Financial Analyst - Markham, Canada - Hyundai

Hyundai
Hyundai
Verified Company
Markham, Canada

1 week ago

Sophia Lee

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Sophia Lee

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Description
Hyundai Auto Canada Corp. is headquartered in Markham, Ontario and is a subsidiary of Hyundai Motor Company of Korea.

Hyundai markets a full line-up of vehicles in this country - from subcompact to premium sedans to sport utility and crossovers - and is committed to providing world-class, well-engineered products paired with a customer shopping and ownership experience that exceed expectations.

When Hyundai entered the Canadian market in 1983, it was the company's first overseas subsidiary. Since that time, it has grown into one of the best selling automotive brands in Canada.

Hyundai's success can be attributed to the quality, safety, and design of its vehicles, which is reflected in numerous, high-profile awards they have recently won.


POSITION OVERVIEW
This position supports the Operating Budget Management, Control and Reporting through multiple tasks such as Expense and Budget Operations, Purchase Order processing, Reconciliation and Report Creation


Primary responsibilities include:
1)To review and justify general ledger account balances and to prepare journal entries, reports and reconciliations to support month end closing.
2)To review, validate and process Purchase Request (PR) to support management approval.
3)To validate and process budget transfer & additional budget requests and to prepare status reports to support budget review.
4)To support monthly and annual forecast, budget planning and variance analysis


KEY RESPONSIBILITIES:


  • Budget / Expense Management
  • Prepare Month End Journal Entries (e.g. Accruals, Payrolls, Recurring Expenses, Prepaid Expenses, Adjustments)
  • Prepare Month End Account Reconciliations (e.g. Accrued Liabilities, Prepaid Expenses, Payroll Clearing)
  • Review Monthly SG&A account activities and Conduct investigation and prepare adjustment as needed
  • Support variance analysis on expense spending by activity
  • Communicate on departmental expense/invoice inquiries with each department
  • Reconcile / Accrue departmental operating expenses
  • Review and summarize Budget Transfer Requests & Additional Budget Requests
  • Update Approved Budget Revisions in SAP and on Budget Templates
  • Prepare / update Annual Budget Templates for Department Submission
  • Support SG&A monthly and annual forecast
  • Support annual Budget Planning and Operational Planning process
  • Manage Corporate Card policy and monitor employee spending habit
  • Communicate with corporate card company regarding credit / spending related matters
  • Support Corporate Card holders on related matters
  • Budget / Expense Reporting
  • Report departmental operating expenses regularly
  • Report Corporate Card spending status regularly
  • Prepare Expense Month End Reports and Status Reports (e.g. ATL/BTL Report, Operating Expense Reports, Capital Expenditure Tracker)
  • Prepare Year-ToDate Spend Status Report for Program Budget Tracking
  • Support Year-OverYear Budget Comparison Reports for Budget Review Meeting
  • Prepare Adhoc reports as required
  • PO Coordination
  • Review Purchase Request (PR) against departmental budget and the company's purchasing policy
  • Ensure Purchase Requests are adequately supported and justified for approvals
  • Communicate with requesting departments to validate required information (e.g. Program Budget, Vendor Estimate, SOW, Contract)
  • Maintain PR/PO Master Data and Workflow
  • Conduct New User/Refresher Information Session/Training
  • Collaborate with Internal (e.g. Accounting, Legal, IT) and External (e.g. Vendors, SAP/Concur) stakeholders for additional support and authentication
  • Process Enhancement & Special Project
  • Support ongoing Expense, Budget, Corporate card or PO Process improvements
  • Assist with quarterly reviews and yearend audit
  • Support adhoc projects as required

REQUIRED SKILLS AND KNOWLEDGE

  • AP experience preferred
  • Proficient in MS Office with advanced Excel skills
  • Selfmotivated, wellorganized and detail oriented
  • Strong analytical, problem solving, organizational skills with ability to work under pressure
  • Excellent interpersonal skills
  • Excellent oral and written communication skills
  • Excellent time management with ability to adapt accordingly to changing priorities
  • Team oriented with the ability to accept responsibility and work with mínimal supervision

REQUIRED EDUCATION AND EXPERIENCE

  • Completion of a postsecondary program in Business, Commerce, Accounting, Finance or a related field of study
years of relevant experience in the same or similar FP&A positions

  • CPA designation or working towards a CPA designation would be a strong asset
  • Experience in the automotive industry would be a strong asset
Why join our team?
Our award-winning culture has been recognized through our Great Place to Work certification for the past 6 years. We have been able to achieve this not only thanks to the dedication and commitment of our team members to our business, but also through a variety of fun activities and opportunities throughout the year whi
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