DRiV 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, DRiV 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.
Finance Manager, Treasury
Location: Skokie, IL or Southfield, MI
Using advanced, broad-based financial, accounting and business knowledge, delivering value-added business analysis that supports the leadership team in identification of opportunities to achieve overall business goals and objectives.Ensures the integrity of the financial information generated and implements consistency and process improvements.Analyzes financial results and establishes and measures key financial targets.Assists in preparation of financial reviews, cash flow plans, forecasts and capital requests.Supports all core financial planning and analysis processes to ensure predictability, accountability and high performance inside the Treasury Department.
Key Responsibilities:
Lead the best business practices (BBP) process from a financial perspective and facilitate the propagation of these practices throughout the region and participates in the sharing of financial best business practices across the region
Validation and reconciliation of direct / indirect cash flow
Reviews and manages working capital initiatives across the business units
Consolidation and analysis of FX & Commodity exposures
Using factoring and SCF as key tools to manage working capital, proactively work with the different Business Units to identify opportunities to manage.
Key contact for driving Sale-Leaseback transactions for the business units.
Supports Treasury with consolidating quarterly BU data (i.e., bank accounts, loans, reserves, guarantees, etc.)
Participates in Treasury Staff and Key Treasury Connection Points.
Supports the financial/business planning and forecasting process for cash flow across the business units.
Ensures adherence to Corporate and Divisional accounting/internal control procedures, compliance and reporting requirements.
Supports ad-hoc request and other duties and responsibilities as assigned
Required Experience
Bachelor's degree (or equivalent) required. Major in Accounting or Finance. MBA or CPA highly preferred
Minimum 8+ years' progressive financial experience
Broad financial experience in all aspects of business control
Preferred Skills & Experience
Broad background in all aspects of financial planning and analysis
Strong knowledge of internal controls and US GAAP required.
Proficiency with Microsoft suite, HFM (Hyperion Financial Management) and SAP
Excellent analytical, interpersonal and communication/presentation skills and overall business acumen required.
Solid project management and problem-solving capabilities
Demonstrated results in improving processes and developing financial analysis that provides business insight
Partners with the financial and operations leadership teams to build a climate that energizes the team and drives accountability and demonstrated personal commitment to Customer Satisfaction
Ability to work well in a dynamic and complex environment and on cross functional teams in a highly matrixed environment
Compensation:
The base pay for this position generally ranges between $135,000.00 - $155,000.00. 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.
