Deputy Manager - Financial Reporting

Deputy Manager - Financial Reporting

Financial Reporting team at Ford Credit Global Business Center (FCGBC), part of FCE Bank plc Accounting shared services, providing technical accounting services to several locations across Ford Credit in Europe (Europe Segment) with 35+ experienced and qualified accounting members at Chennai and Remote locations. Financial Reporting team deliver month end, quarter end and annual accounting services to FCE Bank plc, its branches and subsidiaries. Similar services are provided for Ford Bank Germany (FBG), Ford ECO (parent of both FCE & FBG) and remaining small market. This team liaison with various skill teams like Business Centers, Central Accounting, Finance teams at Europe Locations and skill teams within Ford Business Solutions. 

The European Financial Accountant is responsible for the preparation, consolidation, and reporting of financial results for the Europe Segment in compliance with U.S. Generally Accepted Accounting Principles (US GAAP). This role plays a critical part in ensuring accurate, timely, and compliant financial reporting to FMCC, supporting transparency and informed decision-making at the corporate level. The position reports directly to the Manager, Financial Reporting and works closely with regional finance teams and global stakeholders.

• 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 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 
• Equip with SAP and GR to create multiple need based reports for management review
• 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
• Review of FMs for FCGBC and provide actionable summary
• Assist with the reviews and updates of all financial reporting desk procedures, FCE procedures, and policy statements

 

 

Ad hoc duties as required

• Candidate should hold a professional accountancy qualification (CA/ACCA/CIMA) and / or have appropriate experience

• Good working knowledge of Credit business and accounting function.
• Evidence of demonstrating a high level of FORD leadership behaviors.
• Ability to lead a cohort and work on own initiative.
• Adaptability in completing a diverse range of tasks.
• Strong analytical skills.
• Excellent verbal and written communication skills
• To understand what the fair treatment of customers means and to ensure this is consistently incorporated into the role as appropriate.

• Familiar with US GAAP & IFRS.

• Preparation of consolidated accounts.

• SAP and Group reporting (GR) system experience.

• Project management experience.

 

Experience Level

Mid Level