Lead Incentives Program Analyst

Subaru of America

$83K — $110K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or Finance required.
  • 6 to 8 years of progressive finance experience preferred.
  • Expert knowledge of automotive finance credit decisioning necessary.
  • Experience with retailer finance department personnel and operations.
  • Proficient with Microsoft Office Suite and Subaru software applications.
  • Experience with OneStream and PowerBI tools required.
  • Proficiency with Oracle products and Microsoft Access essential.

Responsibilities

  • Lead Incentives Analysts in creating and distributing monthly SMF Incentive programs.
  • Independently analyze financial and market data to present credible program plans.
  • Ensure accuracy of monthly Chase bill audits and recommend process improvements.
  • Prepare Quarterly Residual Reserves studies and other financial documents.
  • Review SMF marketing materials and manage incentive communications.
  • Coordinate vendor data for determining Subaru vehicle Residual Values.

Benefits

  • Medical, Dental, and Vision Plans available.
  • Pension, Profit Sharing, and 401K matching offered.
  • Generous leave policies including 15 vacation days and 5 sick days.
  • Tuition Reimbursement Program providing up to $15,000 yearly.
  • Vehicle Discount Programs for employees.
  • Professional growth and development opportunities available.
  • Access to a formal Mentorship Program and LinkedIn Learning license.
Full Job Description
Job Description

ROLE SUMMARY

Maintains responsibility for financial and analytical support of all Subaru of America (SOA) product incentive programs, including monthly Subaru Motors Finance (SMF) program rollouts to the Field. Handles critical relationships with SOA sales operations and production management, as well as key external business partners including SOA's private label finance relationship with SMF. Leads development and maintenance of financial models for effective pricing analysis of SMF programs, as well as new vehicle sales penetrations and off-lease remarketing programs.

CORE RESPONSIBILITIES
  • Leads staff of Incentives Analysts in creation, review, and distribution of monthly SMF Incentives programs. Independently conducts analysis of financial and market data from multiple sources to present credible Incentive Program plans.
  • Reviews monthly Chase bill audit process, ensuring accuracy, timeliness, and completeness. Monitors the process, recommends process improvements, and provides direction and oversight to junior staff conducting audits.
  • Prepares Quarterly Residual Reserves studies, Subaru Motors Finance (SMF) Interim Reviews, semi-annual Subaru Corporation (SBR) Guaranty, and EMC schedules.
  • Reviews incentive communications including review of SMF marketing materials to expedite and control the flow of information to various areas including Regions, Zones, retailers, Subaru.com, Subarunet, Dealer.com, Independent Distributors, etc. Serves as main point of contact for communications development and distribution before manager approval.
  • Coordinates vendor relationship with ALG, providing carline and model year vehicle data and incentives for determination of Subaru carlines' Residual Values.


ADDITIONAL RESPONSIBILITIES

  • Provides support to company Japan's Financial Instruments and Exchange Law (J-SOX) control requirements as needed.
  • Serves in a lead role in ensuring department workflow optimization, reporting, and analysis of effectiveness of the unit including efficiencies through continued automation and/or utilization of financial software tools.


REQUIRED SKILLS & PERSONAL QUALIFICATIONS

  • Strong analytic and problem-solving skills.
  • Excellent verbal and written communication skills.
  • Ability to prioritize and manage multiple projects and strong negotiation skills.
  • Experience with retailer finance department personnel and operations.
  • Experience with OneStream and PowerBI tools.
  • Expert knowledge of automotive finance credit decisioning.
  • Expert knowledge of retail and lease products.
  • Expert user of Microsoft Office Suite and other Subaru of America (SOA) software applications.
  • Proficiency with Oracle products and Microsoft Access.


EDUCATION & EXPERIENCE REQUIREMENTS: Bachelor's degree in Accounting or Finance and 6 to 8 years of progressive experience required.

WORK ENVIRONMENT
  • Office Location: Camden, NJ apart of the Greater Philadelphia Area (Philly)
  • Hybrid Role: Hybrid Role - Remote work 2 days per week (after 90 days) [Wednesdays & Fridays]
  • Required Travel: 5%


COMPENSATION: The recruiting base salary range for this full-time position is $83000 - $110000 / year. Within the range, individual pay is determined by factors, including job-related skills, experience, and relevant education or training. Additionally, this role is bonus-eligible, with a target bonus percentage that provides an opportunity to earn even more based on your performance. (Internal Job Grade: P3)

WHY JOIN US? In addition to competitive salary and an incomparable culture, Subaru offers an amazing benefits package that includes:

Total Rewards & Benefits:

- Medical, Dental, Vision Plans

- Pension, Profit Sharing, and 401K Match Offerings

- 15 Vacation days, 5 Floating Holidays, 5 Sick days, and 9 Company Holidays

- Tuition Reimbursement Program: $15,000 yearly benefit

- Vehicle Discount Programs

Learning & Development:

- Professional growth and development opportunities

- Direct partnership with senior leadership

- Formal Mentorship Program

- LinkedIn Learning License

Visit our careers landing page for additional information about our compensation and benefit programs.

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