Job Description

Company Information

PACCAR is a Fortune 500 company established in 1905. PACCAR Inc is recognized as a global leader in the commercial vehicle, financial, and customer service fields with internationally recognized brands such as Kenworth, Peterbilt, and DAF trucks. PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR designs and manufactures advanced diesel engines and also provides customized financial services, information technology and truck parts related to its principal business.

 
Whether you want to design the transportation technology of tomorrow, support the staff functions of a dynamic, international leader, or build our excellent products and services — you can develop the career you desire with PACCAR. Get started!

 

Job Summary

Responsible for managing the lease accounting functions for PACCAR Leasing Company. This position interacts closely with a variety of departments and personnel throughout the corporate headquarters including Canada and Controllers’ organization.

Job Functions / Responsibilities

• Lead, mentor, and develop three accountants, including hiring, training, cross-training, goal setting, and performance evaluations.
• Provide technical accounting research and guidance to management and the Global Controllers’ Group on significant, complex, and non-routine lease transactions.
• Manage daily and month-end U.S. and Canadian lease accounting activities, including transactions, new volume, payoffs, dispositions, and financial reporting.
• Ensure timely, accurate preparation of monthly financial statements, analytical reports, and quarterly tax and external reporting packages.
• Review journal entries and general ledger reconciliations, and perform account analyses.
• Prepare and review lease accounting forecasts and month- and quarter-end forecast-to-actual variance commentary.
• Review executive commentary for the monthly financial report.
• Coordinate tax compliance, authority requests, audits, and inquiries with Corporate Tax and internal teams.
• Develop and implement system initiatives, including robotic process automation, to reduce cycle time and improve departmental efficiency and productivity.
• Maintain effective partnerships with PLC Operations, Corporate and PFC Treasury, PACCAR Tax, and other accounting teams.
• Coordinate quarterly reporting to Corporate Accounting and external auditors in support of SEC filings and other information requests.
• Maintain strong internal controls, participate in U.S. and Canadian control testing and operational reviews, and support internal and external audits.
• Lead and support special projects, system implementations, and process improvements using AI, Six Sigma, and data analytics tools.

Qualifications & Skills

• 8 + years of relevant accounting experience with increasing responsibility 
• Supervisory experience
• Excellent interpersonal and communication skills; including effective written and verbal skills and the ability to work in a team environment
• Ability to communicate complex lease accounting issues at an executive level
• Strong technical and analytical accounting skills with intermediate to advanced computer skills in Excel (i.e. pivot tables, macros, charts and graphs) and data analytic tools (i.e. Tableau, PowerBI etc.)
• Problem solver with ability to work independently and self-motivated, handling multiple tasks and shifting priorities
• Positive attitude and “can-do” approach to issue resolution

DESIRED EDUCATION / EXPERIENCE: 

• Strong working knowledge of lease accounting GAAP rules and regulations
• Masters degree strongly preferred
• SAP experience preferred
• Public Accounting or audit experience

Education

• BS/BA Accounting degree 
• CPA certification

Benefits

As a U.S. PACCAR employee, you have a full range of benefit options including:

• 401k with up to a 5% company match
• Fully funded pension plan that provides monthly benefits after retirement
• Comprehensive paid time off – minimum of 10 paid vacation days (additional days are provided with additional seniority/years of service), 12 paid holidays, and sick time
• Tuition reimbursement for continued education 
• Medical, dental, and vision plans for you and your family
• Flexible spending accounts (FSA) and health savings account (HSA)
• Paid short-and long-term disability programs
• Life and accidental death and dismemberment insurance
• EAP services including wellness plans, estate planning, financial counseling and more

Additional Job Board Information

PACCAR is an E-Verify and Equal Opportunity Employer/Protected Veteran/Disability. At PACCAR, we value talent and promote growth and development. We carefully consider numerous compensation factors including your education, training, or experience. The salary range for the Assistant Controller - position is $104,100 -$162,900 annually. Additionally, this role is eligible for the full range of benefit options listed above.

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