Executive, Accounting

Key points and objectives of the position

•          Compliance of Taiwan Law

•          Vendor satisfaction including quality of information, and timeliness of accounting service

•          Compliance of reporting standard & of company procedure and policy

•          Delivery reports timely and accurately

•          Assist in Withholding Tax (WHT) preparation and filing on schedule

•          Response time of request & cycle time of issue resolved

•          Improvement of accounting process and digitalization

•          Awareness of the company operation strategy

AR Workflow and Processes

•          Ensuring the compliance of local law (statutory & tax) requirement

•          Review, approve & monitor daily operation including timely invoice and credit notes processing & payment

•     Ensure the processing of incoming payment documents (both local & foreign) with accuracy, timely and compliance with statutory requirements & company policies

•     Communicate with business units and/or IPS to resolve issues encountered

•     Ensure all payment documents are recorded as accounts payable in an accurate and timely manner.

•          Delivery monthly and annual reports including Year-End accrual on schedule

•          Timely response to enquiries & requests

•          Compliance of company procedure and policy including Procurement Policies

•     Monitor SSC team’s AP activities and aging reports to ensure timely identification of missing invoices, credit notes & clearing of payment.

•     Ensuring SSC prepare record invoices for payment by scheduling disbursements according to payment due dates. Settle payments against bank accounts in a timely manner after the payment has been executed.

•          Target: Ensures effective payment and vendor aging management.

•     Measurable: Zero delay of invoice recognition & zero penalty imposed due to late payment (unless technically or legally or due to unforeseeable situation)

Performance of WHT related Tasks

•          Prepare, consolidate and maintain WHT Tax Computation Report accurately and timely

•          Review and verify the accuracy of the WHT tax rate (including the gross-up & net computation)

•          Review and verify all WHT related postings done by SSC

•     All payment subject to WHT are properly recorded and payout is reflected accordingly

•     Ensuring timely WHT payment & follow up on the WHT Tax Certificate/Receipt and deliver to foreign vendor timely.

•     Act as the primary contact window with and independently handle inquiries from the Tax Bureau

•     Timely WHT online declaration to Taxation Office on a bimonthly and monthly (or as required) basis, respectively.

•          Keep abreast of latest tax law to ensure full compliance with tax authority requirements

•          Target: Accurate computation of WHT, deduction of the payment to vendor, and timely WHT payment

•          Measurable: Zero late WHT paymemnt, zero error and zero penalty

Performance of ICFR Controls

•     Review and update the ICFR Controls assigned, where necessary

•     Performing the ICFR controls by preparing the necessary evidences

•     Target: Performance of ICFR Controls accurately and timely

•     Measurable: Achieving Green rating for all ICFR Controls within the year

 

Evaluation Criteria

•     Knowledge of AP (IFRS) standard, company policies & workflow and WHT processes.

•     Quality, accuracy and timeliness of deliverables.

•     Ability to identify and implement at least 2 improvement initiative in terms of enhancement of processes within / across the job functions.

•     Lead & ensure the successful implementation of the assigned ad hoc projects

•     Backup of AR Accounting Executive

 

Experience

•     At least 5 years of experience in Accounting and related area as role of AP accounting & WHT

 

Personal Skills

•     Proficiency in Microsoft Excel/Word/PowerPoint and any other ERP system.  SAP proficiency is an added advantage.

•          Self-commitment to high quality work

•          Good interpersonal skills

•          Proficiency in both written and spoken English

•          Good knowledge in digitalization/automation skill

•          Strong supporter of Teamwork & contributing to team success

•          Possess good analytical and critical thinking

•          Drive to demonstrate and achieve efficiency improvement

•          Demonstrate accountability, credibility and consistency

•          Able to execute decisions and deliver results independently

•          Possess analytical and critical thinking skills

•          Ability to work under pressure

 

Specific knowledge

•          Knowledge of finance and accounting activities

•          Knowledge of General Accepted Accounting Principle and IFRS reference to business nature

•          Knowledge of Taiwan Tax Law

•          Knowledge of business intelligence in the areas of finance and accounting

Professional knowledge and basic methodological knowledge