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About Hyundai GLOVIS America Inc.
GLOVIS America, Inc. is a third-party logistics provider headquartered in Irvine, CA. Since our inception in 2002, we are committed to delivering our customers products via truck, rail, or ocean vessel throughout the U.S., Canada, and Mexico. Glovis America makes every effort to exceed standards by providing quality service to our customers and vendors of the automotive, freight forwarding, parts distribution, used car, and fuel industries. We cater logistics strategies and processes to our customers' needs by utilizing the latest information systems and advanced technologies.
Summary
This position is responsible for maintaining accurate accounting of Revenue and Cost of Port Processing Business, analyzing financial activities and profitability, and reporting the findings to management.
Responsibilities
Month-End Closing and Reporting
Analyze detailed service completion data from various operational systems (ITMS, Portal, iVELES) to determine "SB (Should be)" revenue and cost according to accrual base by cut-off day
Identify any unbilled revenue and cost by analyzing operational systems, and accrue by service month, ensuring accuracy and compliance with accounting standards
Simulate revenue, direct margin, and perform P&L analysis before finalizing financial books
Investigate unbilled revenue and provide explanation for aging
Perform preliminary closing procedures to identify unbilled revenue also reconcile discrepancies as necessary
Variance Analysis and Profitability Analysis
Conduct analysis of periodical trends including Year-Over-Year (YOY), Quarter-Over-Quarter (QOQ), and Month-To-Month (MTM) comparisons to identify patterns and report to the finance management
Track and follow up a new business or 3 PL business . Reviewing Operating system, reconcile with SAP, ensure to recognize the amount correctly. When identifying discrepancies, notify to operations requesting further investigation and correction
Daily Invoice Review, Routine Verification, and Red Folder analysis
Perform daily verification of document (System / Manual invoices) transmitted to SAP by Operation departments
Perform routine verification of customer / vendor rates for its accuracy compared to contracts
Red Folder analysis, Contract review, and Feasibility analysis.Responsible for understating the specific changes that are going to be made with our Customer or Vendors, whether it is a rate increase/decrease, establishing a new rate opening/closing a port, changing billing method, modifying the way in which the vehicles are processed or delivered, etc. and providing accounting manager, Controller, and Operations of financial concerns or findings
Participate and review annual Business Plan. This would require an in-depth analysis of comparing the Business Plan to the Actuals for the current year and the year prior. Confirming all assumptions made by Operations to plan for any significant modifications in the business
Reporting & Analytics
Ensure all the financial activities meet the internal guideline
Support and prepare various analysis including trend analysis, port margin analysis, or variance analysis
Support Finance management team, C-Suites, and Auditors with various reports or analysis
Compensation Range
Benefits of working at Hyundai GLOVIS America Inc.
*Benefits may vary by location. All benefits pursuant to Company policy.
Skills
Education & Experience
Physical Requirements
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this job.
Working and Environmental Conditions
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
The above statements are intended to describe the general nature of work performed by employees assigned to this position. They are not intended to be a complete list of all job duties performed by persons in the position. Glovis America reserves the right to revise or amend duties at any time as the needs of the company and requirements of the job change.
Other
Transportation
$90k-110k (estimate)
04/07/2024
09/27/2024
america.glovis.net
IRVINE, CA
500 - 1,000
2002
B O N G JEONG KO
$50M - $200M
Transportation