Manager, Global Consolidations

Manager, Global Consolidations

At Tenneco, we don't follow industry standards; we set them, and we don't settle for being best-in-class because we hustle to be better than best-in-class. Whether it's our Core Values radical candor, simplify, organizational velocity, tenacious execution and win or our Get Stuff Done (GSD) mindset, we're determined to become the most trusted partner and best manufacturer and distributor to the transportation industry. With a product portfolio as expansive as it is innovative, an obsessive commitment to quality and excellence, and a global presence, we're all about getting stuff done, so we can win. Here, you'll work alongside a team of relentless problem-solvers who are committed to making a tangible impact. If you're ready to break boundaries, deliver results, and enjoy the ride along the way, you'll thrive here.

This position is responsible for the consolidation, preparation and reporting of external basis financial statements prepared in conformity with US GAAP as well as planning and coordination of monthly, quarterly and yearly close activities. The position may be based in Northville, Michigan and reports directly to the Finance Director of the company.

Essential Duties and Responsibilities :

• Required to proactively partner with other finance personnel on a global basis to ensure all close related activities are accurately completed on a timely basis.
• Participate in monthly accounting review meetings with the business units, country controllers, and other corporate functions, such as tax, treasury, and legal, and coordinate follow-up items from these meetings.
• Provide accurate and timely dissemination of financial reports.
• Perform analytical review of operating results to ensure the accuracy of accounting records.
• Prepare consolidating journal entries for actual results, forecasts, and budgets.
• On occasion process post-close top-side journal entries on behalf of business units to facilitate timely closing of the books.
• Coordinate pushdown of top-side entries to business units' general ledger in subsequent month.
• Identify and address accounting issues in a timely manner.
• Prepare and distribute intercompany out of balance reports to the business units.
• Prepare and distribute a monthly close communication to the users of the consolidation system.
• Review account reconciliations and ensure exceptions are corrected on a timely basis for various accounts including intercompany accounts, unconsolidated affiliates, and investment and equity accounts.
• Identify opportunities to simplify the current reporting and entity structure within the consolidation system.
• Process USD overrides and interact with global finance personal, including corporate groups such as tax, treasury, and legal, to substantiate changes in equity balances.
• Ensure adherence to all accounting policies and controls.
• Ensure SOX requirements are met and compliance is maintained at all times.
• Ensure all processes are appropriately documented and updated as needed.
• Draft or update accounting policies for complex consolidation matters, such as noncontrolling interests, variable interest entities, and foreign currency related matters.
• Support technical accounting group in preparation of the statement of cash flows for certain transactions related to consolidated and nonconsolidated affiliates, increases / decreases in investment ownership percentage changes, and new investments.
• Track and report on the progress of entity loads into the consolidation system during the monthly close.

Minimum Requirements :

Education : Bachelor's Degree in Accounting or Finance. Master's Degree in Accounting preferred. CPA preferred.

Experience : 3 6 years of work experience in public accounting and / or industry with progressive increase in responsibility.

Skills :

Equal opportunity employer as to all protected groups, including protected veterans and individuals with disabilities