Position Summary

The Purchase to Pay (P2P) Accountant covers all aspects of the procurement and payment processes with true end-to-end responsibility for the whole process. The position is responsible for ensuring accurate and timely processing of invoices and payments, maintaining compliance with internal controls and regulatory requirements (IFRS, HGB). The P2P Accountant will actively contribute to the efficiency of the accounts payable function, ensuring that all financial transactions related to purchases are recorded accurately in the general ledger. Additionally, this role requires effective management of communication with the Korean headquarters on finance-related topics, necessitating strong intercultural communication skills between Germany and Korea.

Duties and Responsibilities

Invoice Processing: Review, verify, and process incoming invoices from suppliers, ensuring accuracy and compliance with company policies and legal requirements.
Purchase Order Management: Create and manage purchase orders for goods and services, ensuring alignment with budgetary constraints.
Payment Execution: Schedule and execute payments to vendors in a timely manner.
Cash Forecasting: Covering all dimensions of weekly cash forecasting related to Account Payable aspects.
Vendor Relations: Maintain effective communication with vendors regarding account status, payment inquiries, and discrepancies.
Reconciliation: Perform quarterly reconciliations of accounts payable transactions to ensure accuracy and completeness.
Support Period-End Closing: Assist in period-end closing activities related to accounts payable, including accruals and reporting.
Compliance: Ensure compliance with internal controls and relevant accounting standards (e.g., HGB, IFRS) as well as local tax regulations.
Intercultural Communication : Manage communication with the Korean headquarters regarding finance-related topics, facilitating understanding between teams from different cultural backgrounds.

Requirements

Qualifications/Experiences:
Completed degree in business administration or a related field (Bachelor's). Alternatively, certification as a certified accountant is an advantage.
At least 3-5 years of experience in accounts payable or a similar role.
Generalist view on accounting and interfaces with other accounting functions.
Strong analytical skills and a pronounced solution-oriented approach.
Strong knowledge of accounting principles and practices, particularly related to procurement processes.
Proficiency in Excel and experience with accounting software solutions preferably in AX 2012.
Cultural Competence: Good knowledge of intercultural communication principles between Korea and Germany is essential.
Personality:
Must possess a proactive attitude with a strong desire to improve processes.
Must demonstrate effective communication skills and the ability to work collaboratively within teams.
Must have a results-oriented approach with high ethical standards.
Ability to adapt quickly in a fast-paced environment while maintaining attention to detail.

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