Residual Value Accounting Senior Analyst
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About the role
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. An important part of the Toyota family is Toyota Financial Services (TFS), the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity, it is an essential part of this world-changing company- delivering on Toyota's vision to move people beyond what's possible. At TFS, you will help create best-in-class customer experience in an innovative, collaborative environment. Toyota does not offer support or sponsorship of job applicants for employment-based visas or any other work authorization for this role now or in the future. You must have the right to work in the United States and not require Toyota support or sponsorship for immigration-related employment (e.g., H-1B, O-1, E-3, H-1B1, TN, F-1 OPT, F-1 STEM OPT, F-1 CPT, TN, (job flexibility benefits) (also known as I-140 or Adjustment of Status portability), etc.) now or in the future. You should not apply for this role if you will require Toyota to assist with immigration support or sponsorship now or in the future. Who we're looking for Toyota Financial Services' Critical Accounting department is looking for a passionate and highly motivated Residual Value Accounting Senior Analyst . The primary responsibility of this role is to execute the monthly and quarterly accounting process for establishing TMCC Residual Value expense estimates. In this highly visible role, you'll work closely with DnA, DS, DE, RV Risk, and Accounting Policy to ensure estimates are accurate, timely, and well controlled. Reporting to the Accounting Manager, this person will support the Critical Accounting Estimates Department's objective to deliver high-quality financial estimates, strong governance, and clear insight for key business decisions.
Responsibilities
- Own monthly and quarterly residual value accounting activities, including journal entries and supporting analysis for additional accumulated depreciation, next generation leasing, inventory net realizable value, and impairment review.
- Apply strong accounting judgment to evaluate assumptions, challenge modeling results, and ensure estimates align with business trends and expectations.
- Partner with Risk and DS to understand modeling inputs, assess methodology changes, and strengthen process controls.
- Prepare complete and accurate support files for financial statements, disclosures, and management reporting.
- Maintain and improve documentation such as SOX narratives, user guides, audit support, model documentation, and process transparency materials.
- Support testing and validation of process or methodology changes to help ensure compliance with standards and requirements.
- Assist with external audit activities to support timely sign-off and help avoid deficiencies or material misstatements.
- Develop standardized analytical metrics, attribution reports, KPIs, and other tools that improve visibility into RV performance and process effectiveness.
- Translate complex accounting concepts and outcomes into clear, practical communication for non-accounting audiences.
- Contribute to automation and process improvement efforts that increase efficiency, reduce error, and strengthen integration across teams.
- Serve as an accounting SME on strategic programs and process enhancements, partnering with stakeholders to deliver scalable solutions.
- Support enterprise initiatives and participate in regular stakeholder communications that keep work aligned and moving forward.
- What you bring
- A Bachelor's degree in accounting, finance, business, or a related field.
- 5+ years of relevant experience supporting accounting processes in a similar field or industry.
- Hands-on experience supporting SOX-compliant accounting processes and control requirements.
- Solid understanding of US GAAP accounting principles, including experience with accounting estimates.
- Project management experience working with multiple stakeholders to drive work forward and deliver results.
- Strong written communication skills with the ability to explain complex technical, accounting, and business issues clearly.
- Added bonus if you have
- CPA license preferred.
- Experience with SAS, Python and/or SQL or the willingness and ability to learn these tools to analyze data and support modeling more effecti
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