We are seeking a Financial Accountant for a regular position to work within the Accounting & Finance Department at the International Vaccine Institute in Seoul, Korea. (Duty station: Seoul, Korea)
Job Description
This job is responsible for supporting general accounting and finance operations, including revenue and accounts
receivable management, monthly/yearly closing, and donor/project financial reporting. This position also assists with
internal control, audit preparation, and VAT reporting for overseas offices.
Key Roles & Responsibilities
1. General accounting
Support the monthly and annual financial closing process, ensuring timely and accurate completion of journal entries, account analysis, and general ledger maintenance. Prepare regular financial data after closing, monthly closing, and year-end closing. Maintain and update Balance Sheet (B/S) accounts and related schedules. Perform daily Bank reconciliation and ensure alignment between actual cash transaction and system. Maintain general ledger including preparing journal entries, account analysis, and account receivable reconciliation. Assist with recording of the projectโs residual fund on a regular basis, communicating with project with if, any variance occurred.
2. Account Receivables
Responsible for day-to-day Revenue / AR operations, ensuring compliance with internal policies and accounting standards. Reconciliation of AR accounts, monitor AR aging and ensure timely collection with accurate AR clearing and reconciliation. Provide fund-in list, a summary of both a fund from donor and cash basis donation.
3. Prepare project information & provide reporting data
Review project expenses to ensure donor fund usage complies with donor and organizational requirements. Prepare financial reports requested by donors and other stakeholders. Coordinate with project and program teams to ensure accurate and timely financial reporting. Prepare quarterly report on the expense of Director General. Support budgets & forecasts procedure. Support new joiners in project team to ensure smooth finance-project team cooperation.
4. Perform other finance-related affairs
Support VAT tax reporting for overseas offices, ensuring compliance with local tax regulations. Support internal control and internal/external audit-related tasks. Support ad-hoc financial data and analysis as required in a timely and accurate manner. Contribute to improving ERP and necessary finance templates.
Job Requirements and Qualifications
1. Education Requirements
Bachelorโs degree or equivalent (Business, Accounting, or Economics)
2. Related Field Work Experience
Over 3 years
3. Technical and Professional Skills / Knowledge
Knowledge of accounting and ERP
4. Key Competency
Communication & Commitment to Continuous Learning. Detail-minded; multi-tasks; analytical and problem-solving skill. Familiar with MS office applications. Resilience.
5. Language Proficiency
Excellent verbal and written communication skills in Korean and English under complex business circumstances in a clear/concise manner.
[IMPORTANT] Please download and complete this Employment History template before submitting your application.
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