Manager, Accounting and Transformation Support

Company: Tenneco
Location: Skokie
Posted on: September 19, 2023

Job Description:

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.

The Manager, Accounting and Transformation Support is focused on implementing consistent accounting policies on a global basis to ensure high quality financial reporting, preparing technical position papers, ensuring revenue recognition policy compliance, managing the accounting and reporting of factoring programs. Additionally, this individual assists in a variety of transformation projects, as needed and supports the businesses in understanding the accounting implications of various transactions or contracts that they enter into.

JOB RESPONSIBILITIES:
--- Assist in compliance and review efforts as they relate to revenue recognition
--- Manage factoring accounting for quarterly reporting and providing technical accounting support for new factoring agreements.
--- Act as the accounting liaison for enterprise-wide projects including contractual analysis, providing guidance on accounting treatment, writing technical position papers, reviewing consolidation system data to ensure entries were recorded correctly
--- Assist in acquisitions and divestiture accounting, including providing support to local accountants, technical accounting conclusions, working with valuation specialists, and assisting
--- Develop accounting training programs for finance organization
--- Support transformation efforts: finance process improvements, process automation
--- Write and/or revise accounting policies
--- Maintain accounting policy manual and chart of accounts to ensure high quality financial reporting
--- Training and other implementation support for new accounting policies (including ongoing monitoring)
--- Assist with various technical accounting topics including, but not limited to, revenue recognition, share-based compensation, PP&E, goodwill, going concern, intangibles, and impairment analysis
--- Evaluate policy deviation requests from BUs and review with CAO
--- Prepare and evaluate quarterly SAB 99 memo
--- Provide U.S. GAAP support to the Divisional and Corporate Finance leaders
--- Ad-hoc projects, as requested

EDUCATION: Bachelor's degree in accounting or finance, or equivalent, required; CPA certification or equivalent, required
EXPERIENCE: 5 - 7 years of experience, preferably recent BIG 4 public accounting firm experience, experience with carve-out financial statements, business combination accounting, and accounting for factoring arrangements preferable.
REQUIREMENTS: --- CPA or equivalent is required, including a thorough understanding of US GAAP and GAAS
--- Significant capability, drive, and initiative to create and manage own work agenda and work independently
--- Strong Microsoft Office skill (Word, Excel, PowerPoint)
--- Ability to travel up to 10%

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.

Nearest Major Market: Chicago

Keywords: Tenneco, Skokie , Manager, Accounting and Transformation Support, Accounting, Auditing , Skokie, Illinois