Manager, Business Management

Job Description

Job Description

Title: Business Analysis Manager

Reports to: Sr. Manager, Administration

Location: Holland, Mi. (On-site)

LG Energy Solution Michigan, Inc. (LGESMI) develops and manufactures large lithium ion polymer batteries and packs for electric vehicle (EV) and energy storage applications. LGESMI is a wholly-owned subsidiary of LG Chem, a South Korean company that has global operations focused on petrochemical products, information/electronic materials, and energy solutions. Come join the leader in advanced EV batteries!

Summary:

Key success indicators for this position are achieving financial and operational excellence of the company by contributing to business and financial analysis, continuous improvement initiatives, setting up and utilizing financial models, conducting detailed variance analysis, assisting with reporting and responding to ad hoc reporting requests. Also responsible for collecting and studying the financial and operational data to analyze profitability of the business, preparing financial reports and account analysis, communicating with various levels of the organization, and providing information to LGESMI staff regarding accounting practices and procedures.

Primary Responsibilities:

• Leadership, performance management and talent development of business analysis staff.
• Supervise and improve accounting processes and procedures promoting innovation & efficiency to the team.
• Perform variance analyses to provide accurate and timely financial recommendations to management and operations.
• Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses, capital expenditures, product and customer trends, and working capital.
• Prepare financial forecasts, collaborating with cross-functional teams, and upload the forecast data via financial data management system.
• Develop and monitor cost center/departmental budgets, helping operations keep track of actual spending and stay within budget.
• Perform day-to-day and monthly general accounting tasks and oversight as assigned.
• Lead the inventory management initiatives and activities for monthly inventory counts.
• Guide other departments by researching and interpreting accounting policy and applying observations and recommendations to operational issues.
• Accomplish accounting and organization mission by completing special projects as needed.
• Significant auditor interface responsible for responding to internal and external audit requests.
• Reconcile and analyze data to ensure completion and accuracy of key financial information.
• Build financial models in order to evaluate business issues.
• Perform business control risk assessments, collaborating with cross-functional teams and individuals, to identify and document potential risks.
• Perform month-end close process.
• Other responsibilities as assigned.

Qualifications:

• Bachelor’s Degree in Accounting, Finance or other related fields. CPA preferred.
• Minimum 8-10 years’ experience in Accounting/Finance and/or Business Analysis.
• Proven experience with SAP and Excel.
• Experience with financial reporting requirements.
• Experience in budgeting and variance analysis.
• Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles (GAAP)
• Minimum 3 years of experience in supervisory position is required and a candidate must be comfortable leading a team with the ability to build strong working relationships with both internal and external customers, executive management, and colleagues at all levels within the organization.
• Bilingual in English/Korean is preferred.
• Handle confidential information in a discreet and professional manner.