Korean-Bilingual Senior Accountant, Tax Reporting
Role description
From the employer**About the Company**
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 and has since expanded its presence to the US and Canada with a robust portfolio of beauty and personal care brands.
**About the Role**
As Senior Accountant, you will be responsible for overseeing key accounting functions, ensuring accurate financial reporting, and supporting strategic decision-making. The ideal candidate brings strong technical expertise, excellent analytical skills, and the ability to work both independently and collaboratively in a fast-paced environment. This position will work closely with Supply Chain, Contracts, Accounts Payable, Sales Tax report and assist in the preparation of the tax provision
**KEY RESPONSIBILITIES**
- Maintain and oversee the general ledger, ensuring accuracy and adherence to GAAP
- Responsible for the preparation and filing of monthly, quarterly and annual Sales Tax returns.
- Support month-end, Quarter-end, and year-end close processes to ensure timely and accurate reporting
- Prepare and review monthly/quarterly/annual journal entries
- Perform complex account reconciliations and resolve discrepancies
- Conduct accounting research for unusual or complex transactions
- Responsible for the preparation and filing of monthly, quarterly and annual Sales
- Support the capital assets / fixed assets revamp initiative and take ownership of the new capital asset processes and procedures. Collaborate with property management to locate existing assets and minimize potential write-offs
- Provide support for ad-hoc requests and broaden company initiatives as needed
- Review account activity and balances proactively and on a regular basis to prevent last-minute corrections
- Analyze financial data to identify trends, variances, and opportunities for improvement Prepare capital assets / fixed assets, monthly, quarterly and yearly schedules for corporate reporting
- Prepare monthly rent accruals and incoming sublease rent invoice
- Maintain Contract Liabilities schedule and prepare monthly journal entries to liquidate the balance by revenue earned on the program
- Analyze and reconcile Unbilled and Contract Liability ending balance by program
- Research transactions and create reports to present to management for correction of cost reclassification, transfer, and other special projects
- Cross train with other team members to provide support during vacations
- Support internal and external audits and Incurred Cost Submission to DCAA
- Process improvements to automate manual processes and facilitate quicker analysis
**QUALIFICATIONS**
- Bilingual proficiency in English and Korean
- A bachelor’s degree from an accredited college or university in Accounting or Finance. Masters in tax preferred.
- A minimum of 3 years of experience in a multi-state corporation.
- Proficient knowledge of financial systems such as Excel and SAP
- Ability to administer multiple responsibilities in a fast-paced team environment.
- Excellent analytical and organizational skills and strong attention to detail.
- Must possess a high level of personal and professional integrity.
- Strong communication skills, with the ability to foster collaborative cross-functional relationships.