SAP 4HANA Implementation Financial Accounting Manager

At-a-Glance:

Are you ready to build your career by joining an international automotive company. If so, our client is hiring a Financial Project Manager - Lead Business Analyst

Position Type:

• Contract
• Hybrid: (3 days onsite mandatory and 2 days remote only after weekly manager approval, some weeks could be 4 or 5 days on-site)

Required

• Certified Public Accountant or master’s degree accounting/taxation/financial planning/business administration
• 10 years of experience as a manager, 7 years of automobile industry specific experience as a manager
• Bachelor’s degree, Major in Accounting
• 10 years of experience in accounting/tax/controlling/finance
• 10 years’ experience in finance systems SAP including SAP 4HANA and 5 finance systems implementation
• 10 years of collaboration a project of diverse and distributed teams, Hands-on experience implementing a new accounting standard, such as IFRS or US GAAP
• 10 years of proven cross-functional collaboration in accounting/tax/controlling/business areas
• 10 years of automobile industry specific experience in cost accounting, financial planning (budgeting, forecasting), public accounting, tax accounting or corporate accounting
• Broad knowledge of general accounting topics
• Specific knowledge of warranty, goodwill, buyback, and service contract accounting including US lemon law knowledge
• Advanced knowledge of International Financial Reporting Standards
• Strong analytical skills and proficiency in Excel
• Advanced use of BI tools (Tableau, QLIK, Power BI)

Responsibilities:

• Role requires a versatile set of skills and industry specific extensive experience. Incumbent must bring a senior accounting background, like Senior Corporate accounting not operational accounting.
• Needs to be able analyze US GAAP/ IFRS standard treatment for very complex topics and service contracts.
• Needs to be familiar the US lemon law to determine correct accounting for buybacks.
• Perform complex financial analysis for business cases utilizing Power BI tools like Qlik/Tableau
• Must have skills and extensive experience in planning (budgeting and forecasting) for Warranty, Goodwill, and Service Contracts:
• Projects: Must know New Warrants System (NWS), Datamart, Qlik CPO, and oil only automation.
• Analysis: Batterie State of Health; Maintenance Upgrade programs; Multi Components contract Review.
• Planning: Planning and comparison for Warranty, Goodwill, and Service Contracts (WGSC).
• Plans (budget, forecasts, outlook), creates, and analyzes Warranty/Goodwill/Service Contract related provisions and liabilities.
• On a monthly basis this role provides actual / plan variance analysis of the financial result and creates reporting to senior management.
• Position also performs quarterly studies of Warranty / Goodwill / Service Contracts provisions and liabilities to ensure appropriate reserve levels.
• Position manages the development and implementation of tools to enhance and automate accounting processes.
• Manage the financial analysis of the monthly, quarterly, and annual financial statements (balance sheet and P&L) against budget, forecast and prior year actuals for total company analysis by segment and product line) and create reporting to senior management.
• Additional analysis of consolidated group view against budget/forecast in close collaboration with controlling.
• Manage the monthly Financial Statement Meeting and explain variances and overall business developments to head of accounting and head of controlling.
• Independently plan LRP, Budget, Forecast and Outlook for all aspects of provisions for Warranty, Goodwill (> $ 2 billion), as well as deferred revenue positions for Roadside Assistance, Scheduled Maintenance, Maintenance Plan Upgrades and CPO Protection (> $ 1.5 billion)
• Cross-functional collaboration with multiple business departments on all management levels to lead the monitoring of program profitability/loss for service contracts on a vendor code / program level.
• Independently provide timely analyses, reporting of developments and proposals regarding program structure, pricing, efficiencies, and other revenue enhancing and cost savings opportunities as applicable to direct and upper management.
• Collaborate with multiple business departments on all management levels to align and understand the most current trends and to determine appropriate cost per unit for Warranty and Goodwill provisions.
• Independently organize and facilitate quarterly management briefing related on Warranty/Goodwill/Maintenance Plans/Recalls and coordinates the preparation with various process partners.
• Manages quarterly study of Warranty & Goodwill provision as well as Maintenance (Scheduled & Upgrades) and CPO Protection to ensure the appropriateness of provisions and reserves in the books.
• Serve as a subject matter expert specifically related to warranty provisions and deferred revenue positions while ensuring effective system utilization, accuracy of data flowing through systems.
• Continuously drive initiatives to automate processes as well as development of any new systems and any enhancements to current systems in close collaboration with IT in Financial Analysis and Warranty.
• Independently prepare ad hoc tasks for direct and upper management (analyses, presentation, estimates).
• Independently investigate topics regarding fundamental accounting treatments under IFRS for all balance sheet and profit and loss statement items.
• Verify that internal accounting controls related to accounting processes are in place and effective.
• Work with and provide explanations to external auditor for the annual audit and mid-year review.