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About Hyundai GLOVIS America Inc.
GLOVIS America, Inc. is a third-party logistics provider headquartered in Irvine, CA. Since our inception in 2002, we are committed to delivering our customers products via truck, rail, or ocean vessel throughout the U.S., Canada, and Mexico. Glovis America makes every effort to exceed standards by providing quality service to our customers and vendors of the automotive, freight forwarding, parts distribution, used car, and fuel industries. We cater logistics strategies and processes to our customers' needs by utilizing the latest information systems and advanced technologies.
Summary
This position is responsible for maintaining accurate accounting of Revenue and Cost of Port Processing Business, analyzing financial activities and profitability, and reporting the findings to management.
Responsibilities
Month End Closing and Reporting
Calculate Earned Revenue in compliance with US GAAP and IFRS
Calculate monthly revenue accrual for Transportation Business, confirming Revenue contract Rates and ITMS shipment Data of Earned Revenue for the closing period
Identify and accrue any other unbilled revenue by analyzing ITMS Transportation Cost and Manual Invoices. Investigate unbilled revenue and provide explanation for aging
Prepare monthly Non-Standard accruals for Lucid Shipments
Track Incremental Cost, Standard Deviations, Backup Carrier, Rail to Truck Shipment, etc.
Variance Analysis and Profitability Analysis
Responsible for Post-closing analysis and assigned TP Financial Index Reports
Must acquire understanding of TP Business and work collaboratively with VL Team to provide meaningful analysis of P&L, Sales-mix, Shipment deviations, etc of TP Business
Will analyze variances by: Actual vs. Business Plan, Month to Month Analysis, Month vs. YTD analysis
Monitor the current business trends and provide forecast analysis upon request
Update Monthly Power BI Reports as needed
Routine Verification, Red Folder, and Business Plan
Perform routine verification of standard vendor rates and standard billing rates for its accuracy compared to contracts
Perform routine verification of document postings in SAP (manual & ITMS)
Review Operation Department’s annual Business Plan. This would require an in-depth analysis of
comparing the Business Plan to the Actuals for the current year and the year prior. Confirming all
assumptions made by Operations to plan for any significant modifications in the business.
Red Folder Scenario Analysis or Contract review and Feasibility analysis. Responsible for understating the specific changes that are going to be made with our Customer or Vendors, whether it is a rate increase/decrease, establishing a new rate opening/closing a port, changing transportation routes, modifying the way in which the vehicles are processed or delivered, etc. and advising Controller and Operations of Financial concerns or findings
Follow up with Third Party Auditor
Ensure all the financial activities meet the internal guideline
Prepare all the backup to prove the test results with Auditors
Maintain all converted worksheets for Auditors
Compensation Range
Benefits of working at Hyundai GLOVIS America Inc.
*Benefits may vary by location. All benefits pursuant to Company policy.
Skills
Education & Experience
Physical Requirements
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this job.
Working and Environmental Conditions
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
The above statements are intended to describe the general nature of work performed by employees assigned to this position. They are not intended to be a complete list of all job duties performed by persons in the position. Glovis America reserves the right to revise or amend duties at any time as the needs of the company and requirements of the job change.
Other
Transportation
$80k-100k (estimate)
06/02/2024
09/30/2024
america.glovis.net
IRVINE, CA
500 - 1,000
2002
B O N G JEONG KO
$50M - $200M
Transportation
The job skills required for Senior Financial Analyst include Analysis, Accounting, Economics, Billing, Microsoft Excel, Variance Analysis, etc. Having related job skills and expertise will give you an advantage when applying to be a Senior Financial Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Senior Financial Analyst. Select any job title you are interested in and start to search job requirements.
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