Accountant II

Step into the innovative world of LG Electronics. As a global leader in technology, LG Electronics is dedicated to creating innovative solutions for a better life. Our brand promise, 'Life's Good', embodies our commitment to ensuring a happier life for all. We have a rich history spanning over six decades and a global presence in over 290 locations. Our diverse portfolio includes Home Appliance Solutions, Media Entertainment Solutions, Vehicle Solutions, and Eco Solutions. Our management philosophy, "Jeong-do Management," embodies our commitment to high ethical standards and transparent operations. Grounded in the principles of 'Customer-Value Creation' and 'People-Oriented Management', these values shape our corporate culture, fostering creativity, diversity, and integrity. At LG, we believe in the power of collective wisdom through an inclusive work environment. Join us and become a part of a company that is shaping the future of technology. At LG, we strive to make Life Good for Everyone.

What We Can Offer

A crafted employee experience designed to foster professional growth, a focus on health & well-being and an internal community that will set you up for success.

The Opportunity

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.

Responsibilities

As the Accountant II you will:

• Responsible for daily asset related management and reporting for internal / external purpose on Cash management (Cash inflow/outflow), fixed assets
• 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, Lease 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.
• Ensures accuracy and compliance with U.S. GAAP, IFRS and other accounting regulations. Monthly cash collection and payment forecasting for cash management reporting.
• Auditing Support: Coordinate and assist with internal and external audits by providing necessary documentation and resolving queries.
• May perform daily bank reconciliation and monthly bank closing.
• Maintains financial security by following internal controls.
• Substantiates financial transactions by auditing documents.
• Maintains financial security by following internal controls.
• Prepare and fulfill Internal Control Assessment Test for K-SOX and external Audit of financial statements
• Prepare documentation of work process and provide training materials of accounting internal procedures to other team colleagues
• Guides accounting clerical staff by coordinating activities and answering questions.
• Reconciles financial discrepancies by collecting and analyzing account information.
• Reporting for internal/external in both Korean and English language is necessary for HQ Reports/NA NJ Regional office as well as internal reports.
• Communication, data analysis, reporting on PowerPoint/excel are necessary skills.
• Financial data analysis of General Ledger, Income statements, Balance sheets
• Other duties as assigned
  
  

Requirements

• Bachelor's degree in accounting or related majors in an accounting, finance or economics/Statistics, and various business management
• 3 years of relevant experience and knowledge in accounting & finance
• Intermediate Excel skills
• Strong understanding of GAAP (Generally Accepted Accounting Principles) and regulatory compliance requirements.
• Ability to work early/late hours as required to communicate with HQ offices in Korea and to complete Global Financial Closing on time
• Preferred: CPA certification or candidates who have passed the CPA exam but are not yet licensed.
  
  

Preferred

• Experience with multinational corporations and regional/national audit firm
• Understand intermediate accounting principles and cash flow management
• Bilingual in both English and Korean language
• Ability to think critically and analytically
• Exercise attention to detail and excellent organization skills
• Possess effective, professional interpersonal skills
• Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks) and advanced MS Excel skills (pivot tables, VLOOKUP, etc.).
• Abilities to move or carry objects or merchandises during the inventory counting or any job required objects movement needed.
• Able to working late at least 5 days of month
• Capability of multi tasks and make a decision to meet various due dates by priority and urgency
• Capability of understanding and utilizing of various systems
  
  

Travel Requirements

Not extensive business travel required; however, occasional travel may require for training purposes at NJ or HQ

Benefits Offered Full-Time Employees

• No-cost employee premiums for you and your eligible dependents for competitive medical, dental, vision and prescription benefits.
• Auto enrollment with immediate vesting of competitive company matching contributions in a 401(k) Retirement Savings Plan with several investment options.
• Generous Paid Time Off program that includes company holidays and a combined bank of paid sick and vacation time.
• Performance based Short-Term Incentives (varies by role).
• Access to confidential mental health resources to help you and your loved ones improve your quality of life. Personal fitness goal incentives.
• Family orientated benefits such as paid parental leave and support for families raising children with learning, social, behavioral challenges, or developmental disabilities.
• Group Rate Life and Disability Insurance.
  
  

Benefits Offered Temporary/Contractors

• Eligible for the relevant benefit programs offered through our partner agencies.
  
  

Privacy Notice to California Applicants

At LG, we aspire to empower people and celebrate differences because we believe diversity will create the unexpected. We provide 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. Consistent with our commitment to providing equal opportunity and embracing diversity, LG has implemented affirmative action to ensure applicants are employed and employees are treated without regard to these characteristics.

In addition to the above, LG believes that pay transparency is a key part of diversity, equity, and inclusion. Our salary ranges take into account many factors in making compensation decisions including but not limited to skillset, experience, licensure, certifications, internal equity, and other business needs. While we consider geographic pay differentials in final offers, because we operate in many geographies where applicable, the salary range listed may not reflect all geographic differentials applied.