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Accounting & Finance Generalist
2 weeks ago
[Job Description] Accounting & Finance
Job Title: Accounting & Finance Generalist
Reports To: CFO
Location: Los Angeles, CA
Status: Full Time, Exempt
Job Summary
The Accounting and Finance Generalist is responsible for performing finance-related duties on a professional level and works closely with the CFO (including HQ in Korea) to oversee financial reporting and analysis. This position carries out responsibilities in the following functional areas: financial performance reporting, budget management, accounts payable and receivable, compliance with financial regulations, and collaboration on audit processes.
Essential Functions and Main Responsibilities:
Accounting & Finance
- Record and report financial statements and indicators (FCF, debts, inventory) in communication with HQ
- Analyze financial performance to manage receivables and payables turnover rates and inventory turnover days
- Prepare consolidated financial statements (e.g., IFRS closing, intercompany transactions)
- Manage operating expenses, including general and employee expenses
- Oversee the establishment and management of financial systems
- Facilitate external audits and issue audit reports
- Handle tax compliance in the U.S. (federal, state corporate taxes, sales tax, etc.) and manage related issues
- Issue transfer pricing reports and address related issues
- Establish tax strategies and identify/exploit various tax credits
- Manage and report the company's cash status and oversee account management (including new accounts) and fund transfers
- Issue and manage corporate cards
- Handle funding matters and communicate with HQ
- Prepare annual reports (once a year) and address additional tasks for state registration
- Contract with accounting firms (accounting, tax, consulting, etc.) and execute networking operations
- Establish and manage financial authority regulations
- Collaborate with senior management (including HQ) on Accounting and Finance issues, following up with Finance planning and internal policies, including system implementation and rule reviews; regular communication with HQ and reporting in Korean is required
- Perform other related duties as required and assigned
Management
- Develop and manage strategic business plans
- Monitor and manage Key Performance Indicators
- Oversee and manage monthly performance metrics
- Manage contracts for commercial insurance and credit insurance
- Perform other related duties as required and assigned
Competencies
- Thorough understanding of financial reporting and analysis processes, as well as applicable policies and federal, state, and local financial regulations
- In-depth knowledge of accounting principles and financial regulations
- Excellent time management skills with a proven ability to meet deadlines
- Strong verbal and written communication skills
- Strong interpersonal and customer service skills
- Exceptional organizational skills and attention to detail
Required Education and Experience
- BA/BS Degree in Accounting, Finance, or a related field, or equivalent work experience required
- Experience in financial reporting and analysis is essential
- A minimum of 5-7 years of experience in accounting or finance roles required
- CPA or other relevant financial certification is a plus
- Proficient with Microsoft Office, especially Excel and PowerPoint
- Bilingual in English/Korean strongly preferred (Korean: business-level proficiency)
Travel
Local: less than 10%
