minimizing foreign exchange exposure.

B. Payment & Corporate Card Management

• Monitor accounts payable balances and execute payment transactions through SAP and banking platforms in a timely and accurate manner.
• Review and verify payment requests to ensure compliance with company policies, approval procedures, and internal control requirements before payment execution.
• Manage corporate card administration, including card issuance, credit limit maintenance, expense reconciliation, and compliance monitoring.
• Ensure accurate accounting treatment and posting of payment transactions and corporate card expenses in accordance with IFRS and local accounting standards.
• Support continuous improvement of payment processes and internal controls to increase efficiency and reduce operational risks.

C. Tax & Compliance

• Ensure timely and accurate VAT reconciliation, tax reporting, and filing activities in compliance with local tax regulations and Group requirements.
• Coordinate with external tax advisors, auditors, financial institutions, and tax authorities regarding tax-related matters and statutory requirements.
• Manage import and export certificates, corporate digital certificates, and other regulatory documentation required for business operations.
• Ensure compliance with internal control requirements and support periodic reviews, audits, and corporate governance initiatives.
• Monitor regulatory changes and support the implementation of new compliance requirements within the finance function.

D. Closing & Financial Reporting

• Ensure smooth month-end and year-end closing processes in accordance with IFRS and Group reporting requirements, delivering accurate and timely financial information.
• Prepare and review expense accruals, payroll-related accounting entries, account reconciliations, and supporting schedules for closing activities.
• Perform foreign currency valuation and support derivative accounting processes where applicable, ensuring compliance with accounting policies.
• Prepare regular financial reports including AR Aging analysis, cash flow reports, bank balance reporting, and intercompany reconciliations for management and headquarters.
• Prepare and deliver financial reporting packages, management reports, and ad-hoc analyses requested by local management and regional headquarters.
• Collaborate with internal and external stakeholders to ensure financial data integrity and continuous improvement of reporting processes.

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E. Other Responsibilities

• Manage accounting activities related to VWFSK Risk Sharing settlement programs and ensure accurate financial recording and reconciliation.
• Perform inventory accounting and reconciliation for oil coupon programs and other assigned operational accounting areas.
• Maintain and update vehicle-related information in BI (COBRA) systems to ensure reporting accuracy and data integrity.
• Communicate regularly with regional and global headquarters regarding finance, treasury, and reporting matters.
• Support finance-related projects, process improvement initiatives, audits, and ad-hoc assignments as required by management.

✔️Qualifications & Experience

• 4-6 years of relevant experience in Accounting, Finance, Treasury, and Tax functions, preferably within an international business environment.
• Bachelor’s degree or higher in Accounting, Finance, Business Administration, or a related discipline.
• Solid knowledge of IFRS, K-GAAP, Corporate Income Tax, VAT, and local statutory requirements.
• Hands-on experience in treasury operations, cash flow forecasting, bank reconciliations, and working capital management.
• Experience with foreign currency valuation and derivative accounting is preferred.
• Experience in preparing statutory financial statements and supporting external audits.
• Proficiency in ERP systems, preferably SAP, and strong Microsoft Excel skills.
• Strong communication and interpersonal skills with the ability to work effectively across functions and cultures.
• Fluent written and spoken Korean and English.