Finance Manager
West Pharmaceutical Services
Finance Manager
Requisition ID:
69244
Date:
Apr 30, 2025
Location:
Seoul, Seoul, KR
Department:
Finance
Description:
**Job Summary**
The Finance Manager is directly responsible for the financial health of West Korea organization. This position is accountable in producing all financial reports and developing strategies based on finance research, guiding Korea leadership team in making business decisions in the long and short term.
**Essential Duties and Responsibilities**
Providing leadership,direction,and management of the finance team
+ Lead the finance members in Korea
+ Mentor and develop the team,performance evaluations and building an effective and efficient team
Financial Analysis,Budgeting and Forecasting
+ Review and analyze monthly financial results and provide recommendations for continuous improvements
+ Review of Trial balance and Finalization of monthly/quarterly/yearly financials in line with US GAAP,Korean GAAP and other requirements as needed
+ Lead the annual budgeting and strategic planning process and ensure that is aligned with regional directions
+ Ensure credibility of Finance group by providing timely and accurate analysis of budgets, financial trends, and Forecasts
+ Analyze costs,pricing,variable contributions, sales results and company's actual performance compared to the business plans
Insurance,Tax and Audit
+ Responsible for insurance matters of the legal entity.Ensure that appropriate policies and coverage are in place
+ Oversee the preparation and timely filing of any local,state,and corporate tax returns
+ Review and monitor internal controls to ensure compliance with Sarbanes Oxley Act
+ Management representation for internal and external audits(Statutory and Tax)
+ Provide management response to audit findings and put in systems to implement the audit findings as applicable
+ Manage tax controls areas and provide tax consulting to the business in an accurate and timely manner based on information of other functions and departments
+ Manage quarterly VAT reporting&yearly local Taxation reporting
Cash Managment
+ Monitoring and management of cashflow to meeting organization need and invest the surplus if considered appropriate
+ Ensure timely Expense Payments,including Expenses,Vendor payments or other business transactions
+ Undertake credit checks for new customers and ensure that overdue are kept at minimum
Statutory Compliance
+ Monitor and ensure that financial practices are in line with all local statutory legislation and regulations
+ Ensure statutory required number of board meetings are conducted and all the secretarial filings relating to the lcoal legislations is done on time
+ Work with all the functions to ensure appropriate legal compliance
PER System(Purchasing) Management:
Managing Fixed assets including acquisition, depreciation, ARO and retirements.
**Education**
+ Bachelor’s degree in Accountancy, Chartered Accountant (CA, CPA preferred)
**Work Experience**
+ Minimum 8 years of experience in Accounting/ Finance function.
+ Deep knowledge of and understanding of financial process and shred services and related subject matter
+ Solid understanding of internal controls, risk management, financial systems, development and/or production support
+ Strong knowledge of financial process and system controls required for compliance.
+ Fluent in English and Korean language
**Preferred Knowledge, Skills and Abilities**
+ Analytical and strategic thinking with business acumen foreign multi-national company experience required.
+ Good English communication skills – Team player/ capacity to coordinate with other departments.
+ Strong interpersonal and communication skill
+ Ability to prioritize and multi-task in a dynamic environment.
+ Able to be aware of all relevant SOPs as per Company policy as they are related to the position covered by this Job Description
+ Able to comply with the company’s safety policy at all times.
+ Able to comply with the company’s quality policy at all times.
**Travel Requirements**
10%: Up to 26 business days per year
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