12-Month Finance Internship
About The Position
LG Chem is seeking a Finance Intern (Accounts Payable Associate) to support the Business Services Team for North America. This role involves processing financial transactions, managing invoices and payments, and maintaining accurate financial records. The intern will focus on managing financial obligations, maintaining supplier relationships, and optimizing payment processes. This is a 12-month program designed to provide real-world experience in Accounts Payable, month-end close/analysis, and other finance-related projects, with the goal of preparing future candidates for LG Chem. Qualified candidates must reside in the Atlanta, GA area during the internship.
Requirements
- Bachelor’s degree required in Accounting, Finance, Economics, or a business-related degree from an accredited college or university.
- Interest in pursuing an Accounting or Finance career.
- Strong analytical and problem-solving skills.
- Self-starter with a desire to learn and work autonomously.
- Ability to 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.).
- Must live in the Atlanta, GA area during the Internship.
Responsibilities
- Review and process invoices received from suppliers, verifying accuracy against purchase orders and payment terms.
- Ensure timely and accurate processing of invoices and payroll, verifying proper documentation and authorization.
- Prioritize payments to maximize cash discounts and avoid interest and penalties.
- Manage account maintenance and transaction records using the ERP system.
- Prepare account reconciliations and financial reports, and support financial audits.
- 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.
- Manage cash pooling operations to optimize liquidity management for participating companies.
- Prepare account analysis and reports to understand financial status.
- Propose improvements to optimize payment processes and increase efficiency.
- Prepare and compile response documentation and reports as requested by headquarters.
- Ensure timely and accurate reporting to support decision-making processes.
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What This Job Offers
Career Level
Intern
