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Financial Analyst Coord. Specialist

Date: Aug 1, 2019

Location: Chattanooga, TN, US, 37416

Company: Volkswagen Group of America, Inc.

VW. Two letters. Endless opportunities.
Summary

The Financial Planning Coordination Specialist role is responsible for the planning, consolidation and analysis of financial statements (P&L, Balance Sheet and Cash Flow), to ensure the development of timely and accurate month closing, budgets, monthly forecasting and long-term plan. The Specialist is also be responsible for variance analysis: actuals to forecast, budget and prior year, to explain the changes to volume, mix products, markets and options, prices, material costs, plant costs, exchange rate, interest rates, cash terms, etc. and properly summarize their impact to the financial statements.

 

Responsibilities
  • Development, coordination and presentation of monthly forecasts, annual budgets, Business Financial Reviews, 5-year planning rounds, and ad-hoc requests for P&L, Balance and Cash Flow.
  • Provide in-depth qualitative analysis of financial results of income statement, balance sheet and cash flow, including but not limited to analysis and reporting of actual results for month, quarter, and year-end close - versus prior year, budget and forecast.
  • Lead controlling department efforts to publish accurate and highly transparent financial information.
  • Lead month close, forecast and budgets meetings, to discuss assumptions and to present financial results and analysis, to Finance managers, directors and CFO.
  • Development of models, tools, and analytics to enable advanced controlling techniques, the steering of business results, and reporting.
  • Following each monthly close cycle, lead the development of the monthly forecast for the current fiscal year.Monitor several underlying assumptions to provide transparency and enhance understanding.
  • Develop short-term forecast for Daily Cash flow, load the data into VW system, monitor the variances during the month, and provide variance analysis to Treasury Department.
  • Develop what if scenarios, for production volume and mix changes, providing the upper management with financial analysis and recommendation in order to facilitate strategic decisions.
  • Work close to Accounting department, on updating financial statements structures as needed, complying with IFRS requirements.
  • Undertake special assignments including resolution of problems and assisting in the development of new processes and support business intelligence systems implementation.
Qualifications

Required

  • Bachelor’s degree or higher in related field (Finance, Accounting or Economics).
  • 8+years of finance experience with significant FP&A experience (preferably at a Manufacturing company) with progressively larger responsibility.
  • Advanced excel knowledge with the ability to create and maintain complex spreadsheets by mining and manipulating data advanced Excel functions, pivot tables and macros.
  • Ability to innovate and implement planning technology and tools as well as working knowledge of business intelligence solutions and experience developing reporting solutions.
  • Strategic planning abilities and critical thinking skills.
  • Proven experience in finance, month close process, budgeting and what if scenarios, with a strong background in analytics.
  • Strong Communication and Presentation skills – succinctly and effectively communicate complex data and concepts to high-level audiences including the CFO/CEO.
  • Ability to make decisions independently, identify issues and implement actions to resolve it, think logically and comprehensively in solving problems and achieve objectives.
  • Ability to effectively organize, analyze and present data with solutions.
  • Strong decision-making, organizational and problem-solving skills and the ability to work effectively in a deadline intensive environment.
  • Organized and detail oriented with ability to manage financial processes and the capacity to implement control procedures while driving continuous improvement.

Preferred

  • Master‘s Degree in Accounting/Finance or Engineering
  • CPA
  • German language fluency

 

Scope and Magnitude

Budget Accountability: No

Supervises Others: No

Travel Required: Minimal

Span of Control (# Directs):  0  


Nearest Major Market: Chattanooga

Job Segment: Financial, Engineer, Financial Analyst, Strategic Planning, Business Intelligence, Finance, Engineering, Strategy, Technology

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