Treasury Accounting Analyst

Toyota North America • Plano, TX

3d

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. An important part of the Toyota family is Toyota Financial Services (TFS), the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity, it is an essential part of this world-changing company- delivering on Toyota's vision to move people beyond what's possible. At TFS, you will help create best-in-class customer experience in an innovative, collaborative environment. 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 The Toyota Financial Services Treasury Accounting group is looking for a passionate and highly motivated Treasury Accounting Analyst. The primary responsibility of this role is to prepare and record journal entries, prepare and/or review account reconciliations, and prepare various reporting requirements. This may also include reviewing journal entries, analyses and disclosures prepared by other team members or contingent staff as assigned. Reporting to the Treasury Accounting Supervisor, the Treasury Accounting Analyst will support the daily, monthly, quarterly, and annual accounting and reporting requirements for the Treasury Accounting group. What you’ll be doing Participating in month-end, quarter-end and year-end close activities such as preparing journal entries, account reconciliations, and rollforwards to ensure the accuracy of reported information Participating in quarterly and annual SEC, global reporting, governmental or statutory reporting processes including but not limited to developing and/or updating financial reporting and related disclosures for use in the SEC or parent reporting processes Completing monthly/quarterly/annually SOX compliance testing Assisting with departmental projects and ad hoc requests. Such projects or tasks may include assisting with subledger or systems upgrades, new product implementation, spreadsheet controls or automation, internal controls design or implementation Identifying potential opportunities for improvement in the accounting, tax, and finance areas Gaining a thorough understanding of TFS business Gaining an in-depth understanding of TFS Accounting policies, systems, and processes Research and identify how upcoming changes to FASB and SEC guidance could potentially impact TMCC and TFSB’s investment accounting and reporting requirements. Develop processes and procedures and related documentation (including flowcharts) to support ongoing efforts to reduce operating costs and improve overall internal controls. Developing improved reporting and analytics to support managerial decision making Participate in key accounting or treasury initiatives as the treasury accounting subject matter expert What you bring Four-Year College Degree (BA or BS) in Accounting, Finance or related field 3+ years of relevant work experience in similar field and/or industry Demonstrated ability to work independently in a demanding, project-oriented Advanced knowledge of MS Office, especially Excel and more complex formulas (i.e., macros, SumIf, Vlookup, pivot tables, Power Query) Added bonus if you have MBA or advanced degree CPA preferred 1+ years with a public accounting firm or other professional service firm Experience in financial services industry preferred Experience in financial analysis, financial markets, or capital markets accounting services is preferred Working knowledge of treasury accounting and reporting requirements including debt, derivatives, and investments (ASC 815, 820 and 825) preferred What We’ll Bring During your interview process, our team can fill you in on all the details of our industry-leading benefits and career development opportunities. A few highlights include: 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) Belonging at Toyota Our success begins and ends with our people. We embrace all perspectives and value unique human experiences. Respect for all is our North Star. Toyota is proud to have 10+ different Business Partnering Groups across 100 different North American chapter locations that support team members’ efforts to dream, do and grow without questioning that they belong. Applicants for our positions are considered without regard to race, ethnicity, national origin, sex, sexual orientation, gender identity or expression, age, disability, religion, military or veteran status, or any other characteristics protected by law. Have a question, need assistance with your application or do you require any special accommodations? Please send an email to [e-mail]. At Toyota, we don’t just have a vision, but a group of talented, dedicated people who work hard every day to turn that vision into reality. Our mission is to build a future where everyone has the freedom to move. We believe that nothing is impossible. We have big dreams and persevere through any obstacles. We work together to create the future of mobility and make the world a better place. Career Possibilities: Toyota is a place for people who dream big and are determined to make those dreams a reality. We encourage innovation and look for people who will challenge the status quo in order to make the world a better place. We thrive on teamwork and collaboration and know diverse backgrounds, experiences and perspectives are not only the right thing for our people, they are a business imperative. Together, we’re empowered to forge our own paths — to be agile, curious and embrace a growth mindset and immerse ourselves in situations to gain new perspectives and to inspire bold, innovative ways of thinking and working. Our success as a company is directly tied to our team members’ success, and our collective ability to give back to society through an unwavering commitment to delight our customers and make people’s lives better. If you want to be part of the next-generation of innovations that help keep the world moving, then join us. And let’s start our impossible, together.

Requirements

• Four-Year College Degree (BA or BS) in Accounting, Finance or related field
• 3+ years of relevant work experience in similar field and/or industry
• Demonstrated ability to work independently in a demanding, project-oriented
• Advanced knowledge of MS Office, especially Excel and more complex formulas (i.e., macros, SumIf, Vlookup, pivot tables, Power Query)

Nice To Haves

• MBA or advanced degree
• CPA preferred
• 1+ years with a public accounting firm or other professional service firm
• Experience in financial services industry preferred
• Experience in financial analysis, financial markets, or capital markets accounting services is preferred
• Working knowledge of treasury accounting and reporting requirements including debt, derivatives, and investments (ASC 815, 820 and 825) preferred

Responsibilities

• Participating in month-end, quarter-end and year-end close activities such as preparing journal entries, account reconciliations, and rollforwards to ensure the accuracy of reported information
• Participating in quarterly and annual SEC, global reporting, governmental or statutory reporting processes including but not limited to developing and/or updating financial reporting and related disclosures for use in the SEC or parent reporting processes
• Completing monthly/quarterly/annually SOX compliance testing
• Assisting with departmental projects and ad hoc requests. Such projects or tasks may include assisting with subledger or systems upgrades, new product implementation, spreadsheet controls or automation, internal controls design or implementation
• Identifying potential opportunities for improvement in the accounting, tax, and finance areas
• Gaining a thorough understanding of TFS business
• Gaining an in-depth understanding of TFS Accounting policies, systems, and processes
• Research and identify how upcoming changes to FASB and SEC guidance could potentially impact TMCC and TFSB’s investment accounting and reporting requirements.
• Develop processes and procedures and related documentation (including flowcharts) to support ongoing efforts to reduce operating costs and improve overall internal controls.
• Developing improved reporting and analytics to support managerial decision making
• Participate in key accounting or treasury initiatives as the treasury accounting subject matter expert

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)

What This Job Offers

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