Work Arrangement:
This role is categorized as hybrid. This means the successful candidate is expected to report to the Renaissance Center in Detroit, Michigan three days per week at minimum.
The Role:
At General Motors, we have a vision of a world with zero crashes, zero emissions, and zero congestion and believe that our people are the driving force behind making this a reality. The Global Finance team is essential to achieving our vision through our ability to generate insights that maximize profitability, minimize risk, and pave the way toward greater innovation. At General Motors we value the employee and seek to create a culture of inclusivity, integrity, boldness and innovation.
The General Motors Global Tax and Customs department is a team of approximately 190 people focused primarily on GM’s strategic and most complex tax matters. We manage relationships with numerous external partners who perform many of our routine tax functions. We aspire to be a trusted advisor to both internal customers and external stakeholders to whom we provide actionable, innovative advice in a straightforward manner. To achieve these goals, we strive to empower team members through trust, flexibility, feedback and career development.
The Post Entry (PE) Analyst is responsible for the following areas:
1. Post Entry Processing: The PE Analyst will be responsible for post summary corrections, protests, assisting with duty drawback and working with Valuation Center of Excellence. This will include management of data associated with these processes, internal controls, and reporting of recovery amounts or duties owed as a result of these activities. In this space, you will work cross-functionally with other areas of Finance, as well as other areas of the Customs team.
2. Customs Finance: The tasks associated with the Customs Finance role include monthly forecast reporting to GPSC (Global Purchasing and Supply Chain) logistics, statement payments, account reconciliations, and manual journal entries (MJE). On a monthly basis, the PE analyst will collect, analyze, and interpret the customs recovery and duty spend and prepare a summary report, which the PE analyst will present to the GPSC logistics team for their forecasting purposes. This forecast will also be used to report customs cash flow forecast to Treasury on a monthly basis. The PE Analyst will manage the verification and approvals of the monthly statement payment made to CBP. On a monthly basis, the PE Analyst will use SAP to prepare reconciliations on the Customs accounts in the Hyperion system, as well as prepare manual journal entries associated with these accounts, as needed.
What You'll Do:
- Post Entry:
- Ensure on time and compliant processing of Post Summary Corrections and Protests,
- Update PE recovery forecast on a monthly basis,
- Assist in processing Drawback claims,
- Work closely with FTA/Value Recon Analyst
- Support PE Manager on Prior Disclosures and other forms of communication with Customs Border Patrol (“CBP”).
- Customs Finance:
- Prepare monthly forecast reporting to GPSC Logistics
- Manage Periodic Monthly Statement Payment process, ensuring on time payment to CBP
- Create MJE entries for Customs accounts and Post Entry/Drawback refunds
- Report monthly to treasury on cash needs for Custom Statements
- Process account reconciliations in Hyperion system
- Oversee onsite Accounting contractor
- Maintain Internal Controls and work instructions required for APM 100 compliance
