Assistant Manager, Finance
ECOPLASTIC AMERICA CORP · ECOPLASTIC AMERICA - Register, GA 30452
Job Title: Assistant Manager, Finance
Key Responsibilities
Accounting & Financial Closing
- Prepare and review accounting journal entries in SAP and maintain the accuracy and integrity of financial records.
- Perform monthly, quarterly, and annual closing activities and prepare related supporting documentation.
- Assist in preparing financial statements, including the Balance Sheet (B/S), Profit and Loss Statement (P/L), and Cash Flow Statement (C/F).
- Manage Accounts Receivable (AR) and Accounts Payable (AP) balances and coordinate reconciliation and settlement activities with relevant departments.
- Review accounting entries and account balances related to fixed assets, depreciation, prepaid expenses, leases, and borrowings.
- Prepare accounting documentation and support external financial audits and tax filings.
Treasury & Banking
- Review daily cash position reports and weekly cash flow reports.
- Monitor bank accounts and deposit balances and reconcile bank transactions with SAP accounting records.
- Support the review and reconciliation of fund disbursements, bank transfers, and corporate credit card transactions.
- Maintain records of short-term and long-term borrowings, interest expenses, and debt repayment schedules.
- Prepare financial documentation required for bank loan reviews, credit evaluations, and other requests from financial institutions.
- Support routine communication and documentation submissions to banks and other financial institutions.
Budget & Business Planning
- Prepare supporting financial data and documentation for annual business planning and budgeting.
- Monitor departmental Operating Expenditure (OPEX) and Capital Expenditure (CAPEX) budgets and actual spending.
- Analyze budget-to-actual variances and report key reasons for significant deviations.
- Track capital expenditures and prepare supporting information for investment planning and financial feasibility analysis.
- Collect and analyze financial data to support sales, expense, and profitability forecasts.
Cost & Profitability Analysis
- Analyze monthly sales revenue, cost of goods sold, manufacturing expenses, and selling, general and administrative (SG&A) expenses.
- Perform profitability variance analysis against business plans and identify key factors driving financial performance.
- Analyze changes in major cost components, including material costs, labor costs, and manufacturing overhead.
- Collaborate with production, purchasing, and other relevant departments to validate cost and inventory-related financial data.
- Consolidate departmental cost-saving results and evaluate the financial impact of cost-reduction initiatives.
- Prepare profitability and expense analysis reports for management review.
Financial Reporting & Internal Control
- Prepare periodic financial reports for the Korean headquarters and management of the U.S. entity.
- Verify the accuracy of financial information and review significant accounts for unusual transactions and accounting errors.
- Support compliance with company policies, internal controls, and established approval procedures for accounting, expenditures, and payment transactions.
- Identify opportunities to improve financial processes and operating procedures and assist in implementing process improvements.
- Perform other finance-related duties as assigned.