Hanwha Phasor is establishing a world class Finance function to support the growth of the business as it completes the development of its first product release and transitions into a leading manufacturer of enterprise grade satellite antenna systems. We are seeking an Accounts Payable/ Accounts Receivable Manager to deal with the processing of payments into and out of the Company. The role will report into the Head of Finance and would suit a bilingual candidate familiar with both UK and Korean business culture and finance practices.
Location: London
Technical responsibilities
- Accounts Payable: Oversee and manage the accounts payable process, ensuring timely and accurate processing of invoices and payments.
- Accounts Receivable: Handle the accounts receivable process, including invoicing, collections, and resolving customer payment issues.
- Credit Control: Monitor and manage credit control activities to maintain healthy cash flow and minimize bad debts. Liaise with Procurement team to run credit checks.
- Bank Reconciliation: Perform regular bank reconciliations to ensure the accuracy of financial records.
- Expense / Company card Management: Process and review employee expenses, ensuring compliance with company policies.
- Payroll Data Entry: Accurately input payroll data and assist with payroll processing as needed.
- Invoice Queries: Address and resolve invoice queries in a timely manner.
- Cross-Functional Reporting: Prepare and deliver financial reports for various departments, providing insights and supporting decision-making processes.
- Bank balance reporting and cash forecasting on a weekly basis.
- Support group reporting and external financial and other audits. Assist Head of Finance with regular and ad hoc reporting in Korean to the Head Office.
- Oversee direct debit payments within guidelines.
- Support the financial forecasting, valuation and reporting
Organisational responsibilities
- Help build and improve AP/ AR processes and practices to aid the growth of the business
- Ensure queries from vendors, employees and customers are promptly, accurately, and politely resolved, act as an ambassador for the Finance function
Essential qualifications and skills
- Educated to degree level in a relevant subject area such as Accounting or other appropriate subject or equivalent industry or educational experience
- Professional accounting qualification (Part or Full)
- At least 4 years’ experience
- Experience of accounting procedures including Purchase Orders, customer and supplier invoices, bank payments.
- Experience of ERP systems (Preferably SAP FI&TR module)
- Experience in a multinational group reporting structure
- Bilingual (fluent in English & Korean)
Desirable
- Experience in Korean corporate culture
London Technology Centre:
- Based in modern, open-plan offices in the vibrant area of Hatton Garden, with great views of the City of London from several spacious balconies with outdoor seating.
- Excellent transport connections: Farringdon, City Thameslink and Kings Cross St Pancras overground stations within walking distance; Chancery Lane and Farringdon tube stations within a five-minute walk.
- Showers, cycle racks, lockers and a coffee shop on site. Workspace networking and social events throughout the year.
- With the City, Covent Garden and Embankment close by, there's plenty to do at lunchtimes and after work.
- Leather Lane street food market is right on our doorstep, with the usual chains close by.
