Analyst II , Corporate Finance

CarMax • Richmond, VA

18d • Hybrid

About The Position

The Corporate Finance Analyst II is part of CarMax’s Corporate Treasury team and is responsible for analysis and transaction reporting. The role supports reporting on the Company’s financing transactions, including more than $18 billion of outstanding debt, the interest rate hedging program, analysis of real estate transactions and debt financings, and financial modeling to forecast future cash flows and financial position. The Analyst II works with internal and external 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 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 and 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

• Assist with ongoing reporting and administration of debt programs.
• Administer required daily cash flows related to CarMax Auto Finance’s securitized debt portfolio of more than $17 billion.
• Prepare monthly reporting for banks and investors and help coordinate monthly settlement activity.
• Identify and investigate reporting issues and errors, partnering across the organization to resolve them as needed.
• Support ongoing 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, creating 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.
• Develop an understanding of and assist with administration of CarMax interest rate hedging programs.
• Prepare materials for quarterly meetings of the CarMax Plan Asset Committee, which oversees investments of CarMax retirement benefit programs.
• Develop an understanding of and assist with analysis related to CarMax debt financing.
• Evaluate real estate lease obligations and participate in planning related to financing growth initiatives.

Benefits

• May be eligible for bonus and equity.
• Paid sick time.
• Paid vacation time.
• Paid scheduled holidays and a floating holiday.
• Holiday Premium Pay when eligible associates work on a scheduled holiday due to business need.
• Full-time salaried associates receive paid time away as needed for sick leave, vacation, bereavement, jury duty, holidays, and floating holidays, subject to manager approval.

What This Job Offers

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