Financial Controller Sr

Innovation. Sophistication. Optimization. This is our passion. Worldwide, the Volkswagen Group has a long tradition of dramatic innovations. The Volkswagen Group with its headquarters in Wolfsburg is one of the worlds leading automobile manufacturers and the largest car maker in Europe. The Group comprises of twelve brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, KODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. Here in the US, we are blending German engineering with American ingenuity. Located in the heart of Silicon Valley, the Volkswagen Innovation and Engineering Center California (IECC) is becoming the epicenter of vehicle electronics expertise in North America. Comprised of twelve teams, the IECC works with researchers and development teams in the US, Germany and across the globe. Were a team of engineers, designers, scientists, and psychologists looking to develop innovations for future generations of cars, and to transfer technologies from many industries and research institutions into the automotive domain. Our mission is to drive change which means we are not only impacting one of the worlds largest car makers, but also the lives of millions of people. Are you ready to join us? Financial Controller Sr Role Summary The Financial Controller Sr. is responsible for budgets, financial planning, reporting, controlling, and G/L accuracy. He/she oversees recoveries and billings of base, bilateral project, and foreign service employee (FSE) funding (overall budget of $80M). The Financial Controller Sr. oversees all Innovation and Engineering Center California (IECC) finance and purchasing activities to ensure adherence to corporate policies. He/she will be the Finance expert of the whole IECC organization who installs solutions and processes for financial challenges unique to the IECC. Role Responsibilities

• The role has Financial Approval threshold of 100,000 USD.
• Create IECC budget
• Review business cases for requests (Shopping Carts, VTracs, Taleo, Fieldglass,) and determine if aligned to financial goals of IECC
• Identify and recommend cost-saving opportunities or other efficiencies where possible
• Balance IECC organization budget throughout the year to meet financial goals
• Prepare monthly and ad hoc financial reports, statements, charts and analysis for IECC management
• Track ICC and ECC shared project manpower cost to enable cross organization allocation accounting
• Allocate IECC overhead costs to ICC and ECC
• Generate respective ICC and ECC financial reports
• Design SAP hierarchy structure of IECC organization
• Maintains cost center list and description/use (active and inactive)
• Input SAP budget data
• Provide spending detail report by team/cost center
• Analyze and allocate overhead per scenario for true hourly bill rate to facilitate bilateral project funding
• Set up cost sharing structure with non-IECC tenants on SVC for services provided by IECC, analyze annually and recover quarterly
• Create IECC budget status on demand

• Secure BM/AKs from Germany for base funding
• Review and correct bilateral project quotes, collect signatures, follow up on POs
• Maintain Excel file of bilateral quotes for real time BM and billing status

• Review Shopping Cart paperwork for budget availability and policy compliance
• Guide IECC Financial Coordinator on PO and A/P processing
• Review PO status and reconcile SAP PO data with IECC PO log
• Accrue for outstanding invoices at yearend

• Request SAP cost center for each new bilateral FSE
• Secure cost acceptance or BM for each quarterly chargeback
• Charge quarterly overhead and admin support through journal entry
• Estimate Dec expense for Q4 billing
• Manage FSE home dept. inquiries and research for explanations of post-repatriation charges processed by Global Assignment or Payroll

• Prove SAP posting expense details
• Research and inquire of questionable postings
• Prepare re-class journal vouchers and take necessary actions to correct root cause

• Prepare planning round / strategic and annual capital investment plan
• Provide capital forecast as required
• Reconcile, identify and tag SAP capital assets
• Prepare SAP Transfer/Disposal of Capital Investment Request

• Tempo system
  • Configure new projects by assigning project numbers and cost centers
  • Extract month end data and compile status reports of project status details
  • Update bilateral funding BM receipts, allocate funding between internal and external costs.
  • Review project spending and budget balance. Raise flags and prompt project/cluster managers to update project planned cost following IECC project management procedures
  • Reconcile database with SAP postings to ensure data integrity
  • Lead project budget sanity check round in Q3 & Q4 for project/cluster managers to validate and tweak forecast to match actual more closely
• VW Group Supply platform
  • Backup administrator of VWGoA account
  • User management (20+ VWGoA users in various functions)
  • Online order acceptance
  • Online quote submission
• Planen-BM system
  • Secure BM number and check status
  • Retrieve BM copy for billing purpose

• Address finance inquiries and solve problems
• Key contact for internal audit
• Supervise and oversee IECC misc. assets management

• 7-10 years in related job function

• Bachelor Degree in Business, Finance, or Accounting or equivalent, Master's preffered.

• Innovation Creates and drives new practices to create value and improve processes
• Analytical and conceptual thinking using logic and reason, creative and strategic
• Communication skills interpersonal, presentation and written
• Computer savvy skilled in the use of software
• Integration joining people, processes or systems
• Influencing and negotiation skills
• Problem solving
• Resource management
• Highly proficient in time management and priority-setting skills
• Proven self-starter who can work independently and is willing to assume a leadership role
• Experience in the use of financial and accounting systems, preferably SAP
• Demonstrated ability to control costs, perform financial analysis, and budgeting and forecasting
• Professional financial analysis experience or related experience in accounting
• Highly proficient in all Microsoft Office applications including MS Access
• Basic understanding of IFRS

• Project management experience
• Basic German language skills
• Knowledge of SAP FI/CO System

• Some travel required within the US approximately 5%