Consultant, Retirement Benefits Accounting

Toyota North America • Plano, TX

2d

About The Position

Overview Who we are Collaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the world’s most admired brands, Toyota is growing and leading the future of mobility through innovative, high-quality solutions designed to enhance lives and delight those we serve. We’re looking for talented team members who want to Dream. Do. Grow. with us. To save time applying, Toyota does not offer sponsorship of job applicants for employment-based visas or any other work authorization for this position at this time. Who we’re looking for Toyota’s Corporate Accounting Department is looking for a passionate and highly motivated Consultant, Retirement Benefits Accounting. The primary responsibility of this role is to lead the accounting, financial reporting, audit coordination, and strategic management of pension and retirement benefit plans, partnering with cross-functional senior leadership, external auditors, and actuaries to ensure compliance, accuracy, and operational efficiency. Reporting to the Senior Manager, Corporate Accounting, the person in this role will support the Corporate Accounting’s department's objective to ensure the accurate accounting, reporting, and compliance of all pension and retirement benefit plans across the organization by providing financial oversight, maintaining strong internal controls, supporting regulatory and audit requirements, and delivering timely, reliable information to executive leadership and stakeholders for informed decision-making.

Requirements

• Bachelor’s degree in Accounting
• 7+ years of accounting experience (in similar field and/or industry)
• Mixture of public/private accounting experience
• CPA License
• Enthusiastic self-starter with ability to tackle multiple projects simultaneously.
• Strong US GAAP Knowledge
• Strong leadership skills in taking the initiative to lead Kaizen efforts and change management
• Broad financial analytical skills

Nice To Haves

• Familiarity with Toyota business operations and accounting processes
• Strong pension accounting knowledge
• Experience with SAP S4/HANA
• Experience using Blackline

Responsibilities

• Manage the annual Benefit Plan Audit across multiple divisions, coordinating with senior stakeholders in HR Benefits, Payroll, Treasury, Tax, Legal, Finance, and external auditors (Senior to Partner level).
• Complete the financial statement disclosure checklist in support of the Benefit Plan audit process
• Serve as the primary point of contact for external auditors during benefit plan audit, coordinate audit requests, provide documentation and resolve inquiries in a timely manner.
• Present audited financial statements to executive level management such as the TMNA CAO and CFO Prepare audited financial statements for U.S. Savings, Pension, and Post-Retirement Benefit Plans.
• Draft annual pension footnote disclosures for inclusion in Toyota’s consolidated financial statements (TMNA AFS).
• Review financial statements, reports, and disclosures to ensure accuracy and compliance with GAAP, IFRS, and regulatory requirements.
• Lead month-end and year-end close processes for retirement benefit accounts, including preparation and posting of US GAAP and IFRS journal entries.
• Review and approve general ledger account reconciliations related to retirement plan assets and liabilities.
• Monitor and analyze pension plan assets, liabilities, funding status, and cash flows on a quarterly basis.
• Research, evaluate, and document technical accounting positions related to retirement benefits, including policy changes and regulatory updates.
• Oversee accounting and participation in unionized retirement plans across North American entities.
• Support corporate initiatives and special projects involving plan mergers, acquisitions, and design changes.
• Partner with external actuarial firms (e.g., Willis Towers Watson) to coordinate deliverables, review reports, and evaluate plan obligations.
• Assess the financial impact of legislative or plan changes on company operations and financial statements.
• Respond to inquiries from internal and external stakeholders, including auditors, regulators, and employees, on pension and retirement benefit matters.
• Prepare executive-level reports and presentations related to pension accounting and benefit plan performance.
• Ensure compliance with Sarbanes-Oxley (SOX) requirements and controls, for all retirement and benefit plan accounting processes

Benefits

• A work environment built on teamwork, flexibility and respect
• Professional growth and development programs to help advance your career, as well as tuition reimbursement
• Team Member Vehicle Purchase Discount
• Toyota Team Member Lease Vehicle Program (if applicable)
• Comprehensive health care and wellness plans for your entire family
• Toyota 401(k) Savings Plan featuring a company match, as well as an annual retirement contribution from Toyota regardless of whether you contribute
• Paid holidays and paid time off
• Referral services related to prenatal services, adoption, childcare, schools and more
• Tax Advantaged Accounts (Health Savings Account, Health Care FSA, Dependent Care FSA)
• Relocation assistance (if applicable)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level