Senior Finance Analyst at Yanfeng US Automotive Interior Systems I LLC in Novi, Michigan

Job Description:

Yanfeng Automotive Interiors (YFAI) is the global leader in automotive interiors. YFAI is redefining how people relax, work and play in their vehicle interiors today and decades from now. Headquartered in Shanghai, the company has 114 manufacturing plants and technical centers in 20 countries and more than 33,000 employees globally. They design, develop and manufacture interior components for all automakers. Established in 2015, Yanfeng Automotive Interiors is a joint venture between Yanfeng Automotive Trim Systems Co., Ltd, a wholly owned subsidiary of Huayu Automotive Systems Co., Ltd. (HASCO), the component group of SAIC Motor Corporation Limited (SAIC Motor), and Adient, the global leader in automotive seating. For more information, please visit www.YFAI.com.

Job Summary: 

The Senior Financial Analyst will work to achieve challenging objectives in complex environment and under time constraints; support timely and accurate analysis of financial results; consolidate the North American status and forecast/plans; and maintain records of expenses, inventories, and budget balances.

Responsibilities:

• Consolidate North American current status and check accuracy. 


• Discuss and present final reviews with Senior Leadership 


• Timely (program) reporting of all key financial information for respective business unit or reporting unit. 


• Coordinate and consolidate, where appropriate, all financial reporting for automotive group Europe 


• Continuously improve financial reporting systems and ensure that supporting systems are implemented and maintained at Division, Plant, and global levels 


• React timely on any requests from external parties. 


• Secure Hyperion validation accounts are properly reviewed 


• Use the month-end Interiors A/R aging report that is distributed by the Director, Finance to prioritize and understand past due issues. 


• Identify and communicate pricing issues at a program and part number level for Self-Bill Customers. 
  
  
  
  • Utilize Central Commercial Finance to provide reports which shows price discrepancies /quantity discrepancies at the part number level by Customer. 
  
  
  • Review CR/PO Report, Price tracker, and Metrix with AFM as needed. 
    
    
    
    • Work with the AFMs to understand differences between Accruals and Pricing Errors; and how to communicate each issue. 
    
    
    • Understand and communicate Linking Errors to AFM’s. 
    
    
    
    
  
  
  • Drive for month end closure of pricing retros and linking errors. Escalate to Interiors General Accounting Manager as needed. 
    
    
    
    • Verify using reports that AFM and BBC have processed the accounting of the retro. This will ensure that the issues have been removed from Past Due Accounts Receivable.
    
    
    • Use Business Warehouse reports weekly or as needed to review specific Customer Balances. 
    
    
    
    
  
  
  
  


• Identify and communicate Customer Debits (Quality, Warranty, Quantity, etc.) to the Plant Controllers. This A/R is known as AG DUMMY or Company Code A/R 
  
  
  
  • Drive for month end closure of debits/credits that are at a Company Code level. 
    
    
    
    • Use Business Warehouse Reports weekly or as needed to identify Customer debits/credits. 
    
    
    • Contact BBC to get backup data behind debits. If BBC does not have backup, you may need to contact the Customer or plant to obtain backup data 
    
    
    • Provide backup data to Controller and correct YFAI departments to create awareness of the debit/credit. Verify legitimacy, and discuss next steps for closure (write off/reclassification) 
    
    
    • Provide BBC with Controller Contact v. Verify that Controller and BBC have processed the accounting of the debit/credit. This will ensure that the issues have been removed from Past Due Accounts Receivable. 
    
    
    • Escalate to Director, Finance as needed.
    
    
    
    
  
  
  
  


• Support A/R management process improvements to maximize high level reporting categories and improved cash collection/application across the organization. This would entail following the outlined practices; providing feedback for improvement; adjusting the outline practices; accordingly, evaluating process changes for effectiveness. 


• Financial leadership for key projects and initiatives deemed critical to the success of the A/R management for Interiors - NA Automotive Experience business operations as directed by Director, Finance

Qualifications:

• Bachelor’s Degree in Business Administration or adequate professional experience focusing on financial/controlling especially accounting, finance, or controlling.


• 5-7+ years in an industrial company, preferably in the automotive sector 


• Strong financial analysis and planning background and accuracy, MS-Office, SAP & Hyperion experience.


• Proficient with multiple computer systems 
  
  
  
  • Microsoft Office (Word, Excel, and PowerPoint) 
  
  
  • SAP 
  
  
  • Customer Portal’s (Covisint, E-Dacore, EPNS, etc.) 
  
  
  • Lotus Notes 
  
  
  • Business Warehouse Reporting 
  
  
  • EPIC/Metrix 
  
  
  
  


• Ability to communicate technical information to nontechnical audience. 


• Ability to sort and manipulate large amounts of data.