Financial Analyst/ Senior Analyst, External Reporting

Credit Acceptance is proud to be an award-winning company with local and national workplace recognition in multiple categories! Our world-class culture is shaped by dedicated Team Members who share a drive to succeed as professionals and together as a company. A great product, amazing people and our stable financial history have made us one of the largest used car finance companies nationally.

Our Support teams work with multiple departments in a dynamic environment that promotes flexibility and autonomy, while offering the opportunity to collaborate with a diverse group of professionals.  We work to comply with our company standards, exceed customer expectations and drive our Great Place to Work culture.  Through the consistent delivery of quality services and understanding the needs of our business, we develop innovative improvements as we strive towards our company’s Big, Hairy, Audacious Goals!

The External Reporting Financial Analyst position assists with ensuring our compliance with U.S. Securities and Exchange Commission (SEC) reporting rules through the accurate and timely filing of required documents, providing clear and transparent communication of our business results to shareholders, lenders, and potential investors, and ensuring our compliance with Section 404 of the Sarbanes-Oxley Act (SOX 404) by maintaining effective internal controls over our financial reporting.

 

Outcomes and Activities:

SEC Filings and Press Releases:

• Assist with the accurate preparation and filing of SEC Forms and press releases by established deadlines. (Analyst)
• Populate numbers and disclosures within financial statements. (Analyst)
• Participate in subsequent tie-outs of financial statements to ensure accuracy. (Analyst)
• Prepare, tie out, and file Forms 4 as required. (Analyst)
• Draft press releases and 8-Ks for debt-related events. (Analyst)
• Maintain XBRL tagging for SEC filings. (Analyst)
• Assist corporate legal team with state-specific external reporting as necessary. (Analyst)
• Prepare and file accurate SEC Forms (i.e., 10-K, 10-Q, 8-K, 11-K, Proxy, and Form 4) and press releases by established deadlines. (Senior)
• Coordinate various layers of review with internal and external parties. (Senior)
• Maintain effective internal controls by complying with written policies and procedures.
• Assist with researching, interpreting, and implementing appropriate disclosures for changes in business activities and authoritative guidance (GAAP and SEC Reporting Rules). (Senior)
• Implement disclosure modifications and enhancements as directed. (Senior)

Design and Documentation of Internal Controls over Financial Reporting:

• Ensure the design of the internal control structure is effective; coordinate and execute the process for maintaining up-to-date documentation. (Senior)
• Assist process owners with the design and documentation of internal controls. (Senior)
• Assist with researching and interpreting new control standards issued by regulatory bodies; ensure internal control structure modifications as appropriate. (Senior)

Testing the Effectiveness of Internal Controls over Financial Reporting:

• Develop and execute a risk-based testing plan designed to ensure internal controls are operating effectively. (Senior)
• Plan, coordinate, and perform internal control testing. (Senior)
• Assist with the coordination and performance of internal control process-level testing. (Analyst)
• Coordinate and evaluate internal control self-assessments. (Senior)
• Assist process owners with the remediation of internal control deficiencies. (Senior)
• Assist with the coordination and review of annual SOC 1 reviews for vendors impacting financial reporting. (Analyst)

Audit Support:

• Prepare accurate supporting documentation for Internal Audit and external auditors.
• Coordinate external auditors’ evaluation of internal controls.

Requirements:

• Bachelor’s Degree in Accounting or equivalent work experience (Analyst)
• 1 year of accounting or auditing experience, or 3 years in a Finance role at Credit Acceptance (Analyst)
• Bachelor’s Degree in Accounting (Senior)
• 3 years of auditing experience (Senior)
• Experience designing and evaluating internal controls in either an audit role within a CPA firm or a corporate internal audit/SOX 404 role (Senior)
• Experience preparing or auditing financial statements and disclosures (Senior)
• Experience researching accounting and reporting issues, including interpreting U.S. GAAP and SEC Reporting Rules (Senior)

Preferred:

• Master’s degree in Accounting
• Certified Public Accountant or equi