Assistant/Associate, Accounts Payable
Bain & Company Inc
Description & Requirements
Accounts Payable:Ensure all invoices are being scanned and entered into the Coda system.Prepare and collate EFT payment run for the AP Lead to review.Ensure Bain policy and local regulatory compliance.Accurate and timely processing of invoices (Advances, vendor payments)Scrutinizing the invoice and ensuring that is adheres to all Contracts, internal policies & procedures.Passing monthly accounting entries – Journal Vouchers and meets the deadlines.Checking bill for legitimacy, Tax compliances, PO, SOP compliance etc.Creditors/payables monthly reconciliationSupport in External / Internal AuditsManaging accounting functions including maintenance of general ledger, accounts payables, ensures accuracy and timeliness.Managing month end activities of financial records and posting of month end information; ensures accuracy of financial statements.Support on Tax reconciliation, Bank reconciliation etc.
Other:Assist and provide ad hoc reporting as and when required.Mailbox managementSupport during the internal / external audits
Qualifications and Experience:
The Role
Responsible for supporting the maintenance and processing of Accounts Payable and Expenses for Korea, ensuring compliance with the company's AP/Expenses policies and service level agreements with the business.
Proficiency in Korean language (both written and verbal) is a must for this role.
Key Tasks and Responsibilities
Accounts Payable:Ensure all invoices are being scanned and entered into the Coda system.Prepare and collate EFT payment run for the AP Lead to review.Ensure Bain policy and local regulatory compliance.Accurate and timely processing of invoices (Advances, vendor payments)Scrutinizing the invoice and ensuring that is adheres to all Contracts, internal policies & procedures.Passing monthly accounting entries – Journal Vouchers and meets the deadlines.Checking bill for legitimacy, Tax compliances, PO, SOP compliance etc.Creditors/payables monthly reconciliationSupport in External / Internal AuditsManaging accounting functions including maintenance of general ledger, accounts payables, ensures accuracy and timeliness.Managing month end activities of financial records and posting of month end information; ensures accuracy of financial statements.Support on Tax reconciliation, Bank reconciliation etc.
Other:Assist and provide ad hoc reporting as and when required.Mailbox managementSupport during the internal / external audits
Career Growth
Bain & Company has a well-laid career framework for this position. At Bain & Company, no two-career paths are the same. We provide the structure to ensure success and the flexibility to accommodate your needs. We offer formal training to support you and informal challenges to stretch you. No matter what path you choose to follow, Bain & Company will offer you unrivalled career-development opportunities.
Qualifications and Experience:
Essential
Candidate should be proficient in Korean language (Both written and verbal) along with English.Korean language diploma or a degreeProficiency in excel.Preferably 2-3 years previous Accounts Payable and Expenses reimbursement experienceDesired but not essential
Finance related qualification (MBA or MCOM) and experienceExperience with SAPProcess transition experienceExperience in a Business consulting firm or a Captive Unit
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