Job Description

Contract type: CONTRACTOR

Salary: SGD5000 - SGD8000 per month + Market Aligned

Location: Singapore CONTRACTOR

Consultant: Eileen Tham (R22107048)

Job reference: N135E4-D07B2006

Date posted: 20 December 2023 singapore accountancy-finance/accounts-payable-receivable 2023-12-20 2024-01-19 banking Singapore SG SGD 5000 8000 8000 MONTH Robert Walters https://www.robertwalters.com.sg https://www.robertwalters.com.sg/content/dam/robert-walters/global/images/logos/web-logos/square-logo.png true

An exciting Corporate Account Payable (12 months contract) has just become available at one of the most respected banks based in Singapore. This is a role for a Korean-speaking Corporate Account Payable who is fluent in this field.

About the Corporate Account Payable (12 months contract) Role:
In this business critical role, you will provide support to the Asia Pacific (APAC) entities. The Corporate Account Payable (CAP) team consists of subject-matter experts from various APAC countries who handle the daily client queries, daily operations and corporate card related matters. You must have accounts payable experience handling Korea VAT, Proxy Tax and WHT filing, invoice and employee reimbursement processing, and other daily and ad hoc tasks.

Key Responsibilities:

Korea Client Services:

• Handle client (both internal and external) inquiries like system navigation and general inquiries through group mailbox and helpdesk hotline
• Handle corporate card administration (card applications, increase of credit limit) and cancellation for the Korea corporate card programme

Korea Operational tasks:

Vendor and third-party invoices:

• Handle research and call back queue for invoices in respective Appian queues
• Coordinate with the support teams in US/India to check and investigate and liaise with Line of Business (LOB) or vendors for further details if required
• Follow up with weekly unapproved invoices/aging items with LOBs for settlement
• Follow up with weekly exposure report (related to bank reconciliation items)
• Download proper tax invoices from National Tax Bureau System (NTS) and upload to Appian
• Perform invoice indexing in Appian
• Perform AP reviewer/compliance task to ensure correct tax rate is applied to vendor invoices

Employee Expense Reimbursement:

• Process employee expense reimbursement claims in Concur ensuring that they comply with the Employee Expense Reimbursement Standard

Monthly Tax filing:

• File monthly withholding tax for individuals (non-corporate) who provided professional services

Quarterly Tax filing:

• File quarterly VAT and proxy tax filing for the Korea office

Quarterly financial adjustment/reconciliation:

• Manage quarterly reconciliation and reclassification of cost centres after tax payment
• Manage corporate card administration
• Process refunds on corporate card and to necessary reclassification and/or adjustment
• Follow up weekly unapproved/unassigned charges with cardholders to submit the reports in a timely manner

Other ad hoc tasks:

• Manage ad hoc training for employees
• Provide coverage to Australia client services and operations tasks
• Provide coverage to other countries supported in the Singapore hub

To succeed in this Corporate Account Payable (12 months contract) role, you must be able to speak and write fluent Korean.

Key Requirements:

• Spoken and written English and Korean languages for daily support and process invoices in both English and Korean language
• At least three years of AP experience, preferably in shared service modules
• Good knowledge of Appian (for handling vendor/third party invoices)
• Good knowledge of Concur (employee reimbursement)
• Familiar with Oracle Cloud (for financial adjustment/reconciliation)
• Good knowledge of Korea tax system is preferred
• Knowledge of Microsoft products, such as Excel, Word, Access, PowerPoint
• Good team player

This is a leading bank and is progressively expanding and growing its business on a global scale. This organisation offers employees the opportunity to enhance their experience across the business function and across multiple business lines. They offer exceptional job opportunities for growth and career development with the right ethos and practices which makes it a great place to work.

If you are driven, determined and want to take the next step in your career, this is the role for you. Great career progression opportunities await the right person in this exciting Korean speaking Corporate Account Payable (12 months contract) job.

Robert Walters