Assistant/Associate, Accounts Payable

The Role

Responsible for supporting the maintenance and processing of Accounts Payable and Expenses for Korea, ensuring compliance with the company's AP/Expenses policies and service level agreements with the business.

Key Tasks and Responsibilities

• Expenses:
  1. Ensure all receipts are being scanned into the Expenses admin system.
  2. Ensure that receipt amounts tie in with the submission and highlight any discrepancies.
  3. 1st level audit of expense forms and ensure compliance with Bain office’s Expense policies and guidelines.
  4. Processing of claims
  5. Execution of weekly or ad-hoc pay-runs
  6. Conducting new employee inductions as and when required
     
     
• Accounts Payable:
  1. Ensure all invoices are being scanned and entered into the Coda system.
  2. Prepare and collate EFT payment run for the AP Lead to review.
  3. Ensure Bain policy and local regulatory compliance.
  4. Accurate and timely processing of invoices (Advances, vendor payments)
  5. Scrutinizing the invoice and ensuring that is adheres to all Contracts, internal policies & procedures.
  6. Passing monthly accounting entries – Journal Vouchers and meets the deadlines.
  7. Checking bill for legitimacy, Tax compliances, PO, SOP compliance etc.
  8. Creditors/payables monthly reconciliation
  9. Support in External / Internal Audits
  10. Managing accounting functions including maintenance of general ledger, accounts payables, ensures accuracy and timeliness.
  11. Managing month end activities of financial records and posting of month end information; ensures accuracy of financial statements.
  12. Support on Tax reconciliation, Bank reconciliation etc.
      
      
• Other:
  1. Assist and provide ad hoc reporting as and when required.
  2. Mailbox management
  3. Support during the internal / external audits
     
     

Career Growth 
Bain & Company has a well-laid career framework for this position. At Bain & Company, no two-career paths are the same. We provide the structure to ensure success and the flexibility to accommodate your needs. We offer formal training to support you and informal challenges to stretch you. No matter what path you choose to follow, Bain & Company will offer you unrivalled career-development opportunities.

• Personal Specification:
  • Excellent Communication skills (Both Korean and English)
  • Customer service mentality
  • Flexible attitude and team approach “Can do!” mentality.
  • Proficient organisation, prioritisation, and time management skills
  • Able to work on own initiative remotely– and be proactive and also work as part of a team.
  • Ability to think analytically and “outside the square”.
  • Enthusiastic, dedicated, hardworking and committed to meeting deadlines.
  • Pleasant and calm even when under pressure.
  • Thorough approach to completing tasks.
     
• Qualifications and Experience:

 Essential

• Candidate should be proficient in Korean language (Both written and verbal) along with English.
• Korean language diploma or a degree
• Proficiency in excel.
• Preferably 2-3 years previous Accounts Payable and Expenses reimbursement experience
  
  

Desired but not essential

• Finance related qualification (MBA or MCOM) and experience
• Experience with SAP
• Process transition experience
• Experience in a Business consulting firm or a Captive Unit