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, Motorparts, 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.
We are seeking a skilled Senior Accountant for a role within our corporate financial reporting group. This position is responsible for performing professional accounting activities which may include posting, summarizing, reconciling, auditing, ledger maintenance, and statement and / or report preparation.
The position may be based in Northville, MIand reports directly to the Finance Directorof the company.
Our recruiting team is ready to act immediately. You’ll first hear from someone in Talent Acquisition to schedule a phone screen, and then the next step will be a personal interview with our Hiring Manager.
We pride ourselves on moving through the process quickly, and you can be sure of transparency and prompt communication.
RESPONSIBILITIES :
- Responsible for the timely and accurate filing of quarterly and annual reports in compliance with the Company’s debt agreements (akin to SEC Reporting) and US GAAP regulations including the preparation of the Company’s quarterly and annual financial statements.
- Preparation of quarterly and annual financial statements along with all accompanying footnotes and seek opportunities to standardize and automate processes to gain efficiencies, including preparing, distributing, and reviewing any financial reporting packages necessary to achieve complete and accurate financial reporting
- Ensure that financial statements adhere to GAAP and credit agreement requirements, in addition to meeting all the related required disclosures
- Prepare GAAP and related checklists quarterly / annually
- Assist in preparation of financial statement schedules for use as footnote support, including, but not limited to, noncontrolling interest rollforwards, equity method investment rollforwards, inventory, property, plant and equipment, goodwill and intangibles, etc.
- Preparation of SAP journal entries for accounts such as, US property and casualty reserves, workers compensation, incentive compensation, pension and other postemployment benefits, restructuring activities, and US medical
- Conducts accounting technical research and writes technical position memos / white papers for accounting and disclosure matters
- Assist with the implementation of new accounting pronouncements and related procedures
- Assist with the annual external audit and serve as a liaison between the Company and external auditors to resolve accounting and reporting issues
- Assist with the internal audits and SOX control validation processes to resolve accounting and reporting issues
- Perform analytical reviews of monthly, quarterly and annual financial statements
- Provides U.S. GAAP support to the Divisional and Corporate Finance leaders
- Participate in the coordination with external specialists (i.e. valuation specialists, actuaries, etc.) on critical accounting estimates and related assumptions, along with control documentation over the review of inputs to financial models.
- Review reports from external specialist and documentation of review procedures over data for internal controls documentation
- Update process documents and narratives for internal controls documentation
- Maintenance of the internal control documentation and related testing for the financial reporting cycle and other cycles within area of responsibility (such as goodwill and indefinite-lived intangible assets, noncontrolling interests, equity method investments, incentive compensation, pension and OPEB, insurance reserves, etc.)
- Assist with the implementation of new accounting policies and procedures
- Draft disclosures related to newly implemented accounting pronouncements
- Assist in reviewing and tying out information for investor decks and presentations, along with comfort letter and related refinancing activities
- Provide input on accounting process improvements and automation of current processes to gain efficiencies
- 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 units general ledger in subsequent month
- Coordinate with the consolidation system administrator group to make changes to system structure, including new entities, accounts or segment rollups to facilitate more efficient close process and ensure adherence to US GAAP financial reporting requirements and external reporting requirements of the Company’s credit agreements
- Interface with internal auditors as needed
- Support ad-hoc projects as required
- Ad hoc projects related to providing accounting guidance to Business Units on transactions being considered or contemplated
EDUCATION : Bachelor’s or Master’s degree in Accounting required; CPA certification preferred; Master’s degree in Accounting, Finance or MBA preferred
SKILLS & EXPERIENCE :
- 4 6 years of work experience in public accounting and / or industry with progressive increase in responsibilities.
- Big 4 Public Accounting Firm experience (3 years minimum) working with multinational publicly traded companies, preferably in the automotive manufacturing (OEM supplier) or aftermarket industry
- Strong technical accounting background in US GAAP
- Strong analytical and trouble-shooting skills
- Team-oriented and able to perform tasks where time management is key
- Significant capability, drive and initiative to create and manage own work agenda
- A 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, benchmarking and best practices
We are committed to the safety and health of our employees. We adhere to social distancing recommendations and other protocols, ensuring a safe work environment for all.