Posted:Sep 30
By:Hiring Kenya
Company Details
Industry:
Telecommunications
Description:
Samsung Electronics Co., Ltd. is a South Korean multinational electronics company headquartered in Suwon, South Korea. Due to some circular ownership, it is the flagship company of the Samsung chaebol, accounting for 70% of the group's revenue in 2012.
Job Description
The ideal candidate should have a solid background in finance and accounting preparation, planning, financial reporting, and excellent analytical skills.
Key duties & Responsibilities;
Finance & Accounting Management
- G/L Management – PL & BS management (open items, overdue items, timely and accurate posting, possibility of duplicate payments
- A/R Management – AR aging, information management, bad debt AR management, top 10% management, AR reconciliations, inter-subsidiary AR/AP reconciliation
- Credit Management – Credit rating, LC management, Customer hedging, credit determination.
- A/P Management – Vendor registration, AP terms and payment, approvals
- F/A Management – Cost centre allocation, transfers, scrap, class change, impairment and depreciation management, tax WTD calculation
- Closing – Periodic cost posting Depreciation, accruals, AR/AP netting), PL verification and BS balance validations
Service Support
- Service administration - Claim and compensation support, service performance management, warranty claim and cost management
- Parts operation - parts AR and credit management, parts logistics and cost performance and management
Tax Management
- Designing and implementing a suitable tax management process for the organization, which includes an analysis of the financial impact on the company on all tax issues.
- Manage tax provision and tax compliance process
- Follow industry trends and track changes related to taxes.
- Conducting policy and compliance audits, which will include liaising with internal and external auditors.
- Tax audit processes and procedures and develop risk management controls and systems
- Prepare reports and present recommendations
- Develop and implement best practice standards and secure sustainable effectiveness of operational controls on tax issues
- Establishing and maintaining the tax risk framework and operating procedure
- Monitor and report on the implementation of tax recommendations and compliance with statutory and contractual obligations.
Knowledge; Skills and Experience required for this Role
- BSc in Business, Finance or a related field
- Proven experience in Finance & Accounting Management
- Tax Experience working for the Big 4 Audit Firms will be an added advantage
- Knowledge of overseeing tax and compliance issues
- Creative / analytical thinking, problem solving
- Ability to understand broader business issues
- Planning and organizational skills
- Communication and presentation skills
- Proven experience in developing structured plans and processes
- In-depth knowledge of ERP such as SAP HANA 4
- Knowledge of Data Protection Laws
Education: Degree, Diploma
Employment Type: Full Time