Description
Legal Entity: American Honda Finance Corp.
Business Unit: American Honda Finance Corp
Division: Finance & Administration Division
Work Location: Torrance - Main Campus Location
Workstyle: Onsite
Job Grade: Exempt-2
Salary Range: $73,300.00 - $110,000.00
Job Purpose
EX2 Financial Analyst – Accounting Operations
American Honda Finance Corporation (AHFC) is seeking a Financial Analyst for our Accounting Operations department. This position will provide accurate and timely estimates and support used for financial reporting in areas related to credit loss for AHFC & HCFI CFS/DFS portfolios. Develop, enhance, and maintain financial models and assumption updates/enhancements under USGAAP and IFRS reporting standards. Responsible for administration of HCFI credit loss model and communication to the Company’s Credit Loss Committees in response to changing business conditions, regulatory environment, and accounting policies.
Key Accountabilities
Key Accountabilities will include but are not limited to
Process/validate HCFI credit loss forecast models under SOX controls and prepare subsequent monthly/quarterly loss reserve reporting
Support department Senior Financial Analysts in processing data extracts, maintain department databases, and AHFC forecast models
Perform analytics on HCFI delinquency, originations, net charge-off, economic and probability of default for CFS and DFS portfolios.
Support department Senior Analysts to prepare quarter-end credit loss model back testing, footnotes
Perform analytics on quarterly balance sheet and income statement financial statements
Provide data analytics and support explanations for internal SOX and external KPMG audits
Provide HCFI credit loss reserve forecasts to Planning Department
Provide system support, testing, and validation on department projects and initiatives
Qualifications, Experience, and Skills
We are looking for qualified people with diverse backgrounds and experiences, open minds, and a disciplined work ethic. To bring the future to Honda as a Financial Analyst, you must have:
4-year BS degree in Accounting from a major university with an emphasis on Accounting, Finance, Economics or Statistics
Minimum 3-years’ experience in financial analysis and accounting
Extensive experience with Microsoft Office suite (Access, Excel, Word, PowerPoint) and Business Objects (relational databases)
Experience in analytics of consumer finance receivables
Knowledge of consumer credit performance metrics, used car market, Honda/Acura products, macro-economic indicators, SOX controls, and external audit processes
Other Job Specific Skills:
Ability to work with large data sets to derive, aggregate, and calculate key performance metrics and assumptions
Ability to maintain financial models based on specific accounting and reporting requirements.
Highly detailed analytics skills to understand, interpret, and effectively communicate results of financial models
General knowledge of GAAP related to credit loss allowances and lease accounting
Excellent oral & written communication skills to effectively interface with management, co-workers, external parties, & auditors
Working Conditions
Workstyle: Onsite at Torrance location, 5% travel
What differentiates Honda and make us an employer of choice?
Total Rewards:
Competitive Base Salary (pay will be based on several variables that include, but not limited to geographic location, work experience, etc.)
Paid Overtime
Regional Bonus (when applicable)
Industry-leading Benefit Plans (Medical, Dental, Vision, Rx)
Paid time off, including vacation, holidays, shutdown
Company Paid Short-Term and Long-Term Disability
401K Plan with company match + additional contribution
Relocation assistance (if eligible)
Career Growth:
Advancement Opportunities
Career Mobility
Education Reimbursement for Continued Learning
Training and Development Programs
Additional Offerings:
Tuition Assistance & Student Loan Repayment
Lifestyle Account
Childcare Reimbursement Account
Elder Care Support
Wellbeing Program
Community Service and Engagement Programs
Product Programs
Honda is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status, or any other protected factor.
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