Continental - Auburn Hills, MI

posted 18 days ago

Full-time - Executive
Auburn Hills, MI
10,001+ employees
Transportation Equipment Manufacturing

About the position

The Chief Financial Officer (CFO) for Continental Automotive North America is responsible for leading financial initiatives and driving profitability within the region. This role involves ensuring compliance with financial reporting standards, managing audits, and developing strategies for revenue collection and supplier payments. The CFO will also advise on growth opportunities, oversee risk management, and maintain relationships with financial institutions.

Responsibilities

  • Lead financial initiatives and drive profitability within the region.
  • Ensure compliance with Continental's Financial Reporting and International Financial Reporting Standards.
  • Manage external auditors and compliance-related issues for the region.
  • Propose and implement measures to achieve annual Cross Functional Budgets.
  • Advise on short-term and long-term growth opportunities and risks.
  • Develop processes for the accurate collection of approximately 4+ billion euro in revenue.
  • Develop strategy for the timely distribution of approximately 2.5 billion euro in annual payments to suppliers.
  • Establish and maintain relationships with financial institutions for operational funding.
  • Develop cash flow forecasts to ensure adequate funding of operations.
  • Oversee the Pension Committee and ensure accurate reporting of taxes.
  • Manage risk management, loss prevention, and corporate real estate management.
  • Lead internal audit and special investigations.
  • Scout location incentives and support M&A activity.

Requirements

  • Bachelor's Degree in Accounting, Business Administration, or relevant field.
  • Minimum 15 years of progressive finance and accounting experience, preferably in the automotive industry.
  • Minimum 5 years of leadership experience.

Nice-to-haves

  • MBA
  • Certified Management Accountant (CMA) certification
  • Certified Public Accountant (CPA) certification

Benefits

  • Equal employment opportunities
  • Reasonable accommodations for individuals with disabilities
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