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Executive Director and CAO, DRiV

3 months ago

Skokie, United States Tenneco Full time

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.




Executive Director and Chief Accounting Officer, DRiV

Location: Skokie, IL (Hybrid)





DRiV is the global aftermarket segment of Tenneco, operating in over 50 locations worldwide. It boasts a diverse aftermarket portfolio with more than 30 trusted brands and operates over 15 manufacturing plants. DRiV leverages its extensive global distribution network to deliver high-quality parts and services to its customers.





We are seeking a highly skilled, experienced chief accounting officer / segment controller to join DRiV team. The Chief Accounting Officer is a key executive responsible for overseeing and managing the financial accounting function for DRiV. The Chief Accounting Officer plays a pivotal role in ensuring financial integrity, compliance, and strategic financial management within the organization. This position requires a combination of technical expertise, leadership skills, and a strategic mindset to contribute to DRiV’s overall success. This role will report to the CFO of DRiV and be based in our Skokie, IL office.




Key Responsibilities:

  • Lead global DRiV accounting team across Americas, EMEA and APAC covering the full range of accounting and financial reporting oversight responsibilities worldwide
  • Collaborate with executive leadership to develop and implement financial strategies aligned with the organization's goals and objectives.
  • Responsible for attracting, developing, and retaining talent across the regional accounting team.
  • Provide strong oversight over adherence to and implementation of applicable US GAAP, Tenneco Accounting Policies, and Standard Practice Instructions to deliver compliant and best-in-class accounting results
  • Responsible for driving efficient, routine, and compliant close processes that allow for standardization and simplification
  • Responsible for supporting internal audit requirements across regions ensuring observations and deficiencies are reported and remediated timely and effectively; provide support to apply corrective actions as identified by Internal Audit
  • Ensure month-end and quarter-end reporting and reconciliation requirements are in accordance with company policies and procedures across the region.
  • Identify opportunities for process improvement and automation in accounting processes.
  • Lead the controllership aspects of ongoing ERP and other related system transformation across the business.
  • Responsible for being the primary liaison with the external auditors to ensure timely delivery of audit requests to support completion of the audit.
  • Ensure the regional team’s adherence and timely filing of legal entity and local statutory reporting requirements.
  • Support ad hoc and special projects as they arise, including but not limited to: acquisitions, divestitures, push-down accounting, assets as held for sale, discontinued operations, etc.
  • Stay abreast of industry changes and current tax/accounting laws






Required Experience

  • Bachelor’s or master’s degree in accounting; CPA required and MBA is highly desirable.
  • Extensive experience as a Controller or similar leadership roles in a multinational organization.
  • Strong understanding of US GAAP accounting principles and global market dynamics.
  • Exceptional analytical and problem-solving skills, with the ability to navigate complex financial landscapes.
  • Familiarity with multiple different ERP systems and advanced proficiency in financial modeling and analysis tools.
  • Proven ability to communicate effectively with diverse teams and stakeholders at various organizational levels.
  • Strong leadership skills in sophisticated functional teams and experience in building relationships across the organization.
  • Ability to multi-task with strong prioritization skills and to work within a highly functioning finance team as a team player.
  • Experience with OneStream highly desirable.




An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.