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Finance Director

Somerset, NJ, USA

Job ID

7582

Job Type

Full Time

Workspace

On-Site

Industry

Life Sciences

Date Posted

November 27, 2024

Date of Expiry

December 19, 2024

About the Role

The Finance Director is responsible for managing and overseeing financial reporting, auditing, budgeting, accounting operations, and tax functions within the organization.

Key Activities

  • Prepare and review separate and consolidated quarterly and annual reports for filing on the DART system (Korean public reporting).

  • Oversee the preparation of the quarterly earnings release for the Korean stock market.

  • Ensure compliance with Korean GAAP and prepare technical memorandums to document accounting issues and resolutions.

  • Communicate Korean GAAP-related issues and guidance to senior management, offering clear explanations on technical matters.

  • Work with external auditors to ensure that DART filing financial statements align with auditing standards and resolve accounting discrepancies.

  • Set up cost accounting procedures in the ERP system based on Korean GAAP.

  • Safeguard organizational assets by ensuring robust financial auditing and compliance procedures are followed.

  • Investigate and report potential fraud, management overrides, and financial errors.

  • Conduct financial risk assessments within the organization to ensure the safety and compliance of all financial operations.

  • Perform analytical review procedures to ensure financial statements comply with IFRS standards.

  • Ensure that all financial budgets align with the company's long-term goals and objectives.

  • Prepare cost estimates, assess financial plans, and analyze variances between budgeted and actual financial data.

  • Document and report financial discrepancies to leadership to improve budgeting and financial forecasting accuracy.

  • Supervise the activities of the Treasury and Accounting/Tax teams, ensuring effective collaboration across departments.

  • Assign tasks and responsibilities to accounting and tax team members.

  • Review and evaluate the performance of subordinate employees, ensuring timely feedback and continuous improvement.

  • Recommend hiring, firing, and promotion decisions for accounting staff to executives based on performance and operational needs.

  • Oversee asset and grant management activities, ensuring proper accounting procedures are followed.

  • Conducted internal inventory audits, monitored budget compliance, and ensured accurate monthly financial closing processes.

Preferred Skills

  • AICPA or KICPA preferred

Education and Experience

  • Bachelor’s degree in Accounting, Finance, or related field (AICPA or KICPA preferred)

  • Proven experience in public financial reporting, financial auditing, budgeting, and cost accounting.

  • Strong knowledge of Korean GAAP, IFRS, and Accounting (consolidation & financial instrument), treasury market, and financial regulations

  • English & Korean bilingual required (fluent in reading, writing, speaking)

About Us

Finding a great opportunity that fosters growth, a great culture, and leadership opportunities can be difficult. Top Quality Recruitment (TQR) connects professionals with leadership opportunities across the Packaging, Food and Beverage, Medical Devices, and Biotechnology industries. With 50+ years of experience, we believe in one-to-one communication and finding the best candidate/employer match possible.    


TQR is an equal-opportunity employer that encourages diversity. We will consider all applications.    
   
Accommodation for applicants with disabilities is available upon request.    

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