Technical Accounting Manager

Tenneco is one of the world’s leading designer, manufacturers and marketers of automotive products for original equipment and aftermarket customers, with approximately 78.000 team members working at more than 300 sites worldwide. Through our four business groups, Motorparts, Ride Performance, Clean Air and Powertrain, Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket.

DRiV is seeking a motivated leader who combines strong technical accounting skills as well as  separation execution and program management skills for the position of Technical Accounting Manager. This role will support the DRiV controllership to provide accurate and relevant technical accounting guidance to business partners as well as support accounting requirements for the integration and operational carve out related aspects of acquisitions and divestitures.

The ideal candidate enjoys working in an exciting, fast-paced, and collaborative environment where no two days are the same. This role will work with executives and staff across all functions as well as external stakeholders to provide technical accounting guidance on daily business operations and specific project transactions.

Key Responsibilities:

• Ensure that financial statements adhere to GAAP requirements, in addition to meeting all the related required disclosures
• Review US GAAP checklists quarterly/annually, along with appropriately dispositioning all instances of non-compliance, if applicable
• Assist in preparation of financial statement schedules for use as footnote support, including, but not limited to, noncontrolling interest rollforwards, equity method investment rollforwards, inventory, property, plant and equipment, goodwill and intangibles, etc.
• Conducts accounting technical research and writes technical position memos/white papers for accounting and disclosure matters
• Assist with the implementation of new accounting pronouncements and related procedures
• Maintain accounting policy manual and chart of accounts to ensure high quality financial reporting
• Evaluate policy deviation requests from BUs and review with CAO
• Assist with the annual external audit and serve as a liaison between the Company and external auditors to resolve accounting and reporting issues
• Assist with the internal audits and internal control over financial reporting validation processes to resolve accounting and reporting issues
• Provide U.S. GAAP support to Finance Leaders; act as the accounting liaison for enterprise-wide projects including contractual analysis, providing guidance on accounting treatment, writing technical position papers, reviewing consolidation system data to ensure entries were recorded correctly
• Participate in the coordination with external specialists (i.e. valuation specialists, actuaries, etc.) on critical accounting estimates and related assumptions, along with control documentation over the review of inputs to financial models.
• Review reports from external specialist and documentation of review procedures over data for internal controls documentation
• Update process documents and narratives for internal controls documentation
• Assist with the implementation of new accounting policies and procedures
• Draft disclosures related to newly implemented accounting pronouncements or SEC requirements
• Provide input on accounting process improvements and automation of current processes to gain efficiencies
• Lead and or support ad-hoc projects as required. Ad hoc projects may include but are not limited  to providing accounting guidance to Business Units on transactions being considered or contemplated, including, but not limited to, push-down of purchase accounting

• Collaborate with Separation team to assist with the accounting aspects of due diligence processes for potential buyers
• Lead in acquisitions and divestiture accounting, including providing support to local accountants, technical accounting conclusions, working with valuation specialists, and assisting
• Support day to day activities on the DRiV separation

Qualifications:

• Bachelor’s or Master’s degree in Accounting required; CPA certification required; Master’s degree in Accounting, Finance or MBA preferred
• Minimum 5 years of work experience in public accounting and/or industry with progressive increase in responsibility; 8+ years preferred
• Big 4 Public Accounting Firm experience (3 years minimum) working with multinational publicly traded companies, preferably in the automotive manufacturing (OEM supplier) or aftermarket industry
• Proven experience with accounting requirements in relation to divestitures and acquisitions
• Strong technical accounting background in US GAAP
• Strong analytical and trouble-shooting skills
• Team-oriented and able to perform tasks where time management is key
• Significant capability, drive and initiative to create and manage own work agenda
• A high degree of computer literacy, experience with ERP systems (e.g. SAP) required and consolidation systems experience preferred (e.g. Hyperion or One Stream)
• Sound planning and organizational skills, with an emphasis on continual process improvement, benchmarking and best practices
• Strong understanding of financial markets, corporate finance, and the strategic implications of sell-offs and mergers/acquisitions.
• Excellent communication and presentation skills, with the ability to articulate complex financial information to diverse audiences.

Compensation:

The base pay for this position generally ranges between $91,567.00 to $182,207.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.

Benefits:

We also offer a range of benefits and programs based on eligibility. These benefits include but are not limited to:

• Paid Time Off
• 401(k) Plan
• Medical, Dental, Vision, & Health Savings Account
• STD, Life, LTD and AD&D
• Education Assistance

   

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.