Apply on Employer Site

GLOVIS America, Inc. · 15 hours ago

Senior Analyst - TP Accounting

Irvine, CA

Full-time

Onsite

Mid, Senior Level

$58K/yr - $63K/yr

3+ years exp

GLOVIS America, Inc. is a third-party logistics provider headquartered in Irvine, CA. The Senior Analyst - TP Accounting position is responsible for maintaining accurate accounting of Revenue and Cost of Transportation Business, analyzing financial activities and profitability, and reporting the findings to management.

AutomotiveTransportation

Responsibilities

Month End Closing and Reporting for HMA TP Revenue and Cost

Calculate Earned Revenue in compliance with US GAAP and IFRS

Calculate monthly revenue accrual for TP Business, confirming Revenue contract rates and ITMS shipment data of Earned Revenue for the closing period

Investigate any unbilled Revenue and track AR aging

Calculate Vendor Cost either by validating Vendor Contracts in ITMS or approved Special Moves rates awarded by Operations

Accrue Unbilled Cost, Based on Matching Principle

Investigate any unbilled Cost and track AP aging

Variance Analysis and Profitability Analysis for HMA TP Standard Accounts

Responsible for Post-Closing analysis and Non-Standard Month End Closing Reports

Must acquire understanding of TP Business and work collaboratively with VL Team to provide meaningful analysis of P&L, Sales-mix, Shipment deviations, etc of TP Business

Will analyze variances by: Actual vs Business Plan, Month to Month Analysis, Month vs YTD Analysis

Present GM Monthly Results to Supervisor or Manager and explain variances

HMA Monthly Reports and Projects

Complete HMA MOU 2025 Report after closing

Track Incremental Cost and Recovery

Complete reports related to HMA aging, tax, etc

Set up weekly meetings with Operation's team to get updates on aging, similarly with Vehicle Logistics team

Initiate and follow through on all HMA Billing Enhancement or Accrual Process Changes

Daily Invoice Review, Routine Verification, and Red Folder

Perform daily review of AR and AP invoices that are parked in SAP. After invoice review, send invoices to Edoc for posting. For any AR or AP invoice errors, submit invoice for Rejection. Follow up immediately with Operations for invoice resubmission

Perform routine verification of standard vendor rates and standard billing rates for its accuracy compared to contracts

Review Operation Department's annual Business Plan

In-depth analysis of comparing the Business Plan to the actuals for the current year and the year prior and confirming all assumptions made by Operations to plan for any significant modifications in the business

Red Folder Analysis or Contract Review and Profitability analysis

Understating the specific changes that are going to be made with our customers or vendors contracts, whether it is a rate increase/decrease, establishing a new rate opening/closing a port, changing transportation routes, modifying the way in which the vehicles are processed or delivered, etc, and providing financial concerns

Follow up with Third Party Auditor

Ensure all the financial activities meet the internal guideline

Prepare all the backup to provide the test results with auditors

Maintain all converted worksheets for auditors

Other duties as assigned