Job Description

Job Category: Ford Credit ServicesDegree Level: Master's Degree or equivalent:The European Financial Accountant is responsible for consolidated reporting of Europe Segment results under US GAAP to FMCC. This position will report to the Manager, Financial Reporting.Responsibilities:

• Lead the monthly US GAAP close process

• Approve monthly US GAAP timetable and be responsible for all close related
• Review and approve HFM journals for US GAAP accounting
• Review monthly close from all locations to ensure compliance
• Coordinate final review of monthly financial data, liaising with Tax, EFA and other stake holders- approve & submit Europe segment data to US
• Prepare and submit post close entries when required
• Lead the Key data deck (KDD) review of the month end close with European Accounting Manager

• Lead the quarterly reporting schedules to support US GAAP 10Q/10K

• Produce Accounting Due Diligence pack and lead review meeting
• Review and submission of all non-receivable US returns such as A35, Cash flow return etc.
• Presenting Europe's A35 to Senior Mgmt. during European CAR certification meeting
• Responsible for all non-receivable (excluding receivables & debt) quarterly variance analysis from all European markets
• Lead the discussion and review of the 10Q/K with senior management - present input to 10Q/K including reassurance of governance process

Lead Credit Loss Reporting

• Perform monthly validation processes of our Credit Loss Reserving IT system (Currently OSX) including validating inputs and reasonability of outputs. (Reconciliation with receivables system, IFRS9/CECL comparisons, I2I comparisons, staging check, curve linking analysis, other validation to be determined)
• Support Global business with ad hoc requests gathering and organizing data from Credit Loss Reserving IT system (Currently OSX) identifying / investigating irregularities, audit support, or other analysis requiring contract level details.
• Lead delivery of annual FINREP templates to the Regulatory reporting team
• Lead all Financial Reporting Accounting tasks resulting from restructuring activities
• Provide consolidated variance analysis to corporate auditor
• Support SAP implementation for Financial Reporting including creating queries for Month end checklists, KDD deck and retrieves for all reports and submissions
• Lead quarterly review of the balance sheet and contribute to policy reviews
• Provide accounting advice and training to the European locations as and when necessary
• Ensure compliance with global policies, procedures and FMs
• Assist with the reviews and updates of all financial reporting desk procedures, FCE procedures, and policy statements

Qualifications:

• Candidate should hold or be studying for a professional accountancy qualification (ACA/ACCA/CIMA) or have appropriate experience.
• Good working knowledge of FCE's business and accounting function.
• Take a meticulous approach to their work with a high degree of attention to detail.
• Ability to work independently and accurately to tight deadlines.
• Evidence of demonstrating a high level of FORD leadership behaviors.
• Ability to work within a team environment and on own initiative.
• Adaptability in completing a diverse range of tasks.
• Strong analytical skills.
• Excellent verbal and written communication skills across all levels of the organisation.
• PC literacy including a good knowledge of Excel.
• To understand what the fair treatment of customers means and to ensure this is consistently incorporated into the role as appropriate.

Desirable:

• Familiar with US GAAP & IFRS.
• Preparation of consolidated accounts.
• PSGL and HFM system experience.
• Project management experience.