Accounting Manager

LG H&H USA
Los Angeles, CA Full Time
POSTED ON 7/16/2024 CLOSED ON 8/16/2024

What are the responsibilities and job description for the Accounting Manager position at LG H&H USA?

LG H&H Americas is a division of LG H&H, the #1 company in beauty and personal care in Korea. Since creating Korea’s first ever cosmetic products over 75 years ago, LG H&H has become an industry leader in Asia, before expanding our business by merging with The Avon Company to introduce and grow our robust brand portfolio in the US and Canada.

 

About the Role

This role oversees month-end closing activities for three markets, resolves issues, and ensures compliance with internal controls. It involves reviewing and maintaining account reconciliations and monitoring external business process owners' activities. Additionally, it leads process improvements, coordinates audits, and participates in various projects and priorities set by management.

 

Roles and responsibilities

  • Supervises the month end closing activities for three markets and actively supports the team and the business to resolve issues encountered to comply with established due dates
  • Reviews assigned accounts reconciliations and establishes processes to ensure accounts reconciliations are maintained in good standing following internal controls requirements
  • Monitors all reconciling items for all accounts reconciliations under FSSC responsibility to ensure that they are timely resolved
  • Leads and supports process improvements in a shared service center environment that includes an external business process owner (BPO) 
  • Monitors the BPO’s activities to ensure timely completion of activities such as month end closing tasks, preparation of monthly reconciliations and internal controls testing among other activities
  • Monitors the performance of the BPO, through proper management of KPIs, providing training and establishing corrective actions as necessary  
  • Ensures procedures are documented all the time by the outsourcer and approved by management based on most recent and actual practices
  • Identifies process gaps and process improvements of record to report areas of focus initiatives
  • Performs adequate reviews of quarterly Internal Controls Self-Assessment and establishes the remediation course of action and follow through for all ineffective controls under FSSC responsibility
  • Coordinates the Internal Audit and External Audit for both quarterly and year-end audit work by establishing proper control mechanism to ensure timely delivery of the information/data requested by the auditors
  • Participate in other projects, meetings and priorities as determined by the FSSC management, manages performance of Associates through the Performance Management Process, maintains the NA FSSC website as related to the General accounting area

 

Qualifications

  • Bachelor’s degree in accounting, CPA preferred but not required
  • 5 years of General Accounting experience in CPG companies a plus
  • Knowledge and experience in working with SOX and Internal Controls
  • Knowledge of Integrated accounting/general ledger system such as SAP, JDE or similar
  • Extensive/ advance knowledge of Excel
  • Excellent communication and supervisory skills
  • Bilingual in Korean

 

Our Benefits

  • Eligible for benefits as of date of hire (health, dental, vision, life and other voluntary programs)
  • You are immediately vested in LG H&H's matching contributions to the 401(k) Plan. The company matches your contributions dollar-for dollar up to 6% of your eligible pay.
  • Company sponsored Life insurance, AD&D and Disability benefits.
  • Wellness incentive programs

 

Salary Range: $90k - $125k

 

LG H&H USA is an equal opportunity employer. All employment decisions are made without regard to race, color, age, gender, gender identity or expression, sexual orientation, marital status, pregnancy, religion, citizenship, national origin/ancestry, physical/mental disabilities, military status or any other basis prohibited by law.

 

#LI-RP1

Salary : $90,000 - $125,000

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