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.

How do we make it happen?Through the Tenneco Way. Fueled by our Core Values, a winning mindset and a relentless commitment to excellence, the Tenneco Way is how we win. It's what keeps Team Tenneco bold, driven, and unapologetically focused on pushing past limits and redefining success.

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.

Want to learn more about who we are? Check out our website to discover the Tenneco Way

Tenneco is one of the world's leading designer, manufacturers, and marketers of automotive products for original equipment and aftermarket customers, with approximately 78.000 team members working at more than 300 sites worldwide. Through our four business groups, DRiV, Ride Performance, Clean Air and Powertrain, Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket.

This position is responsible 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:

• Strong understanding and experience using Onestream consolidation system.
• Big 4 Public Accounting Firm experience working with multinational publicly traded companies, preferably in the automotive manufacturing (OEM or OEM supplier) or aftermarket industry.
• Strong technical accounting background in US GAAP.
• Strong understanding and experience in the preparation of a full Income Statement, Balance Sheet and Cash Flow Statement.

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