Analyst II , Corporate Finance

CarMax • Richmond, VA

1d • $66,600 - $99,900 • Hybrid

About The Position

The Corporate Finance Analyst II is responsible for analysis and transaction reporting within CarMax’s Corporate Treasury team. Responsibilities include reporting on the Company’s financing transactions, supporting its interest rate hedging program, analyzing real estate transactions and debt financings, and modeling future Company cash flows and financial position. The role partners with internal and external business partners, including banks, lawyers, accountants, auditors, and trustees.

The position is based at the CarMax Home Office in Richmond, Virginia, with associates working onsite four days per week. Applicants must currently be authorized to work in the United States on a full-time basis; sponsorship is not available for this role.

Requirements

• Strong analytical and diagnostic skills with attention to detail.
• High level of organization, responsibility, and dependability.
• Customer focus and ownership; initiative and a proactive approach to work; ability to complete tasks in a timely manner while managing multiple priorities.
• Effective and professional customer service skills.
• Excellent verbal and written communication skills, including the ability to communicate clearly at all levels of the organization.
• Four-year college degree in Finance, Accounting, Business, or Economics, or equivalent relevant work experience.
• Strong competency with Microsoft Office, including Excel, Word, and Outlook.

Nice To Haves

• Knowledge of general ledger accounting.
• Prior Oracle experience.
• Prior Workiva (SEC filing application) experience.

Responsibilities

• Administer daily cash flows related to CarMax Auto Finance’s securitized debt portfolio.
• Prepare monthly reporting for banks and investors and help coordinate monthly settlement activity.
• Identify and investigate reporting issues and errors, and work across the organization to resolve them.
• Support regulatory filings and coordinate filings with executive management and legal counsel.
• Conduct and track funding requests and analyze available funding alternatives.
• Update, monitor, and analyze portfolio performance statistics and create new reports as needed.
• Oversee legal compliance requirements in partnership with internal and external business partners.
• Create accounting entries and conduct account reconciliations for financing activity; research variances and work with partners to obtain support and resolve issues.
• Develop and maintain accounting schedules related to securitization programs.
• Learn about and assist with administration of CarMax interest rate hedging programs.
• Prepare materials for quarterly CarMax Plan Asset Committee meetings, which oversee investments of CarMax retirement benefit programs.
• Learn about and assist with analysis related to CarMax debt financing.
• Evaluate real estate lease obligations and participate in planning related to financing growth initiatives.

Benefits

• Paid sick time.
• Paid vacation time.
• Paid holidays and a floating holiday.
• Holiday Premium Pay for eligible associates who work on a scheduled holiday due to business need.
• Full-time salaried associates receive paid time away, with no specified limit, as needed for sick time, vacation, bereavement, jury duty, holidays, and floating holidays, subject to manager approval.
• May be eligible for bonus and equity.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level