LGE Canada

  • Credit / Treasury Manager

    Location CA-ON-North York
    Posted Date 1 month ago(12/17/2018 4:13 PM)
    Job ID
    2018-1611
    # Positions
    1
    Category
    Credit and Collections
  • Overview

    LG Electronics is looking for a candidate to fill a position in our Finance and Accounting Division. As a successful Candidate, you are responsible for Cash Management, Corporate Card Management, Customer Master Management, Credit Management, Bad AR Monitoring and other Treasury/Credit tasks 

    Responsibilities

    Area of Responsibility

    Key Activities/Elements

    Credit Functions

    □ Develop standard written policy documentation related to the credit and customer set up process

    □ Interface with sales/service organization to communicate credit decisions and ensure timely review of new/existing customers’ accounts

    Administration of customer credit files and manage customer master

    □ Maintain relationship with collection agencies, insurance companies, legal department & other internal/external parties

    □ Monitor violation of credit policies or any changes in financial stability, payment term, legal name/ownership and re-evaluate credit terms accordingly

    □ Manage AR Aging to minimize company’s exposure to bad debt.

    □ Ensure accurate and timely filing/reporting  of Bad Debt  to insurance company & top management (CFO/EO)

    □ Responsible for establishing monthly Bad Debt Reserves

    □ Responsible for periodic credit reviews

    □ Timely resolve credit issues with stakeholders

    □ Responsible for management reporting

    □ Oversee cash application process

    □ Other duties and projects as assigned

    Treasury Functions

    □ Responsible for Weekly Payment Run (Wire/EFT/Cheque/EDI/Affiliate Netting, Etc.)

    □ Submit Monthly/Weekly Cash Flow Forecast

    □ Monthly Bank Reconciliation

    □ Monitor AP/Cheque Aging

    □ Responsible for updating signing officers with banks

    □ Responsible for payment return, recall, stop payment, etc.

    Maintain relationships with Banks & Regional Treasury Center (RTC)

    □ Oversee Corporate Card Administration & card aging and manage relations with cardholders/corporate card company

    Reinforce the corporate card policy

    Support internal/external audits and Month-end & Year-end closing

    □ KPI Monitoring and reporting

    Collaborate with other teams (e.g. AR, Accounting, IT. Service)

    Ad Hoc

    □ Risk Management Projects  for Treasury/Credit Functions

    □ Treasury/Credit Regular/Irregular Reports

    □ Assist upper  manager with special projects when required

    Manage any Ad-hoc projects in relation to Credit/Treasury

    Qualifications

     

    Education level and/or relevant experience(s)

    §  Bachelor Degree in Finance, Business, or Accounting

    §  Bilingual (English/Korean) preferred

    §  3+ years credit experience

    §  Familiarity with Accounts Receivable, Accounts Payable, Insurance Policy & Procedure

    Knowledge and skills (general and technical)

    §  Excellent verbal & written communication, customer service, problem solving , interpersonal and  organizational skills

    §  Ability to multi-task, work under pressure, meet deadlines

    §  Strong attention to detail is required

    §  Intermediate proficiency with computer skills, including Excel,  Word , PowerPoint, Outlook  and ability to learn other software

    §  Ability to work well in a team environment.

    §  Highly motivated, goals oriented individual who enjoys customer contact and is passionate about problem solving.

    §  High Sense of Security/Confidentiality

    §  Highly motivated self-starter

    §  Maintain the highest standards of ethical conduct

     

     

     

    Note: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.

     

    LG Electronics Canada Inc., is an Equal Opportunity Employer.   In accordance with the Accessibility for Ontarians with Disabilities Act (AODA), and the Ontario Human Rights Code, LG Electronics Canada Inc., will provide accommodations throughout the recruitment, selection and/or assessment process to applicants with disabilities.   If selected to participate in the recruitment, selection and/or assessment process, please inform LG’s Human Resources staff of the nature of any accommodation(s) that you may require in respect of any materials or processes used to ensure your equal participation.  

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