Manager - Accounting

Hyosung America

$90K — $120K *
Legal & Accounting
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • BA/BS in Business with Accounting emphasis
  • Minimum 8 years of accounting experience, including 3 years in management
  • Fluent in Korean at a professional business level
  • Experience with Oracle, SAP, JD Edwards or similar ERP systems
  • Knowledge of Lease Accounting (IFRS 16) and internal controls
  • Strong analytical and detail-oriented skills
  • Proficient understanding of GAAP/IFRS and accounting procedures

Responsibilities

  • Ensure general accounting transactions comply with GAAP and company rules
  • Manage the Accounts Payable team and collaborate with Revenue/Billing teams
  • Monitor budget variances to track financial status
  • Perform and review monthly account reconciliations, resolving discrepancies
  • Lead the month-end close process and prepare internal financial statements
  • Manage Fixed Asset budget annually
  • Coordinate external audits and tax-related requests
  • Assist with budgeting and forecasting activities
  • Focus on improving accounting processes
  • Handle ad hoc projects as needed

Benefits

  • Opportunity to engage with senior management
  • Continuous improvement opportunities in accounting processes
  • Exposure to diverse financial reporting activities
  • Potential for remote work flexibility based on responsibilities
  • Professional development in supervisory and management roles
Full Job Description
JOB SUMMARY:

The Accounting Manager is responsible for all areas relating to financial reporting. This position will be responsible for developing and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements. This position addresses tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, year-end audit preparation and the support of budget and forecast activities. The Accounting Manager will have contact with senior management which requires strong interpersonal communication skills both written and verbal.

ESSENTIAL FUNCTIONS:

Ensure general accounting transactions are recorded in accordance with GAAP and company accounting policies.

Actively manages AP team with day-to-day collaboration with the Revenue/Billing teams

Tracks financial status by monitoring variances from budget.

Perform and review monthly account reconciliation for related balance sheet accounts with detailed support schedules. Take appropriate action to clear the reconciling items.

Lead month-end close process and preparation of internal financial statements. Ensure an accurate and timely monthly, quarterly and year end close.

Manage Fixed Asset with annual budget

Lead preparation and coordination for external auditors and tax request.

Assist with budgeting and forecasting processes.

Continued focus on improving accounting processes.

Perform ad hoc projects as necessary

EDUCATION AND EXPERIENCE:
  • BA/BS in Business with an emphasis in Accounting
  • Korean Bilingual (Business literature level Proficient)
  • Minimum 8+ years of accounting experience with at least 3 years of supervisory or management experience
  • Must have experience using Oracle, SAP, JD Edwards or related enterprise system in a professional capacity
  • Lease Accounting (IFRS 16)
  • Knowledge of internal controls, best practices, and the ability to research and document accounting and financial topics required
  • Analytical skills, displaying an ability to gather, relate and compare data, and ensure data is reliable, accurate and complete
  • Detail orientation to ensure related tasks are completed timely and accurately
  • Thorough understanding of accounting procedures & GAAP/IFRS
  • Ability to manage confidential information
  • Financial closing, consolidations, reporting, planning and project management experience preferred.
  • Position may require extended hours and work on weekends or holidays.


PHYSICAL DEMANDS:

These physical demands are representative of the physical requirements necessary for an employee to successfully perform the essential functions of the job. Reasonable accommodation can be made to enable people with disabilities to perform the described essential functions.
  • While performing the responsibilities of the job, the employee is required to talk and hear.
  • The employee is often required to sit and use their hands and fingers, to handle or feel.
  • The employee is occasionally required to stand, walk, reach with arms and hands, climb or balance, and to stoop, kneel, crouch or crawl.
  • Vision abilities required to perform this job include close vision.

WORK ENVIRONMENT:

While performing the responsibilities of the job, these work environment characteristics are representative of the environment the job holder will encounter. Reasonable accommodations may be made to enable people with disabilities to perform the essential functions of the job.
  • The employee may be occasionally exposed to moving mechanical parts and vehicles.
  • The noise level in the work environment is usually quiet to moderate.
  • The passage of employees through the work area is average and normal.


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