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Job Requirements of Commercial Finance Manager:
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Employment Type:
Full-Time
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Experience:
8 years
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Education:
4 Year Degree
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Location:
Monroe, MI (Onsite)
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Commercial Finance 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.
As a member of a customer business team, the Commercial Finance Manager forms a critical and strategic finance business partnership with reporting to the Global Finance Director. This role will lead all commercial and strategic financial processes and partner with the Global VP of the CBU to drive strategic, sustainable and predictable results that align with the Annual Operating Plan, three-year business plan, and five-year strategic CBU plan for Tenneco’s continued profitable growth.
Our recruiting team is ready to act immediately. You’ll first hear from someone in Talent Acquisition to schedule a phone screen, and then the next step will be a personal interview with our Hiring Manager. We pride ourselves on moving through the process quickly, and you can be sure of transparency and prompt communication.
RESPONSIBILITIES:
- Develop Business Plans (Current & New), Capital Appropriation Requests, and business cases for analysis of Return on Investment, Return on Invested Capital, and Economic Value Add
- Develop proformas for new manufacturing facilities
- Develop competitive pricing strategies/quotations which will be submitted to our customer(s) and potential negotiation of pricing through customer costing models
- Work with a complex bill of material to understand and develop cost strategies for our products
- Work with a variety of manufacturing processes and related costs
- Attend project team meetings
- Follow-up and resolve financial issues to attain key financial measures
- Perform monthly global financial value added business analysis for senior management
- Explain product costs to our customer’s financial analysts
- Develop cost targets for suppliers based on customer & market data
- Control development spending and have direct involvement in spending and recovery initiatives for all applicable areas
- Initiate financial road-maps based on product cost reduction efforts
- Provide support for Month-end close and financial review analysis
- Execute financial strategy of the Global CBU
- Overall income statement and internal controls responsibility for the Global CBU
- Outstanding communication skills are essential for this position
- Direct customer interface (quote collaboration) preferred
- Mentoring and coaching of their direct reports
EDUCATION: Bachelor’s degree (or equivalent) required. Degree in Accounting, Finance or Business related field preferred, Engineering or Program Management will also be considered. MBA or professional accreditation (CPA, CMA) highly preferred.
SKILLS & EXPERIENCE:
- Minimum of 8 years financial experience related to financial management of project management in a global manufacturing environment
- Proven excellence in financial skills and the ability to work in a highly matrixed team environment
- Automotive experience highly desired
- Proficiency with Microsoft suite and understanding of Tenneco’s financial systems (SAP and others) and processes are a plus
- Excellent analytical, interpersonal and communication/presentation skills and overall business acumen required.
- Highest standards of accuracy, precision and organization skills
- Solid project management and problem solving capabilities
- Demonstrated results in improving processes and developing financial analysis that provides business insight
- Travel domestically and internationally to customer, manufacturing and supplier sites may be involved
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.