HYH America Inc. is a U.S.-based subsidiary of hy Co., Ltd., a South Korean leader in fermented dairy, functional beverages, and health-focused nutrition with over 50 years of innovation. Building on hy's legacy of pioneering wellness solutions for millions of households, HYH America represents the company's strategic expansion into the United States market.
More than a product-driven business, HYH America is a purpose-led venture committed to shaping everyday lifestyles. Our mission is to inspire Healthier Habits and Happier Cultures, bringing together thoughtfully crafted wellness products, community, and cultural experiences to create a more balanced and joyful way of living. Through health innovation, authentic collaborations, and culturally relevant engagement, HYH America is redefining how wellness is experienced across America and beyond.
JOB OVERVIEW
The AP/AR Accountant is responsible for managing the Company's accounts receivable and accounts payable functions, ensuring timely processing of accurate customer invoicing, effective collection of outstanding receivables, and vendor payments. This role places a strong emphasis on Accounts Receivable by proactively managing customer accounts, collections, cash application, and aging analysis to support healthy cash flow. The position also assists with month-end close, account reconciliations, financial reporting, and maintaining compliance with accounting policies and internal controls.
This is a fulltime, exempt position, fully on-site based at our Irvine, CA office.
ROLES AND RESPONSIBILITIES
1. Accounts Receivable (60%)
- Generate and issue accurate customer invoices in accordance with company policies and contractual terms.
- Monitor customer accounts to ensure timely receipt of payments and proactively follow up on outstanding balances.
- Manage the collections process by communicating with customers regarding overdue invoices while maintaining positive business relationships.
- Prepare and analyze AR aging reports; identify delinquent accounts and recommend appropriate collection actions.
- Apply customer payments accurately to the appropriate invoices and reconcile payment discrepancies.
- Research and resolve billing disputes, short payments, deductions, chargebacks, and unapplied cash in collaboration with Sales, Customer Service, and Operations.
- Establish and maintain accurate customer account records, payment terms, and credit documentation.
- Assist management in evaluating customer creditworthiness and monitoring credit limits.
- Prepare weekly and monthly accounts receivable reports, collection forecasts, and cash receipt summaries.
- Support initiatives to improve Days Sales Outstanding (DSO) and overall cash collection performance.
- Ensure compliance with internal controls and company policies related to revenue recognition and receivable management.
2. Accounts Payable (30%)
- Process vendor invoices accurately and timely while ensuring proper coding and approvals.
- Prepare weekly payment runs via check, ACH, wire transfer, and other approved payment methods.
- Reconcile vendor statements and resolve invoice discrepancies with suppliers.
- Maintain vendor records, including W-9 documentation and payment information.
- Respond to vendor inquiries regarding payments and account balances.
- Monitor outstanding payables and assist in managing cash disbursement schedules.
- Ensure compliance with company purchasing policies and approval workflows.
3. General Accounting (10%)
- Perform monthly bank, AR, AP, and general ledger account reconciliations.
- Assist with month-end and year-end closing activities.
- Prepare journal entries related to receivables, payables, accruals, and cash transactions.
- Maintain accurate accounting records and supporting documentation.
- Support internal and external audits by providing requested documentation.
- Assist with sales tax, 1099 preparation, and other regulatory reporting as assigned.
- Recommend process improvements to enhance efficiency, accuracy, and internal controls.
- Perform other accounting and finance duties as assigned.
QUALIFICATIONS
Qualification
- Bachelor’s degree in Accounting, Finance, or a related field
- 3+ years of accounting experience with significant responsibility in Accounts Receivable.
- Experience managing full-cycle Accounts Payable.
- Experience with collections, cash application, account reconciliations, and month-end close.
- High level of integrity, accuracy, and attention to detail.
Preferred Qualification
- Prior food & beverage or CPG industry experience strongly preferred.
- CPA, CMA, or equivalent professional certification strongly preferred.
- Experience improving AR processes and reducing outstanding receivables.
- Experience with credit management and customer account analysis.
- Experience creating AR metrics and management reporting.
- Knowledge of sales tax regulations and 1099 reporting.
- Bilingual proficiency in English & Korean is preferred.
Core Competencies
- Strong understanding of accounting principles and GAAP.
- Excellent analytical and problem-solving skills.
- High attention to detail with strong organizational and time management abilities.
- Strong written and verbal communication skills with the ability to build positive relationships with customers, vendors, and internal stakeholders.
- Advanced proficiency in Microsoft Excel, including formulas, PivotTables, and lookup functions.
- Ability to manage multiple priorities while consistently meeting deadlines.
- Ability to maintain confidentiality and exercise sound professional judgment.
- Continuous improvement mindset with the ability to identify and implement process enhancements.
PHYSICAL DEMANDS & WORK ENVIRONMENT
- Must be able to remain in a stationary position and operate office equipment for a prolonged period of time.
- Physical activities include, but are not limited to constant manual dexterity, moving about the work site, and/or handling objects weighing up to 20 lbs.
- Other infrequent physical activities include, but not limited to, positioning self to complete assigned tasks, and ascending/descending floors and/or ladders.
- Must be able to work in a schedule that commensurate with business operation, including work during weekends, holidays and/or times outside of normal business hours.
COMPENSATION
- Base salary range: $70,000 - $90,000 per year, commensurate with experience, qualifications, and demonstrated expertise.
Equal Opportunity Statement
HYH America is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.