ar Accountant, bilingual koreanGrundfos

Accounts Receivable Accountant, Bilingual Korean
About our Company
With over 17 million pumps produced annually and over 19,000 employees in more than 56 countries, Grundfos is today one of the world's leading manufacturers of pumps and pumping systems. Our products satisfy the markets' needs for effective, reliable, and highly efficient solutions. We contribute to global sustainability by pioneering water technologies that improve the quality of life for people and care for the planet.
Why Grundfos?
Global values-driven organization
Great team culture and positive work environment
Wide range of employee benefits
Access to extensive internal training with global career development opportunities
Role purpose:
The AR Accountant, Bilingual Korean executes all activities as defined in the SLAs/OLAs for selected local companies reporting to the Finance Supervisor.
Responsibilities:
Review and evaluate credit limit of customers using internal and external sources
Conduct thorough analysis of financial statements and assessment of credit requests, including new requests, changed requests, refinancing, and annual due diligence
Provide recommendations tied to analysis and assessment of credit risk
Present analysis, findings, and recommendations to managers, especially findings that involve a borrower's ability to repay
Reconcile credit files and identify discrepancies and variances
Develop and prepare spreadsheets and models to support analysis of new and existing credit applications
Propose new credit limits to Credit Manager
Maintain credit limit related master data
Propose initial credit limit for new customers
Strong cooperation with OTC cash application team and Credit Manager
Perform credit management related reporting activities
Establish and maintain effective and cooperative working relationships with internal partners and external agencies
Following standard credit processes and procedures, assess the risk of offering credit to new and existing customers
Manage credit risk within a determined threshold, approve credit limits
Perform internal control activities and ad hoc administrative tasks
Contribute to projects to stabilize and improve process performance
To execute all bank clearing functions and perform daily and monthly reconciliations
To manage all outgoing payments automatic and manual both
To prepare Cash and Banking-related reports (e.g. age structure of accounts receivables, etc.)
To execute closing activities (monthly, quarterly, year-end)
Execute reconciliation of account balances; add and release provisions
Requirements:
Bachelor's degree in finance, accounting, or other business-related fields
At least 2 to 4 years' experience in the field of Cash and Banking, Credit analysis and Credit management at a Shared Service Center
Advanced level of English
High Korean language proficiency required, both in reading and speaking
Understand and good overview of the end to end OTC processes
Experience working with Credit Managers and external agencies
Strong accounting and excel knowledge
Experience in process improvement and in coordination of small Projects
SAP advanced knowledge
Communicative, people-oriented personality
Strong proficiency in Ms Office and general computer use
Ability to effectively manage competing deadlines for projects in a high-pressure work environment, with varying degrees of supervision
Strong attention to detail and ability to notice discrepancies in data
Impeccable understanding of financial statements, ratios, and concepts
Additional information:
Development opportunities in an international environment
People- and value-focused organization culture
Social-, team and sport events
Training opportunities
We are looking for talented people with a 'can-do' attitude and strong collaboration skills to join our family in Ortigas Center, Pasig City.
More Information
If this sounds like you, please click the 'Apply' button to progress with your application.
We look forward to hearing from you.
If you want to dig deeper into the Grundfos universe, please visit our Grundfos YouTube Channel here: or on Facebook:
Grundfos is an Equal Opportunity Employer
Water is our business. With our pumps and pump solutions, we set the standard and keep raising the bar when it comes to water and energy efficiency and protecting the environment. We are passionate about what we do and want to make a difference everyday.
Grundfos

Manila City, Metro Manila Ortigas Center, Pasig City
Permanent
Full-time