Finance Internship

Finance Intern (Accounts Payable Associate)

LG Chem will become a world-class corporation that creates new value for our customers based on "science," beyond "chemistry."

We are actively searching for a Finance Intern (Accounts Payable Associate) to join our corporate finance team and will support the Business Services Team for North America. The intern is responsible for processing financial transactions, managing invoices and payments, and maintaining accurate financial records. This role focuses on managing the company's financial obligations, maintaining supplier relationships, and optimizing payment processes. This is an excellent opportunity to learn and gain real world experience in Accounts Payable, month end close/analysis, projects or tasks related to Finance.

Qualified candidates must live in the Atlanta, GA area during the Internship.

The goal of this program is to prepare future candidates for LG Chem.

Essential Functions (include but are not limited to):

• Invoice Processing and Review: Review and process invoices received from suppliers. Verify accuracy by comparing invoices with purchase orders and payment terms.
• Payment Management: Ensure timely and accurate processing of invoices and payroll. Verify that payment requests have proper documentation and authorization. Prioritize payments to maximize cash discounts and avoid interest and penalties.
• Financial Record Maintenance: Manage account maintenance and transaction records using ERP system. Prepare account reconciliations and financial reports. Support financial audits.
• Vendor Account Registration: Oversee the vendor registration process, ensuring all necessary documentation is collected and verified. Maintain an up-to-date vendor database and ensure compliance with company policies.
• Cash Pooling Operations: Manage cash pooling operations to optimize liquidity management for participating companies. Ensure efficient use of surplus funds and minimize dependency on external borrowing.
• Reporting and Analysis: Prepare account analysis and reports to understand financial status. Propose improvements to optimize payment processes and increase efficiency.
• Headquarters Response Documentation and Reporting: Prepare and compile response documentation and reports as requested by headquarters. Ensure timely and accurate reporting to support decision-making processes.

Additional responsibilities may be assigned as needed.

Qualifications,

Skills and Experience:

What We're Looking For

Education:

Bachelor's degree required in Accounting, Finance, Economics, or business-related degree from an accredited college or university.

Requirements:

• Interest in pursuing an Accounting or Finance career.
• Strong analytical and problem-solving skills.
• Self-start with desire to learn and work autonomously.
• Participate in month-end/Quarter end/Year end close.
• Excellent communication skills: verbal, written, and presentation.
• Attention to detail.
• Proficiency in the use of PC and Microsoft Office suite (Microsoft Excel, Power Point, Word, etc.)

Work Environment

The working conditions (including the general work environment, and table with physical/mental demands) in this job description reflect the typical conditions you can expect while performing the essential functions of this job. LGCAI provides reasonable accommodations – appropriate changes and adjustments – to applicants and employees to be considered for a job opening, enable them to perform a job, gain access to the workplace, and enjoy the benefits and privileges of employment.

General Work Environment. The work environment characteristics described here are representative of those a team member encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This position is based in a corporate office environment and involves standard office working conditions. This role primarily consists of administrative and professional responsibilities performed in an indoor office setting, including the regular use of computers, telephones, and other office equipment.

The work environment is collaborative and fast-paced, requiring interaction with employees and stakeholders across the organization during regular business hours.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, gender, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any characteristic protected by applicable federal, state, or local law.