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Junior Finance Controller

Application Deadline: 
Location: 

Seoul, Seocho-gu, KR, 6626

Contract Type:  Full-Time
Working Hours:  40
Employment Type:  Regular

About our Company

With over 17 million pumps produced annually and over 19,000 employees in more than 56 countries, Grundfos is today one of the world’s leading manufacturer of pumps and pumping systems. Our products satisfy the markets’ needs for effective, reliable, and highly efficient solutions. We contribute to global sustainability by pioneering water technologies that improve the quality of life for people and care for the planet.

 

Why Grundfos?

  • Global values-driven organization
  • Great team culture and positive work environment
  • Wide range of employee benefits
  • Access to extensive internal training with global career development opportunities

 

Purpose of the Job

The overall purpose of the Financial Controller job is to secure compliant and optimized: Performance reporting for Performance Units (based on Grundfos GAAP) and statutory / tax statements for Grundfos Entities (based on local GAAP).

Driving optimization and cost effectiveness related to standardized, automated and simplified global finance processes (to make it easier to work for Grundfos).

Driving compliance excellence within Finance Controlling and operational excellence for non-streamline companies

Ensuring accurate and timely reporting processes based on the above accounting principles across performance units and legal entities

One point of contact for Finance Business Partner organization related to all finance controlling and accounting matters.

 

Key Accountabilities

 

  • Lead accurate monthly/year-end reporting according to Grundfos GAAP as well as statutory financial statements for legal entities
  • Deliver accurate and timely monthly/year-end reporting on Performance Unit and Profit Center level (as it is defined in the relevant RASCI) with adherence to all Finance and Performance Management (PMA - Performance Management Account, Cognos, Conversion Cost) guidelines and procedures.
  • Lead efficient and value adding external audit process with auditors.
  • Challenge and support harmonization, efficiency and effectiveness of global finance controlling/accounting processes, statutory compliance processes and internal control processes
  • Owner of balance sheets including split between Segments, balance sheet reviews for all legal entities
  • Owner of cost allocations between performance units including e.g., accruals, wages, pension schemes
  • Ensure optimal control environment at legal entity level including follow-up on internal control observations from internal auditors.
  • Drive efficient company structure and capital structure with Tax and Treasury

 

Key Success Factors

 

  • On time reporting
  • Accuracy of filing reporting.
  • Supporting to Finance function

 

Posting, Reporting, and Work Relations

  • Finance business Partner
  • Finance Controller / Group Finance – other functions
  • Other Departments in the organization

 

Required Minimum Qualifications

 

  • Most likely to have 5 - 7 years of relevant work experience before entering level
  • Work relevant experience includes audit/accounting/taxation and have knowledge of international and/or local accounting and taxation legislation.
  • Experience in handling tax return.
  • Senior Accountant experience include VAT and CIT.
  • Good in English communication.

 

Competencies

 

  • Accounting Knowledge – Understand local/international accounting standards and integrate it in the internal controls and compliance processes
  • Corporate legal requirements – Ability to understand local/international corporate legal requirements and integrate it in the financial reporting where relevant
  • Audit process and principles – Ability to organize, coordinate and facilitate external audits.
  • Financial reporting (monthly) – Ability to organize, coordinate and facilitate monthly reporting in close collaboration with other Finance functions.
  • Financial reporting (statutory) - Ability to organize, coordinate and facilitate the statutory reporting in close collaboration the compliance controller and/or third-party service provider.
  • Analysis – Ability to analyze financial information to understand trends, compliance issues and identify possible errors. Ability to create easy understandable conclusions/recommendation
  • Process Development - Ability to manage process development. Identify, develop, and deploy process improvement within own area of responsibility.
  • Compliance consultancy – Ability to provide consultancy and guidance in compliance matters in an easy understandable way.
  • IT Systems – Ability to use the following systems und understand the underlying data structures and flows at a sufficient level to fulfill the Job Role.
  • Systems and applications such as: SAP, BW/Analytic, TM1/Cognos, IBP, IPMA/PMA, and MS Excel.
  • English - Ability to communicate in English (speaking, reading, and writing)

 

 

 

About Grundfos 
Grundfos is one of the world’s leading water technology companies with more than 19.000 employees in 60+ countries all over the world. Our skills commit us to pioneering solutions to the world’s water and climate challenges and improve the quality of life for people. We dare to do things that others cannot or dare not do, as we believe innovation is not only a business opportunity, but an obligation. And what really matters to us is not short term profit, but the impact we make. By becoming part of our united powerful team, you too can drive this change no matter your role.

An inclusive team
If you like the look of this job and know you can bring your skills to contribute to our purpose, please apply. We need and welcome professional people from all corners – however you identify and whatever your background is.

Apply now »