Summary: LG Energy Solution Michigan has an immediate and exciting need for a treasury accounting associate in Troy, MI. We are seeking a motivated and detail-oriented Treasury/Finance Analyst to support our regional treasury operations, with a focus on credit line management, 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.
Primary Responsibilities:- Credit Line Management
- Maintain the master inventory of all committed and uncommitted facilities across U.S. entities, including limits, tenor, pricing, expiry, and guarantee or collateral structure.
- Monitor daily utilization against available headroom and prepare periodic credit line status reporting for management and headquarters.
- Support facility renewals, amendments, and new facility onboarding, including bank documentation, KYC refreshes, board resolutions, and signature authority updates.
- Track covenant and lender reporting requirements, prepare supporting schedules, and escalate potential compliance issues on a timely basis.
- 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 accuracy of forecast inputs.
- Determine daily funding requirements and recommend borrow, invest, or intercompany actions to maintain target minimum balances.
- Cash Pooling Management
- Monitor and manage daily cash positions across global bank accounts.
- Support the execution and administration of physical and notional cash pooling structures.
- Assist with internal funding strategies across subsidiaries and intercompany settlements.
- Maintain intercompany positions arising from pooling, including interest accruals and periodic settlement or netting.
- 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.
- Bank Reconciliation
- Perform daily, weekly, and monthly reconciliations of bank accounts for an assigned entity.
- 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.
- Other duties as assigned.
Qualifications:- Bachelor's degree in Finance, Accounting, Economics, or related field.
- 3-7 years of relevant treasury or corporate finance experience.
- Strong understanding of cash flow forecasting, cash management, bank reconciliation, and payment controls.
- Experience with credit facility administration or bank borrowing arrangements is required.
- Experience with global cash pooling and intercompany funding structures is preferred.
- Experience with SAP HANA is a plus.
- Proficient in Microsoft Office products, especially Excel.
- Strong communication and collaboration skills.
- Fluent in Korean and English (both written and verbal).
- Positive, professional attitude and demonstrated effectiveness in accomplishing goals.
- Excellent organizational, communication, and computer skills.
- Effectively navigate systems to search required information.
- 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
- 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
