Finance Associate (Entry Level) - Foxconn Technology Group : Job Details

Primary Function: Make sure corporate has sufficient fund for payments and payroll with performing corporate accounts daily monitoring and managing duties, including cash management, funding arrangement, streamlined operation per cash collection and payments. Present finance accounting entries proposals and support other projects as needed. Duties and Responsibilities

• Payments arrangement: Process due invoices for payments. Ensuring bills and payroll are paid in a timely and accurate manner while adhering to departmental procedures.
• Treasury transactions management: Initiate transactions via online banking (ACH, Wire or international wire), checks issuing/deposit or manual remittance, online banking maintenance of vendor information and payment pre-format set up, etc.
• Cash management: Monitor the responsible accounts to ensure sufficient fund for operation with estimating amounts of account payable, account receivable and payrolls on a daily basis.
• Bookkeeping: Initiate vouchers for monthly bank interest income/ expenses, capital injection, bank reconciliation and also documentation filing for finance related accounts.
• Supporting Financial Operations: Assist with day-to-day financial operations such as accounts payable, accounts receivable, payroll processing, and expense management.
• Data Management: Maintain financial data and records accurately and ensuring compliance with regulatory requirements.
• Financial Compliance: Ensure compliance with financial regulations and standards, as well as company policies and procedures. For inter-company loans, guarantee and endorsement, new investment, the candidate needs to be familiar with the relevant regulations and to prepare the report to comply with the requirements.
• Financial Modeling: Build financial models to support strategic planning, investment analysis, and decision-making. This could include scenario analysis, sensitivity analysis, pressure test and other techniques to assess financial outcomes and help the management team to make decisions.
• Corporate credit card program: Manage the corporate credit card system with helping the card holder to solve the daily issues and also cooperate with stakeholders to reconciliate the expenses monthly.
• Funding arrangements: Assist managers to prepare the documents for banking loan drawdown/ repayment, inter-company loans, capital injection/ public disclosure if needed, and renew bank facilities, etc.
• Monitor account balance: Provides a quick view of the total balance in all accounts under Finance team's management.
• Account Officer role: Collaborate with Business Units team, including but not limited to Business Controller and Cost Management team, and Accounting team to identify and resolve issues from finance and accounting process to support and improve operation efficiency in the scope of responsible subsidiaries. Regularly or irregularly travel to responsible subsidiary's site to socialize and collaborate with front-end team supporting financial requirement from business cycle.
• Study and Research: Conduct research and generate reports or presentation per finance projects related to business, industry, customer or technology that assigned by Managers. Lead or join as project team members to initiate, evaluate, propose and execute financial projects assigned by Managers such as new bank account opening, process improvement, due diligence, auditing, etc.
• Cross-border communication with Asia treasury team to process the headquarters authorization on central account payment transactions, to acquire signatures on banking documents, and to drive approval on transaction proposal in the centralized treasury system.
• Perform other duties and responsibilities as required or requested.

Required Education

• BS in Accounting or Finance required. MS preferred.

Required Experience

• Excellent computation and accounting skills.
• Quick learner of accounting system: SAP.
• Be able to handle complex billing situations.
• Ability to multi-task on a daily basis.
• Familiarity with MS Office suite.
• Possess excellent communication skills.
• Being analytical and a problem solver.
• Detail-oriented and independent.

Required Competencies

• Customer Focus:
  • Follows up with customers to ensure problems are solved.
  • Independently anticipates and meets customer needs.
  • Internalizes customer feedback and provides innovative ideas to meet their future needs.
  • Searches for ways to improve customer service.
• Ensures Accountability
  • Follows through on commitments.
  • Monitors progress of performance and changes approach accordingly.
  • Takes ownership of own work.
  • Takes responsibility for successes and failures in own work.
• Collaborates
  • Encourages unity rather than us vs. them thinking.
  • Involves others as appropriate to accomplish individual and group goals.
  • Shares information with others so there are no surprises.
  • Welcomes and acknowledges the ideas and input of others.
• Communicates Effectively
  • Clear, concise, and professional in communication.
  • Is clear and thorough in reports, documentation, and other written information.
  • Listens with interest to what others have to say.
  • Shares information and updates with others as needed.
• Manages Complexity
  • Assesses complex issues from multiple angles in order to get the complete picture.
  • Evaluates the potential consequences and implications of different options.
  • Identifies the underlying issues and root causes of problems.
  • Incorporates new information and concepts when solving problems.
• Optimizes Work Processes
  • Addresses process breakdowns with speed and thoroughness.
  • Focuses efforts on both processes and results.
  • Modifies own work activities and methods to eliminate wasted effort and inefficiencies.
  • Uses process analysis methods like metrics and benchmarks.
• Instills Trust
  • Honors agreements and commitments, even when working through competing priorities.
  • Is honest and straightforward when working with others.
  • Maintains integrity and professional codes of conduct.
  • Shows consistency between words and actions.
• Self-Development
  • Identifies clear development goals and tactics.
  • Seeks additional job responsibilities to broaden skills.
  • Seeks feedback on areas to develop.
  • Takes initiative to practice and apply new knowledge and skills.