Consultant, Retirement Benefits Accounting at Toyota North America

Plano, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

07 Mar, 26

Salary

0.0

Posted On

07 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Financial Reporting, Audit Coordination, Pension Plans, Retirement Benefits, GAAP, IFRS, Leadership, Financial Analysis, Internal Controls, Regulatory Compliance, Actuarial Coordination, Technical Accounting, Unionized Retirement Plans, Change Management, SAP S4/HANA

Industry

Motor Vehicle Manufacturing

Description

Overview Who we are Collaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the world’s most admired brands, Toyota is growing and leading the future of mobility through innovative, high-quality solutions designed to enhance lives and delight those we serve. We’re looking for talented team members who want to Dream. Do. Grow. with us. To save time applying, Toyota does not offer sponsorship of job applicants for employment-based visas or any other work authorization for this position at this time. Who we’re looking for Toyota’s Corporate Accounting Department is looking for a passionate and highly motivated Consultant, Retirement Benefits Accounting. The primary responsibility of this role is to lead the accounting, financial reporting, audit coordination, and strategic management of pension and retirement benefit plans, partnering with cross-functional senior leadership, external auditors, and actuaries to ensure compliance, accuracy, and operational efficiency. Reporting to the Senior Manager, Corporate Accounting, the person in this role will support the Corporate Accounting’s department's objective to ensure the accurate accounting, reporting, and compliance of all pension and retirement benefit plans across the organization by providing financial oversight, maintaining strong internal controls, supporting regulatory and audit requirements, and delivering timely, reliable information to executive leadership and stakeholders for informed decision-making. What you’ll be doing • Manage the annual Benefit Plan Audit across multiple divisions, coordinating with senior stakeholders in HR Benefits, Payroll, Treasury, Tax, Legal, Finance, and external auditors (Senior to Partner level). • Complete the financial statement disclosure checklist in support of the Benefit Plan audit process • Serve as the primary point of contact for external auditors during benefit plan audit, coordinate audit requests, provide documentation and resolve inquiries in a timely manner. • Present audited financial statements to executive level management such as the TMNA CAO and CFO Prepare audited financial statements for U.S. Savings, Pension, and Post-Retirement Benefit Plans. • Draft annual pension footnote disclosures for inclusion in Toyota’s consolidated financial statements (TMNA AFS). • Review financial statements, reports, and disclosures to ensure accuracy and compliance with GAAP, IFRS, and regulatory requirements. • Lead month-end and year-end close processes for retirement benefit accounts, including preparation and posting of US GAAP and IFRS journal entries. • Review and approve general ledger account reconciliations related to retirement plan assets and liabilities. • Monitor and analyze pension plan assets, liabilities, funding status, and cash flows on a quarterly basis. • Research, evaluate, and document technical accounting positions related to retirement benefits, including policy changes and regulatory updates. • Oversee accounting and participation in unionized retirement plans across North American entities. • Support corporate initiatives and special projects involving plan mergers, acquisitions, and design changes. • Partner with external actuarial firms (e.g., Willis Towers Watson) to coordinate deliverables, review reports, and evaluate plan obligations. • Assess the financial impact of legislative or plan changes on company operations and financial statements. • Respond to inquiries from internal and external stakeholders, including auditors, regulators, and employees, on pension and retirement benefit matters. • Prepare executive-level reports and presentations related to pension accounting and benefit plan performance. • Ensure compliance with Sarbanes-Oxley (SOX) requirements and controls, for all retirement and benefit plan accounting processes What you bring • Bachelor’s degree in Accounting • 7+ years of accounting experience (in similar field and/or industry) • Mixture of public/private accounting experience • CPA License • Enthusiastic self-starter with ability to tackle multiple projects simultaneously. • Strong US GAAP Knowledge • Strong leadership skills in taking the initiative to lead Kaizen efforts and change management • Broad financial analytical skills Added bonus if you have • Familiarity with Toyota business operations and accounting processes • Strong pension accounting knowledge • Experience with SAP S4/HANA • Experience using Blackline What We’ll Bring During your interview process, our team can fill you in on all the details of our industry-leading benefits and career development opportunities. A few highlights include: A work environment built on teamwork, flexibility and respect Professional growth and development programs to help advance your career, as well as tuition reimbursement Team Member Vehicle Purchase Discount Toyota Team Member Lease Vehicle Program (if applicable) Comprehensive health care and wellness plans for your entire family Toyota 401(k) Savings Plan featuring a company match, as well as an annual retirement contribution from Toyota regardless of whether you contribute Paid holidays and paid time off Referral services related to prenatal services, adoption, childcare, schools and more Tax Advantaged Accounts (Health Savings Account, Health Care FSA, Dependent Care FSA) Relocation assistance (if applicable) Belonging at Toyota Our success begins and ends with our people. We embrace all perspectives and value unique human experiences. Respect for all is our North Star. Toyota is proud to have 10+ different Business Partnering Groups across 100 different North American chapter locations that support team members’ efforts to dream, do and grow without questioning that they belong. Applicants for our positions are considered without regard to race, ethnicity, national origin, sex, sexual orientation, gender identity or expression, age, disability, religion, military or veteran status, or any other characteristics protected by law. Have a question, need assistance with your application or do you require any special accommodations? Please send an email to talent.acquisition@toyota.com. At Toyota, we don’t just have a vision, but a group of talented, dedicated people who work hard every day to turn that vision into reality. Our mission is to build a future where everyone has the freedom to move. We believe that nothing is impossible. We have big dreams and persevere through any obstacles. We work together to create the future of mobility and make the world a better place. Career Possibilities: Toyota is a place for people who dream big and are determined to make those dreams a reality. We encourage innovation and look for people who will challenge the status quo in order to make the world a better place. We thrive on teamwork and collaboration and know diverse backgrounds, experiences and perspectives are not only the right thing for our people, they are a business imperative. Together, we’re empowered to forge our own paths — to be agile, curious and embrace a growth mindset and immerse ourselves in situations to gain new perspectives and to inspire bold, innovative ways of thinking and working. Our success as a company is directly tied to our team members’ success, and our collective ability to give back to society through an unwavering commitment to delight our customers and make people’s lives better. If you want to be part of the next-generation of innovations that help keep the world moving, then join us. And let’s start our impossible, together.

Responsibilities

The Consultant will lead the accounting, financial reporting, and audit coordination for pension and retirement benefit plans, ensuring compliance and operational efficiency. This role involves collaboration with senior leadership and external auditors to provide accurate financial oversight and timely information for decision-making.