Financial Controller - VWUSH

Volkswagen AG•Reston, VA

46d•Hybrid

About The Position

The Financial Controller performs a key role within the Volkswagen US-Holding, Inc. (‘VWUSH’) Finance department. As part of an integrated team that is responsible for Controlling, Treasury and Corporate Vehicle Services, the key representative functions for this role include: Preparation and submission of all necessary financial forecasts (incl. budget and planning round) as well as alignment with Group Controlling. Managing strategic Controlling initiatives including the development and maintenance of a dividend distribution model. Leading the day-to-day budgeting tasks to ensure revenue and fixed cost objectives are achieved. This position will require close coordination with the Managing Director, Finance as well as all companies within the VWUSH tax consolidated group. In addition, this position will lead the preparation of quarterly Board of Management presentations.

Requirements

Minimum of 7-10 years of experience in Finance, Accounting, Controlling or Treasury
Bachelor’s degree in accounting, finance or related degree
Analytical and conceptual thinking – using logic and reason, creative and strategic
Excellent communication and interpersonal skills
Ability to effectively communicate with all levels of the organization and external clients
Computer savvy – skilled in the use of software and excellent working knowledge of MS Office, especially Excel and Power Point
Collaboration and integration – joining people, processes or systems
Advanced influencing and negotiation skills
Understanding of financial business risks
Fluency in English
Advanced MS-Office skills (in particular Excel and PowerPoint)
Ability to analyze, interpret, and create financial statements (Balance sheet, P&L, Cash Flow)
Exceptional verbal (presentation) & written communication
Ability to convert analysis into conclusions and recommendations
Experience in executive level reporting and communication

Nice To Haves

Master’s degree in business administration or finance
German is an asset
Excellent knowledge of financial planning processes and automotive business model
International work experience
Understanding of the VW Group standards and interests

Responsibilities

Develop and implement financial forecasting infrastructure to support forecast and budget processes for new entity
Prepare and submit forecasts as required including coordinating inputs for VWUSH departments (like Treasury, CVS, Tax, Legal), dividend and cost information as well as submitting the necessary reports to Group Controlling.
Lead the annual budgeting and 5 year Planning Round forecast, in close relationship with the Managing Director, Finance. Coordinate with all companies within the consolidated tax group to determine annual dividend distribution.
Responsible for the development and presentation of the 5 year planning round financial forecast to the Board of Directors, Managing Director, Finance and Planning Round committee at VWAG.
Support Management on strategy or operational projects as required.
Prepare quarterly presentations to the Board of Management
Develop and maintain dividend distribution model. Ensure close collaboration with the Tax department at VWUSH and all VWUSH subsidiaries in the tax group.
Create and update liquidity forecast on a daily basis for 90 days and on a monthly basis for 12 months to ensure sufficient cash is on account for tax and operational payments.
Perform Controlling activities including review and analysis of monthly closing actuals with forecasts and budgets. Provide analysis and variance reporting to the Managing Director, Finance.
Manage Service Level Agreements with Affiliates.
Support approval, payment and tracking of VWUSH invoices.