Accountant III

LG Electronics · Detroit, MI

Company

LG Electronics

Location

Detroit, MI

Type

Full Time

Job Description

At LGE (https://www.lgcorp.com/about/companies), we deliver products and services that make lives better, easier and happier though increased functionality and fun. Put simply, we offer the latest innovations to make "Life Good" - from home appliances, consumer electronics and B2B solutions to innovations in digital signage, air conditioning, solar and vehicle components. As a global leader, we strive for greatness in product leadership, market leadership and people leadership to realize our growth strategies.

Driving better future mobility

VS (Vehicle component Solutions) Company (https://www.lg.com/global/mobility) of LG Electronics focuses on commercializing environmentally responsible automotive components and core solutions based on LG's proprietary technologies. A leading provider of core components for global car manufacturers, VS Company is supporting the emerging trend of the vehicle industry.

We are currently seeking our newest innovator to join our dynamic team as an Accountant III (Bilingual English & Korean).

Responsibilities:

  • Responsible for daily asset related management and reporting for internal / external purpose on Cash management (Cash inflow/outflow), fixed assets, Accounts receivables (DSO, Credit limit, OD rate).
  • Provides entry level day-to-day accounting services that include preparation and processing of transactions and financial statements.
  • Communicate with each department to reflect accurate accrual expenses.
  • Monitors and provides administrative support in one or more accounting functions depending on the Business Unit: Journal entries, General Ledger, Accounts Receivables, Accounts Payable, Revenue Reconciliation, Financial Reporting, Fixed Assets, Cash Flow management, Bank reconciliation with cash application & cash payments etc. and generates reporting accordingly for internal/and external use.
  • Where applicable, reviews and interprets financial reporting requirements, rules and regulations.
  • Reconciles books and assists with the preparation of one or more of the following: fixed asset expenditures, registration and modification, physical fixed asset counting, profit and loss, cash flow, income and balance sheet statements. Monthly reporting of revenues and expenditures for projects.
  • Where applicable provides record of assets, liabilities and other financial transactions.
  • May interpret reports and records for managers/stakeholders.
  • Ensures accuracy and compliance with U.S. GAAP, IFRS and other accounting regulations. Monthly cash collection and payment forecasting for cash management reporting.
  • May perform daily bank reconciliation and monthly bank closing.
  • Where a separate tax department is not present, this role will also prepare federal, state and local reports and tax returns.
  • Reporting for internal/external in both Korean and English language is necessary for HQ Reports/NA NJ Regional office as well as internal MBR reports.
  • Communication, data analysis, reporting on PowerPoint/excel are necessary skills.

Requirements:

  • Bachelor's degree in Accounting or related majors in an accounting, finance or economic function
  • Minimum of 3 years of experience and knowledge of journal entries, general Ledger, accounts receivables, accounts payable, revenue reconciliation, financial reporting, fixed assets, cash flow management, bank reconciliation with cash application & cash payments etc. and generated reporting
  • Must understand intermediate accounting principles and cash flow management
  • Intermediate Excel skills
  • Bilingual in both English and Korean language
  • Ability to think critically and analytically
  • Working knowledge of accounts payable/receivable systems and databases
  • Exercise attention to detail and excellent organization skills
  • Possess effective, professional interpersonal skills
  • Ability to work long hours during month end closing, including early into the morning hours.

Preferred:

  • 3 years of experience with multinational corporations and regional/national audit firm

What is in it for you?

  • Become a part of LG's innovative technologies, unique products, and cutting-edge designs that are an investment in the future
  • A high-tech work environment with an exciting, collaborative and highly impactful role that will work closely with cross-functional teams
  • An environment that enables colleagues to demonstrate their capabilities, focus on their work and create value
  • At LG, you're encouraged to take a creative and individual approach to challenges with strong emphasis placed on performance and skill - and equal, merit-based opportunities across the board
  • Flexible work environment for all employees providing the freedom to balance work and personal life
  • Our objective is to provide our employees the tools necessary to live a balanced life, experience a rewarding work environment and contribute to our surrounding communities
  • LG Electronics is honored by a variety of awards and recognition as one of the most sustainable and responsible organizations
  • We have been selected as an "Industry Leader" in Leisure Equipment & Products and Consumer Electronics of the Dow Jones Sustainability Indices and we ranked on the Davos World Economic Forum's Global 100 Most Sustainable Corporations in the World

Your Total Rewards Package will include:

  • A comprehensive benefits package that includes leading medical, dental, vision and prescription benefits with no-cost employee premiums to you and your eligible dependents in 2023 - Remaining among less than 4% of companies in the country to offer no-cost employee premiums
  • A competitive 401(k) Retirement Savings Plan and you're immediately vested in the company matching contributions
  • Tuition Reimbursement effective Day 1 of Service
  • Shutdown over the holidays and generous Paid Time Off
  • Performance based Incentives
  • Employee Product Discount on many of our Products

To learn more about our business and company culture, connect with us on our LinkedIn Page: https://www.linkedin.com/company/lgvehiclecomponentsolutions

LG Electronics, USA Inc., LG Mobile Research USA LLC, LG Electronics, Alabama, Inc.,LG Electronics Vehicle Components U.S.A., LLC, and Zenith Electronics LLC provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Further, the Company takes affirmative action to ensure that applicants are employed and employees are treated during employment without regard to any of these characteristics.

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Date Posted

12/16/2023

Views

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