Brief Role Description

This position is Career Level 19P based in Reston, VA with a Role Classification of Hybrid.

Role Summary

The Financial Planning & Reporting Specialist will build and maintain financial models that report actuals & forecast the P&L, Balance Sheet and Cash Flow statement for the VWFSPS insurance company. They will be solely responsible for building month, yearly and 5 year financial performance projections.

The Specialist will also be responsible for reporting all figures up to internal management and our global headquarters through proprietary reporting software.

They will work cross-functionally across the organization in order to define and monitor KPIs to measure performance against volume and financial objectives, recognizing risks and opportunities in a timely manner and suggesting alternative actions to accomplish the objectives.

Responsibilities within this Role
• Work closely with the Sr. Director of Controlling, VWFSPS Insurance Team, Treasurer, SVP Finance, CFO and accounting/controlling functions in order to forecast VWFS Protection Services P&L, Balance Sheet and Cash Flow Statement.
• Build and maintain a multi-year financial planning tool for all VWFS entities (P&L, balance sheet, cash flow), under IFRS standards. This includes different aspects of the business model (dealer reinsurance, direct underwriting, reinsurance / fronting arrangements)
• Responsible for financial modeling and data analysis to identify monthly trends (and develop mitigation plans as necessary), ensure objectives accomplishment, and share strategic business insights.
• Prepare the monthly, annual, and 5 year plan for VWFS Protection Services business and the VCI ancillary business.
• Complete and analyze specialized reporting documents required from HQ & VWFSPS Management
• Run periodic product profitability and production analysis
• Develop senior management presentations.
• Complete ad hoc analyses and reporting as required.

Qualification requirements

Experience:
• 5-10 years of finance and accounting experience focusing on: financial analysis, financial modelling, Insurance products
• Automotive F&I experience preferred

Required Education:
• Bachelor's degree in Finance / Accounting
Desired Education:
• Master's Degree in Finance / Accounting

General Skills Needed:
• Strong leadership qualities and excellent interpersonal skills (both written and oral)
• Analytical and conceptual thinker who continuously seeks to improve
• Communication/Presentation skills - succinctly and effectively communicate complex data and concepts to high-level audiences including the CEO/CFO
• Capability to work against tight deadlines while maintaining quality accuracy
• Ability to develop effective partnerships with all partners and stakeholders
• Ability to coach peers pertaining to insurance and consumer financial products

Required Specialized Skills:
• 3-5 years of experience with insurance products, dealer reinsurance programs and dealer services
• Ability to build and maintain a financial model that forecast the P&L, Balance Sheet and Cash Flow statement of a financial services insurance company
• Experience with business reporting software to align with corporate goals and objectives
Expert skills in Excel, PowerPoint

Desired Specialized Skills:
• Experience within an automotive financial services company
• Advanced knowledge of the US insurance business and/or F&I products
• Understanding of multi-entity environment within the extended warranty sector (OEM/Obligor/Captive Insurance structures)
• Expert skills in Tableau, Business Objects, experience with VW Group financial reporting tools (CMIS, Vokus)

Work Flexibility:
• Reston Office, VA - 0% Travel

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Job ID: 29091

Company: VW Credit, Inc.

Location: