Senior Accountant II - Inventory Accounting

Tasks

Inside the Role

The Senior Accountant II – Inventory Accounting position plays a key role in the accounting group. Key responsibilities include accounting for spare parts inventories, including inventory valuation, obsolescence, cores analysis and incidental acquisition costs, and travel and expense global pay processes. Further responsibilities include assisting in the period-end general ledger closing process, reconciliation of accounts, preparation of monthly trend reports in accordance with guidance, and providing accurate and timely financial information for reporting to Accounting management, as well as Aftermarket and Manufacturing Controlling groups.

Your tasks at a glance:

Financial reporting tasks

General ledger accounting and financial analyses

Business Partnering

Methods, Processes and Systems

Reporting and communication of financial results and coordination of financial regulatory filings

Internal Control over Financial Reporting

Cross-functional project work

Support and grow an inclusive and professional culture for all team members

We design, operate, and control the Accounting and Financial Reporting process of DTNA. As valuable business partners, we ensure transparency and provide accounting guidance and services. As quality gatekeepers, we drive compliance with accounting and financial reporting rules within DTNA and the Daimler Truck Division.

Be part of it, join the team!

Posting Information

We provide a scheduled posting end date to assist our candidates with their application planning. While this date reflects our latest plans, it is subject to change, and postings may be extended or removed earlier than expected.

We Take Care of Our Team

Position offers a starting salary range of $78,000 to $100,000 USD

Pay offered dependent on knowledge, skills, and experience.

Benefits include:

Annual bonus program

401k company contribution with company match up to 6% and non-elective company contribution of 3 to 7% depending on age

Starting at 4 weeks paid vacation

13+ calendar holidays

8 weeks paid parental leave

Employee assistance program

Comprehensive healthcare plans and wellness programs

Onsite fitness (at some locations)

Tuition assistance and volunteer paid time off

Short-term and long-term disability plans

What You Drive at DTNA

Financial Reporting Tasks:

Preparation and execution of financial reporting tasks and month-end close activities associated with parts distributions centers’ inventory processes

Supporting outsourced transactional accounting

Perform core (part deposit - assets and liabilities) analysis and monthly trend reporting

Prepare monthly inventory valuation calculation over spare parts

Calculate the incidental acquisition cost and relief factors for spare parts and manufacturing materials

Assist the MIF consolidation team in compiling financial information

General Ledger Accounting and Financial Analyses:

Preparation of general ledger account reconciliations, posting related journal entries, and financial analysis

Support of monthly review of reconciliations for spare parts and core related transactions

Apply relevant guidance and perform necessary analysis for changes to inventory accounting standards

Manage special assignments and projects as they arise

Monitor and resolve material transfers aging, in-transits, and interface errors

Learn and support critical manufacturing inventory accounting procedures as the inventory accountant back-up

Support the Travel function with reconciliations and payment interfaces troubleshooting

Perform occasional back-up for Travel Expense Management

Business Partnering:

Assist with the research of various accounting issues related to spare part and core accounting

Collaborate with aftermarket controlling on a monthly basis to assess the accuracy of spare parts and core balance sheet accounts and inventory acquisition costs

Partner with various business partners to address Ad Hoc issues relating to PDC’s inventory

Methods, Processes, and Systems:

Support the research of relevant accounting issues and proposal of appropriate accounting treatment

Prepare documentation of new and/or existing processes and policies

Work with the business partners to identify process and/or system improvements

Assist in the set-up of relevant systems

Leverage the use of advanced analytical tools, such as Power BI, Tableau, and WinShuttle

Reporting and Communication of Financial Results and Coordination of Financial Regulatory Filings:

Prepare the communication of financial results and key performance metrics (KPIs) to management for spare parts inventory valuation, core deposits, incidental acquisition cost, intercompany in-transit, and concur travel spend, along with recommendations for improvement or risk reduction

Prepare the communication to the MIF reporting group for reporting, including inventory aging and group elimination requirements

Provide support on issues and exceptions to accounting management and the external audit team

Internal Control over Financial Reporting:

Provide support on issues and exceptions to accounting management and the external audit team

Cross-Functional Project Work:

Work cross-functionally with business units to implement processes in own area of responsibility

Monitor, track, and report progress of implementation relevant projects

Support organizational and/or system changes to meet continuous improvement objectives

Knowledge You Should Bring (Required Skills & Experience):

Bachelor's degree in Accounting, Finance, Supply Chain, Business Administration, or related field; OR an Associate’s Degree with 2 years of related experience OR 6 years of relevant experience in lieu of degree

3+ years of experience in accounting, audit, manufacturing accounting, inventory accounting, cost accounting, financial reporting, or a related accounting function and supporting month-end close, including account reconciliations and journal entries

Experience using Excel, Power BI, Tableau, SQL, Alteryx, or similar tools for data analysis and reporting

Working knowledge of SAP demonstrated through professional experience

An attached resume is required

Exceptional Candidates Might Have:

Advanced Excel skills - visual basic, pivot tables, data transformation, graphs and charts, power query

MBA, Certification in Accounting – Internal Audit or CPA

CPA Candidate

Wholesale Parts Business Exposure

Experience using analytical tools, such as advanced Excel, Power BI, Tableau, WinShuttle, Alteryx, or SQL Query (Alation) to drive business outcomes

Ability to collaborate effectively with all levels within the company and department and operate up, down, or across an organization

Ability to identify issues quickly and effectively communicate throughout the organization

Willingness to dig into the details of transactions and processes in order to ensure a complete understanding is obtained

Willingness to focus on standardization and continuous improvement of existing processes

Ability to work independently and ensure follow-up and completion of relevant tasks and projects

Aptitude for working in a rapidly changing environment and ability to sort out priorities

Team player focused on adding value and achieving results

High ethics and integrity

Experience leveraging AI tools and technologies to improve productivity, efficiency, or business outcomes

Where We Work:

This position is open to applicants who can work in (or relocate to) Portland, OR US. Relocation assistance is not available for this position.

Schedule Type:

Hybrid (4 days per week in-office, 1 day remote). This schedule builds our #OneTeamBestTeam culture, provides an unparalleled customer experience, and creates innovative solutions through in-person collaboration.

At Daimler Truck North America, we recognize our world is changing faster than ever before. By listening to the needs of today, we’re building to solve with cutting-edge solutions in sustainability and future driving technology across electric, hydrogen, and autonomous. These solutions, backed by years of innovative success and achievement, continue DTNA’s legacy as the undisputed industry leader. Our evolving brand portfolio is second to none, including Freightliner Trucks, Western Star, Demand Detroit, Thomas Built Buses, Freightliner Custom Chassis, and Financial Services. Together, we work as one team towards our envisioned future – building a cleaner, safer, and more efficient tomorrow for all.

That is what we are working toward - for all who keep the world moving.

Additional Information:

This position is not open for Visa sponsorship or to existing Visa holders

Applicants must be legally authorized to work permanently in the country the position is located in at the time of application

Final candidate must successfully complete a criminal background check

Final candidate may be required to successfully complete a pre-employment drug screen

Contractors, professional services, or other contingent workers should confirm with their local agency if they are eligible to apply for FTE positions

EEO - Disabled/Veterans

Daimler Truck North America is committed to workforce