Financial Compliance Advisor

Job Purpose

This role is an expert/individual contributor accounting position within Honda Trading America's Accounting & Finance division.  Overall, this position primarily leads the compliance activities relating to Sarbanes Oxley (SOX) Process Level Controls (PLC) testing, financial Audits and Tax activities for HT North America.

Key Accountabilities

• Lead HTA SOX PLC (Profit Level Controls) testing compliance:  Work with HTA business operations associates, accounting associates, and Accounting & Finance Management, as well as, outside SOX audit providers, to ensure that the HTA NA SOX PLC testing requirements are completed timely (in accordance with HM/HTJ schedules). This includes:
  • Using thorough understanding of SOX control requirements and HT business operations, the incumbent will work closely with each operations group to develop SOX remediation plans for identified deficiencies.
  • Support SOX documentation for each department. Ensure SOX remediation plans are met.
  • SOX Process Level Controls Lead on the HTA SOX committee and report status of SOX compliance and testing to the HTA Executives.
• Overall responsibility for corporate financial audit compliance activities. Work with HTA Accounting & Finance Management and external auditor (KPMG), to ensure successful financial audit. This includes:
  • Primary contact for external corporate auditors and lead overall coordination of internal audit review with all departments.
  • Assist with the actioning and responding to financial statement audit footnotes and deficiencies identified by external auditors.
  • Support analysis and review of various Balance Sheet and Income Statement items, per external auditor request to provide detailed explanation of identified variances.
  • Responsible for incorporating changes to GAAP and IFRS regulations in to various HTNA corporate policies and procedures. Provide advice on necessary changes to comply with changing regulations.
• HTA Corporate Income Tax compliance activities: Work with HTA Accounting & Finance Management and external tax services provider (E&Y), to ensure overall corporate income tax compliance. This includes:
  • Overall responsibility for all corporate tax audits – responding to auditors, collecting data, and representing company responses. Provide required tax information to External Auditor for calculation of tax provision for year-end financial statements.
  • Overall responsibility for filing estimated corporate income tax payments with all localities (include local, federal, etc.).
  • Assist in the preparation of the Client Assisted Prepared (CAP) file which is required to complete corporate income tax returns.
  • Provide financial information and audit reports to Honda Trading Japan and Honda Motor.

Qualifications, Experience, and Skills

Required Experience

• 1 year or more

Required Education

• Bachelors degree with Accounting or similar major with 1-3 years experience or HS Diploma with 6-8 or more years of similar accounting and financial analysis related work experience.

Other job-specific skills

• General accounting experience, including inventory control, SOX, and financial reporting & analysis.
• Solid understanding of US GAAP and IFRS; a demonstrated ability to related this understanding to the current job function and HTNA financial statements.
• Working knowledge and familiarity with federal and state corporate income taxes.
• Understanding of correlation between balance sheet and income statement.
• Microsoft Office knowledge and skills including advanced Excel skills.
• Strong organizational and communications skills.

Job Dimensions

Job Dimensions

• No. of direct reports: 0
• No. of indirect reports: 0
• Financial dimensions: e.g. annual revenue, operating budget

Decisions Expected

Decisions Expected

• Lead identification of SOX deficiencies and support management in the efficient application of SOX controls, tax regulations, and audit requirements.
• Provide advise on ways to improve the design and/or effectiveness of SOX, internal controls, tax regulations, or accounting pronouncements.
• Identify opportunities to improve the timeliness and flow of information between business units and outside auditors.  

Working Conditions

Additional Position Factors:

• Workstyle: Hybrid
• Travel: 10%
• Overtime as needed