Financial Planning & Analysis Manager
Date: Sep 11, 2023
Location: Irvine, California, US, 92606
Company: Kia America, Inc.
At Kia, we’re creating award-winning products and redefining what value means in the automotive industry. It takes a special group of individuals to do what we do, and we do it together. Our culture is fast-paced, collaborative, and innovative. Our people thrive on thinking differently and challenging the status quo. We are creating something special here, a culture of learning and opportunity, where you can help Kia achieve big things and most importantly, feel passionate and connected to your work every day.
Kia provides team members with competitive benefits including premium paid medical, dental and vision coverage for you and your dependents, 401(k) plan matching of 100% up to 6% of the salary deferral, and time off starting at 14 days per year. Kia also offers company lease and purchase programs, company-wide holiday shutdown, paid volunteer hours, and premium lifestyle amenities at our corporate campus in Irvine, California.
Status
Summary
The Financial Planning & Analysis Manager serves as one of five members of the Kia NA Finance Team and reports directly to the Executive Finance Coordinator of Kia NA. The Kia NA Finance Team operates in a collaborative manner, and the ideal candidate for this role should bring experience in aggregating and analyzing financial reporting packages from international subsidiaries. A willingness to actively contribute ideas and identify solutions is also essential, as this approach is crucial for maintaining strong financial management skills and business acumen. Additionally, the candidate should possess a robust knowledge of International Financial Reporting Standards (IFRS).
The Financial Planning & Analysis Manager is responsible for the generation of both short-term and long-term business plan packages, meticulous tracking and analysis of actual performance, scrutinizing profit & loss (P&L) variances, providing concise gap analysis, and preparing comprehensive financial reporting packages. The ideal candidate for this role should possess specialized knowledge in accounting and treasury to create monthly cash balance and cash projection reports. These reports should be accompanied by a thorough cash flow analysis aligned with P&L, Working Capital (W/C), and other accounting principles. The candidate should also take the lead in assessing product profitability and driving the development of financial information systems to automate and streamline financial analysis processes. Drawing upon robust data management skills, they should contribute to the advancement of financial information systems. These contributions are integral to the overall success of the team.
Major Responsibilities
1st Priority - 30%
- Aggregate and analyze the P&L of Kia North America business entities that form the regional HQ, Kia North America (Kia NA):
- Kia America (KUS)
- Kia Canada(KCA)
- Kia Georgia (KaGA)
- Kia Mexico (KMX)
- Aggregate and analyze Kia NA’s consolidated P&L as a standalone entity.
2nd Priority - 30%
- Prepare a monthly cash balance and cash projection report with a detailed gap analysis.
- Lead and guide treasury operations in terms of risk management.
3rd Priority - 20%
- Monitor and analyze the product’s profitability.
- Maintain product incentive spending data and review annual and monthly incentive plans.
- Provide support for the product profitability report.
4th Priority - 20%
- Lead process improvement and automation initiatives.
- Respond to and manage occasional ad-hoc requests from the parent company overseas, Kia Corporation (Kia HQ).
Education/Certification
- Bachelor’s degree in Accounting/Finance or equivalent experience.
Overall Experience
- 7+ years of experience in Financial Analysis and P&L reporting required.
Directly Related Experience
- 5+ years of experience in the automotive industry preferred.
- Experience with International Financial Reporting Standards (IFRS) required.
- Specialized experience in accounting and treasury creating monthly cash balance and cash projection reports preferred.
- Previous experience in aggregating and analyzing financial reporting packages from international subsidiaries preferred.
- English/Korean bilingual proficiency strongly preferred.
Skills
Competencies
Pay Range
$81,120 - $112,792
Pay will be based on several variables that are unique to each candidate, including but not limited to, job-related skills, experience, relevant education or training, etc.
Equal Employment Opportunities
KUS provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, ancestry, national origin, sex, including pregnancy and childbirth and related medical conditions, gender, gender identity, gender expression, age, legally protected physical disability or mental disability, legally protected medical condition, marital status, sexual orientation, family care or medical leave status, protected veteran or military status, genetic information or any other characteristic protected by applicable law. KUS complies with applicable law governing non-discrimination in employment in every location in which KUS has offices. The KUS EEO policy applies to all areas of employment, including recruitment, hiring, training, promotion, compensation, benefits, discipline, termination and all other privileges, terms and conditions of employment.
Disclaimer: The above information on this job description has been designed to indicate the general nature and level of work performed by employees within this classification and for this position. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Nearest Major Market: Irvine California
Nearest Secondary Market: Los Angeles
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