[PURPOSE OF THE POSITION]
The Finance & Compliance Coordinator assists the Head of Finance and Compliance (HFC) to ensure that MSF Korea conducts its business in full compliance with all national laws and regulations of NGOs, Public organizations, and the incorporated association.
Under the direct supervision and monitoring of HFC, the position is responsible for supporting to prepare all statutory reports, drafting the answers to MOI (Ministry of Inspection and Safety) & MOH (Ministry of Health) in responding to their request, legally formalizing the MSFK General Assembly, administering PIPA/GDPR compliance, and checking changes in legislation and updating it to HFC to make sure proper implementation of such changes in MSF practice.
In addition, the Finance & Compliance Coordinator reviews the expense reports of the MSF Korea staff and executes payments in accordance with the organization’s policy and procedures, including an arrangement with the Treasury and bank accounts reconciliation.
[MAIN DUTIES AND RESPONSIBILITIES]
1. Compliance
- Provide support to maintain the filing incorporated association/public organization/NGO as per MOHW guidelines and civil act, and prepares documents and reports required by MoHW,
- Work closely with the Associative focal point for organizing the General Assembly,
- Support HFC for reporting and requirements with relevant internal and external parties.
2. Finance Administration - Account Payable and Treasury
- Accounts payable including domestic and overseas payments (expense reports, invoices, payment requests and evidences etc.) following organizational policies and procedures and K-GAAP,
- Daily bank accounts reconciliation and journal entry,
- Manage the process of vendors and corporate credit cards,
- Prepare a report to the Bank of Korea for the netting of overseas payments, and liaising with Shinhan bank for trouble shooting
- Update documentation of payment and treasury related process.
3. PIPA/GDPR and IT
- Assist HFC in reviewing, filing and assessing processes and practices to ensure its process in accordance with PIPA & GDPR (General Data Protection Regulation) and support to respond to MSF movement wide GDPR monitoring,
- Actively support updating the internal privacy policy,
- Support to train employees about the latest regulations and processes of PIPA with arranging privacy trainings (annual, newcomers etc.),
- Initiate updates of IT equipment records in MSFK’s accounting system.
4. General duties
- Be up to date about any changes to the regulations related to MSFK to support to evaluate potential impact to MSFK operation,
- Administer the database of regulations and guidelines related to the operation of MSFK,
- Keep records of issuance for the certificates of the corporate seals and a copy of MSF Korea’s register,
- Manage daily routine processes like checking tax invoices and banking system,
- Support ad-hoc requests from an organization as far as it is related to finance, compliance and IT support.
Note: This Job Description is a summary of the typical functions of this position and not an exhaustive or comprehensive list of all possible job responsibilities and duties. Accordingly, the responsibilities and duties of the jobholder might differ from those outlined in this Job Description and the other duties, as assigned, might be part of the job due to organizational and operational needs.
[QUALIFICATIONS AND JOB REQUIREMENTS]
1. ESSENTIAL SKILLS
- Commitment to MSF principles and Values and social mission
- Willing to learn various tasks with diverse experiences in finance and compliance related area
- Bachelor’s Degree (preferred in Law, Business Management, Finance or related field),
- 0~3 years working Experience (preferred in Compliance of Finance/Accounting related area),
- High ethical standards and problem-solving skills,
- Time management and organization to meet the deadline,
- Basic understanding of Accounting and Finance preferred,
- English Communication (both verbal and in writing),
- Ability to work independently but a team player.
2. DESIRABLE SKILLS
- Commitment to the values, principles, and objectives of MSF
<APPLICATION PROCEDURE>
If you are interested in this position,
please send your motivation letter and CV in English to recruit@seoul.msf.org
with "Finance & Compliance Coordinator - MSF Korea" in the subject line.
Only shortlisted candidate will be contacted, and the application process will conclude once the final candidate is confirmed.