VP, Finance Control (Korea)
Accounting & Finance
Seoul, South Korea
Job Title: Finance Control
Corporate Title: VP
Division: Finance
Location: Korea
SFID: 14551
Licensed Role: No
Nomura Overview
Nomura is a financial services group with an integrated global network. By connecting markets East & West, we service the needs of individuals, institutions, corporates and governments through our four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking) and Banking.
Driven by the insights of some 28,000 people worldwide, we put our clients at the center of everything we do, delivering unparalleled access to, from and within Asia. For further information about Nomura, visit www.nomura.com
Department Overview
Nomura's Finance department manages the company's financial operations and provides financial guidance to support business decision-making. The team collaborates with senior leadership, business units, and stakeholders to develop effective financial strategies, providing guidance on financial planning, budgeting, forecasting, and analysis to align financial operations with business objectives.
Nomura's Finance team specializes in financial reporting, accounting, tax, treasury, and capital management, known for providing exceptional service to clients. With a strong track record and commitment to innovation and global reach, Nomura's Finance department is well-positioned to continue driving growth and success in the financial industry.
Role Description
Reporting directly to Korea CFO locally, the VP Finance Control will oversee financial accounting, regulatory compliance, and tax coordination for Nomura’s Korea branch, ensuring accurate reporting, adherence to US GAAP/Korean standards, and strategic financial leadership.
Responsibilities
Financial Accounting & Reporting
- Manage all aspects of financial accounting and regulatory reporting, including regulatory capital monitoring and compliance
- Prepare accurate US GAAP financial reports for head office consolidation
- Ensure timely and compliant regulatory filings with Korean financial authorities
Regulatory & Tax Compliance
- Coordinate and manage relationships with regulatory, tax, and governmental agencies regarding the firm's financial position
- Oversee local tax compliance and reporting requirements
Strategic Leadership
- Lead and execute onshore financial projects and initiatives
- Provide strategic financial guidance to Seoul branch leadership
- Support additional responsibilities as assigned by Korea CFO
Requirements
- University degree in Accounting, Finance or related field
- Minimum 10 years’ experience in a Finance Control position within banking/financial services
- Experience in US GAAP and Korean accounting regulations
- Experience in regulatory reporting (OTC, derivatives, capital compliance) and Tax compliance (local Korean tax experience)
- Must be able to work well under tight deadlines and handle multiple responsibilities
- Able to explain complex issues, policies, and procedures to varied stakeholders across senior
- Self-starter and eager to learn, able to take ownership of issues and drive to conclusion with particular emphasis on time to market.
- Communicate confidently to senior desk heads across various business lines.
- Strong negotiation and conflict management skills.
Nomura Competencies
- Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
- Making Strategic Decisions: Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
- Inspire Entrepreneurship in People: Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
- Elevate Organizational Capability: Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
- Inclusion: Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).
Diversity Statement
Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.
DISCLAIMER: This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.
Nomura is an Equal Opportunity Employer