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Financial Reporting Senior Analyst
2 months ago
Job Location: Southfield, MI
What we offer:
VeoneerSafety Systemsis the world leader in Automotive Electronic Safety Systems. Veoneer's scalable, best-in-class restraint control systems are mitigating the effects of a car crash. To date, we have delivered more than 1 billion devices to car manufacturers globally.
Veoneer Safety Systems has an international and collaborative team of 2,700 employees in 11 countries.
We empower our people and are dedicated to their professional development and growth.
Veoneer Safety Systems - Saving Lives Every Day.
What you'll do:
Role as the Financial Reporting Senior Analyst, reporting to the Financial Controller. Will support the consolidation of the Veoneer Group, including performing group eliminations, top-side entries, and performing financial analysis to ensure that the results are accurately reported. US GAAP Technical accounting responsible, including Credit Loss, Lease, Revenue Recognition, and new applicable standards.
- Support group reporting and consolidation in US GAAP
- Provide US GAAP accounting and reporting support to subsidiaries and operations
- Prepare and send out monthly/quarterly financial reporting instructions
- Perform consolidation of lease reconciliations and lease reporting
- Support local reporting entities in the Intercompany reconciliation, ensure consolidation of intercompany is properly recorded
- Responsible for performing the Quarterly Current Expected Credit Loss ("CECL") model
- Record consolidation journal entries, including group taxes, inventory profit eliminations, revenue recognition
- Preparation of the annual financial statements, including footnotes, and quarterly reports
- Support external audit, provide documentation requested by auditors
- Perform the review of Revenue Recognition checklists, overall responsible for Revenue Recognition technical accounting
- Monthly and quarterly reconciliations of key accounts in HFM
- Ad-hoc analysis and reports as requested by management
- Continuous Improvement: Participate in process improvement initiatives to enhance the efficiency and effectiveness of financial reporting, analysis, and planning processes.
- 5-7 years of progressive experience and responsibility in financial reporting roles
- US GAAP Technical knowledge
- Bachelor's degree in finance or accounting required
- Public Accounting experience
- Strong computer /software experience, including Excel. HFM experience is required
- Positive mindset and active team player
- Comfort with ambiguity and strong desire to contribute to growth of the business
- Flexibility to contribute to operations of the business outside of one's core responsibilities when necessary
- Proactive communicator and ability to work with people globally
- Self-motivated
- Finance experience in automotive industry is preferred
Department Finance Locations Southfield