Senior Analyst - TP Accounting - Irvine, CA

Senior Analyst - TP Accounting - Irvine, CA

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The Senior Analyst - TP Accounting position is responsible for maintaining accurate accounting of Revenue and Cost of Transportation Business, analyzing financial activities and profitability, and reporting the findings to management. Responsibilities include :

• Month End Closing and Reporting for HMA TP Revenue and Cost
• Calculate Earned Revenue in compliance with US GAAP and IFRS
• Calculate monthly revenue accrual for TP Business
• Investigate any unbilled Revenue and track AR aging
• Calculate Vendor Cost either by validating Vendor Contracts in ITMS or approved Special Moves rates awarded by Operations
• Accrue Unbilled Cost, Based on Matching Principle
• Investigate any unbilled Cost and track AP aging
• Variance Analysis and Profitability Analysis for HMA TP Standard Accounts
• Responsible for Post-Closing analysis and Non-Standard Month End Closing Reports
• Must acquire understanding of TP Business and work collaboratively with VL Team to provide meaningful analysis of P&L, Sales-mix, Shipment deviations, etc of TP Business
• Will analyze variances by : Actual vs Business Plan, Month to Month Analysis, Month vs YTD Analysis
• Present GM Monthly Results to Supervisor or Manager and explain variances
• HMA Monthly Reports and Projects
• Complete HMA MOU 2025 Report after closing
• Track Incremental Cost and Recovery
• Complete reports related to HMA aging, tax, etc
• Set up weekly meetings with Operation's team to get updates on aging, similarly with Vehicle Logistics team
• Initiate and follow through on all HMA Billing Enhancement or Accrual Process Changes
• Daily Invoice Review, Routine Verification, and Red Folder
• Perform daily review of AR and AP invoices that are parked in SAP. After invoice review, send invoices to Edoc for posting. For any AR or AP invoice errors, submit invoice for Rejection
• Follow up immediately with Operations for invoice resubmission
• Perform routine verification of standard vendor rates and standard billing rates for its accuracy compared to contracts
• Review Operation Department's annual Business Plan
• In-depth analysis of comparing the Business Plan to the actuals for the current year and the year prior and confirming all assumptions made by Operations to plan for any significant modifications in the business
• Red Folder Analysis or Contract Review and Profitability analysis
• Understating the specific changes that are going to be made with our customers or vendors contracts, whether it is a rate increase / decrease, establishing a new rate opening / closing a port, changing transportation routes, modifying the way in which the vehicles are processed or delivered, etc, and providing financial concerns
• Follow up with Third Party Auditor
• Ensure all the financial activities meet the internal guideline
• Prepare all the backup to provide the test results with auditors
• Maintain all converted worksheets for auditors
• Other duties as assigned

Compensation Range $58,000- $63,000 Per Year (Subject to Compensation Study Upon Candidate Selection)

Benefits of working at Hyundai GLOVIS America Inc.

Minimum Education Required : Bachelors

Job Category : Analyst

Additional Qualifications / Responsibilities :

This position will be located in the Irvine, CA office. Communication with employees and field partners will be primarily conducted via phone and email.