Ultium Cells Overview:
Ultium Cells is a joint venture lithium-Ion automotive battery cell manufacturing plant between LG Energy Solutions and General Motors. This new construction high-technology plant will have the latest battery cell manufacturing technology. The investment in this new business venture represents a commitment of more than $6 Billion. It will be among the largest battery cell manufacturing plants in the world. Ultium Cells will produce battery cells for General Motors North American electric vehicle applications.
The Ultium cell partners include LG Energy Solutions; the world’s largest manufacturer of automotive battery cells in the world and General Motors a global company committed to delivering safer, better and more sustainable ways for people to get around.
This is an onsite position.
Job Summary:
Ultium Cells seeks a Financial Specialist who is responsible for collecting and studying the financial and operational data to analyze profitability of the business, extracting and defining relevant information. The candidate will dig into complex datasets to analyze trends and translate them into actionable insights for continuous process/profitability improvements. This role also will be able to communicate with cross-functional teams and individuals within the company as well as in the corporate headquarters on a day-to-day basis.
Job Responsibilities:
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Manage Cashflow (analysis and forecast), Bank accounts, borrowing schedule
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Execute the daily/weekly/Monthly payment, closing reconcile, FX trade etc.
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Research and confirm all outstanding AP payment related issues; track payments and update daily bank balance information
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Correspond HQ reports after daily/month-end closing
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Communicate with commercial banks/ make a relation with commercial banks
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Update & maintain accurate banking information & documentation
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Perform due diligence for borrowing, involve with documentation works.
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Perform variance analyses to provide accurate and timely financial recommendations to management and operations
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Create one time and recurring reports as needed for internal usage
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Handle confidential information in a discreet and professional manner
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Meet deadlines, ability to prioritize and be an effective team member
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Develop modeling tools to measure financial performance, identify areas for improvement, and support strategic initiatives
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Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses, capital expenditures, product and working capital
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Assist in preparing forecasts, collaborating with cross-functional teams
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Assists departmental personnel with budget questions, proper expenditure coding, document processing and other accounting related activities
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Assisting in compiling and providing PBC information to internal and external auditors
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Develop and document internal controls, including creating Flowcharts (FC) and Risk Control Matrices (RCM), to ensure robust internal control processes are in place
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Execute control testing by collecting and reviewing samples to assess the design and operational effectiveness of controls; update the RCM as necessary based on findings.
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Conduct operational control testing by evaluating samples to verify the effectiveness of control measures.
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Train department personnel on internal control procedures and RCM practices to foster compliance awareness and standardize control processes
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Oversee monthly financial close processes, reviewing key accounts and ensuring accurate and timely reporting.
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Manage and review long-term accounts and inventory processes to support accurate reporting, efficient resolution of outstanding balances, and compliance with policies.
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Support fixed asset management, including registration, and issue resolution, to maintain accurate asset records.
Requirements and Qualifications:
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Bachelor’s degree in Accounting, Finance or Business Administration
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Experience in Accounting, corporate finance and/or financial analysis preferred
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Advanced MS Excel skills
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Strong analytical, financial modeling, and reporting skills
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Excellent time management and organizational ability
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Strong communication and presentation skills
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Attention to detail
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Bilingual in English and Korean Required
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Must be able to speak and read English
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Knowledge in the manufacturing industry a plus
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SAP experience preferred
Total Rewards Information:
We offer competitive compensation including base pay and incentive compensation opportunities based on the achievement of Company goals. We offer employees paid time off to refresh and recharge. Our total rewards program is designed to enrich your life at work and includes the following benefits:
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100% Employer paid Medical, Dental, and Vision
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Generous paid holidays
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Tuition Assistance for continuing education
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Vehicle Discount Program on General Motors branded vehicles
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Communication Stipend for Personal Cell Phone
We extend equal employment opportunities to qualified applicants and employees on an equal basis regardless of an individual's age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.
Ultium Cells will only employ those who are legally authorized to work in the United States. This is not a position for which Visa-sponsorship will be provided. Individuals who need sponsorship for work authorization, now or in the future, are not eligible for hire for this role.
