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Hyundai Motor Company · 7 hours ago

Senior Associate, Cost Accounting

Fountain Valley, CA

Full-time

Onsite

Mid, Senior Level

$59K/yr - $84K/yr

4+ years exp

Hyundai Motor Company is a leading automotive manufacturer that focuses on performance, quality, design, and innovation. The Senior Associate, Cost Accounting role involves providing SAP system expertise, maintaining vehicle standard costs, preparing financial statements, and ensuring accuracy in cost detail while working closely with various internal and external stakeholders.

AutomotiveManufacturingTransportation

Responsibilities

Verify and ensure the accuracy of cost detail provided by the Vehicle Cost System

Maintain and monitor vehicle standard costs; review and resolve price variances as required

Prepare monthly journal entries relative to areas of responsibility and participate in month-end closing tasks as assigned

Prepare monthly account reconciliation’s on assigned general ledger accounts; work to resolve discrepancies in a timely manner

Prepare assigned financial statements and reports related to vehicle/parts accounting including preparation of internal and external financial schedules

Review and analyze vehicle sales, cost, margin, and variances to prior periods and budget; review, process, and research cost data generated from SAP COPA module and related reports including KFIN, Allocated P&L by Channel/Series, and other similar reports as developed from time to time

In cooperation with Glovis port manager and processors, coordinate and conduct annual vehicle Port Physical Inventory and related reconciliations for assigned port locations

Prepare monthly journal entries and tracking schedules to record sales provision accruals on both a GAAP and IFRS accounting basis

Assist with preparation and reporting of monthly and quarterly intercompany reporting

Develop/maintain desk procedures for areas of assigned responsibility

Assist in the operation of the Finance Department records retention and disposition program

Document changes to vehicle accounting procedures as needed

Track and cost vehicles related to HCA lease vehicle program to compute applicable sales rebate; coordinate vehicle transactions and approvals with HCA

Provide analysis and schedules as required in support of quarterly and yearly audit engagements

Performs review and finance approval of accounts payable accounting documents up to delegated amounts (currently $5,000)

Creates monthly journal entries and account posting to record and adjust for accounting transactions

Submits ITSM requests to correct system issues and/or performance improvements as required

This is a support position, focused on delivering day to day tasks and analyses with a degree of autonomy while receiving general instructions and supervision

Exercise of discretion and independent judgment directly related to significant management and/or general business operations is not required

Qualification

SAPCost AccountingSQLExcelFinancial ReportingAnalytical SkillsCommunication SkillsDetail OrientedOrganizational Skills

Required

Must be a high school graduate

Bachelor's degree in Accounting or Finance preferred or equivalent work experience

Four or more years of experience in accounting or finance with three to four years in a cost accounting capacity

General knowledge of general and standard cost accounting methods and principles

Good verbal and written communication skills and the ability to formally present financial information relative to assigned tasks

Detail oriented with good organization skills

Strong analytical skills and the ability to think critically

SQL Database query utilization and development

Possess considerable working knowledge of Excel spreadsheet program and utilize software to automate reporting requirements

Working knowledge of inventory control and physical inventory procedures

SAP knowledge helpful

Benefits

Holiday Pay - the company shuts down with pay between Christmas and New Years.

Medical, dental, and vision insurance for you and your family, with employer contributions to Health Savings Accounts

401(k) retirement plan with Employer Match

Additional 401(K) Employer Enhanced Contribution program – eligible after 1 year of employment, in addition to the regular employer matching contribution

Vacation and sick time off

Employer-paid basic life and disability coverage, including Paid-Family Leave.

Mental health, wellbeing, and employee assistance program

Health advocate (support)

Education Reimbursement program: Up to $5,250 per year for employees seeking higher education degrees.

External Training and Development Programs