Senior Warranty Accounting Analyst Job at PACCAR in Kirkland, Washington

Kenworth Division of PACCAR has an immediate opening for a Senior Warranty Accounting Analyst to join our team in Kirkland, WA.

Company Information

PACCAR is a Fortune 500 company established in 1905. PACCAR Inc is recognized as a global leader in the commercial vehicle, financial, and customer service fields with internationally recognized brands such as Kenworth, Peterbilt, and DAF trucks. PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium-, and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR also designs and manufactures advanced diesel engines, provides financial services and information technology, and distributes truck parts related to its principal business.

Whether you want to design the transportation technology of tomorrow, support the staff functions of a dynamic, international leader, or build our excellent products and services - you can develop the career you desire with PACCAR. Get started!

Kenworth Truck Company

Kenworth Truck Company is the manufacturer of The World's Best heavy and medium duty trucks. Kenworth is an industry leader in providing fuel-saving technology solutions that help increase fuel efficiency and reduce emissions. The company's dedication to the green fleet includes aerodynamic trucks, compressed and liquefied natural gas trucks, and medium duty diesel-electric hybrids. Kenworth is the first truck manufacturer to receive the Environmental Protection Agency's Clean Air Excellence award in recognition of its environmentally friendly products.

Position Summary

The Kenworth Warranty Accounting group is responsible for establishing proper balance sheet reserves, analyzing the financial impact of warranty-related transactions, and formulating financial projections. The Senior Warranty Accounting Analyst will play a key role in developing financial models, performing monthly journal entries and reconciliations, presenting key findings to management, and implementing process improvements.

Job Functions / Responsibilities:

• Perform monthly analysis of truck and engine warranty reserves, as well as deferred revenue for truck and engine extended warranties.


• Responsible for preparation of monthly, quarterly, and year-end financial reporting statements/schedules related to warranty reserves.


• Collaborate with project team responsible for implementing new warranty system and assess alignment with current processes.


• Present warranty results periodically to Senior Management.


• Prepare timely, accurate and meaningful warranty expense forecasts and budgets.


• Prepare various warranty journal entries, general ledger reconciliations and perform account analysis.


• Maintain strong control environment through adherence to Company policy and GAAP


• Utilize Business Intelligence tools to generate analysis and reporting for warranty trends. Prepare and present findings to management within Kenworth and PACCAR.


• Responsible for assigned Division internal control reviews including Sarbanes-Oxley documentation/testing and Internal Control Assessment Program reviews including identifying potential risks and opportunities.


• Special projects as assigned, including periodic truck division comparisons, extended warranty profitability studies, technical accounting research related to new product offerings, system related projects, and ad hoc reporting requests.

Qualifications & Skills:

• BS/BA in Accounting Degree


• 5+ years of relevant accounting experience with increasing responsibility


• Corporate accounting experience including preparation and submission of journal entries, financial analysis and modeling, and data analytics.


• Strong computer skills in Excel (i.e. pivot tables, macros, charts and graphs), Access (i.e. query building, report writing, etc.) and data analytic tools (i.e. Tableau, etc.)


• Excellent written and verbal communication skills


• Ability to communicate complex accounting issues at an executive level


• Strong organizational skills, including ability to manage multiple projects from beginning to end


• Deadline-driven, self-motivated and customer service oriented


• Ability to work independently, handling multiple tasks and shifting priorities

Desired Education / Experience:

• CPA or other advanced certifications


• Experience presenting to C-Level executives


• Experience utilizing SAP or large ERP


• Experience in manufacturing