Accounting Manager - Korea

(Job Id W268872)
Posted on 2/10/2010
Location:

Korea (South)


Job Type:

Full Time


Salary: $75000.00 to $120000.00/year
Degree: Bachelor of Science
Job Description
Accounting Manager (US Expat)
Korea (South of Seoul)
To Approximately US$100K-120K Base+ Expat Allowances, Housing, Single or Married Status, Etc.

Our client is a leading American full service engineering, procurement, construction, management and operations firm. They are looking for an experienced American Expat who can move to Korea for at least 2-5 years to manage the Accounting function for a major joint-venture program to help the US and Korean Governments move and consolidate several military bases in to a new base located about one hour South of Seoul. The job is scheduled for completion in 2014.

The company designs, constructs, operates and maintains government and military facilities in almost every category of infrastructure at installations across the U.S. and around the world. The project is a joint-venture with a major Korean firm that could be up to an $11-billion construction effort for infrastructure.

Reporting to the local Project Operations Manager, you will be responsible for overseeing the entire accounting operations for the Consortium and Joint Venture based in Korea. You will be responsible for overseeing the accounting operations, maintaining client relations, reporting appropriate financial statement and project accounting information the management and partners. You should be a self-motivated, organized, team-focused individual; preferably with strategic agility and ability to come up with innovative solutions; experience working in Asia, and preferably in Korea; and have a desire to grow personally as well as professionally within the role.

The Program Controller/Accounting Manager will
Prepare program financial reports.
Complete Consortium and Joint Venture Monthly financial reporting.
Oversee client bill and review recognition and client coordination of billing.
Oversee and participate in preparation of annual financial statements.
Prepare tax returns.
Ensure accounting system and all related modules are compliant with US DCAA, SOX and Republic of Korea (ROK) requirements.
Act as the key contact for financial audits. This includes outside auditors, Ministry of Defense Cost Verification Team and DCAA auditors.
Ensure compliance with U.S. and Korean Generally Accepted Accounting Principles (GAAP).
Maintain responsibility for cash monitoring and forecasting.
Ensure the financial integrity of the project reporting system.
Ensure compliance of the Accounting and Billing Systems with both U.S. Federal and Korea business requirements.

Requirements:
A minimum of 10-15 years experience, with at least 10 of those years in a hand on technical accounting experience and at least 5 of the years in a supervisory capacity. Bachelors Degree in Accounting, Finance or related discipline. Possess a CPA, Masters Degree or similar credential. Ability to demonstrate understanding of the month end close process, as well as reporting requirements for appropriate financial statement and project accounting information; including understanding of proportionate consolidations and foreign currency rules. Ability to demonstrate understanding of integrated financial database systems such as Oracle, SAP or Deltek. Ability to demonstrate experience dealing with a diverse group of clients, partners and staff; as well as experience operating in a multicultural environment. Ability to interpret financial impacts of business decisions. Ability to articulate understanding of percentage of completion accounting. Federal Acquisition Regulations (FAR) knowledge