Accounts Payable Analyst III jobs in United States
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LG Chem · 1 week ago

Accounts Payable Analyst III

LG Chem is a leading chemical company that connects science to life for a better future. They are seeking an Accounts Payable Analyst III to oversee full cycle Accounts Payable operations, ensuring accuracy, compliance, and efficiency in processes.

Manufacturing

Responsibilities

Oversee end-to-end AP operations and ensure accuracy, compliance, and process efficiency
Manage the AP document review process and validate the accuracy, completeness, and proper authorization of all invoices
Strengthen internal controls to prevent duplicate or unauthorized payments
Approve and revise payment proposals and strategically manage the payment schedule
Report payment results to stakeholders and communicate key issues promptly
Supervise daily and monthly bank reconciliations to ensure timely and accurate completion
Oversee vendor master data management, including bank account verification and update controls
Lead payment audits and recommend process improvements to enhance compliance and efficiency
Provide guidance and direction to AP team members to improve performance and workflow quality
Lead full-cycle A/P operations and drive process standardization and automation initiatives
Review and approve vendor invoices, expense reports, and credit memos across multiple currencies
Ensure adherence to approval workflows and strengthen internal controls to prevent unauthorized expenses
Resolve discrepancies among purchase orders, receiving records, and invoices, and implement long-term corrective actions
Manage communication with internal and external stakeholders and provide timely reports and insights as needed
Review Trial Balance and AP Aging Reports to identify variances and provide analysis on key fluctuations
Oversee vendor communication processes, maintain complete vendor records, and ensure compliance with reporting requirements
Lead the resolution of invoice processing issues and implement continuous improvement measures
Approve check requests, wire transfers, and ACH payment submissions
Review monthly account reconciliations and address discrepancies through proper follow-up and corrective actions
Lead special projects and departmental initiatives such as system enhancements, automation, or policy updates
Oversee electronic bank feeds and credit card reconciliation processes, ensuring accuracy and proper documentation
Support month/quarter/year-end closing by reviewing cut-off procedures and ensuring timely posting of AP-related transactions
Review supplier statements and reconcile outstanding items to maintain accurate balances
Collaborate closely with the Treasurer and Finance Manager to optimize cash flow and payment planning
Supervise processing of client chargeable disbursements, service invoices, expense reports, and petty cash requests
Review invoice terms, discounts, and approvals to ensure compliance with vendor agreements

Qualification

SAPBusiness Online BankingFull-cycle AP experienceMicrosoft OfficeAnalytical skillsProcess improvementBilingual in EnglishKoreanCommunication skills

Required

Bachelor's degree in finance or accounting or other related fields (business administration, economics, etc.) from an accredited university or program required
Strong knowledge of Business Online Banking (Firm Banking) and SAP systems
Excellent verbal, written, and presentation communication skills
Proficiency in Microsoft Office applications (Excel, PowerPoint, Word)
Strong analytical skills with the ability to interpret and analyze large volumes of financial data
Experience with internal controls, AP process design, and operational oversight

Preferred

Bilingual in English and Korean is a plus
Ability to navigate complex multinational/multicultural organizations
7–12 years of full-cycle AP experience or equivalent supervisory/managerial experience
Experience leading AP process improvement or automation initiatives is a strong plus

Company

LG Chem is a leading global chemical company with a diversified business portfolio in the key areas of petrochemicals, advanced materials, and life sciences.

Funding

Current Stage
Late Stage

Leadership Team

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H.C. ( Hak Cheol ) Shin
Chief Executive Officer
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cheryl Lee
Finance Optimization Expert & Partner at LG Chem
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Company data provided by crunchbase