Job DescriptionIn this position...
This critical analyst role within Ford Motor Credit's Finance team is responsible for the accounting and financial reporting for our insurance operations, including our wholly owned P&C insurance company. You will work with a team of accounting professionals, collaborate closely with various internal and external stakeholders, and ensure timely and accurate U.S. GAAP and statutory accounting and reporting. This position oversees the accounting for our proprietary insurance products, including Ford Pro commercial insurance.
ResponsibilitiesWhat you'll do...
- Operational Accounting: Review monthly Ford Pro insurance reporting packages received from managing general agents and strategic partners. Identify variances, communicate findings, and prepare corresponding journal entries
- Financial Reporting: Manage key aspects of the monthly, quarterly, and annual accounting close processes, including the preparation of journal entries and account reconciliations.
- Statutory Compliance: Prepare quarterly and annual statutory journal entries and schedules required for Insurance Statutory Statements filed in the U.S. and Canada
- Strategic Collaboration: Partner with the Actuarial team on reserve analysis, the Reinsurance team on cession payments, and Corporate Strategy on investment activity to ensure accurate financial representation
- Tax & Treasury: Coordinate with the Tax department (U.S. and Canada) on insurance business unit tax entries and execute necessary wire transfers between partners and Ford
- Digital Transformation: Support the implementation and testing of new systems or upgrades to current systems. Proactively identify opportunities to streamline accounting workflows and enhance data accuracy
- Audit Support: Serve as a key point of contact for internal and external auditors, ensuring timely resolution of requests
QualificationsYou'll have...
- Bachelor's degree in accounting
- 5 years of relevant work experience in accounting or other relevant field
Even better, you may have...
- Certified Public Accountant (CPA), or insurance-specific designation such as Associate in Insurance Accounting and Finance (AIAF), preferred
- US GAAP and statutory accounting experience preferred
- Strong financial, analytical, and accounting skills with ability to manage complex excel spreadsheets
- Strong people skills/collaboration to support interfacing with various functional teams
- Excellent communication and presentation skills with ability to translate complex accounting data for non-accounting stakeholders
- Shows initiative, self-driven, ability to prioritize and advance multiple assignments simultaneously
- Process improvement mindset
- Resilient, positive attitude
- Responsive to management and audit requests
You may not check every box, or your experience may look a little different from what we've outlined, but if you think you can bring value to Ford Motor Company, we encourage you to apply!
As an established global company, we offer the benefit of choice. You can choose what your Ford future will look like: will your story span the globe, or keep you close to home? Will your career be a deep dive into what you love, or a series of new teams and new skills? Will you be a leader, a changemaker, a technical expert, a culture builder...or all of the above? No matter what you choose, we offer a work life that works for you, including:
- Immediate medical, dental, vision and prescription drug coverage
- Flexible family care days, paid parental leave, new parent ramp-up programs, subsidized back-up child care and more
- Family building benefits including adoption and surrogacy expense reimbursement, fertility treatments, and more
- Vehicle discount program for employees and family members and management leases
- Tuition assistance
- Established and active employee resource groups
- Paid time off for individual and team community service
- A generous schedule of paid holidays, including the week between Christmas and New Year's Day
- Paid time off and the option to purchase additional vacation time.
This position is a range of salary grades 6-8 and ranges from $74,300 -162,120.
Final determination of salary grade will be based on candidate's skills and experience, and base salary will be set within the applicable range according to job scope, responsibility and competitive market value.
For more information on salary and benefits, click here: https://fordcareers.co/GSR
Visa sponsorship is not available for this position.
This position is hybrid. Candidates who are in commuting distance to a Ford hub location may be required to be onsite four or more days per week. #LI-Hybrid
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