Wholesale Accounting Manager

Kia Corporation•Tustin, CA

5d•$84,853 - $110,272•Onsite

About The Position

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. The Accounting Manager is responsible for managing the daily operations of Wholesale Vehicle Accounts Receivable and Accounting, Vehicle Inventory valuation and Accounting sections, as well as Logistics Accounting management and inbound vehicle controls. Reporting to the Gross Profit National Manager, the Accounting Manager is responsible for the analysis, review, and processing of all related accounting entries, payment review, preparation of analytical/management reports, monthly account reconciliations, and assisting the Gross Profit National Manager with strategic financial decisions, as well as accounting decisions and analysis. The Accounting Manager is responsible for creating and supporting Wholesale programs, as well as reviewing Wholesale and Logistics program requests from Operating Departments and Logistics vendors. This role requires in-depth familiarity with inventory logistics, wholesale program support and development, as well as distributor cost accounting.

Requirements

5+ years of professional work experience in Cost Accounting
Wholesale and/or Retail Accounting Experience
Minimum 5 years working in OEM
Wholesale program experience (Holdback, Flooring Support, etc.)
Capitalized Cost Experience (Installed Options, Service Program, etc.)
Import/Inventory Accounting experience
SAP
MS Excel and Access
AS400 Query Reporting
Excellent written and verbal communication skills
Ability to sit or stand for extended periods and perform routine office tasks.
5-10% of (domestic and/or international) travel.
Job demands may include reading (documents), detailed work, confidentiality, problem solving, language, reasoning skills, oral communication, written communication, customer contact, ability to effectively present information in one-on-one and small group situations to customers, vendors, and other employees, multiple concurrent tasks, ability to work with constant interruptions, etc.
Must be able to maintain focus and attention to detail in a fast-paced environment.
Ability to analyze information and make sound decisions under time constraints.
Problem-solving skills and the ability to work independently
Must be able to respond to challenges with poise and agility.
Ability to handle competing priorities effectively and with composure.

Nice To Haves

Automotive Accounting experience preferred

Responsibilities

Responsible for maintaining accounting and treatments for Wholesale Vehicle, Vehicle Inventory, Logistics cost recognition/accrual, reconciliations, and reports, with attention to timely month-end closing.
Establishment of Wholesale programs and controls in concert with Distribution/Sales Operations Team leadership, timely review and processing of established operational programs, establishment and management of Accounting and Controls (Contract Approval, Allocation requests, Wholesale Returns, etc…) structures.
Oversight of systems and data management for accurate and timely processing and reporting of all vehicles related costs, as well as vehicle receivable recognition and processing. Responsible for securing data integrity, history maintenance and for designing and producing system-automated processes and reports.
Manage the timely review and approval of vehicle related invoices and payment requests.
Facilitate/Support periodic audit exercises, provide analytical reporting and recommended practices as needed in support of internal and external customers (operating departments and auditors)
Manage daily Wholesale Vehicle accounting, including but not limited to review of Vehicle AR aging, Revenue Confirmation, Wholesale/Invoice program management, and Wholesale/Invoice program oversight/reconciliation
Manage Inventory Valuation and Standard Costing, to include FOB/CIF Confirmation, Purchase Price Review & AP/value adjustment, and Additional Option Cost valuation management
Oversee Vehicle Customs Accounting and accrual matrix analysis
Finance Liaison to Distribution department and Logistics Vendor, for creation, review, and approval of Contract changes and program implementations
Assess, design, and implement Wholesale/Sales programs with Sales Operations Team support, for implementation throughout national network
Perform monthly reconciliation and analysis of vehicle capitalized costs
Wholesale controls oversight and exception management, including review and approval or rejection of Sales Operations requests
Review and reconcile Vehicle Draft and Return activities, including other vehicle related accounts receivables and liabilities
Review and process Dealer facing vehicle related reimbursement and requests, such as interest reimbursements and Wholesale Return reimbursements
Review daily bank statement and drafting records, in accordance with company policies and procedures.
Manage vehicle component cost and logistics vendor billing rate tables in SAP system
Review and process logistics vendor billing
Issue bi-weekly inventory payment requests and review/confirm weekly DA payment requests
Manage quarterly and annual audit of inventory and accounting processes, in responsible categories, in conjunction KPMG periodic review
Review and reconcile all wholesale program, vehicle/inventory valuation, and program liability accounts
Lead inter-departmental project teams to facilitate the unification of processes through collaboration
Prepare various ad-hoc reports as requested by management