Title: Analyst I, Treasury
Location: Holland, MI
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
In this role, you will support Treasury/Finance policies, procedures, and implementation of effective controls for all treasury functions to include, but not limited to: daily liquidity and cash management, vendor payment management, overall capital structure, corporate card management, financial risk management, and treasury accounting for the organization.
Responsibilities:
Monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met
Prepare and process payments via check, ACH, and wire transfers, in accordance with payment terms and company policies.
Support the development of internal control policies, guidelines, and procedures for activities, such as budget administration, cash and credit management, and accounting
Daily cash management
Work closely with others on the forecasting of cash flow
Oversee the liquidity position of various locations and own the critical task of ensuring adequate funding to these businesses
Apply advanced cash management skills, while exercising sound judgement in decisions
Maintain the bank account/cash management infrastructure, modifying as necessary to support changes in the business
Develop and maintain relationships with banking, insurance, and accounting teams to facilitate financial activities
Receive, record, and authorize requests for disbursements in accordance with company policies and procedures
Evaluate customers' trade credit worthiness
Support AR management and help resolve collection issues
Assist in the monitoring of the global capital structure to ensure components of liquidity, earnings, dividends, and share repurchases remain in the optimal balance
Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures and efficient control and utilization of financial resources
Maintain cleanliness at work-site in accordance with 5S3R Standards:
Sort, Set in order, Shine, Standardize, Sustain
Right Location, Right Quantity, Right Container
Perform other duties as assigned
Korean English Bilingual
Qualifications:
Bachelor's degree in accounting, finance or related field or equivalent, relevant experience
Certified Treasury Professional preferred, or accountant with relevant treasury experience
Experience:
- 1 to 3+ years in corporate treasury role or related experience
Skills:
Understanding of Generally Accepted Accounting Principles (GAAP)
Compliance and control mindset
Data Analysis
MS Office Suite, including advanced MS Excel Skills
Strong analytical, financial modeling, and reporting skills
Excellent time management and organizational ability
Strong communication and presentation skills
Attention to Detail
Collaboration
Ability to work flexible hours as needed to support and work with HQ and global sites
Benefits Overview
100% employer paid Medical, Dental, and Vision premium 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 diverse work environment with a global company
401k Retirement savings and planning with generous company match
