Honda Torrance , CA 90501
Posted 1 week ago
Asst Manager-Acctng Ops.- Modeling
Requisition ID: 2026
Location:
Torrance, CA, US, 90501
Workstyle: Hybrid
Shift: 1st
Salary Range: $91,200.00 - $136,800.00
Legal Entity: American Honda Finance Corp.
Business Unit: American Honda Finance Corp
Division: Finance & Administration Division
Work Location: Torrance
Career Level: 5
Salary Range: $91,200.00 - $136,800.00
Job Purpose
Grade EX-4
The Accounting Operations Department ensures that the Credit Loss Allowances (Lease, Retail, Dealer) and the Residual Value Lease Reserve are set appropriately. Because the methodologies to determine the allowances are dependent on various external and internal assumptions and inputs into the models, this is considered a SOX High Risk Area. This position, is to lead the Modeling Team, made up of three direct associates and one indirect associate, in determining the Loss Allowance/Residual Value Reserve and explaining the fluctuations and methodologies to management, Japan Staff and external auditors. Position is also responsible for chairing both AHFC (and HCFI) Credit Loss and Residual Value Loss Committees on a quarterly basis to communicate current and future trends impacting allowance/reserve levels as well as governance of Committee structures. Position also provides analytical information for month-end F&A reporting as well as planning forecast for Corporate Planning Department and subsequent forecast versus actual results.
Key Accountabilities
Provide guidance to direct reports on modeling inputs and outputs which result in a reserve that are appropriate for the Company
Suggest new processes to streamline the inputs to the models while still achieving SOX compliance
Continuous improvement of modeling methodologies and processing of inputs
Development and Cross Training of associates in the department
Review and Approve direct reports' Journal Entries, Reconciliations, Footnotes, Disclosures, and External Audit
General Ledger Analytics
Qualifications, Experience, and Skills
4-Year BS Degree in Accounting from a Major US University with an emphasis on Accounting, Finance, Statistics, or Economics
CPA, MBA Preferred
3-Years Supervisory Experience
5-Years in Analysis and/or Forecasting of Credit Losses or Consumer Finance Receivables
5-Years in Analysis and/or Forecasting of Residual Values or Lease End-of-Term Performance
Accounting Background Preferred
Advanced Microsoft Excel and Access Skills; Relational Database (Business Objects); Statistical Software experience with SAS or R
Effective written and verbal communications to communicate trends and methodologies to broad audience of internal and external customers
Ability to Design and Develop Financial Models Based on Specific Accounting and Reporting Requirements
Highly Detailed Analytical Skills to Understand, Interpret, and Report Results of Financial Models
Knowledge of USGAAP, CECL, and IFRS Accounting and Reporting Standards related to Credit Loss Allowances and Lease Accounting
Job Dimensions
Working Conditions
Ability to work both on-site and remotely; Ability to work OT during close as needed; Travel approximately 5% of time
Honda is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status, or any other protected factor.
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