Port Processing Accounting Team - Senior Analyst at GLOVIS… · Irvine

About GLOVIS America Inc.
GLOVIS America, Inc. is a third-party logistics provider headquartered in Irvine, CA. Since our inception in 2002, we are committed to delivering our customer's products via truck, rail, or ocean vessel throughout the U.S., Canada, and Mexico. Glovis America makes every effort to exceed standards by providing quality service to our customers and vendors of the automotive, freight forwarding, parts distribution, used car, and fuel industries. We cater logistics strategies and processes to our customers' needs by utilizing the latest information systems and advanced technologies.
Summary
The Accounting Senior Analyst position is responsible for maintaining accurate accounting of Revenue and Cost of Port Processing Business, analyzing financial activities and profitability, and reporting the findings to management.
Compensation
$53,279- $63,934 yearly salary range. (Subject to Compensation Study Upon Candidate Selection)
Responsibilities
1. Daily Invoice Review and Verification
• Perform daily verification of document (System / Manual invoices) transmitted to SAP by Operation departments.
• Perform routine verification of customer / vendor rates for its accuracy compared to contracts.
• Follow-up on discrepancies or pending items to ensure transactions are recorded properly.
2. Month-End Closing and Reporting
• Analyze detailed service completion data from various operational systems (ITMS, Portal, iVELES) to determine "SB (Should-be)" revenue and cost according to accrual base by cut-off day.
• Identify any unbilled revenue and cost by analyzing data in operational systems, and accrue the unbilled balances by service month, ensuring accuracy and compliance with accounting standards.
• Simulate revenue, direct margin, and perform P&L analysis before finalizing financial books.
• Investigate unbilled revenue and provide explanation for aging.
• Perform preliminary closing procedures to identify unbilled revenue and costs, also reconcile discrepancies as necessary.
3. Variance Analysis and Profitability Analysis:
• Conduct analysis of periodical trends including Year-Over-Year (YOY), Quarter-Over-Quarter (QOQ), and Month-To-Month (MTM) comparisons to identify patterns and report to the finance management
• Track and follow up on changes in contracts to ensure revenue and costs are to recognize in timely manner. Reviewing Operating systems, reconcile with SAP, ensure to recognize the amount correctly. When identifying discrepancies, notify to operations requesting further investigation and /or corrections.
Preparing analyses
• Red Folder analysis, Contract review, and Feasibility analysis. Responsible for understating the specific changes that are going to be made with our Customer or Vendors, whether it is a rate increase/decrease, establishing a new rate opening/closing a port, changing billing method, modifying the way in which the vehicles are processed or delivered, etc. and providing accounting manager, Controller, and Operations of financial concerns or findings.
• Participate and review annual Business Plan. This would require an in-depth analysis of comparing the Business Plan to the Actuals for the current year and the year prior. Confirming all assumptions made by Operations to plan for any significant modifications in the business.
Reporting & Analytics
• Ensure all the financial activities meet the internal guideline
• Support and prepare various analysis including trend analysis, port margin analysis, or variance analysis
• Support Finance management team, C-Suites, and Auditors with various reports or analysis
Other duties as assigned
Benefits of working at GLOVIS America Inc.
• Medical Insurance
• Vision Insurance
• Dental Insurance
• Health Care & Dependent Care Flexible Spending Accounts (FSA)
• Basic Life and AD&D as well as Short-Term & Long-Term Disability
• Paid Vacation, 14 Holidays, and Sick leave
• Hospital and Critical Illness Insurance
• Wellness Program and Gym Reimbursement*
• 401(k) with Generous Matching
• Referral Bonuses*
• Auto Allowance*
• Quarterly Employee Lunches, Summer Refreshments, and Monthly Team Building Activities*
• Discretionary Bonuses*
• Tuition Reimbursement*
All benefits pursuant to Company policy
Skills
• Good accounting knowledge/background preferred
• Proficient with PC skills: Excel, Word
• Proficient with PC skills: PowerPoint, SAP, Power BI
• Excellent written and verbal communication skills
• Detail-oriented and organized
• Perform other duties and special projects as assigned.
Education & Experience
• Bachelors Required
• 1 - 5 years of direct experience in Finance, Accounting
Glovis America, Inc. adheres to the equal employment opportunity guidelines set forth by federal, state, and local laws. The information requested on this form is sought in good faith and will not be used to discriminate against the applicant based on race, religion or creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic characteristics, marital status, sex or gender (which includes pregnancy, childbirth, or related circumstances), gender identity, gender expression, age, citizenship, sexual orientation, family care or medical leave status, military and veteran status, political affiliation, or any other characteristic protected by federal, state and local laws.
Physical Requirements
• Ability to sit in front of a desk and/or in front of the computer for long periods
• Must operate desktop, computers, laptop, printer, scanners, shredders, etc.
• Constant use of hand/grasping product, writing, and typing
• Sit for 5+ hours per day
• Stand, walk, bend, stoop, reach over shoulder, kneel, push, pull 1-3 hours per day
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this job.
Working and Environmental Conditions
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
• Typical office environment with low-level noise exposure
• This position is located in the Irvine, CA office
The above statements are intended to describe the general nature of work performed by employees assigned to this position. They are not intended to be a complete list of all job duties performed by persons in the position. Glovis America reserves the right to revise or amend duties at any time as the needs of the company and requirements of the job change.