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Financial Accounting Analyst
Subaru Camden, NJ
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$80k-98k (estimate)
Full Time 7 Days Ago
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Subaru is Hiring a Financial Accounting Analyst Near Camden, NJ

Job Description
About Subaru
Love. It's what makes Subaru, Subaru®. As a leading auto brand in the US, we strive to be More Than a Car Company®. Subaru believes in being a positive force in the communities in which we live and work, not just with donations but with actions that set an example for others to follow. That's what we call our Subaru Love Promise®.
Subaru is a globally renowned automobile manufacturer known for its commitment to innovation, safety, and sustainability. With a rich history dating back to 1953, Subaru has consistently pushed the boundaries of automotive engineering to deliver vehicles that offer not only exceptional performance but also a unique blend of utility and adventure.
Subaru's company culture is built on collaboration, diversity, and a shared passion for our product. We foster an inclusive environment that encourages employees to bring their unique perspectives and talents to the table. Our team members are driven by a common goal: to create exceptional vehicles that inspire and delight our customers.
Position Summary
Supports Parts Accounting Manager with the Fixed Operations (Parts) supply chain and financial accounting, reporting and analysis, business support, and annual budget and quarterly forecasts in compliance with International Financial Reporting Standards (IFRS) accounting standards, policies and procedures, and Sarbanes Oxley (SOX) internal controls. Serves in a key role supporting the business with projects, decisions, exceptions, and processes.
Responsibilities
  • Performs accounting close responsibilities including but not limited to journal entries, accruals, reconciliations, SOX controls, review and analysis of account activity, reviews, and research to ensure accuracy and completeness under deadlines and in compliance with IFRS and accounting policies.
  • Prepares monthly account reconciliations and variance analysis between actual financial performance and financial projections.
  • Develops, prepares, and presents financial reports and presentations using visual charts to help achieve effective financial reviews.
  • Develops financial budget and forecasts, schedules, and presentations by partnering with business stakeholders and leveraging thorough understanding of revenue and cost drivers; analyzes and reports variances of actuals to budget and forecasts.
  • Maintains responsibility for SOX internal control design and operational effectiveness, assists with mitigation of deficiencies and weakness, and performs updates due to business, process, and system changes.
  • Monitors, controls, and supports inventory activity including review and validation of parts purchase price changes, completes inventory average cost updates, prepares cycle count reports and reviews activity and adjustments, and supports warehouse network with inventory management.
  • Reviews and reports expense and works closely with stakeholders and budget owners to monitor spending against budget and forecast; ensures accurate expense recording and forecasts.
  • Supports cross-functional team members and contributes to projects and issue resolution. Applies understanding of the business, accounting, processes, and IT systems to identify solutions that improve efficiency, effectiveness, and control.
  • Coordinates with the Logistics Group and Distribution team members to analyze, detect, and resolve exceptions in inbound and outbound transportation transactions and claims. Evaluates carrier performance, cost reduction, and process improvement.
  • Conducts transportation study by mode of transportation and then utilizes the model for revenue recognition.
Additional Responsibilities
  • Utilizes math, critical thinking, and technical skills combined with knowledge of accounting standards to gather and analyze data, develop creative analysis to identify opportunities, address issues, and identify solutions.
  • Leverages existing and new systems to improve processes, gain efficiencies, and enhance business and financial insights.
  • Utilizes visual reporting, dashboards, and presentations to effectively share insights and reports.
  • Works on other assigned tasks and projects.
Required Skills and Abilities
  • Strong knowledge and experiences in application of Generally Accepted Accounting Principles (GAAP) or Internal Financial Reporting Standards (IFRS) and SOX
  • Extensive knowledge and experience in preparing journal entries, reconciliations, and analysis in compliance with accounting standards and policies.
  • Strong attention to detail and critical thinking skills to identify and develop solutions to issues and business change, as well as a drive for continuous improvement.
  • Ability to work with and analyze large volumes of data and manage system data constraints.
  • Ability to manage multiple tasks and priorities under deadlines.
  • Advanced knowledge of Microsoft Office products including expert knowledge in Excel.
  • Effective written and verbal communication skills and ability to effectively communicate with all levels of employees within Accounting Department and other business departments.
  • Experience working with Oracle or other ERP system, BI tool, and OneStream or other EPM system.
  • Certified Public Accountant (CPA) preferred.
Education/Experience Requirements
  • Bachelor's degree in accounting required; Bachelor's degree in Finance will be considered with demonstrated, relevant, equivalent 4- 6 years of working experience and technical accounting knowledge.
  • Certified Public Accountant (CPA) preferred.
  • At least five (5) years of work experience in accounting.
Work Environment
  • Hybrid Role: Remote work 2 days per week (After 90 Days Onboarding)
  • Travel Required: Minimal
Compensation: The recruiting base salary range for this full-time position is $67,900 - 90,000 / year. Within the range, individual pay is determined by factors, including job-related skills, experience, and relevant education or training. (P2). In addition to competitive salary, Subaru offers an amazing benefits package that includes:
  • Medical, Dental, Vision Plans
  • Pension, Profit Sharing, and 401K Match Offerings
  • 15 Vacation days, 9 Company Holidays, 5 Floating Holidays, and 5 Sick days
  • Tuition Reimbursement Program
  • Vehicle Discount Programs
  • Visit our careers landing page for additional information about our compensation and benefit programs!

Job Summary

JOB TYPE

Full Time

SALARY

$80k-98k (estimate)

POST DATE

06/27/2024

EXPIRATION DATE

07/16/2024

HEADQUARTERS

EBISU, KANTO

SIZE

15,000 - 50,000

FOUNDED

1966

CEO

TOMOMI NAKAMURA

REVENUE

$10B - $50B

INDUSTRY

Durable Manufacturing

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The following is the career advancement route for Financial Accounting Analyst positions, which can be used as a reference in future career path planning. As a Financial Accounting Analyst, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Accounting Analyst. You can explore the career advancement for a Financial Accounting Analyst below and select your interested title to get hiring information.

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