Senior Financial Specialist at MAHLE International GmbH in Farmington, MI

Your Role & Responsibilities

• SUMMARY: The financial specialist contributes to and oversees different finance and accounting related topics for the Maquiladora Company / North America region by performing the following duties:
• Prepares and reviews monthly account analysis and reconciliation
• Establishes, interprets and analyzes complex accounting records of financial statements
• Assists with preparation of financial statements
• Performs monthly general ledger close
• Reconciles balance sheet accounts
• Prepares and analyzes monthly journal entries and reports
• Ensures integrity of financial statements and compliance with GAAP, company policies and governmental regulations
• Assist with annual external audit and budget processes
• Prepares analytical review of profit and loss statements and balance sheet of single legal entities as well as for the North America region
• Analysis and quality review of half-year and year-end reporting packages according to HGB and IFRS
• Development and analysis of major KPI’s for North American Legal Entities related to Cash Flow and Liquidity
• Validation and analysis of actual, economic and strategic plan figures on legal entity level as well as assisting in the annual budget planning process creating reports and presentations
• Responsible for consolidating the actual results, economic plan projections, and forecast projections of North America and creating consolidated financial statements
• Preparation of management reports for regional general management purposes as well as global corporate needs
• Contact partner in regional finance for accounting related questions
• Optimization of accounting and finance processes Recommends, implements, and administers policies and procedures to enhance efficiencies in reporting
• Contribution to and coordination of special projects (e.g. M&A)
• Responsible for the monthly and quarterly reporting submissions to upper management, including the consolidated financial statements, monthly reports, and variance analysis
• Responsible for compilation of the North America group account variance analysis
• Assist the GL teams in preparing the Business Valuations
• Review and submit to the audit team for their approval before submitting the final valuations to Germany
• Applies lean operation ideology and analytical techniques to establish and continuously improve processes
• Ensures the appropriate methodology, measurements, tools and qualitative techniques (e.g. data collection, simulation, statistics, etc.) are applied in projects
• Determine root cause of issues by using 8-D and 5-Why corrective action and problem solving skills and develops countermeasures, verifies and judges effectiveness of corrective actions
• Make use of statistical tools when working with large data sets to perform analysis and reporting on various projects including data trend analysis as well as implementing corrective action plans
• Other topics as assigned

Your Skills & Strengths

• Bachelor Degree in Accounting, Finance, Engineering or similar field of study is required; Masters Degree is a plus
• Minimum 5 years of industry related experience in financial accounting, reporting or controlling is required
• Experience in the Mexican IMMEX program required
• Knowledge of the Mexican NIFs required
• Knowledge of German GAAP preferred
• Extensive knowledge of software applications i.e. Excel, MS Word
• Management skills necessary to directly supervise a professional staff
• Capable of implementing continuous improvements within department, i.e., lean six sigma concept
• Knowledge of Mexican Import/Export concepts preferred
• Knowledge of the Custom Tax Legislations preferred
• Experience with Lean Six Sigma preferred