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Consultant, Retirement Benefits Accounting
- Toyota (Plano, TX)
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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 [email protected] .
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