Manufacturing Accountant
LG Chem
Manufacturing Accountant
LG Chem will become a world-class corporation that creates new value for our customers based on "science," beyond "chemistry."
Job Summary (Basic Functions): LG Chem Advance Materials, Inc. (LGCTA) is actively searching for a Manufacturing Accountant to join our team in Clarksville, TN. The Manufacturing Accountant's primary role will be to analyze financial data within our manufacturing environment, providing financial insights to support decision-making, and contributing to the company's financial performance. The Manufacturing Accountant will support capital investments and collaborate with Operations to improve productivity and cost efficiency. This position is an individual contributor and is responsible for cost accounting, forecasting, budgeting, variance analysis, and reporting on financial performance.
This position is based full-time in Clarksville, TN and is not a remote role.
What You'll Be Doing
Essential Functions (include but are not limited to):
Analyze Financial Data:
- Review financial statements, budgets, forecasts, and other financial information to identify trends, variances, and areas for improvement.
- Conduct financial analysis and provide insights to the business unit's leadership team.
- Administer quarterly Sarbanes Oxley assessments for the Corporate finance department and assists with audits.
- Compile ad-hoc reports and participate in special projects as required.
Variance Analysis:
- Investigate differences between actual results and planned budgets or forecasts to identify reasons for deviations and recommend corrective actions.
- Monthly and quarterly financial closing activities including journal entry preparation, variance analysis, account reconciliation, and various report submissions.
Operations Support:
- Work with manufacturing operations teams to identify areas for improvement, such as cost reduction, productivity gains, and process optimization.
- Assist in the development and implementation of productivity improvement plans, including participating in Productivity Improvement plans and tracking savings.
- Financial activities for plant reporting - daily, weekly, and monthly operating results including performance analysis.
- Collaborate with internal teams to ensure raw materials and finished goods are accurately costed, with product margins properly reflected.
Ad-Hoc Financial Analysis:
- Maintain accurate and up-to-date financial data in databases and spreadsheets.
- Perform ad-hoc financial analysis and modeling as requested by senior management or other departments.
- Assist in preparing HQ presentations and executive reports.
Qualifications, Skills and Experience: What We're Looking For
Competencies/Desired Skills:
- Risk Assessment, Analysis and Management: Assess, analyze and manage risk using appropriate frameworks, professional judgment and skepticism for effective business management.
- Reporting: Identify the appropriate content and communicate clearly and objectively to the intended audience, the work performed and the results as governed by professional standards, required by law or dictated by the business environment.
- Systems and Process Management: Identify the appropriate businesses processes and system(s), related frameworks and controls to assist in the design and use of systems for efficient and effective operations.
- Communication: Ability to communicate, in written and oral form, detailed and technical accounting information, guidelines and standards/statutes/codes/regulations to various audiences to ensure that the information and message are understood, and to seek compliance. Ability to deliver presentations suited to the characteristics and needs of the audience such as negotiating solutions among different parties, or providing expert support.
- Collaborating for Superior Results: Partner with colleagues and customers to get to the best solutions. Build successful relationships and develop a high level of trust. Challenges the "status quo" and does not settle for "good enough." Holds self and colleagues accountable for actions and results. Require excellence not only in results, but in how we achieve them.
Education: Bachelor's Degree in Accounting, Finance, Economics or Business Administration from an accredited university or program required.
Requirements:
- Minimum of 3 years of experience in cost management accounting, financial analysis.
- Strong experience in budgeting, forecasting, financial reporting, and financial modeling.
- Proven track record of providing actionable financial insights and recommendations
Preferred Qualification/What We'd Like to See:
- Advanced proficiency in Excel (pivot tables, financial modeling, data analysis), PowerPoint.
- Strong knowledge of analyzing Financial Statement (e.g., Balance Sheet, Income Statement, Trial Balance) and Cost management
- Proficiency in financial analysis tools, techniques and financial systems (e.g., SAP, Oracle, or similar ERP systems).
- Excellent communication skills with the ability to present complex financial data to non-financial stakeholders.
- Ability to work independently, manage multiple projects, and meet tight deadlines.
- This position requires close coordination with South Korean HQ accounting team regarding the consolidated financial statement preparation and monthly, quarterly and annual closing tasks led by HQ. Conducting internal controls from a consolidated accounting perspective, fluency in Korean is preferred to ensure smooth execution in response to the headquarters' guidelines.
Work Environment
The working conditions (including the general work environment, and table with physical/mental demands) in this job description reflect the typical conditions you can expect while performing the essential functions of this job. LGCTA provides reasonable accommodations – appropriate changes and adjustments – to applicants and employees to be considered for a job opening, enable them to perform a job, gain access to the workplace, and enjoy the benefits and privileges of employment.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, gender, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any characteristic protected by applicable federal, state, or local law.
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