CapitalMVP.com - Finance Industry guide from BusinessMVP.com.
http://www.CapitalMVP.com! http://www.BusinessMVP.com!
Home > Job Listings > Back

Manager - Capital Markets & Global Accounting | Toyota Financial Services | Torrance, CA

Manager - Capital Markets & Global Accounting-TFS003LB

Toyota Financial Services
Our people are the driving force behind our success and we're moving forward!

Join a dynamic company known for rapid growth and solid success.

To make your mark as The Manager of Capital Markets & Global Accounting you will:
  • Serve as Toyota Motor Credit Corp's (TMCC) domestic & global expert with respect to Debt & Derivatives portfolio and stay abreast of proposed and changing accounting principles (GAAP & IFRS) and identify key elements of pending Financial Accounting Standards Board (FASB) guidance that impact TMCC's debt & derivatives portfolio.
  • Research, interpret, and summarize, pending accounting guidance and communicate relevant information to management and team members to ensure that accounting and reporting meets current as well as proposed FASB guidance.
  • Partner with Global affiliates on debt & derivative transactions related to Global Treasury
  • Implement new applicable accounting guidance to ensure that TMCC's debt & derivatives portfolios are GAAP compliant.
  • Partner with Corporate Treasury to stay abreast of changes in the financial markets that affect Treasury Accounting, develop and implement changes that respond to new environment
  • Monitor and research upcoming changes to FASB and SEC guidance and the potential impact to TMCC's debt and derivative activities. Changes in accounting legislation are often ambiguous and this position is expected to disseminate the legislation and utilize internal and external sources to develop a position on the new legislation. Partner with Global affiliates to understand changes to IFRS.
  • Identify the impact to existing and future deal structures and communicate any potential issues internally. This includes communicating TMCC's position on any new accounting legislation or changes in accounting policies with auditors to reach consensus.
  • Determine valuation and accounting policies for these new structures, necessary staff hours and system requirements.
  • Ensure that accounting policies and treatment of the derivatives portfolio complies with applicable Financial Accounting Standards Board ("FASB") literature. Specifically, Statement of Financial Accounting Standards No. 133, "Accounting for Derivative Instruments and Hedging Activities", which was further, amended by Standards No. 138,149 and 155, "SFAS 133").
  • Ensure that proper treatment of SFAS 133 is achieved through mark-to-market testing, appropriate valuations, and documentation of the derivatives portfolio. Requires willingness to develop expertise with derivatives and an in-depth understanding of the drivers of TMCC funding strategy by working in collaboration with Corporate Treasury.

Qualifications TFS is looking for individuals with strong business sense and practical expertise. Successful candidates must have:
  • 6-8 years work experience.
  • 5 to 7 years in a managerial capacity.
  • Proven ability to lead people and process at a senior level.
  • Experience with econometrics, statistics, and simulations to enhance decision-support and performance measurement functions, a plus.
  • Top tier Financial Institution with experience in capital markets, and strong knowledge of current accounting practices.
  • Should have 4 years "Big 4" financial services, accounting or derivatives experience preferred.
  • FAS 133 experience required. 157, 138, 149, 155 & 159 preferred.
  • Bachelor Degree in Accounting, Business or Economics required.
  • CPA required
  • MBA a plus.
  • MS Access and PeopleSoft and Hyperion Essbase a definite plus

Turn toward great benefits:
  • Work/Life benefits (flextime, 9/80 work schedules offered where applicable, tuition reimbursement)
  • Vehicle lease and purchase (Associates are eligible date of hire, access to favorable rates and more incentives!)
  • Medical, dental and vision insurance (Associates are eligible date of hire & premiums are paid by Toyota)
  • Matching 401(k) and fully funded Pension Plan
  • Paid time off (vacation, sick, personal, holidays)

About Toyota Financial Services
Headquartered in Torrance, Calif., Toyota Financial Services (TFS) is the finance and insurance brand for Toyota in the United States, offering retail auto financing and leasing through Toyota Motor Credit Corporation (TMCC) and extended service contracts through Toyota Motor Insurance Services (TMIS). Lexus Financial Services is the brand for financial products for Lexus dealers and customers. TFS currently employs over 3,000 associates nationwide, and has managed assets totaling more than $79 billion. It is part of a worldwide network of comprehensive financial services offered by Toyota Financial Services Corporation, a wholly-owned subsidiary of Toyota Motor Corporation.

EOE. M/F/D/V.

To learn more about us, please visit: http://www.toyotafinancial.com/careers
TFS003LB

To apply for this position, please copy and paste the following link into your browser address bar:

http://toyotafinancialservices.contacthr.com/12278943

or submit your resume and salary requirements through our homepage at

https://toyota.taleo.net/careersection/2/jobdetail.ftl?lang=en&job=TFS003LB





Copyright © CapitalMVP.com & its licensors. All Rights Reserved!