Supervisor - Accounting

About Hyundai 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 customers' 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 Supervisor - TP Accounting position is responsible for maintaining accurate accounting of Revenue and Cost of the Transportation Business.
Responsibilities
• Supervise TP Non-Standard Accounts
◦ Supervise two Sr TP Accounting Analyst and responsible for overseeing non-Standard TP Accounts: Special Moves, FSC, Claims, Rail Storage, and Port Stock Transfer
◦ During Month End closing, assist in closing the Non-Standard accounts, Review account transactions, Verify Journal Entries, and go over results with Analyst and Manager
◦ Meet weekly with Operations teams to go over Outstanding items: updates on Billing system enhancement or any open work orders, also unbilled Revenue and Cost
◦ Summarize Monthly Financial Key Results and guide other Analysts in further investigating results
◦ Responsible for calculating Earned Revenue in compliance with US GAAP and IFRS
◦ Routinely Conduct Revenue Recognition tests on every audit cycle to meet the guidelines set by Auditors
◦ Glovis Korea Reports & Aging
◦ Handle all GKR Reports on behalf of TP Accounting team. Translate reports from Korean to English and vice versa
◦ Translate Korean Reports to English for the TP Accounting team, and the English response to Korean
◦ Have a good understanding of TP Accounting Revenue aging, and work with the team on a weekly basis to get updates or investigate any issues
◦ Set up weekly meetings with Operation's team to get updates on aging, similarly with Vehicle logistics team
• Red Folder or Business Plan and Ad Hoc Analysis
◦ Red Folder Scenario Analysis or Contract review and Feasibility analysis
◦ Review Operation Department’s 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, whether there are process changes, port changes, volume redistribution, new business ventures, etc.
◦ Create written and visual explanations for financial presentation using Excel and PPT
◦ Audit - CPA, Customer, or GKR
◦ Investigate and provide the transactions requested by auditors
◦ Justify company billing completion based on the term to defend the revenue and profit loss from the change
◦ Based on guidance from Local CPA and GKR, Financial Statements must be revisited and updated
◦ Other Assignments
◦ Assist in training of New Employees and creating Training Manuals of Transportation FA
◦ Update Training manuals as needed
Compensation Range
$74,000- $84,000 Per Year (Subject to Compensation Study Upon Candidate Selection)
Benefits of working at Hyundai 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, Holidays, and Sick leave
• Pet Insurance
• 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*
*Benefits may vary by location. All benefits pursuant to Company policy
Skills
• Excellent Written and Verbal Communication Skills Required
• Accrual Based Accounting Required
• Account Reconciliation Required
• Revenue and Cost Matching Required
• Advanced Microsoft Excel Required
• Intermediate Level: Power BI, Access, Power Point Required
• High Critical Thinking Required
• Bilingual in Korean Required
Education & Experience
• Bachelors Degree Required
• 5 - 8 years of experience in Accounting/ Finance Required
• 6 - 9 years of experience in Accounting, Finance, Transportation, Supply Chain, or Logistics Preferred