Accounting Manager

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.  

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.

The Accounting Manager is responsible for overseeing the company’s accounting operations and financial transactions to ensure the accuracy, integrity, and timeliness of financial reporting in compliance with applicable accounting standards, internal policies, and regulatory requirements. This role provides professional accounting leadership and financial guidance to internal stakeholders by establishing, implementing, and enforcing accounting policies, procedures, and internal controls. The Accounting Manager supports management decision making by delivering reliable financial information and analysis, while ensuring effective coordination with our LG Electronics Headquarters in Korea and external auditors.

Responsibilities:

• Oversee day to day accounting operations, including general ledger, period end closing, and financial statement preparation
• Ensure financial statements are accurate, complete, and prepared in accordance with US GAAP, IFRS/K IFRS, and LGE global accounting policies
• Monitor accounting transactions and resolve complex accounting issues related to business operations, customers, and vendors
• Provide timely and accurate financial information to management, including the Team Leader, Local CEO, CFO and our LG Electronics Headquarters in Korea
• Establish, maintain, and enforce accounting policies and procedures in alignment with LG Electronics global standards
• Conduct internal control reviews and support internal audits to ensure compliance with corporate governance requirements
• Identify control gaps or financial risks and recommend corrective actions to management
• Serve as a primary accounting contact for internal and external auditors and coordinate audit related requests and documentation
• Plays a key role in credit management activities, particularly for Auto OEM customers, requiring strong analytical, quantitative, and technical skills
• Reviewing and maintaining new and existing customer credit files
• Analyzing customer financial statements and performing credit risk assessments
• Implementing and enforcing credit related policies and procedures
• Providing timely credit limit increases based on sales forecasts and accounts receivable collection plans
• Performing monthly, weekly, and quarterly credit limit simulations in collaboration with the Sales Manager and AR Manager
• Communicating with LG Electronics Headquarters and LG Electronics Vehicle Solution Company Business Risk Management Team to support credit insurance and OEM customer credit preparation
• Collaborates with the appropriate Korea based headquarters teams, including LG Electronics Headquarters in Korea for credit insurance matters and LG Electronics Vehicle Solution Company for vehicle business related coordination.
• Other duties as assigned

Qualifications:

Required:

• Bachelor’s or master’s degree in accounting
• Minimum 7 years of professional experience in accounting and tax
• Ability to communicate verbally and in writing in both English and Korean to support collaboration with cross functional teams locally, regionally and globally
• Flexibility to work extended hours, holidays or non standard hours during critical month end closing periods or when business needs require
• Ability to travel up to 5% (domestic and international)

Preferred:

• At least 2 years of credit management experience
• Certified Public Accountant (CPA)

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

Applicants who need assistance or a reasonable accommodation during the hiring process may contact our team by phone at: 973-477-7090 or support@lg4me.freshdesk.com. This email and phone number will only reply to accommodation requests and is not intended for general employment inquiries.

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.