Senior Financial Analyst - Finance Development Program in Chicago, IL at LKQ Corporation

Date Posted: 11/16/2019

Job Snapshot

Job Description

  • The Finance Department Development Program consists of approximately four 6-month rotations through various departments within LKQ’s finance organization. 
  • Departments included in the program include:
  • Financial Planning & Analysis
  • External Reporting & Accounting Research
  • Internal Audit
  • Operational Finance
  • Other Corporate Functions (optional)
  • Within each of the rotations, the individual will supplement the current staff by engaging in various department specific responsibilities and assisting with project work, which will be determined on an as-needed basis by each department. Expected duties and responsibilities include the following: 

Financial Planning & Analysis: 

  • Prepare detailed monthly/quarterly financial statement and forecast analyses to assist in the evaluation of results and to prepare executives for quarterly earnings calls with analysts 
  • Draft communications and presentations with various internal and external parties, including the Board of Directors and outside investors 
  • Provide support for and/or participate in special projects on an ad hoc basis in areas such as budgeting, forecasting, quarterly projections, and general financial analysis

External Reporting:

  • Assist with the preparation, review and administration of external reporting requirements, including various SEC and bank reporting requirements 
  • Perform accounting research for various issues as needed 
  • Assist with certain corporate-level accounting processes, including accounting for derivatives, goodwill impairment tests, purchase accounting reviews, various reserve reviews, and consolidation activities 

Internal Audit:

  • Participate in field audit reviews and other strategic projects and operational reviews as part of the annual audit plan 
  • Support process for SOX documentation and testing
  • Other Management requests, data analytics
  • Rotation will likely require domestic travel (about 35%)

Operational Finance:

  • Support the operational management team from a finance perspective 
  • Participate in the quarterly/monthly forecast process and/or annual budgeting process by working with field management to prepare their forecasts/budgets 
  • Perform various financial analyses, including pro forma analyses, to support operational decision
  • Perform site visits to assess locations’ financial and operational performance 
  • Rotation will likely require domestic travel (up to 75%) 

Other Corporate Functions:

  • Optional fifth rotation, depending on participant interest and department availability
    Potential to assist with other Corporate functions, such as Treasury, Strategy, and/or Tax



Company Overview:

LKQ Corporation (www.lkqcorp.com), an S&P and Fortune 500 (# 262) company, is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe and Taiwan. LKQ offers its customers a broad range of replacement systems, components, equipment and parts to repair and accessorize automobiles, trucks, and recreational and performance vehicles. Globally, LKQ has more than 1,700 operating locations and 52,000 employees. Come join our entrepreneurial, growth oriented culture, and be LKQ Proud!

Job Requirements

To perform this job successfully, an individual must be able to perform each duty satisfactorily. Must have good written and verbal communication skills and the ability to work well with others. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education & Experience:

  • Bachelor’s degree in Accounting or Finance (with at least some accounting familiarity) with GPA of 3.2 or higher
  • 2-3 years of work experience, including public accounting and/or internal audit experience

Knowledge/Skills/Abilities:

  • Ability to think critically with strong analytical skills and attention to detail
  • Strong Excel skills
  • Effective business writing
  • Strong interpersonal and communication skills
  • Ability to work and communicate effectively with various levels of operational and corporate management teams
  • Desire to learn and ambition to advance within the company
  • COGNOS and/or VBA knowledge a plus

Essential Physical Demands/Work Environment:

  • Interest in travel and/or relocation is preferred

Preferred Qualifications:

  • CPA strongly preferred