Senior Accountant - Accounts Receivable

SUMMARY

Performs accounting responsibilities related to assigned functional area accounts which includes the analysis, maintenance, reconciliation, examination, and verification of accounts activity. Responsible for posting and closing assigned accounts on a monthly basis. Completes account analysis and may prepare financial statements. Identifies, summarizes, and validates transactional data created by Oracle financial system module. Provides critical reports and assessments for management action.

MAJOR RESPONSIBILITIES

• Completes monthly closing of accounts in assigned functional area to include journal entries, reconciliations, and supporting financial schedules, as well as closing the AR Receivable module at month end. Develops estimates (accruals) for any costs incurred but not paid.

• Reconciles all activity for assigned general ledger accounts utilizing aging reports and Oracle financial statements. Researches and corrects accounting discrepancies that may not have an apparent or clear rationale upon initial review.
• Generates and issues monthly statements as well as responds to inquiries from relevant parties. Performs research into inquiries and explains rationale for accounting decisions.
• Generates information for accounting/financial documentation including balance sheets, income statements, cash flow statements, and fiscal year-end statements, all with supporting analysis.
• Audits and records all funds movement, as well as records all material adjustments to financial statements. Matches amounts to their source.
• Ensures that all Japanese standards for Financial Instruments and Exchange Act (J-SOX) compliance controls are followed.
• Analyzes transactions to ensure accuracy of balances and that transactions are accounted for appropriately within the general ledger system. Uses judgment to make necessary adjustments. Distinguishes trends of assigned accounts/functional areas.
• Prepares and distributes analysis and summary reports to all management levels. Performs depreciation, amortization, forecasting, and projection analyses as requested.
• Processes and reconciles dealer netting to ensure proper payment to retailers for credit balances on month-end parts statements.
• Prepares and reconciles the retailer parts statement drafting file before submitting to PNC Bank for ACH debit. Processes Lockbox payments daily.
• Processes Added Security check files. Makes decisions on the type of charge and what corresponding transaction needs to be completed in Accounts Receivable (A/R). Resolves transaction issues within each file. Works seamlessly with Subaru Added Security (SAS) management, Accounts Payable (A/P), and Cash Management to resolve reconciliation issues.
• Drafts the Corporate Vehicle Out of Household leases on a monthly basis. Researches and resolves drafting issues. Provides receipt information and reports to Corporate Vehicles. Maintains the Corporate Vehicle Lease Program (CVLP) banking updates in the Oracle system.

ADDITIONAL RESPONSIBILITIES 

• Works with internal and external auditors by providing requested data, explanations, and process details as requested.
• Collaborates with the Accounting team in the implementation of various financial systems and process improvements on an as-needed basis in order to drive efficiency and effectiveness within the financial process.
• Stays current with Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) as they relate to your specific area of responsibility.
• Maintains the Oracle Receivable Customer module for additions of new retailers and changes to retailer information.
• Bills Subaru Corporation (SBR) and North American Subaru, Inc. (NASI) on a monthly basis and reconciles the receivable accounts.

REQUIRED SKILLS & PERSONAL QUALIFICATIONS 

• Working knowledge of the Oracle Financial Package or experience with relevant enterprise resource planning (ERP) financial systems.

• Experience with financial software systems such as Qlik, OneStream, GL Wand, and/or Essbase and ability and willingness to learn new financial software systems as needed.
• Highly proficient in Microsoft Office Suite (particularly Excel and Word).
• Ability to work independently with limited supervision.
• Ability to adhere to strict deadlines.
• Strong problem-resolution abilities.
• Knowledge of Generally Accepted Accounting Principles (GAAP), Internal Financial Reporting Standards (IFRS), and accounting analysis.
• Knowledge of Japanese standards for Financial Instruments and Exchange Act (J-SOX).
• Ability to prepare journal entries and reconcile accounts independently and accurately.
• Ability to create entries and reports from a large amount of detailed data.
• Experience with financial analysis, forecasting, and reporting and strong analytical skills to identify and resolve variances and exceptions.
• Excellent communication skills to resolve any transaction and accounting discrepancies and to collaborate with all levels of management.
• Ability to contribute to or lead projects and work as part of a cross-functional team and business partner.
• Non-Clinical/CPA - Certified Public Accountant, preferred

EDUCATION & EXPERIENCE REQUIREMENTS: Bachelor's degree in Finance or Accounting required And Master's Degree in Finance or Accounting preferred; with at least 4-6 years of relevant experience required.

• 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]   

• Effective Team Management: Ability to provide effective coaching, feedback, and development opportunities that foster individual and team success.

• Travel Requirements: No travel required.

COMPENSATION: The recruiting base salary range for this full-time position is $75,000 - $90,000 / 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: P2)

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.

This employer participates in E-Verify and will provide the federal government with your Form I-9 information to confirm you are authorized to work in the U.S. For more information on E-Verify, please refer to the official E-Verify Participation Notice.