Financial Accountant (Accounting & Finance Department) [based in Seoul]

Job Description

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.

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 project’s 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

• Bachelor’s 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.
• 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.