Senior Financial Analyst - Transportation Accounting

Glovis • Irvine, CA

1d • Onsite

About The Position

The Senior Financial Analyst - TP Accounting position is responsible for maintaining accurate accounting of transportation revenue and costs, while developing a thorough understanding of the TP business and working closely with the Operations team to support financial accuracy and analysis.

Requirements

• Accrual based accounting experience required
• Account reconciliation experience required
• Revenue and cost matching experience required
• Advanced Microsoft Excel skills required
• Excellent written and verbal communication skills required
• High critical thinking skills required
• Project management experience required
• Proficient in Microsoft Word, Notes, and PowerPoint required
• Bachelor's Degree Required
• 3 - 5 Years of Experience in Accounting/Finance, Transportation, Supply Chain, and/or Logistics Required
• 2 Years of Indirect Experience Required

Nice To Haves

• Business analytics skills preferred
• Master's Degree Preferred
• 4 - 7 Years of Experience Preferred
• 5 Years of Indirect Experience Preferred

Responsibilities

• Daily Parking of AR and AP Invoices in SAP
• Perform daily parking and review of AR and AP invoices in SAP for assigned sub-GL accounts
• Analyze parked invoices to validate accuracy, contract rates, and correct profitability segment assignment
• Submit accurately reviewed invoices to the Edoc portal for final manager approval
• Proactively coordinate with Operations to resolve invoice discrepancies or required corrections
• Reject erroneous invoices or transactions in the Edoc portal in accordance with established controls
• Reconcile assigned sub-GL accounts as part of the monthly close process
• Complete revenue and cost accruals for assigned GLs and customers in accordance with accounting standards
• Investigate unbilled revenue or costs and provide clear explanations for aging balances
• Ensure timely completion of month-end close activities in alignment with established deadlines
• Analyze and explain monthly financial results, including the impact of accruals and business changes on margins
• Prepare and complete profitability reports for assigned accounts
• Collaborate on ITMS system enhancement initiatives by participating in process reviews, testing, and implementation discussions
• Develop a working knowledge of the GLOVIS claims operation process and related accounting treatment
• Develop a working knowledge of the GLOVIS fuel surcharge (FSC) operational process and associated accounting procedures
• Provide accounting input during meetings, including analysis of profitability segment impacts
• Maintain regular communication with management and keep the manager informed on progress, issues, and status of all ITMS enhancement projects
• Review the quarterly forecast prepared by FP&A for assigned accounts
• Perform variance analysis comparing current trends and actual results to forecast assumptions
• Analyze and clearly explain variances between actual results and forecasted performance
• Review all Red Folder requests, business proposals, and accounting entries submitted through the portal for assigned accounts
• Research requests and perform analysis to assess accounting accuracy, financial impact, and business rationale
• Provide clear summary comments and recommendations for management review prior to approval
• Approve Red Folder items in the portal upon completion of analysis and documentation review
• Provide audit support for requests from external CPAs, customers, and GKR
• Investigate audit inquiries and gather, review, and provide supporting documentation and evidence as requested
• Justify company billing completion based on contractual terms to support revenue recognition and defend against potential revenue or profit impact resulting from changes
• Reassess and update financial statements, as required, in accordance with guidance from local CPAs and GKR

Benefits

• Medical Insurance
• Vision Insurance
• Dental Insurance
• Health Care & Dependent Care Flexible Spending Accounts (FSA)
• Basic Life and AD&D as well as Short-Term & Long-Term Disability
• Paid Vacation, Holidays, and Sick leave
• Hospital and Critical Illness Insurance
• Wellness Program and Gym Reimbursement
• 401(k) with Generous Matching
• Referral Bonuses
• Auto Allowance
• Quarterly Employee Lunches, Summer Refreshments, and Monthly Team Building Activities
• Discretionary Bonuses
• Tuition Reimbursement

What This Job Offers

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