Accounting Specialist

CJ OLIVE YOUNG USA; Los Angeles (CA); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

401(k) with Company Match

Employee Discount Program

Lifestyle Allowance

Mobile Phone Plan Reimbursement

Health/Dental/Vision/Life Insurance

Generous Paid Time Off

Flexible Work Hours

Wellness Days

Creative Leave

Monthly Team Building Budget and Other

Job summary

CJ Olive Young USA, Inc. is seeking an Accounting Specialist to support accurate and efficient financial operations in Los Angeles. You will manage daily accounting transactions, assist with month-end close, and ensure GAAP compliance across the finance function.

The role requires detail orientation, collaboration with Procurement, Store Ops, and HQ Finance, and a proactive approach to process improvements in a growing retail business with a global footprint.

Qualifications

• Bachelor’s degree in Accounting, Finance, Mathematics, or related field.
• Minimum 1 year of hands-on accounting experience.
• Strong GAAP knowledge and core accounting principles.
• Proficiency in Excel and accounting systems (QuickBooks, SAP, etc.).
• Bilingual preferred (English: Professional; Korean: Conversational).

Responsibilities

• Process and review daily accounting transactions including vendor invoices, customer billings, bank activities, and expense reimbursements.
• Monitor accounts payable and accounts receivable balances, perform reconciliations, and manage payment and collection schedules to maintain healthy cash flow.
• Prepare journal entries, accruals, and adjusting entries related to payables, receivables, and general expenses as part of the monthly close process.
• Reconcile general ledger accounts, vendor statements, and customer balances, investigating and resolving discrepancies proactively.
• Support month-end and year-end closing activities by preparing detailed schedules, roll-forwards, and account analyses for management and auditors.
• Assist in maintaining vendor and customer master data, ensuring all tax documents and banking information are current and compliant.
• Coordinate with cross-functional teams including Procurement, Store Operations, and HQ Finance to ensure accounting accuracy for purchase orders, inventory-related transactions, and sales settlements.
• Prepare AP/AR aging reports and provide variance or trend analysis to management for cash flow and working capital planning.
• Participate in system and process improvement initiatives, including ERP updates, automation of AP/AR workflows, and implementation of internal control procedures.
• Support external and internal audits by providing supporting documents, reconciliations, and explanations as required.
• Maintain organized documentation and ensure all accounting records comply with company policies and GAAP standards.

Skills

Attention to detail

Multitasking

Education

Bachelor’s degree in Accounting, Finance, Mathematics, or a related field

Tools

Excel

QuickBooks

SAP

Job description

Benefits

• 401(k) with Company Match
• Employee Discount Program
• Lifestyle Allowance
• Mobile Phone Plan Reimbursement
• Comprehensive Health/Dental/Vision/Life Insurance
• Generous Paid Time Off
• Flexible Work Hours
• Wellness Days
• Creative Leave
• Monthly Team Building Budget and Additional employee benefits.

About Us

CJ Olive Young introduced the first Korean Health & Beauty store in 1999, pioneering the industry and becoming Korea’s No. 1 Health & Beauty store. With over 1,390 stores across Korea and a global network reaching 150 countries, OLIVE YOUNG is now evolving into a Global Lifestyle Platform that brings the best of Health & Beauty to customers worldwide.

CJ Olive Young USA, Inc. is a dynamic Health & Beauty retailer specializing in skincare and cosmetics in North America! As we expand, we are also curating a selection of local U.S. beauty brands, bringing innovative and high-quality products to our customers.

Job Summary

We are seeking an Accounting Specialist to support the accuracy and efficiency of our financial operations. This role will focus on managing daily accounting transactions, supporting month-end close, and ensuring compliance with internal controls and GAAP standards. The ideal candidate is detail-oriented, collaborative, and eager to contribute to a growing retail business with a global footprint.

What You’ll Do

• Process and review daily accounting transactions including vendor invoices, customer billings, bank activities, and expense reimbursements to ensure timely and accurate recording.
• Monitor accounts payable and accounts receivable balances, perform reconciliations, and manage payment and collection schedules to maintain healthy cash flow.
• Prepare journal entries, accruals, and adjusting entries related to payables, receivables, and general expenses as part of the monthly close process.
• Reconcile general ledger accounts, vendor statements, and customer balances, investigating and resolving discrepancies proactively.
• Support month-end and year-end closing activities by preparing detailed schedules, roll-forwards, and account analyses for management and auditors.
• Assist in maintaining vendor and customer master data, ensuring all tax documents and banking information are current and compliant.
• Coordinate with cross-functional teams including Procurement, Store Operations, and HQ Finance to ensure accounting accuracy for purchase orders, inventory-related transactions, and sales settlements.
• Prepare AP/AR aging reports and provide variance or trend analysis to management for cash flow and working capital planning.
• Participate in system and process improvement initiatives, including ERP updates, automation of AP/AR workflows, and implementation of internal control procedures.
• Support external and internal audits by providing supporting documents, reconciliations, and explanations as required.
• Maintain organized documentation and ensure all accounting records comply with company policies and GAAP standards.

Qualifications

• Bachelor’s degree in Accounting, Finance, Mathematics, or a related field
• Minimum 1 years of hands-on accounting experience
• Solid understanding of GAAP and core accounting principles
• Proficiency in Microsoft Excel and accounting systems (e.g., QuickBooks, SAP, or similar)
• Strong attention to detail and ability to manage multiple priorities
• Bilingual Preferred (English: Professional Level / Korean: Conversational Level)

Additional Information

• CJ OLIVE YOUNG USA, Inc. will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with applicable federal, state, and local laws, including the California Fair Chance Act and the City of Los Angeles Fair Chance Initiative for Hiring Ordinance.
• Benefits described herein are subject to the terms and conditions of the applicable benefit plans. The Company reserves the right to modify or terminate its benefit plans at any time, with or without notice, in accordance with applicable law.

Equal Employment Opportunity Statement

CJ OLIVE YOUNG USA, Inc. is an equal opportunity employer committed to creating an inclusive environment for all employees. We believe in hiring with empathy and strive to build a diverse workforce that reflects our community. We do not discriminate based on race, religion, color, national origin, gender, gender identity or expression, sexual orientation, age, genetic information, marital status, veteran status, disability status, or any other characteristic protected by law. All qualified applicants are encouraged to apply and will receive consideration without regard to these factors.