Finance and Accounting Assistant Manager

Life’s Good at LG!

At LG, we deliver products and services that make lives better, easier and happier through increased functionality and fun. Put simply, we offer the latest innovations to make “Life Good” – from home appliances, consumer electronics and mobile communications to business innovations in digital signage, air conditioning, solar and LED lighting. As a global leader, we strive for greatness in product leadership, market leadership and people leadership to realize our growth strategies.

We strongly believe that our people’s competitive spirit, proactive leadership, and expertise helps drive the company forward. As such, LG is the right place for you if:

You are a smart cookie. You like to dig into the data and find creative solutions.

You are motivated and driven. You thrive on a challenge and want to be No. 1.

You are a people person. You like helping people out and you want to understand where they’re coming from.

You’re honest and you will speak up (politely, of course!), but you do it because you care and because it’s the right thing to do.

The Opportunity

This is a fantastic opportunity to join our Finance and Accounting Team as a Finance & Accounting Manager. Our Finance and Accounting Team processes and analyses all costing for LGEUK as a whole, ensuring that all budgets are adhered to by all departments, thus ensuring the company is generating maximum profits.

As a Finance & Accounting Manager, you will be involved in a wide array of accounting tasks, from report preparation to payments review, bank statement reconciliation and cash flow forecasting.

Your Role & Responsibilities

• Ensures a swift and accurate accounting closing on a monthly basis to guarantee that reporting is produced in a timely manner
• Liaises with other departments to get month end accruals with supporting documents
• Generates various inventory reports for the month end, analyses the variance and shares with relevant departments
• Provides adequate and concise management account reports as requested by HQ and LGEUK Management Team
• Provide strategic and operational oversight of all financial accounting activities ensuring compliance with standards as well as end to end monthly financial close along with related Notes and CF and year end statutory reporting
• Own the balance sheet reconciliation process and associated review activities, with a focus on ensuring compliance with accounting policies and enhancing quality and control of reconciliations
• Preparation of Company’s Annual report and Accounts to ensure they are accurately on time and approved by the external Auditors
• Co-ordination and management of Quarterly and year-end audit, main point of contact for external auditors
• Management of internal audit
• Manage biannual physical count of inventories and fixed assets
• Reviewing and approving expense claims
• Manage companies tangible assets
• Companies Financial KPI analysis and improvement
• Managing banking operations including Accounts Payable activities, Supplier set up and corporate cards in the organisation whilst following strict due diligence policies
• Payments management for mass payment, DD and same day wire payments
• Prepare 3 months rolling Cashflow forecasting and Cashflow KPI analysis with high accuracy
• Produce weekly & monthly reports for the team

Skills, Education & Experience

• Previous relevant experience in a similar role within a fast-paced business environment is essential
• Korean speaking is advantageous
• You must also be AAT/ACCA/CIMA/ACA part/fully qualified or have equivalent qualification
• Strong working knowledge of Microsoft Office packages with intermediate to advanced Excel skills.
• Experience of Oracle based system is an advantage
• Ability to multi-task and manage multiple work streams to tight deadlines
• Highly focused and capable of sustaining a fast pace in a dynamic environment
• Flexible and willing to adapt to changing business requirements
• Experience of working within a performance management environment – KPIs and Service Level Agreements

Your Benefits

• 9% Employer Contribution into your Pension
• Life Assurance
• Private Healthcare (including optical & dental) for you and your family
• 25 Days’ Annual Leave (+ Public Holidays)
• Staff Discount
• Subsidised Cafeteria

Our Equal Opportunities Statement

LG Electronics U.K. Ltd is an equal opportunities employer. We welcome applications from all suitable persons regardless of race, sex, disability, religion/belief, sexual orientation or age.

Right to Work

Please note that any job offer made will be conditional on the individual holding a legal right to work in the United Kingdom by the time employment commences.