What are the responsibilities and job description for the Accountant (Bilingual English/Korean) position at LG Electronics North America?
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.
Summary
Develops, implements, and/or maintains one or more accounting systems: Journal entries, General Ledger, Accounts Receivables, Accounts Payable, Revenue Reconciliation, etc. Reviews and interprets financial reporting requirements, rules, and regulations. Balances books and prepares profit and loss, cash flow, income, and balance sheet statements. Monitors and develops monthly reports of revenues and expenditures for projects. Provides record of assets, liabilities, and other financial transactions. May prepare federal, state, and local reports and tax returns. May assist in the setup of processes and procedures that properly capture, track and report revenue, including deferred revenue, in accordance with the company revenue recognition policy. May generate revenue reports for internal and/or external use. May interpret reports and records for managers/stakeholders. May be involved in reviewing, tracking, and maintaining billing information in the financial systems, ensuring accuracy and compliance with U.S. GAAP and other accounting regulations.
Responsibilities
$75,000—$85,000 USD
Benefits Offered Full-Time Employees
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.
Summary
Develops, implements, and/or maintains one or more accounting systems: Journal entries, General Ledger, Accounts Receivables, Accounts Payable, Revenue Reconciliation, etc. Reviews and interprets financial reporting requirements, rules, and regulations. Balances books and prepares profit and loss, cash flow, income, and balance sheet statements. Monitors and develops monthly reports of revenues and expenditures for projects. Provides record of assets, liabilities, and other financial transactions. May prepare federal, state, and local reports and tax returns. May assist in the setup of processes and procedures that properly capture, track and report revenue, including deferred revenue, in accordance with the company revenue recognition policy. May generate revenue reports for internal and/or external use. May interpret reports and records for managers/stakeholders. May be involved in reviewing, tracking, and maintaining billing information in the financial systems, ensuring accuracy and compliance with U.S. GAAP and other accounting regulations.
Responsibilities
- Support more complex monthly close activities including GL adjustment review, reconciliation and reporting and communication with subsidiaries to complete financial statements
- Analyze subsidiary financial statements and make observations on activity based on data
- Conduct advanced accounting support for account risk management through the GFVS system in compliance with Accounting Policy Review and COA Management
- Review closing reports and issue follow up from HQ Audit
- Calculate Trade A/R Reserve
- Support internal and external financial audit processes and issue resolution to minimize risk
- Reconcile foreign bank accounts
- Support ad-hoc projects and reports as needed
- Bachelor's degree in related field with 3 years accounting/finance relevant experience
- Bilingual in English and Korean
- Strong communication, organizational, and analytical skills
$75,000—$85,000 USD
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.
- Eligible for the relevant benefit programs offered through our partner agencies.
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.
Salary : $75,000 - $85,000
