Financial Planning & Analysis Manager

Kia Motors America; Irvine (CA); On-site; USD 87,000 - 118,000; Full time

Job summary

An established industry player is seeking a Financial Planning and Analysis Manager to lead the preparation of profit/loss reports and financial forecasts. This pivotal role involves managing department budgets, conducting variance analyses, and ensuring operational efficiency in parts business management. The ideal candidate will thrive in a fast-paced and collaborative environment, leveraging their extensive experience in corporate finance and proficiency in financial tools. Join a forward-thinking company that values innovation and offers competitive benefits, including premium healthcare and a supportive workplace culture. This is an exciting opportunity to make a significant impact in the automotive sector.

Benefits

Premium paid medical coverage

Dental coverage

Vision coverage

401(k) matching

Paid time off

Company lease and purchase programs

Holiday shutdown

Paid volunteer hours

Premium lifestyle amenities

Qualifications

• 8-10 years of experience in corporate finance, with strong skills in financial reporting.
• Experience in the automotive industry and team supervision is a plus.

Responsibilities

• Prepare financial reports and perform variance analysis for executive management.
• Manage dealer development budget and analyze parts business performance.

Skills

Managerial Accounting

Financial Forecasting

Budgeting Principles

Data Analysis

Interpersonal Skills

Communication Skills

Bilingual (English and Korean)

Education

Bachelor’s degree in Business Administration

Bachelor’s degree in Accounting

Bachelor’s degree in Finance

Tools

SAP

SAP BW

AS400

MS Office (Excel, PowerPoint)

Job description

At Kia, we’re creating award-winning products and redefining what value means in the automotive industry. It takes a special group of individuals to do what we do, and we do it together. Our culture is fast-paced, collaborative, and innovative. Our people thrive on thinking differently and challenging the status quo. We are creating something special here, a culture of learning and opportunity, where you can help Kia achieve big things and most importantly, feel passionate and connected to your work every day.

Kia provides team members with competitive benefits including premium paid medical, dental and vision coverage for you and your dependents, 401(k) plan matching of 100% up to 6% of the salary deferral, and paid time off. Kia also offers company lease and purchase programs, company-wide holiday shutdown, paid volunteer hours, and premium lifestyle amenities at our corporate campus in Irvine, California.

Exempt

Summary

The Financial Planning and Analysis manager (FP&A manager) will play a leading role in the preparation of actual profit/loss (P/L) report, financial forecast, and annual business plan. In addition, FP&A manager will perform a detailed variance analysis on key P/L items, manage certain department budget, and engage in Fleet sales management. This position will also be heavily involved in maintaining parts (including warranty/parts profit disallowance (PPD)) business’ operational efficiency by actively managing key risk factors such as warranty rejection rate. This position will perform ad-hoc financial analyses as needed.

Major Responsibilities

1st Priority - 30%
Prepare financial reports for the executive management (monthly, quarterly, annually). Provide detailed variance analysis on financial results on a regular basis.

2nd Priority - 25%
Review and manage dealer development budget and track various dealer development-related programs such as SI2.0 project.

3rd Priority - 20%
Perform and provide detailed analysis on parts business including parts sales, warranty, and PPD.

4th Priority - 20%
Cooperate with Fleet department to manage fleet vehicle sales and prepare financial analysis for the executive management.

5th Priority - 10%
Perform various ad-hoc financial analyses as needed (long-term profitability, scenario analysis, etc.).

Education/Certification

• Bachelor’s degree in Business Administration, Accounting, Finance, or closely related field.

Overall Experience

• 8~10 years of professional work experience in corporate finance field.
• Automotive industry experience is a plus.

Directly Related Experience

• 6+ years of financial reporting (both/either internal and/or external), budget management, and financial project analysis experience in corporate environment.
• Experience in SAP/SAP BW and AS400 highly desirable.
• Previous experience with vehicle parts/warranty management and fleet business is a plus.
• Previous experience supervising a team is a plus.

Skills

Knowledge of managerial accounting, financial forecasting, and budgeting principles and practices.

Proficient with SAP/SAP BW, AS400, MS Office (Excel, PowerPoint, etc.).

Strong data and detail-oriented mindset.

Excellent inter-personal and communication skills (both verbal and written).

English and Korean bilingual preferred.

Pay Range

$87,316.74 - $117,873.05

Pay will be based on several variables that are unique to each candidate, including but not limited to, job-related skills, experience, relevant education or training, etc.