Job Description
Summary:
This position is responsible for leading the financial closing and reporting requirements of the company including the external audit process at year-end. The role also entails direct responsibility for the financial reporting, accounting, tax, credit and internal controls of the company. The position will support the CFO and Corporate planning the strategic planning, developing, organizing, implementing the company's initiatives. Reporting directly to the CFO, the position is a crucial business partner, contributing to the guidance and value-building in the business.
Key Responsibility Areas:
• Accounting & Tax
1) Responsible for preparing the financial statements of the company and overseeing the external audit process to ensure the completing the audited financial statements under US GAAP in a timely and efficient manner. Ensure that adequate documentation, accounting positions, and workpapers are prepared timely for the external auditors.
2) Oversee the monthly closing processes (including journal entries, accruals, and adjustments). Prepare the internal monthly, quarterly and annual financial reports with analysis. Coordinate with all business teams (including Sales, Operations etc.) to ensure the accounting systems and process are timely and that the financial statement accurately reflect the business operations.
3) Works closely with the CFO on tax strategies and ensure that all tax compliance matters are adhered to.
4) Works closely with the IT teams in optimizing the accounting systems (ERP) and related subsystems.
5) Oversee and direct the following activities:
• Monthly balance sheet reconciliations and expense allocations
• Reconciliation of bank and credit card statements
• Fixed asset accounting and depreciation schedules
• AP/AR transactions and employee expense reimbursements
• Oversee payroll processes, treasury and cash management
• Oversee the procurement cycle, from purchase orders to payments and foster strong relationships with vendors.
• Review, analyze and manage the company's procurement credit card usage.
• Financial Analysis, Budgeting Forecasting, and strategic planning
6) Support the CFO in leading the budgeting, forecasting, and monthly departmental reporting. Analyze
financial data to identify trends and opportunities.
7) Analyze and review the Cash efficiency of the company and provide recommendations to the CFO
and Executive management.
8) Conduct financial planning and analysis, with a focus on procurement-related areas. Perform cost
analyses to facilitate effective purchasing decisions
• Internal Control
1) Collaborate with the CFO and Executive management in developing an effective internal controls
and governance structure. Direct, and prepare the necessary internal control documents (policies,
narratives and flowcharts) for an effective and efficient system and lead the implementation of the
control system to the company.
2) Oversee and direct the preparation of all corporate policies and manuals under the direction of the
CFO and Executive management. Collaborate with business leader to implement the internal control
systems and processes.
3) Monitor and regularly report to Board of Directors and the Shareholders, the company's progress in
the improvement of their internal control structure and guide the company so that they will be able
to meet ITOCHU Group company standards.
4) Works closely with III, as well as Itochu members that are assigned to the company, to identify and
solve issues that may be considered problematic to the ITOCHU Group (III, ITOCHU Corp, CTC etc.)
Qualifications:
• Bachelor's degree (preferably in Accounting, Finance, or a related field) and a US CPA (or equivalent).
MBA is a plus
• 15+ years of experience in accounting or finance, including at least 5 years in management or
leadership roles.
• Strong strategic thinking skills with the ability to formulate financial strategies at the executive level. Proven leadership and team-development capabilities
• Strong technical knowledge and experience in the areas of US GAAP, Internal Controls and Taxes. Knowledge of IFRS is preferred
• Excellent communication skills to drive cross-functional collaboration
• Entrepreneurial mindset and adaptability to support organizational growth
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