Finance Officer

[APPLICATION PROCEDURE]If you are interested in this position, please apply through our website by attaching your English CV and cover letter: https: //msf. or. kr/latest-vacancies/finance-officer/We will reach out to the chosen candidate, and the application process will conclude once the final candidate is confirmed. [RESPONSIBILITIES]1. Accounting and FinanceReview expense reports in accordance with organizational policies and procedures and K-GAAP. Execute payment process – journal entry booking, bank and balance sheet account reconciliation. Perform monthly and year-end closing; review donation income and ensure that all numbers are accurately posted in accounting system.

Prepare and consolidate the financial data for MSF Korea’s annual report to present MSF Korea’s financial results and practices in a transparent manner. Ensure appropriate fixed asset management and follow up. Manage residual funds and investment schedule, while coordinating with the treasury for cash balance and payment schedule. 2. Audit and reportingPrepare all the required documents for audit and liaise with external auditors. Ensure financial statements comply with K-GAAP. Prepare VAT filing and assist with year-end corporate tax returns. Prepare and support the Finance Manager to submit statutory reporting and communicate with authorities (e. g.

National Tax Office, Ministry of Health, Ministry of Interior and Safety), including property reports, tax reviews, annual report of corporate assets, etc. Collect and consolidate information from other departments as necessary to prepare and follow up for annual Ministry of Interior and Safety inspections. Under the supervision of the Finance Manager, and in collaboration with Communication and Fundraising departments, update financial information for the MSF Koreawebsite. Prepare filing for fundraising registration, assessing current reporting practices and ensuring it is alignment with the legal requirements, supporting the application for renewal and follow up on application with the relevant authorities.

Update license to issue tax receipts, assessing current practices and ensuring it is alignment with the legal requirements, apply for renewal and follow up on application with the relevant authorities. Prepare reconciliation and re-invoicing with other MSF offices, including Operational Centres. Take an active role in maintaining familiarity and up-to-date knowledge of financial and non-for-profit legislation and industry standards that may impact on MSF Korea policies and procedures. 3. BudgetSupport annual budget preparation and revision. Monitor budget execution and monthly rolling forecast (compile and share budget execution data monthly with the relevant department heads, flagging any discrepancies). 4.

Policies and proceduresResponsible for the implementation, quality and check-up of finance tools and systems, including the introduction of new software when required. Proactively contribute to the drafting and development of MSF Korea’s Finance and Administration policies and procedures, and ensure their effective implementation, including internal control. Ensure that finance processes are in line with the organizational guidelines, and that they are documented, communicated, and updated. Provide information and training to employees to help understanding of MSF policies content and procedural execution. 5.

Financial planningPerforming various tasks which are related to the financial planning area (including reviewing various issues and finding optimal solutions, setting up systems, improving processes, etc. )6. Board meeting, General Assembly, and compliance-related workPerform various support tasks related to board meetings, the annual general assembly, and compliance. 7. Departmental and OtherProvide constructive input to department related activities (e. g. team meetings, strategic planning, cross departmental support activities). Undertake such other activities as may be required and approved by the Head of Finance and Compliance. [QUALIFICATIONS AND REQUIREMENTS]1.

Essential Skills and ExperienceMinimum 5 years of work experience in Finance and AccountingBachelor’s degree in Accounting, Finance, Business Administration, or a related field. Fluent in Korean and average level of English (written and oral)Knowledge of Korean accounting standards and legal compliancesStrong skills in Excel and good skills in Word and PowerPointStrong written and oral communication skillsResult and detail orientedService oriented, with a positive, ‘can do’ AttitudeStrong teamwork and interpersonal skills2. DESIRABLESExperience and knowledge of Duzon systemExperience in a non-profit organization