Staff Accountant

Roles & responsibilities

• Maintain various sub-ledgers to support general ledger accounts and reconcile the sub-ledgers to the general ledger to ensure integrity of systems and internal controls. Provide monthly reconciliations to Manager, Corporate Accounting for review and approval.
• Prepare journal entries for vehicle sales and cost of sales utilizing product line accounting; control and reconcile all vehicle inventory accounts; account for and administer the Porsche Center Performance Bonus (Facilities, CSI & Marketing) payment system.
• Initiate changes in the vehicle system and PVMS to SAP interface on new system; monitor and audit changes made within the vehicle pricing system; enforce and strengthen internal controls within the vehicle sales and inventory areas.
• Coordinate and supervise the planning and performing the physical inventory counts; audit and review the daily invoice register and vehicles exits to ensure proper invoicing and exiting of the vehicles from the various ports; audit daily purchases from Porsche AG to ensure proper pricing.
• Analyze vehicle sales and cost of sales for reporting purposes; analyze various vehicle accruals and maintain the ABAP table within SAP; provide financial and accounting assistance to the Sales Operations and Customer Relations departments on accounting matters.
• Prepare the internal and external financial reports in IFRS; and supporting schedules including the preparation of vehicle unit schedules for Porsche AG for reporting wholesale sales, retail sales, PCNA inventory, purchases, and dealer inventory.
• Guide and assist in the planning of monthly, quarterly, and year-end forecasts and budgets.
• Create, document, and implement process controls across multiple legal entities to include the identification of process efficiencies.
• Guide and initiate the implementation of various vehicle related controls.
• Prepare audit work papers and work closely with auditors in year-end examination.
• Perform periodic Audits of Port facilities to ensure proper revenue recognition cutoffs and documentation of vehicle movements.
• Supervise dealer drafting on all vehicles and assure payment on all vehicles sold in North America; arrange other forms of payment when drafting is not possible; and coordinate those payments with bank, floor plan sources, dealers, and relevant PCNA departments to provide timely payment for all vehicles.
• Manage the preparation and distribution of the system generated, manual invoices, and tourist delivery vehicle invoices, and approved refund checks. Execute “Hold Harmless” forms; prepare Certificates of Origin (COO); issue duplicate COOs and correspond with the Division of Motor Vehicles as necessary. Maintain control log for all COOs according to established control procedures.
• Coordinate with various departments to ensure proper reporting of all vehicle-related items (Sales Ops, Remarketing, Customer Relations, Logistics, Tax/Customs, etc.).

Qualifications

Required qualifications include:

• Bachelors Degree in Accounting is required
• 1-3 years accounting, financial analysis or in related area experience is required
• Extensive personal computer skills in Microsoft Office required including PowerPoint and excellence in Excel
• Strong analytical skills is required; excellent communication skills
• Commitment to excellence
• Must be proficient and proactive

Preferred qualifications include:

• 3-5 years accounting, financial analysis or in related area experience is required
• CPA Preferred
• Inventory Accounting experience preferred
• Balance Sheet reconciliation experience preferred
• Knowledge in SAP, and/or Zycus preferred

Percentage of required travel: 5%

Schedule/Shift: More than 40 hour work week may be required during high volume periods

Physical requirements

• While performing the duties of this job the employee is required to talk, hear, walk, sit, stand, climb stairs on occasion with prolonged periods of sitting at a desk and working on a computer.
• Must be able to lift 15 pounds.
  • Must be able to effectively work and complete tasks in an open office/noisy environment.

Direct reports

N/A

The salary range for this role is $75,000 - $85,000. However, it is important to note that at Porsche, compensation range is dependent on geographic location. Individual salaries within each range are determined through a wide variety of factors including but not limited to education, experience, knowledge and skillset. Porsche reviews compensation regularly and may adjust base salaries to reflect market competitiveness

In addition to salary, individuals may be eligible for a discretionary performance bonus. Our full suite of benefits includes:

• Paid Vacation
• Paid Holidays
• Paid Sick leave
• 401(k) match
• Medical, dental and vision coverage
• Tuition and certification reimbursement
• Life Insurance
• Short and Long Term Disability Coverage
• Subsidized gym membership program
• Subsidized Porsche and VW leasing programs

Applicants for employment in the US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States and wit Porsche Cars North America, Inc. (i.e., H1-B visa, F-1 visa (OPT), or any other non-immigrant status).