Jaein Lee
Accounting Manager at KT&G USA- Claim this Profile
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Bio
Experience
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KT&G USA
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United States
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Tobacco Manufacturing
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1 - 100 Employee
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Accounting Manager
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Sep 2019 - Present
• Review and confirm all general ledger and Financial Statement for the monthly closing for $600 million yearly gross sale wholesale business selling to major wholesalers in the United States. • Support and provide details for external audits for quarterly review and yearly audit and tax return filings done by big 4 accounting firms. • Prepare a quarterly reporting package per IFRS for the HQ consolidated financial statement in South Korea. • Prepare schedule and record per the Lease accounting standards, ASC 842 for 100 autos and 6 leasing spaces. • Create and manage an AR aging report and maintain $0 overdue AR balance. • Provide training for 6 team members including AP, AR, and senior accountant to improve skills and efficiency. • Invent the monthly payment schedule and provide training for each team and build communication lines between teams. • Received the certificate as the top performer every year from the HQ office in S. Korea.
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Bogopa Service Corp/ Food Bazaar Supermarket
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United States
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Retail
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100 - 200 Employee
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Tax and Compliance Manager
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Dec 2009 - Aug 2019
• Confirm and update general ledgers for bank reconciliation, payrolls, sales receipts and invoices, accruals, etc. • Review and verify the accuracy of Balance Sheet and Income Statement - $700 Million yearly gross sales • Investigate and reconcile fixed assets schedules • Prepare and support audits for Sales tax and Payroll tax returns • Review $4 Million premium Insurance and Loss Run – Commercial Package, W/C, Disability Benefit, Auto Ins. • Apply and manage licenses and permits in NY, NJ, CT • Organize over sixty companies’ file and document • Implement new procedures for other incomes cycle such as Lotto Income, Western Union Income, etc.
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Education
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Baruch College
Accounting BBA, Accounting