What are the responsibilities and job description for the Accountant I (Treasury Accountant) position at LG Energy Solution Michigan, Inc.?
LG Energy Solution Michigan Inc. (LGESMI) develops and manufactures large lithium-ion polymer batteries and packs for electric vehicle (EV) and energy storage applications. Come join the leader in advanced EV batteries! www.lgenergymi.com
Summary:
LG Energy Solution Michigan has an immediate and exciting need for a treasury accounting associate at NABD (North America Business Department) Finance team. We are seeking a motivated and detail-oriented Treasury Accountant to support our regional treasury operations, with a focus on cash pooling, cash flow management, and mass payment. This position plays a key role in optimizing liquidity, ensuring timely execution of payments, and enhancing treasury control processes across U.S. regions.
Responsibilities:
- Mass Payment
- Ensure timely and accurate processing of domestic and international payments
- Coordinate with AP, banks, and business entities to support scheduled disbursements
- Maintain payment templates and authorizations in banking platforms
- Review and validate documentation for new vendor banking details
- Ensure compliance with internal controls and fraud prevention policies
- Vendor Bank Account Registration Approval
- Vendor payment account registration review and approval
- Support the user’s inquiry of the Treasury Management System
- Ensure compliance with internal controls and fraud prevention policies
- Bank Reconciliation
- Perform daily, weekly, and monthly reconciliations of bank accounts
- Investigate and resolve discrepancies between bank records and internal ledgers
- Work closely with Accounting to ensure timely and accurate financial reporting
- Treasury Operations Support
- Support treasury-related audits and compliance processes
- Help with onboarding and administration of banking partners and platforms
- Perform monthly financial closing duties
- Cross-Functional Collaboration
- Work closely with Finance, Accounting, AP, and international subsidiaries
- Cash Flow Management
- Prepare and analyze short- and mid-term cash flow forecasts
- Identify trends, variances, and opportunities to improve liquidity planning
- Collaborate with U.S. subsidiaries to improve the accuracy of forecast inputs
Secondary Responsibilities:
- Lead individual assignment on Treasury Management System Improvement
- Support AR Factoring or Supply Chain Financing
- Support Cash pooling operations
- Support Treasury/Finance Overseas policy compliance
Qualifications:
- Bachelor’s degree in Finance, Accounting, Economics, or related field
- 1 to 3 years of relevant treasury or corporate finance experience
- Strong understanding of cash management, bank reconciliation, and payment controls
- Experience with SAP software is a plus.
- Proficient in Microsoft Office products, especially Excel.
- Fluent in Korean and English (both written and verbal)
- Positive, professional attitude and demonstrated effectiveness in accomplishing goals.
- Excellent organizational, communication, and computer skills.
- Attention to detail, numerical data entry, and duplicate entries.
- Ability to prioritize when working on multiple tasks, meet deadlines, and actively communicate with all levels of the organization.
- Ability to handle confidential documents and information in a discreet and professional manner.
- Knowledge of Generally Accepted Accounting Principles (GAAP) preferred.
Benefits Overview
- 100% employer-paid Medical, Dental, and Vision premiums for you and your family
- 100% employer-paid disability and life insurance
- Employer-supported childcare/babysitting programs
- Generous Paid Time Off / Holidays
- Opportunity to grow in a diverse work environment with a global company
- 401k Retirement savings and planning with a generous company match
LGESMI is an Equal Opportunity employer that values the diversity of its workforce. EEO