Job Summary
(The main objective/purpose of the role is to be summarized in one to three short paragraphs)
Finance Assistant Manager is responsible for maintaining a good record of aging by communicating with clients and relevant teams in a timely manner to resolve any outstanding issues, collect overdue invoices, process and record payments accurately, and have great attention to detail. The Finance Assistant Manager is expected to understand assigned accounts in depth and effectively relay information to relevant teams and management.
Principal Accountabilities
(List accountabilities of the role)
- Optimize financial transactions and systems by thoroughly reviewing customer accounts and perform account reconciliations.
- Verify and gather remittance details and deductions for appropriate documentation.
- Ensure aging is up to date by maintaining a clean record of accounts receivable, credits and collections are applied properly, unapplied amounts are accounted for, deposits are processed in a timely manner, and investigate discrepancies.
- Monitor and collect past dues by actively engaging with clients.
- Understand customer payment behaviors and devise a seamless plan to approach issues.
- Analyze deductions and contractual obligations, effectively manage returns, maintain and organize records with utmost accuracy, and create deduction reports for other teams.
- Review and clear e-commerce settlements and identify discrepancies.
- Stay on top of ongoing issues, accrued deductions, co-op reimbursements, and provide audit evidence as needed.
- Guide relevant teams to comply with company regulations, rules, and procedures to promote accuracy of documentation.
- Prepare month-end reports for management for better understanding of how collection efforts are progressing.
Key Experience and Skills
(Qualification level, experience, skill sets and personal attributes required for the job)
- Accounting or similar experience (5~7 years)
- Korean Bilingual Required
- Experience with ERP system. SAP is a plus
- Proficient in MS Office (especially Excel)
- Detail Oriented
- Exceptional Organizational Skills
- Ability to prioritize and perform multiple tasks in a fast-paced environment.
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