Financial Planning & Analysis Manager
Irvine, CA, US, 92606
At Kia, we’re creating award-winning products and redefining what value means in the automotive industry. It takes a special group of individuals to do what we do, and we do it together. Our culture is fast-paced, collaborative, and innovative. Our people thrive on thinking differently and challenging the status quo. We are creating something special here, a culture of learning and opportunity, where you can help Kia achieve big things and most importantly, feel passionate and connected to your work every day.
Kia provides team members with competitive benefits including premium paid medical, dental and vision coverage for you and your dependents, 401(k) plan matching of 100% up to 6% of the salary deferral, and paid time off. Kia also offers company lease and purchase programs, company-wide holiday shutdown, paid volunteer hours, and premium lifestyle amenities at our corporate campus in Irvine, California.
Status
Exempt
General Summary
The Financial Planning & Analysis Manager serves as one of five members of the Kia NA Finance Team and reports directly to the Executive Finance Coordinator of Kia NA. The Kia NA Finance Team operates in a collaborative manner, and the Manager should bring experience in aggregating and analyzing financial reporting packages from international subsidiaries. A willingness to actively contribute ideas and identify solutions is also essential, as this approach is crucial for maintaining strong financial management skills and business acumen.
The Financial Planning & Analysis Manager is responsible for the generation of both short-term and long-term business plan packages, meticulous tracking and analysis of actual performance, scrutinizing profit & loss (P&L) variances, providing concise gap analysis, and preparing comprehensive financial reporting packages. The position requires specialized knowledge in accounting and treasury to create monthly cash balance and cash projection reports. These reports should be accompanied by a thorough cash flow analysis aligned with P&L, Working Capital (W/C), and other accounting principles. The Manager also leads the assessment of product profitability and driving the development of financial information systems to automate and streamline financial analysis processes. Drawing upon robust data management skills, the manager contributes to the advancement of financial information systems.
Essential Duties and Responsibilities
1st Priority - 30%
- Consolidate and analyze the Profit & Loss (P&L) statements for Kia NA
- Kia America (KUS)
- Kia Canada (KCA)
- Kia Georgia (KaGA)
- Kia Mexico (KMX)
- Analyze Kia NA’s consolidated P&L as a standalone entity, identifying key trends, variances, and performance drivers.
2nd Priority - 30%
- Prepare monthly cash balance and cash projection reports with detailed variance analysis. Lead treasury operations, including risk management and liquidity oversight. Liaise with regional entities and headquarters to resolve discrepancies and ensure data integrity.
3rd Priority - 20%
- Conduct profitability analysis at the product level (by model and trim), comparing targets to actual results. Contribute to the quarterly product profitability reporting process.
4th Priority - 20%
- Lead initiatives to improve and automate financial analysis tools and reporting processes. Manage ad-hoc financial reporting and project requests from Kia Corporation (Kia HQ) in Korea.
Qualifications/Education
- Bachelor’s degree in Accounting/Finance or equivalent experience.
Job Requirement
Overall Related Experience:
- 5-7 years of experience in Financial Analysis and P&L reporting required.
Directly Related Experience:
- 3-5 years of experience in the automotive industry preferred.
- Experience with International Financial Reporting Standards (IFRS) required.
- Previous experience in a supervisory position preferred.
- Specialized experience in accounting and treasury creating monthly cash balance and cash projection reports preferred.
- Previous experience in aggregating and analyzing financial reporting packages from international subsidiaries preferred.
- English/Korean bilingual proficiency strongly preferred.
Specialized Skills and Knowledge Required
- Solid understanding of financial accounting and cost accounting concepts.
- Excellent analytical and organizational skills.
- Advanced PC skills with a strong proficiency in MS Office (Excel, Access) and SAP.
- Excellent written and verbal communication skills
- Data management for financial information systems.
- Ability to lead team members, manage competing priorities, and achieve results through effective planning, delegation, and collaboration.
Competencies
- Care for People
- Chase Excellence Every Day
- Dare to Push Boundaries
- Empower People to Act
- Move Further Together
Pay Range
$87,317 - $121,409
Pay will be based on several variables that are unique to each candidate, including but not limited to, job-related skills, experience, relevant education or training, etc.
Equal Employment Opportunities
KUS provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, ancestry, national origin, sex, including pregnancy and childbirth and related medical conditions, gender, gender identity, gender expression, age, legally protected physical disability or mental disability, legally protected medical condition, marital status, sexual orientation, family care or medical leave status, protected veteran or military status, genetic information or any other characteristic protected by applicable law. KUS complies with applicable law governing non-discrimination in employment in every location in which KUS has offices. The KUS EEO policy applies to all areas of employment, including recruitment, hiring, training, promotion, compensation, benefits, discipline, termination and all other privileges, terms and conditions of employment.
Disclaimer: The above information on this job description has been designed to indicate the general nature and level of work performed by employees within this classification and for this position. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Nearest Major Market: Irvine California
Nearest Secondary Market: Los Angeles