Finance Manager

Tenneco - Northville, MI

Full-time - Mid Level

Northville, MI

Transportation Equipment Manufacturing

About the position

The Finance Manager at Tenneco is a pivotal role responsible for ensuring the timely and accurate filing of quarterly and annual reports in compliance with US GAAP regulations and the Company's Credit Agreements. This includes the preparation of the Company's external financial statements, which are similar in format and content to SEC Form 10-K and Form 10-Q. The Finance Manager will oversee the preparation of quarterly and annual financial statements along with all accompanying footnotes, actively seeking opportunities to standardize and automate processes to enhance efficiency. This role requires a thorough understanding of GAAP requirements to ensure that financial statements meet all related disclosures. In addition to financial reporting, the Finance Manager will conduct accounting technical research and write technical position memos or white papers for accounting and disclosure matters. The position also involves assisting with the implementation of new accounting pronouncements and related procedures, as well as supporting the annual external audit by serving as a liaison between the Company and external auditors to resolve accounting and reporting issues. The Finance Manager will also assist with internal audits and the validation processes of internal controls over financial reporting. The role includes performing analytical reviews of monthly, quarterly, and annual financial statements, providing oversight and coaching for one direct report, and offering U.S. GAAP support to Segment and Corporate Finance Leaders. The Finance Manager will coordinate with external specialists on critical accounting estimates and related assumptions, ensuring proper control documentation over the review of inputs to financial models. Additionally, the position requires maintaining internal control documentation and related testing for the financial reporting cycle and other cycles within the area of responsibility, such as goodwill and indefinite-lived intangible assets. The Finance Manager will also draft disclosures related to newly implemented accounting pronouncements or SEC requirements, provide input on accounting process improvements, and ensure the accurate and timely dissemination of financial reports. This role requires coordination with the consolidation system administrator group to facilitate an efficient close process and adherence to US GAAP and external financial reporting requirements. The Finance Manager will also support ad-hoc projects as required, providing accounting guidance to Business Units on various transactions.

Responsibilities

• Responsible for the timely and accurate filing of quarterly and annual reports in compliance with US GAAP regulations and the Company's Credit Agreements.
• Preparation of the Company's external financial statements similar to SEC Form 10-K and Form 10-Q.
• Preparation of quarterly and annual financial statements along with all accompanying footnotes.
• Seek opportunities to standardize and automate processes to gain efficiencies in financial reporting.
• Ensure that financial statements adhere to GAAP requirements and meet all related disclosures.
• Review US GAAP checklists quarterly/annually and disposition instances of non-compliance.
• Assist in preparation of financial statement schedules for footnote support.
• Conduct accounting technical research and write technical position memos/white papers.
• Assist with the implementation of new accounting pronouncements and related procedures.
• Assist with the annual external audit and serve as a liaison with external auditors.
• Assist with internal audits and internal control over financial reporting validation processes.
• Perform analytical reviews of monthly, quarterly, and annual financial statements.
• Provide oversight, coaching, and on-the-job training for one direct report.
• Provide U.S. GAAP support to Segment and Corporate Finance Leaders.
• Coordinate with external specialists on critical accounting estimates and related assumptions.
• Review reports from external specialists and document review procedures over data for internal controls documentation.
• Update process documents and narratives for internal controls documentation.
• Maintain internal control documentation and related testing for the financial reporting cycle.
• Assist with the implementation of new accounting policies and procedures.
• Draft disclosures related to newly implemented accounting pronouncements or SEC requirements.
• Provide input on accounting process improvements and automation of current processes.
• Provide accurate and timely dissemination of financial reports.
• Process post-close top-side journal entries on behalf of business units.
• Coordinate pushdown of top-side entries to business unit's general ledger.
• Coordinate with the consolidation system administrator group to make changes to system structure.
• Interface with internal auditors as needed.
• Support ad-hoc projects as required.

Requirements

• Bachelor's or Master's degree in Accounting required; CPA certification required; Master's degree in Accounting, Finance or MBA preferred.
• 5 - 7 years of work experience in public accounting and/or industry with progressive increase in responsibility.
• Big 4 Public Accounting Firm experience (3 years minimum) working with multinational publicly traded companies, preferably in the automotive manufacturing or aftermarket industry.
• Strong technical accounting background in US GAAP.
• Strong analytical and troubleshooting skills.
• Team-oriented with effective time management skills.
• Significant capability, drive, and initiative to create and manage own work agenda.
• High degree of computer literacy, experience with ERP systems (e.g. SAP) required, and consolidation systems experience preferred (e.g. Hyperion or One Stream).
• Sound planning and organizational skills, with an emphasis on continual process improvement.