Sr. Financial Analyst

Honda Torrance , CA 90501

Posted 7 days ago

Sr. Financial Analyst

Requisition ID: 1766

Location:

Torrance, CA, US, 90501

Workstyle: Hybrid

Shift: 1st

Salary Range: $79,700.00 - $119,600.00

Legal Entity: American Honda Finance Corp.

Business Unit: American Honda Finance Corp

Division: Finance & Administration Division

Work Location: Torrance - Main Campus Location

Career Level: 4

Salary Range: $79,700.00 - $119,600.00

Job Purpose

EX-3

Develop, enhance, and maintain financial residual value loss forecast and inventory valuation models in order to identify potential risk and perform analytics related to incremental depreciation, gain loss on disposition, used vehicle market trends, operating lease asset profitability/impairment, and end-of-term performance of AHFC lease terminations under USGAAP and IFRS reporting standards. Responsible for establishing loss reserves and communication to the Company's Residual Value Loss Committees in response to changing business conditions, regulatory environment, and accounting policies

Key Accountabilities

Responsibilities include but not limited to

  • Process/validate/calibrate/enhance residual value loss forecast models under SOX controls and prepare subsequent monthly/quarterly loss reserve reporting, journal entries, account reconciliation, and communication to management and Residual Value Loss Committees.

  • Perform analytics on incremental depreciation, gain loss on disposition, used vehicle market trends, lease asset profitability/impairment, and end-of-term performance on AHFC operating lease portfolios.

  • Prepare quarter-end footnotes and public debt disclosures related to operating lease portfolio and fair value of CFS and DFS portfolios for SEC / 10K reporting.

  • Provide data analytics and support explanations for internal SOX and external KPMG audits

  • Provide incremental depreciation and gain loss on dispositions forecasts to Planning Department

  • Provide guidance, support and mentoring to department FA

  • Provide system support, testing, and validation on operating lease related projects

  • Support SFA-CL as back-up Credit Loss Model administrator for AHFC & HCFI CFS and DFS portfolios

Qualifications, Experience, and Skills

Qualifications

  • 4-year BS degree in Accounting or Business-related from a major university with an emphasis on Accounting, Finance, Economics, or Statistics

  • CPA / MBA preferred

  • Minimum 5-years' experience in analysis and/or forecasting, preferably of lease residual values or consumer/dealer finance receivables

Other Job Specifics Skills:

  • Extensive experience with Microsoft Office suite (Access, Excel, Work, PowerPoint) and Business Objects (or other relational databases)

  • Develop, monitor, and refine new forms of analytics on a continuous basis to capture potential risks, track the overall trend, and communicate findings effectively to management.

  • Ability to design and develop financial models based on specific accounting and reporting requirements.

  • Highly detailed analytics skills to understand, interpret, and effectively communicate results of financial models

Additional Position Factors:

  • Workstyle: Hybrid (Remote 1 days in office required)
  • Travel 5%
  • Competitive Base Salary: $79,700 to $119,600

Pay will be based on several variables that include, but not limited to geographic location, work experience, education, etc.

Working Conditions

  • Annual Bonus

  • Lease Car Program

  • Industry leading Benefit Plans (Medical, Dental, Vision, Rx)

  • Paid time off, including vacation, paid holidays, sick time, personal days

  • 401K Plan with company match + additional contribution

  • Career Growth:

  • Advancement opportunities

  • Career mobility

  • Education reimbursement for continued learning

  • Training and Development programs

Additional Offerings:

  • Community service and engagement programs

  • Product programs

  • Free drinks onsite

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.

Bring the Future

Honda is driven by a passionate workforce that is proud of the quality products we produce and the goals we aim to accomplish. Our associates charge forward through guidance of the Honda 2030 Vision: Lead the advancement of mobility and enable people everywhere in the world to improve their daily lives.

You're invited to

bring your skills, bring your background, and bring the future at Honda.

Apply today.

Dream. Create. Drive. Repeat.

">Join Our Career Community >

Nearest Major Market: Los Angeles


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