Accounting Manager

Who We Are

Factorial Energy is a pioneering U.S.-based solid-state battery company driving the future of energy storage and electrification. Partnered with global leaders including Mercedes-Benz, Stellantis, Hyundai, and Kia, Factorial is at the forefront of developing next-generation e-mobility platforms for commercial, defense, and consumer applications—spanning electric vehicles (EVs), drones, eVTOL aircraft, power tools, marine systems, robotics, and more. The company has achieved multiple industry firsts, including being the first to power a demonstration vehicle with a global OEM (Mercedes- Benz) which achieved over 1,200 km (749 mi) of range, and the first to earn UN 38.3 certification for automotive-sized lithium-metal solid-state cells, the first to deliver B-samples of automotive-sized solid-state batteries to major OEMs. 

The Opportunity:

Factorial Energy is seeking an Accounting Manager to join our team at our Cheonan, South Korea site. This person will be responsible for managing the general ledger and reviewing journal entries, owning inventory and cost accounting for our manufacturing operations, and reviewing and approving accounts payable transactions, among other general operational accounting tasks. The ideal candidate will bring strong manufacturing cost accounting experience, solid knowledge of both US GAAP and Korean statutory accounting requirements, and the ability to partner closely with our global finance and operations teams.

In this role, you will:

• Manage the general ledger for the South Korea entity, ensuring transactions are recorded accurately and on time in accordance with US GAAP and Korean statutory requirements.
• Review and approve journal entries prepared by the local accounting team, ensuring proper support, account coding, and adherence to close deadlines.
• Own inventory and cost accounting for the manufacturing operation, cost allocations, and analysis of purchase price, labor, and overhead.
• Oversee inventory valuation, cycle counts, and physical inventory processes in partnership with manufacturing and supply chain teams.
• Review and approve accounts payable transactions, ensuring proper authorization, coding, and compliance with company policy and local regulations.
• Lead the monthly, quarterly, and annual close process for the South Korea entity, including account reconciliations and supporting schedules.
• Coordinate with external auditors, tax advisors, and government authorities on statutory audits, tax filings, and regulatory compliance in South Korea.
• Prepare local statutory financial statements and support consolidation with the corporate US accounting team.
• Design, document, and maintain internal controls over the general ledger, inventory, and accounts payable processes.