Financial Project Manager - Lead Business Analyst#26-09287

$104.30-$143.70 per hour

Woodcliff Lake, NJ

Onsite Job Description

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.

Get in

Touch:

We want to hear from you! If you think you'd be a good match, submit your resume and reach out to Jeevesh at (862) 278-4684 to learn more.