What are the responsibilities and job description for the FP&A Director, bilingual Korean position at cesna?
[Position]
FP&A Director, bilingual Korean
[About Our Client]
This client is a medical appliances manufacturer, that exports medical appliances to more than 70 countries, and is actively growing in the U.S. along with its headquarters in Korea, which leads the medical appliances market.
[Job Summary]
The FP&A Director will oversee the financial operations and planning of the organization. This includes
managing budgets, costs, forecasting financial performance, ensuring compliance with financial regulations, analyzing financial activities, investments, and advising on financial strategy and risk management to support the company’s growth and stability.
[Job Description]
[Performance Expectations]
[Qualifications]
FP&A Director, bilingual Korean
[About Our Client]
This client is a medical appliances manufacturer, that exports medical appliances to more than 70 countries, and is actively growing in the U.S. along with its headquarters in Korea, which leads the medical appliances market.
[Job Summary]
The FP&A Director will oversee the financial operations and planning of the organization. This includes
managing budgets, costs, forecasting financial performance, ensuring compliance with financial regulations, analyzing financial activities, investments, and advising on financial strategy and risk management to support the company’s growth and stability.
[Job Description]
- Responsible for the overall accounting, budgeting, cost/financial analysis and financial operations of the company
- Supervises and support FP&A staff including: prioritizing and assigning work; conducting performance evaluations; ensuring staff are trained; and, making hiring, termination, and disciplinary recommendations.
- Maintains the financial and budget records and accounts for weekly, monthly and annual reporting of the company
- Performs financial, budget and cost analysis of operations and revenues; makes recommendations for future financial activities
- Develops, implements and enforces financial and budget policies and procedures
- Directing preparation, analysis, implementation, and monitoring of the company’s financial reporting and budget process.
- Prepares complex financial and budget reports and special reports as requested by the CEO & Seoul HQ supervising and interpreting study results, including cost of service studies.
- Schedules and coordinates annual audits with independent contractors
- Responsible to ensure the preparation of daily, weekly, monthly, annual, and other periodic external and internal financial statements and reports.
- Prepares monthly and an annual financial report of the financial condition of the company
- Plans, implements and monitors short and long-term goals for the department and the company
- Payment management, issuance of official documents and administration
- Prepares audit responses and ensures that appropriate corrective actions are executed;
- Reviews accuracy of billing adjustments to individual and all accounts from A/P staff and receivable accounts.
- Conducts annual performance evaluation of FP&A staff.
- Proactively advises and educates the management on all aspects which financially impact International’s operations.
- Develops and prepares financial analysis of new programs and business development; revenue management; preparation of financial statements in accordance with financial management and techniques appropriate to our industry; decision support and cost accounting; oversight of disbursements and receivables processes; oversight of financial processes.
- Maintains contacts with Seoul HQ accounting, outside consultants, auditors, associations, and governmental agencies.
- Collaborates with CEO and management to prepare and update long range forecasting and strategic goals and initiatives of the company.
- Ensures financial and accounting policies, procedures, and control systems are current and in compliance.
- Responsible for overseeing and managing company’s investment portfolio.
- Oversees and manages the development and implementation of financial information and control systems, including general ledger, budgeting, cost allocation, and other regulatory systems.
- Ensures business and financial performance metrics and key performance indicators (KPIs) are maintained.
- Ensures all company’s financial reports are accurate and in compliance with current GAAP.
- Finalizes the annual financial budgets and business plans of company
- Ensures timely completion of the annual financial/single audit and present the result to the CEO and HQ
- Conducts financial analysis of new programs, acquisitions, and business development.
- Interprets current financial trends and responds with appropriate action.
- Develops strategies to increase cash flow including improvements with a target of increasing days cash-on-hand
- Ensures compliance with covenants incorporated in financing documents as needed
- Conducts meetings with director/manager. Provides the guidance / directive as necessary.
- Collaborates with teams to ensure accurate and timely revenue collection while maintaining a strong focus on customer service and enhancing overall financial performance.
- Maintains effective financial internal controls for the company, including ensuring information and control systems accurately track specific operational and financial data.
- Responsible for ensuring all required tax returns and tax planning are accurately completed and timely filed.
- Advises CEO and/or all directors for all critical financial/accounting matters and issues. Provides periodic updates on financials.
- Participates in meetings and committees as appropriate.
- Serves as primary financial representative between US and external auditors and regulatory authorities.
- Negotiates contracts and agreements with third parties
- Participates in professional associations and community service activities as necessary or by request of the CEO
- Ensures that US’s professional reputation is maintained. Ensures appropriate levels of confidentiality
- Ensures that work areas are secure and in compliance with privacy policies and regulations.
- Completes special projects as assigned.
[Performance Expectations]
- Upholds all principles of confidentiality fully
- Adheres to all professional and ethical behavior standards of the company
- Interacts in an honest, trustworthy and dependable manner with employees, vendors and related parties
- Possesses and maintain an environment of cultural awareness and sensitivity enabling the company to fulfill its mission by meeting or exceeding its goals
- Takes responsibility for all day-to-day operations of the company and its operations & services
- Maintains a current insurable driver’s license
- Complies with all International’s policies and procedures.
- Consistently maintain professional and ethical standards adhering to all company’s Policies, Compliance
- Standards and State/Federal laws & regulations
[Qualifications]
- Hold AICPA highly preferred
- 10 years of related experience in Finance field
- Bilingual Korean is highly preferred
- Related bachelor degree (Master degree, or MBA plus)
- Manufacturing industry experience is plus
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