Finance Administrator

Finance Administrator

Company: Kia America, Inc. Location: Irvine, CA, US, 92606

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. Kia provides team members with competitive benefits including premium paid medical, dental and vision coverage for you and your dependents, 401(k) plan matching of 100% up to 6% of the salary deferral, and paid time off. Kia also offers company lease and purchase programs, company-wide holiday shutdown, paid volunteer hours, and premium lifestyle amenities at our corporate campus in Irvine, California.

Summary

The Finance Administrator, Financial Planning and Analysis (FP&A) will play a supporting role in preparing and reviewing internal financial reports for the management including monthly P/L statement, forecast, and annual business plan package. In addition, this position will perform a comprehensive financial analysis on Dealer Development Program and ad-hoc requests as needed to support the management's strategic decisions and plans.

Essential Duties and Responsibilities

Priority One – 30% Prepare and review monthly financial reporting to both the KUS internal management and KHQ within the time specified.

Priority Two – 30% Review, analyze, and manage Dealer Development-related activities. (Payment and proposal review for new dealer support and SI 2.0 project).

Priority Three – 15% Perform various financial analyses on Company's internal program/data: gross profit, expenses, vehicle margin, fleet sales, trim mix, special projects, etc.

Priority Four – 15% Closely monitor key business indicators, industry trends, and perform variance analyses to prepare management reports. (Interest rate and CPI impact analysis, ROS calculation, etc.).

Priority Five – 10% Prepare business plan package based on available information. Maintain, monitor, and revise business plan as needed and as requested by the KUS internal management and KHQ.

Day-to-Day Duties

Support month-end closing activities, monitor timely, accurate production of detailed managerial reporting including financial/operational data

Review/analyze Dealer Development-related activity proposals, payment request and track/manage the performance & budget (SI 2.0, NIF, Incentive bonus payout, etc.)

Perform various financial analyses on vehicle margin, fleet sale P/L, trim mix, special projects, etc.

Coordinate with Budget team for expense/budget related variances and adequately address the variance and corrective action items

Closely monitor and report on key economic/business metrics and industry trends with effective and practical commentary

Assist in developing company business plans and financial/operational forecasts and perform in-depth variance analysis on balances, revenue and other P&L line items

Evaluate historical and current financial data to understand the company's financial condition

Execute on ad hoc analysis to support leadership decision making process; transform data into actionable insights and recommendations

Qualifications/Education

Bachelor's degree in business administration, Accounting, Finance, or related field

Job Requirement

3-5 years of professional work experience in a corporate finance field

Automotive industry experience a plus

Directly Related Experience: 3+ years of financial reporting experience (internal and external) and budget management in a corporate environment

Experience with SAP and SAP BW highly desirable

Previous experience with automotive OEM's dealer development programs is a plus.

Specialized Skills and Knowledge Required

Proficient with SAP, SAP BW, and Microsoft Office Suite (Excel, Access, Outlook, etc.)

Excellent written and verbal communication skills

General knowledge of accounting/financial and operational principles

Strong data-driven and detail-oriented mindset

English and Korean Bilingual - Plus

Competencies

Care for People

Chase Excellence Every Day

Dare to Push Boundaries

Empower People to Act

Move Further Together

Pay Range

$63,669.83 - $82,795.83 Pay will be based on several variables that are unique to each candidate, including but not limited to, job-related skills, experience, relevant education or training, etc.

Equal Employment Opportunities

KUS provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, ancestry, national origin, sex, including pregnancy and childbirth and related medical conditions, gender, gender identity, gender expression, age, legally protected physical disability or mental disability, legally protected medical condition, marital status, sexual orientation, family care or medical leave status, protected veteran or military status, genetic information or any other characteristic protected by applicable law. KUS complies with applicable law governing non-discrimination in employment in every location in which KUS has offices. The KUS EEO policy applies to all areas of employment, including recruitment, hiring, training, promotion, compensation, benefits, discipline, termination and all other privileges, terms and conditions of employment.