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:

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

LGESMI is an Equal Opportunity employer that values the diversity of its workforce. EEO

Learn more about this Employer on their Career Site

Sr. Accountant (Treasury)