Treasury Specialist at SAMYANG AMERICA INC

Brea, California, United States -

Full Time

Start Date

Immediate

Expiry Date

06 Feb, 26

Salary

70000.0

Posted On

08 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Treasury Operations, Cash Management, Financial Reporting, Analytical Skills, Communication Skills, Microsoft Excel, SAP, Foreign Currency Transactions, Intercompany Funding, Bank Payment Operations, Account Management, Cash Flow Analysis, Compliance, Internal Controls, Cross-Functional Collaboration, Time Management

Industry

Food and Beverage Services

Description

Treasury Specialist About Samyang America Samyang America stands as the #1 Gen Z brand, boldly shaping the future of food culture with innovative flavors, viral trends, and unforgettable brand experiences. We don’t just create food - we craft moments that spark excitement, inspire connection, and celebrate bold individuality. Our mission is to bring daring, delicious products to the market that resonate deeply with the next generation of food lovers. From iconic spicy noodles to creative new launches, we are driven by passion, creativity, and a commitment to pushing the boundaries of taste and culture. At Samyang America, you’ll join a dynamic team that thrives on innovation, collaboration, and a shared love for bold flavor experiences. We value fresh ideas, energetic spirit, and the courage to lead trends rather than follow them. If you’re ready to be part of a brand that’s more than just food - a brand that moves culture and creates unforgettable moments - join our team today! Position Summary: We are looking for a Treasury Specialist to join our team and manage the company’s daily treasury operations, including bank payments, account management, SAP ERP system postings, and cash flow reporting. This role ensures efficient cash management, accuracy in financial transactions, and compliance with internal controls and policies. Key Responsibilities: * Bank Payment Operations * Prepare, review, and process daily payments * Execute wire, ACH, and other electronic payments via online banking systems. * Manage payment approvals to ensure timely and accurate disbursement. * Bank Account Management * Maintain and update bank account master data and signatory records. * Contract with banks for system access, user management, and issue resolution. * Cash Management & Forecasting * Monitor and reconcile daily cash positions across all entities. * Forecast short- and mid-term cash requirements based on inflows/outflows. * Optimize cash utilization and coordinate intercompany funding as needed. * Cash Flow Statement Preparation & Analysis * Prepare monthly and quarterly cash flow statements (direct and/or indirect method). * Analyze key variances between forecasted and actual cash flows. * Compliance & Internal Control * Maintain complete and accurate documentation of all treasury transactions. * Support internal/external audit requests and ensure K-SOX compliance where applicable. * Others * Collaborate with IT and Accounting teams to resolve system interface issues and improve accuracy. * Monitor foreign currency transactions and support FX exposure analysis. * Coordinate with Accounting, FP&A, and other teams to ensure consistency of cash flow data and reporting. * Support communication with HQ Treasury and external banking partners on routine and ad hoc matters. Requirements: * Bachelor’s degree in Finance, Accounting, Economics, or Business Administration. * 2–3 years of experience in Treasury, Accounting, or Finance operations. * Broad experience in using various online banking systems for payments and account management. * Solid understanding of cash management and financial reporting. * Strong analytical skills and attention to detail, especially in cash flow preparation. * Excellent communication and coordination skills for cross-functional collaboration. * Ability to handle time-sensitive tasks and work under tight deadlines. * Proficient in Microsoft Excel. * Proficiency in SAP is a plus * Knowledge of FX transactions, cash pooling, or intercompany funding is a plus. * Experience in multi-entity, cross-border treasury operations is a plus. * Experience with multinational online banking platforms such as CitiDirect is a plus. * Bilingual in English and Korean required The base salary for this position is between $55,000.00 and $70,000.00 per year. Actual compensation will depend on a variety of factors, including qualifications, experience, and location. This position may also be eligible for additional compensation and benefits, including an annual incentive bonus, medical/dental/vision insurance, life insurance, PTO/FTO, and a 401(k) plan with company match. Equal Employment Opportunity Employer: Samyang America is committed to providing equal employment opportunities to all individuals. We do not discriminate in employment decisions on the basis of race, color, religion, sex, national origin, age, disability, genetic information, or any other status protected by applicable federal, state, or local laws.

Responsibilities

The Treasury Specialist will manage the company’s daily treasury operations, including bank payments, account management, and cash flow reporting. This role ensures efficient cash management and compliance with internal controls and policies.