What are the responsibilities and job description for the Treasury Accountant- Bilingual Korean English position at Hyosung HICO, Ltd.?
POSITION SUMMARY :
The Treasury Accountant - Bilingual Korean will be required to perform a critical role in managing and optimizing the company's financial resources in day-to-day operations. This role will perform cash management, investment activities, and financial reporting to ensure liquidity, compliance, and efficient use of funds. The ideal candidate will have a solid background in accounting or finance, strong analytical skills, and experience with treasury functions.
THE ESSENTIAL FUNCTIONS OF THE POSITION INCLUDE, BUT ARE NOT LIMITED TO THE FOLLOWING :
- Review and track all aspects of accounting and finance transactions from daily operations, including AP, AR, payroll, investment, and all other operating expenses, to check the liquidity for operational requirements in the short and long term.
- Review daily cash transactions, including cash payments and deposits, and cross-check their reconciliation status on the accounting ledger in the system.
- Track and monitor all unknown cash transactions in all bank accounts to prevent potential risks, including communicating with the banks to dispute and settle any identified fraud.
- Follow up on borrowing status and interest with banks, including responding to all bank inquiries and maintaining the internal loan system with up-to-date borrowing conditions.
- Check daily closing for all the associated accounts in the accounting system, including cash, loan, interest, and all others, and correct any errors and inaccurately processed transactions.
- Prepare and deliver all required reports to manage cash liquidity effectively in the short and long term. The reporting requirement will be met by providing the following report on time : a variance analysis of forecasting cash flow against actual cash flow in detail by weekly, monthly, quarterly, and annually.
- Provide a meaningful net cash flow analysis on capital expenditure and all other investment activities to support the senior management team's decision-making.
- Lead month-end closing in the treasury area, including scheduling closing works to meet the deadline and preparing the required closing reports, such as cash flow analysis and borrowing status report with detailed interest expense per loan and weighted average interest rate.
- Take a leading role in collaborating with the external audit team regarding the year-end FS and ICFR audit.
- Lead the various projects assigned related to improving the internal accounting management system, including accounting policies and procedures
- Support HQ office's inquiries in Korean regarding financial reporting.
- Promote the Finance / Accounting Department's goals and positive, professional image by promptly and cooperatively conducting business with other HICO departments, vendors, and customers.
- Know HICO's Quality, Safety, and Environmental Policies. Discuss thoroughly the importance of these policies and their impact on the workplace.
THE DESCRIPTION ABOVE REPRESENTS THE MOST SIGNIFICANT ESSENTIAL DUTIES OF THE JOB BUT DOES NOT EXCLUDE OTHER OCCASIONAL WORK ASSIGNMENTS NOT MENTIONED.
THE NON-ESSENTIAL FUNCTIONS OF THE POSITION INCLUDE, BUT ARE NOT LIMITED TO THE FOLLOWING :
EDUCATION / SPECIAL SKILLS / EXPERIENCE / TRAINING :
Hyosung HICO, Ltd., is an Equal Employment Opportunity (EEO) Employer. It has been and will continue to be a fundamental policy of Hyosung HICO, Ltd., not to discriminate on the basis of race, color, creed, religion, gender, gender identity, pregnancy, marital status, partnership status, domestic violence victim status, sexual orientation, age, national origin, alienage or citizenship status, veteran or military status, disability, medical condition, genetic information, caregiver status, unemployment status or any other characteristic prohibited by federal, state and / or local laws.
Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
