Accountant (GL) (Direct contract)

Who We Are:

Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today.

POSITION SUMMARY

As an Accountant (GL)at New Balance Korea, you will ensure the accuracy and integrity of financial records, support compliance with global and local standards, and contribute to process improvements. This role requires strong technical accounting skills, attention to detail, and collaboration across teams.

KEY RESPONSIBILITIES

General Ledger Management

• Assist in maintaining and reconciling General Ledger accounts to ensure accurate financial records.
• Review and post journal entries, including accruals, prepayments, and adjustments.
• Monitor account balances and resolve discrepancies promptly.
• Ensure compliance with USA and Korean GAAP in all GL activities.

Month-End & Year-End Closing

• Support month-end and year-end closing activities to ensure timely and accurate financial reporting.
• Prepare financial statements, supporting schedules, and variance analyses.
• Assist in coordinating with internal teams to ensure transactions are recorded before closing deadlines.

Treasury Management

• Support daily cash management and cash flow activities.
• Assist in preparing short- and medium-term cash flow forecasts.
• Prepare treasury transactions, including bank transfers, FX settlements, and intercompany payments.
• Support bank account administration and treasury documentation.
• Ensure compliance with internal treasury policies and procedures.
• Assist in monitoring cash balances and Fx exposure.

Audit & Compliance

• Support internal and external audits by preparing documentation and responding to inquiries.
• Follow internal control policies and compliance requirements in daily accounting activities.
• Assist in monitoring and applying changes in accounting standards and regulatory requirements.

Reporting & Analysis

• Prepare financial reports and supporting schedules, including P&L and balance sheet information.
• Assist with variance analysis and account reviews.
• Support FP&A and other teams by providing accurate financial data for planning and forecasting activities.

Process Improvement & ERP Management

• Support ERP system maintenance, testing, and data accuracy.
• Assist in process improvement and automation initiatives within the finance function.

REQUIREMENTS FOR SUCCESS

• Degree in Accounting, Finance, or a related field.
• 5–7 years of relevant experience in GL or corporate accounting, preferably in a global company.
• Proficiency in ERP systems (D365 or SAP preferred) and advanced Excel skills.
• Excellent analytical and problem-solving abilities.
• Good communication skills in Korean and English.

ADDITIONAL INFORMATION

Location: Seoul Anguk, Korea / Department: Finance / Reports to: Accounting Manager / Contract: 12 months direct contract (+3 months extension possible)

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Equal Opportunity Employer:

New Balance is committed to equality of opportunity for all current and prospective associates regardless of age, disability, race, religion or belief, gender, sexual orientation, pregnancy and maternity, marriage and civil partnership and gender reassignment.  We are an equal opportunity employer and support a culture of diversity and inclusion.

If you have not already done so, please let us know if you require any support so we can make the right adjustments and considerations should they be required.