Senior Accountant

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.

We are seeking a Senior Accountant to join our dynamic finance team. This position is responsible the consolidation, preparation and reporting of external basis financial statements prepared in conformity with US GAAP as well as planning and coordination of monthly, quarterly and yearly close activities. The position is based in Northville, Michigan and reports directly to the Finance Director of the company. 

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:

• Required to proactively partner with other finance personnel on a global basis to ensure all close related activities are accurately completed on a timely basis.
• Participate in monthly accounting review meetings with the business units, country controllers, and other corporate functions, such as tax, treasury, and legal, and coordinate follow-up items from these meetings.
• Provide accurate and timely dissemination of financial reports.
• Perform analytical review of operating results to ensure the accuracy of accounting records.
• Prepare consolidating journal entries for actual results, forecasts, and budgets.
• On occasion process post-close top-side journal entries on behalf of business units to facilitate timely closing of the books.
• Coordinate pushdown of top-side entries to business units’ general ledger in subsequent month.
• Identify and address accounting issues in a timely manner.
• Prepare and distribute intercompany out of balance reports to the business units.
• Prepare and distribute a monthly close communication to the users of the consolidation system.
• Review account reconciliations and ensure exceptions are corrected on a timely basis for various accounts including intercompany accounts, unconsolidated affiliates, and investment and equity accounts.
• Identify opportunities to simplify the current reporting and entity structure within the consolidation system.
• Ensure adherence to all accounting policies and controls.
• Ensure SOX requirements are met and compliance is maintained at all times.
• Ensure all processes are appropriately documented and updated as needed.
• Draft or update accounting policies for complex consolidation matters, such as noncontrolling interests, variable interest entities, and foreign currency related matters.
• Support the external financial reporting group in preparation of quarterly and annual financial statement footnote disclosures.
• Track and report on the progress of entity loads into the consolidation system during the monthly close.
• Track late journal entries for review and approval by the Director of Global Consolidations. 

EDUCATION:  Bachelor’s Degree in Accounting or Finance. Master’s Degree in Accounting preferred. CPA preferred.

SKILLS & EXPERIENCE:

• 2 – 3 years of work experience in public accounting and/or industry with progressive increase in responsibility. Thorough knowledge of U.S. Generally Accepted Accounting Principles (GAAP).
• Big 4 Public Accounting Firm experience working with multinational publicly traded companies, preferably in the automotive manufacturing (OEM or OEM supplier) or aftermarket industry.
• Strong technical accounting background in US GAAP. 
• Strong understanding of consolidation and foreign currency accounting theory. 
• Strong understanding and experience in the preparation of a full Income Statement, Balance Sheet and Cash Flow Statement are required.

We are committed to the safety and health of our employees. We adhere to social distancing recommendations and other protocols, ensuring a safe work environment for all.