Senior Financial Accounting Analyst

$67,900 - $90,000/Yr

Subaru Of America - Camden, NJ

Full-time - Mid Level

Remote - Camden, NJ

Merchant Wholesalers, Durable Goods

About the position

The Senior Financial Accounting Analyst - Claims position at Subaru is a pivotal role that supports the management of warranty, recall, and SAS (extended warranty) claims through comprehensive financial and management reporting, analysis, and accounting processes. This position is essential in transforming financial data into actionable business insights that assist senior management in making informed decisions. The analyst will leverage their expertise to ensure accurate financial reporting and compliance with various regulations, including Japan's Financial Instruments and Exchange Law (JSOX) and International Financial Reporting Standards (IFRS). In this role, the analyst will utilize the Oracle Projects module to execute necessary processes, gather and verify data, and perform essential uploads to facilitate the completion of the accounting close. They will be responsible for recording all claims activity, including Added Security Claims, and maintaining accurate records to ensure timely processing of financial information. The analyst will prepare detailed monthly invoices to the parent company for expenses related to warranty claims, recall campaigns, and legal matters, ensuring accurate billing and timely submission of invoices. The position also involves conducting in-depth analysis and preparing comprehensive reports on activities related to warranty claims, recall campaigns, and SAS claims. This includes identifying trends, assessing performance metrics, and providing detailed insights to inform business decisions. The analyst will utilize IT systems and software tools to enhance the efficiency of data collection, analysis, and reporting processes, leveraging data analytics platforms to generate meaningful insights into business performance and operational effectiveness. Additionally, the analyst will develop and present detailed financial and operational reports and forecasts to finance and business leadership stakeholders, creating and delivering presentations that clearly communicate financial performance, operational efficiency, and strategic recommendations. They will ensure strict adherence to compliance requirements and stay updated on regulatory changes, implementing necessary adjustments to maintain compliance. The role also includes performing miscellaneous tasks and special projects as required, contributing to Claims, Enterprise Performance Management (EPM), and Enterprise Resource Planning (ERP) system changes and implementations, and working collaboratively to build knowledge, improve processes, and develop subject matter expertise.

Responsibilities

• Leverages Oracle Projects module to execute necessary processes, gather and verify data, and perform essential uploads to facilitate the completion of the accounting close.
• Handles recording of all claims activity including Added Security Claims, maintaining accurate records and ensuring timely processing of financial information.
• Prepares detailed monthly invoices to parent company for expenses related to warranty claims, recall campaigns, and legal matters, ensuring accurate billing and timely submission of invoices.
• Conducts in-depth analysis and prepares comprehensive reports on activities related to warranty claims, recall campaigns, and SAS claims, identifying trends and assessing performance metrics.
• Utilizes IT systems and software tools to enhance the efficiency of data collection, analysis, and reporting processes, leveraging data analytics platforms to generate meaningful insights.
• Reviews and analyzes all available claims data to accurately calculate and enter necessary journal entries, ensuring completeness and accuracy of the accounting close process.
• Develops and presents detailed financial and operational reports and forecasts to finance and business leadership stakeholders, creating and delivering presentations that communicate financial performance and strategic recommendations.
• Applies analytical and technical skills to analyze complex data sets and generate actionable business insights, utilizing visual aids to enhance understanding of data findings.
• Ensures strict adherence to compliance requirements, including JSOX, IFRS, and internal accounting policies, staying updated on regulatory changes.

Requirements

• Bachelor's Degree in Accounting or Finance.
• Prior experience managing multiple tasks, deadlines, and priorities including ad-hoc projects.
• Ability to effectively communicate with all levels of employees both within the Accounting Department and other Subaru of America departments as well as with Subaru parent and affiliate companies.
• Well-developed analytical and critical thinking skills, including ability to create reports and analysis from large amounts of data sourced from IT systems.
• Advanced knowledge of Microsoft Office products including Excel, Outlook, Word, and PowerPoint.
• Experience working with Enterprise Resource Planning (ERP), Enterprise Performance Management (EPM), and Business Intelligence (BI) systems; Oracle financial system software is strongly preferred.
• Strong familiarity with generally accepted accounting principles (GAAP), IFRS, and the preparation of journal entries.

Benefits

• 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