Manager, Corporate Accounting

Position overview

The Manager, Corporate Accounting is responsible for  all  the accounting activities of Porsche Cars North America (PCNA), Porsche Logistics Services (PLS) and Porsche Cars Canada (PCL). Primary responsibilities include IFRS reporting for PCNA, PLS and PCL financial statements; routine reporting to North American senior management and parent company in accordance with IFRS Standards; support in the preparation of consolidated financial statements for all Porsche North America entities. Additional responsibilities include determining and implementing accounting policies and procedures to ensure financial statements are in line with current IFRS guidance. The Manager, Corporate Accounting, will implement, maintain and improve the internal controls over financial reporting and is the main counterpart for the auditors performing the quarterly reviews and annual audits.

Strong analytical, accounting and communication skills are necessary for this position. This role requires the ability to work on multiple projects in a fast-paced environment and maintain a high level of professionalism and confidentiality. This position reports to the Director, Corporate Accounting & Controlling. The Manager, Corporate Accounting, works closely with the CFO, operating executives and managers, and with the parent company. The role actively participates in the monthly close meetings with the CFO.

This role has management responsibilities over a team of accountants (overall team of 7 accountants) and to make sure that the team consistently delivers a high quality of work.

Roles & responsibilities

• Responsibility for the accounting and the monthly, quarterly and annual financial reporting of PCNA, PLS and PCL
• Active participation in the monthly close meetings with the CFO
• Supervise and manage a team of accountants
• Establish strategic and department level goals for department and direct reports
• Provides guidance and support to direct reports by planning, monitoring, coaching, developing, recognizing and assessing individuals
• Ensure the implementation of new accounting policies and procedures
• Implement, maintain and improve internal controls over financial reporting for PCNA
• Main contact person for the auditors of the financial statements on a quarterly and annual basis
• Provide support and technical accounting maintenance for procure to pay system (Zycus)
• All other duties as assigned
• Provide details to the treasury department for cash flow forecasts
• Various US Government reports (annually, monthly or quarterly)
• Balance sheet projections (3 times a year)
• Supervise the analyses and maintenance of various general ledger and subsidiary accounts and records
• Respond to frequent parent company questions and requests for additional analyses in a timely and professional manner
• Work with the Shared Services organization on issue resolution

Education:

• Bachelor’s degree in finance, accounting or equivalent required. Advanced degree and/or CPA preferred

Experience:

• 8-10 years of experience in full cycle accounting
• Must have experience with month-end close, journal entries, and account reconciliations
• Experience leading an accounting department

Skills:

• Detail oriented analytical skills with a high degree of accuracy
• Ability to multi-task and critically review work completed by other team members
• Solid understanding of advanced accounting principles, financial management tools and concepts
• Strong communication and presentation skills – both written and verbal
• Ability to interact with of all levels of the organization in a team environment
• Demonstrated leadership and self-direction
• Demonstrated willingness to both teach others and learn new techniques
• Experience translating analysis results into business recommendations
• Strong computer skills, especially MS Excel and PowerPoint
• SAP FI/CO experience highly desirable

Percentage of required travel: up to 2-3 times per year (as needed)

Schedule/Shift: Hybrid

The salary range for this role is $135,000-$160,000. However, it is important to note that at Porsche, compensation range is dependent on geographic location. Individual salaries within each range are determined through a wide variety of factors including but not limited to education, experience, knowledge and skillset. Porsche reviews compensation regularly and may adjust base salaries to reflect market competitiveness.

In addition to salary, individuals may be eligible for a discretionary performance bonus. Our full suite of benefits includes:

• Paid Vacation
• Paid Holidays
• Paid Sick leave
• 401(k) match
• Medical, dental and vision coverage
• Tuition and certification reimbursement
• Life Insurance
• Short and Long Term Disability Coverage
• Subsidized gym membership program
• Subsidized Porsche and VW leasing programs

Physical requirements

• Must be able to lift 15 pounds at times.
• While performing the duties of this job the employee is required to talk, hear, walk, sit, stand, climb stairs on occasion with prolonged periods of sitting at a desk and working on a computer.
• Must be able to effectively work and complete tasks in an open office/noisy environment.

Direct reports

• Senior Technical Accountant
• Senior Accountant
• Senior Accountant
• Intercompany Accountant (contractor)