Accounting Manager
Accounting Manager
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Job Description
Overview
Who we are
Collaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the worlds most admired brands Toyota is growing and leading the future of mobility through innovative highquality solutions designed to enhance lives and delight those we serve. Were looking for talented team members who want to Dream. Do. Grow. with us.
An important part of the Toyota family is Toyota Financial Services (TFS) the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity it is an essential part of this worldchanging company delivering on Toyotas vision to move people beyond whats possible. At TFS you will help create bestinclass customer experience in an innovative collaborative environment.To save time applying Toyota does not offer sponsorship of job applicants for employmentbased visas or any other work authorization for this position at this time.
Who were looking for
Toyotas Accounting department is looking for a passionate and highly motivated Accounting Manager. This position is responsible for the accurate and timely monthend close process for Toyota Financial Savings Bank (TFSB); a highly regulated banking environment. TFSB is supervised by the Federal Deposit Insurance Corporation (FDIC) and the State of Nevada Financial Institutions Division and is subject to the consumer compliance standards and regulations of the Consumer Financial Protection Bureau. This position will partner with Accounting Policy and Financial Reporting to implement and operationalize accounting and reporting rules under US GAAP and globally under international financial reporting standards (IFRS). This will require staying current on new guidance providing interpretive guidance on new and evolving rules in a fastgrowing environment where new rules come into scope due to rapid Bank growth and ensuring Control design remains effective.
What youll be doing
Operational & General Accounting & Analysis and related Controls & Governance:
Lead the timely and accurate recording of business operations in accordance with generally accepted accounting principles IFRS and other complex regulatory requirements such as the FDIC.
Own the establishment implementation and maintenance of sound FDICIA controls and processes to adequately support accounting results including oversight of shared services controls that Accounting relies upon.
Own results and support team members in the preparation of all accounting activities including oversight of monthly general ledger close process and addressing complex technical accounting issues impacting our business including resolution of audit findings by both external and internal auditors as well as regulators.
Utilize the GL system (SAP) to automate and ensure SAP functionality is maximized for the bank. Become the SAP SME for the bank
Analyze monthly quarterly and annual financial performance and work with the business to identify potential accounting issues of bank products
Financial Reporting & Analysis:
Accountable for the timely and accurate presentation of financial information and analyses
Direct team members and provide business insight in the completion of quarterly and annual reporting activities:
o Support quarterly Call Report and TMC CONETs reporting packages and related schedules. If there is a new accounting position or new product work with Financial Reporting to determine the appropriate treatment on the CONETs reporting package.
o Review and issue annual TFSB financial statements and footnotes
Coordinate and own the relationship for the interim and yearend audit procedures performed by external & internal auditors as well as the FDIC regulators.
Technical Accounting Proficiency and Subject Matter Expertise:
Interface with business operations regarding new business initiatives including but not limited to the following activities:
o Assessing the accounting treatment reporting disclosures internal controls (FDICIA and SOX controls) and systems processes associated with new initiatives;
o Reviewing documents and providing recommendations to management regarding accounting and operational considerations risks or issues;
Monitors new accounting guidance on an ongoing basis to determine impact to the bank.
Influence outcomes to ensure risk of changes to the Bank and Accounting are minimized or managed
Own TFSB Accounting policies an understand underlying systems and processes to ensure implementation of new requirements is well documented up to date and accurate.
Projects Automation and Enterprise wide initiatives:
Lead and direct team members in the implementation of special projects and Enterprise wide initiatives as they relate to the bank operations
As business needs continue to evolve and grow take a lead role in developing implementing and reporting more meaningful business measures including the development of analytics.
Continuously look for opportunities to strengthen and/or streamline existing accounting policies and procedures. Recommend process improvements and/or changes in accounting treatment as appropriate.
Lead Automation efforts for the Controllership to minimize manual processes mitigate risks and create capacity for value added activities
Leadership and Organizational Management:
Establish and manage performance expectations for team members and provide growth and development opportunities
Deliver real time feedback to team members on performance and developmental needs including formal quarterly development & coaching discussions.
Support team members through changes impacting their areas of responsibility and the overall Bank Controllership
Regularly review organizational structure and scope of team responsibility to maximize productivity and improve processes
Set highlevel priorities and direction for team
Actively Engage in departmentwide Talent Planning and Calibration efforts
Develop team member skills and create a path for team members to gain experience through valueadd opportunities
What you bring
Bachelors degree required
Certified Public Accountant with public accounting experience
5 years of Accounting & Reporting experience in the Banking or Captive Finance industry
Public accounting experience with a national firm
Strong accounting understanding and expertise
Experience in explaining technical accounting issues (written or orally)
People leadership experience with proven ability to grow develop and inspire a team
Strong analytical skills initiative; ability to multitask
Demonstrated proficiency with Microsoft Office applications
Added bonus if you have
Masters degree in Accounting
Working knowledge of Oracle Hyperion Financial Management (HEPM) and SAP preferred
What well bring
During your interview process our team can fill you in on all the details of our industryleading benefits and career development opportunities. A few highlights include:
A work environment built on teamwork flexibility and respect
Professional growth and development programs to help advance your career as well as tuition reimbursement
Team Member Vehicle Purchase Discount
Toyota Team Member Lease Vehicle Program (if applicable)
Comprehensive health care and wellness plans for your entire family
Toyota 401(k) Savings Plan featuring a company match as well as an annual retirement contribution from Toyota regardless of whether you contribute
Paid holidays and paid time off
Referral services related to prenatal services adoption childcare schools and more
Tax Advantaged Accounts (Health Savings Account Health Care FSA Dependent Care FSA)
Relocation assistance (if applicable)
Belonging at Toyota
Our success begins and ends with our people. We embrace all perspectives and value unique human experiences. Respect for all is our North Star. Toyota is proud to have 10 different Business Partnering Groups across 100 different North American chapter locations that support team members efforts to dream do and grow without questioning that they belong.
Applicants for our positions are considered without regard to race ethnicity national origin sex sexual orientation gender identity or expression age disability religion military or veteran status or any other characteristics protected by law.
Have a question need assistance with your application or do you require any special accommodations Please send an email toRequired Experience:
Manager
Employment Type
Full-Time
