People, Person, Apparel, Clothing

Finance Accounting Manager

Finance Accounting Manager

Seoul | South Korea

Become a Part of the NIKE, Inc. Team

NIKE, Inc. does more than outfit the world's best athletes. It is a place to explore potential, obliterate boundaries and push out the edges of what can be. The company looks for people who can grow, think, dream and create. Its culture thrives by embracing diversity and rewarding imagination. The brand seeks achievers, leaders and visionaries. At Nike, it's about each person bringing skills and passion to a challenging and constantly evolving game.

Finance

Today, the opportunities for growth across Nike, Inc.'s business portfolio offer more potential than ever. Nike Finance employees play a key role in that progress by identifying and capitalizing on opportunities to drive value for every Nike shareholder. They manage accounting and reporting for Nike's multi-billion-dollar global investment portfolio, debt and equity instruments, and other Treasury activities. They strategize, forecast, audit, analyze, budget, research and lead important decisions. Across Nike's diverse geographies and businesses, Finance employees deliver far more than just the numbers.
Description

-Division: Finance
-Job Title: Finance Accounting Manager

-Report to: Financial Controller

-Work Location: Seoul

As a Finance Accounting Team manager, you will lead finance closing and operation for IS2P (Indirect Source to Pay), LER2R (Legal Entity Record to Reporting) and Treasury business cycles .   You will ensure to perform SOX controls in accordance with Group guidance and comply with statutory requirements, e.g. U-GAAP, K-GAAP, KR tax law, FX regulation, and assess/manage operational and financial risk, leveraging strong internal controls in your roles and responsibility.

In this role, you will lead and coach 3~4 staffs in your team and report to Financial Controller in Korea.  As a key contact for IS2P and LER2R in Korea, you'll also regularly communicate with Regional or Global managers based in the US and Global Treasury team based in Singapore.

Responsibilities



-Lead and review finance accounting and reporting specific for IS2P business process that covers Fixed asset, SG&A spending including payroll, lease, contractual obligations, marketing campaign and reconciliations of related BS accounts, review of accrued liabilities and vendor master maintenance to comply with US-GAAP and Group Accounting Policies. 

-Lead monthly and quarrel legal entity finance closing process and reporting for Korea by tracking the progress of all closing activities and making sure to complete by every WD3.

-Regularly perform SOX control activities for IS2P and LER2R and support SOX audits as a key manager in Finance Controlling. 

-Review all types of intercompany transactions with subsidiaries and ensure the payment to comply with Korea FX regulation and tax requirements in addition to Group policies.

-Lead cash flow forecast for Korea operation with supports from Finance controlling teams and drive forecast accuracy to properly plan treasury actions with Finance management and Global Treasury team in Singapore for any need of investment of cash surplus or additional funding in cash shortage.

-Supervise Treasury operations in bank accounts, insurance, intercompany loan, and corporate credit cards issued for Korea employees.

-Review tax requirements for Withholding tax and VAT tax filings and support financial information as a main contact to external advisors for Corporate Tax return filing.

-Supervise annual finance closing and reporting under Korean-GAAP including review of GAAP adjustments and reconciliation with US-GAAP reporting.

-Lead as a key contact special global projects to implement in Korea for IS2P/LER2R Global and Regional Value stream initiatives.

-Work closely with key managers from cross-functional teams, e.g. Marketing, HR, Supply Chain, Retail, and Sales, etc., and proactively provide policy trainings and clear guidance for IS2P transactions.  Seek for additional value of process improvement and take initiative to make the process efficient and better in internal controls.

Requirements

-Bachelor's (or higher) degree in Finance, Accounting, or related fields

-Over 10 year of Finance work experience

-SAP FI user and people management experience are preferred

-Good communication skill in Korean and English

-Active listener and team player

-Ability to manage time-pressure and solve the issue with agility to make changes

NIKE, Inc. is a growth company that looks for team members to grow with it. Nike offers a generous total rewards package, casual work environment, a diverse and inclusive culture, and an electric atmosphere for professional development. No matter the location, or the role, every Nike employee shares one galvanizing mission: To bring inspiration and innovation to every athlete* in the world.

NIKE, Inc. is committed to employing a diverse workforce. Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, veteran status, or disability.

Job ID 11934

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