Sr. General Accounting Manager
Date: Dec 9, 2024
Location: Irvine, California, US
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
This position oversees the day-to-day accounting operations of Kia Mobility Solution America (Captive Lease Company) under the guidance of the Corporate Controller. This position is to ensure Captive Lease Company’s accounting functions conforming to IFRS requirements and responsible for managing month-end close of the accounts in charge, consolidation and intercompany accounting.
Specifically, Thie role is responsible for Captive Lease accounting, external and management reporting, lease payment abstractions, K-SOX compliance activities and controls to ensure the accuracy of external reporting.
Major Responsibilities
Priority: 1st - 30%
Accurate, on-time financial closing & reporting of Captive Lease Company to the Corporate Controller, Senior Management Team and Kia America in accordance with IFRS and Kia Group Policy
Priority: 2nd - 15%
Perform and review account reconciliations without any reasonable exception in accordance with Kia America’s reconciliation procedures.
Priority: 3rd - 15%
Manage & review impairment model for residual value and credit loss in accordance with IFRS and current expected credit loss (CECL).
Priority: 4th - 10%
Oversee reconciliation and test adequacy of journal entries on related party transactions among Parent Company, Subsidiary, and Affiliates.
Priority: 5th - 10%
Manage Accounts Receivable and Accounts Payable processes, making process improvements where needed.
Priority: 6th - 10%
Manage external and internal audits from various parties (Big 4, State, City, K-SOX, HQ)
Priority: 7th - 5%
Analyze financial results and documents variance analytics for the management reporting.
Priority: 8th - 5%
Review compliance reporting to government agencies from Federal, State, Bank, Various Regulators on a monthly and a quarterly and annual basis.
Education/Certification
- Bachelor’s degree in Accounting
- CPA, MBA Preferred
Overall Experience
- 8+ years of accounting & financial reporting experience (internal & external) in a corporate environment
Directly Related Experience
- Must have experiences of managing Captive Lease Accounting, AR/AP processes, financial consolidation in accordance with IFRS
- 5+ years of experience in the automotive industry or similar environment
- Detailed knowledge of New Lease Accounting (IFRS 15) and CECL (IFRS 9)
Skills
Competencies
Pay Range
$101,964.00 - $141,747.57
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.
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