Financial Shared Services Manager

Subaru of America; Camden (NJ); Hybrid; USD 125,000 - 168,000; Full time

Benefits offered by this job

Medical, Dental, Vision Plans

Pension, Profit Sharing, 401K Match

Paid time off: 15 vacation, 5 floating

Tuition reimbursement: $15,000/year

Vehicle discount programs

Job summary

Subaru of America is seeking a senior leader to run critical Financial Service support functions including Treasury, AR, AP and Vehicle Drafting operations. You will manage multiple teams, partner with finance and business lines, and optimize tools and processes across SOA platforms.

You will oversee bank relationships, cash forecasting, intercompany funding, and large-scale vehicle purchasing and floor plan drafting.

Qualifications

• Strong analytical and problem-solving abilities.
• Excellent communication and interpersonal skills.
• Management experience including performance management and career development.
• Ability to lead cross-functional teams and manage multiple priorities.
• Strategic thinking and process optimization mindset.
• Proficient with Oracle Order Management, A/R drafting systems, Inspyrus AP platform and project management experience to enhance automation, KPI and reporting capabilities.
• Proficient with Oracle Order Management, A/R drafting systems, and digital asset administration.
• Certified Treasury Professional (CTP), Preferred.

Responsibilities

• Manage company treasury and banking operations including cash management and liquidity.
• Oversee intercompany funding, cash flow forecasting and dividend calculations.
• Lead vehicle drafting operations and large-scale purchasing and floor plan drafting coordination.
• Oversee AP operations—vendor payments, T&E, tax payments and 1099 reporting.
• Oversee AR finance team with retailer statements, incentives/holdback, adjustments and monthly close.
• Ensure deployment and optimization of treasury, AR, AP and drafting systems.
• Implement internal controls to safeguard assets and ensure compliance (JSOX, AML).
• Develop and monitor KPI metrics for shared service operations and drive improvement.

Skills

Analytical skills

Problem solving

Communication

Interpersonal skills

People management

Cross-functional leadership

Strategic thinking

Oracle Order Management

A/R drafting systems

Inspyrus AP

CTP preferred

Digital asset administration

Education

Bachelor's degree in finance or accounting

Tools

Oracle Order Management

Inspyrus AP

Digital asset administration

A/R drafting systems

Job description

SUMMARY

Lead critical Financial Service support functions including Treasury, Accounts Payable, Accounts Receivable, and Vehicle Drafting operations. Manage multiple teams to ensure efficient, accurate and timely service delivery and serve as a business partner to finance and business line management to support SOA organizational objectives. Manage the deployment, usage and optimization of tools, technology and processes across SOA platforms.

SUMMARY

Lead critical Financial Service support functions including Treasury, Accounts Payable, Accounts Receivable, and Vehicle Drafting operations. Manage multiple teams to ensure efficient, accurate and timely service delivery and serve as a business partner to finance and business line management to support SOA organizational objectives. Manage the deployment, usage and optimization of tools, technology and processes across SOA platforms.

MAJOR RESPONSIBILITIES

• Manage company treasury and banking operations for SOA & Subsidiaries including company cash management, liquidity, intercompany funding, cash flow forecasting, and dividend payment calculations.


• Oversight of SOA Loan/Credit agreements including $2B+ cash pooling and working capital investment agreement between Mizuho Bank, SOA, Subaru Corporation and Subaru of Indiana Automotive (SIA) including weekly projections and monthly/quarterly reporting requirements.


• Lead daily Wholesale/Fleet Vehicle Drafting operations including $18B+ of vehicle and accessory purchasing from SBR and SIA and vehicle floor plan drafting from Regional Retailers and SOA Independent Distributors. Vehicle Drafting includes administration of Return Merchandise Authorization (RMA) adjustments with drafting operations requiring significant coordination with SOA Distribution/Logistics and Information Technology (IT) departments in support of Wholesale business plans.


• Oversee SOA Accounts Payable operations including vendor, supplier, pay groups, invoice creation, Check/ACH disbursements, T&E, tax payments and 1099 reporting and related reconciliation and controls to protect company assets.


• Oversee SOA Accounts Receivable(A/R) finance team in ensuring efficient and accurate Retailer Parts Statement processing including vehicle parts, retailer incentive/holdback, debit/credit adjustments and Retailer & Independent Distributor payment activity or drafting of balances due, Oracle A/R master file maintenance and monthly financial close/account reconciliation activity


• Manage the efficient and effective deployment, usage and optimization of Treasury, AR, AP and Drafting system applications, tools, technology and process workflows across the SOA organization.


• Implement/maintain effective internal controls to safeguard company assets, adherence to JSOX, AML/Bank controls and compliance with Subaru company policies.


• Develop and maintain KPI metrics to track efficiency, quality productivity and customer satisfaction of shared service operations and implement action plans based on feedback.

ADDITIONAL RESPONSIBILITIES

• Oversee SOA Foundation Investments with PNC including investment liquidity and Foundation disbursement activity.


• Manages operational funding on behalf of Subaru Acceptance Corporation (SAC) Wholesale and Subaru Service Loaner Program (SSLP) Floor Plan business operations.


• Oversee AR administration of SOA billings to affiliate companies and vendors including SBR, North American Subaru Ins (NASI) and Subaru Research & Development Inc (SRDI).


• Mentor and develop team resource utilization.

REQUIRED SKILLS & PERSONAL QUALIFICATIONS

• Strong analytical and problem-solving abilities


• Excellent communication and interpersonal skills


• Management experience, including performance management and career development


• Ability to lead cross-functional teams and manage multiple priorities


• Strategic thinking and process optimization mindset


• Proficient with Oracle Order Management, Accounts Receivable (A/R) drafting systems, and Inspyrus AP platform and project management experience to enhance automation, KPI and reporting capabilities


• Proficient with Oracle Order Management, Accounts Receivable (A/R) drafting systems, and digital asset administration.


• Certified Treasury Professional (CTP), Preferred

EDUCATION & EXPERIENCE REQUIREMENTS:

Bachelor's degree in finance or accounting required with at least 10-12 years of relevant experience required.

WORK EXPERIENCE

• Office Location: Camden, NJ apart of the Greater Philadelphia Area (Philly)


• Hybrid Role: Hybrid Role - Remote work 2 days per week (after 90 days) [Wednesdays & Fridays]

COMPENSATION

The recruiting base salary range for this full-time position is $125,000 - $168,000 / year. Within the range, individual pay is determined by factors, including job-related skills, experience, and relevant education or training. Additionally, this role is bonus-eligible , with a target bonus percentage that provides an opportunity to earn even more based on your performance. (Internal Job Grade: M2)

WHY JOIN US?

In addition to competitive salary, Subaru offers an amazing benefits package that includes:

Total Rewards & Benefits

• Medical, Dental, Vision Plans


• Pension, Profit Sharing, and 401K Match Offerings


• 15 Vacation days, 5 Floating Holidays, 5 Sick days, and 9 Company Holidays


• Tuition Reimbursement Program: $15,000 yearly benefit


• Vehicle Discount Programs

Learning & Development

• Professional growth and development opportunities


• Direct partnership with senior leadership


• Formal Mentorship Program


• LinkedIn Learning License

Visit our careers landing page for additional information about our compensation and benefit programs.

ABOUT SUBARU

Love. It's what makes Subaru, Subaru®. As a leading auto brand in the US, we strive to be More Than a Car Company®. Subaru believes in being a positive force in the communities in which we live and work, not just with donations but with actions that set an example for others to follow. That's what we call our Subaru Love Promise®.
Subaru is a globally renowned automobile manufacturer known for its commitment to innovation, safety, and sustainability. With a rich history dating back to 1953, Subaru has consistently pushed the boundaries of automotive engineering to deliver vehicles that offer not only exceptional performance but also a unique blend of utility and adventure.
Subaru's company culture is built on collaboration, diversity, and a shared passion for our product. We foster an inclusive environment that encourages employees to bring their unique perspectives and talents to the table. Our team members are driven by a common goal: to create exceptional vehicles that inspire and delight our customers.