Retail Financial Analyst
Date: Sep 30, 2024
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 paid time off. 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
A key participant in dealer Business Management systems and reporting, the Analyst is responsible to assist with and monitor dealer financial and performance analysis. This begins with the Dealer’s submission and accuracy of monthly financial statements, along with accurate dealer database information. The Analyst’s duties will include significant financial statement analysis, relevant data analytics, system audits, and dealer reporting to ensure compliance of the Accounting Manual and Kia operating standards. The Analyst will prepare monthly reports, executive presentations, ad hoc analysis, and independent industry research. The analyst will communicate with dealers on financial statement related items, operational compliance and overall performance. The Analyst will assist with Retail Development Department monthly cycle of accounting, billing, requisition and the annual dealer business plan submissions.. The Analyst must be well organized, detail-oriented and have a natural curiosity for cause-and-effect on business performance.
Major Responsibilities
1st Priority - 35%
Support Dealers (Controllers/Business Managers) to submit accurate and on time monthly financial statements, which will in turn lead to database maintenance, KPI tracking, and monitoring dealer compliance to agreements and operating guidelines. Analyst will pro-actively call on dealers, to solicit outstanding financial statements, correct deficient reporting and advise on the Accounting Manual. Will require knowledge of the Business Management System, GAAP and the main functions of the dealership accounting reporting and close process.
2nd Priority - 25%
Work across the department and cross departmentally to ensure accurate and current dealer records. Assist management to improve the accuracy of financial reporting by employing simple account audits and review system validations . Track and monitor specific dealer’s or dealer group’s performance and provide recommendations. Assist in identifying and developing areas for improvement in KUS Accounting Manual, Financial Statement, Operating Guidelines and the Business Plan/Pro Forma.
3rd Priority - 20%
Perform data analysis, industry research (benchmarks) and reporting support for accurate and timely monthly financial reports and insightful performance analysis summaries as needed. Employ correlation analysis to determine KUS’s policies and program (as well as market conditions) effect on dealer performance and profitability.
4th Priority - 15%
Actively participate in Retail Development monthly accounting cycle for budget management, dealer billing, requisitions, vendor payment and program tracking. Provide planning and logistical execution support for various meetings and events as needed. Assist management with ad hoc administrative support, such as mail merge, record maintenance, process and procedures documentation, and updates to dealer files.
5th Priority - 5%
Respond to legal discoveries and request for composite statements and other dealer performance records.
Education/Certification
Bachelor’s degree in business management or related major from an accredited college/university or equivalent work experience required
Overall Experience
Minimum three to five years in accounting or financial analysis experience.
Automotive industry experience preferred (OEM or Retailer).
Directly Related Experience
Position Requirements:
- Occasional travel may be required, though position is primarily Corporate – Office based.
- May need to work additional hours outside of normal business hours as required by the job, including weekends or holidays
- Perform other duties as assigned
Skills
Competencies
Pay Range
$72,328 - $96,838
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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Administrative Assistant, Data Analyst, Database, Outside Sales, Compliance, Data, Administrative, Technology, Sales, Legal