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MEA Operations Accounting Mgr.

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Ford Motor Company

2mo ago

  • Job
    Full-time
    Senior Level
  • Accounting & Tax
    Business, Operations & Strategy
  • Pretoria

AI generated summary

  • You must have CA(SA), BCOM Honors, GAAP/IFRS knowledge, shared services experience, iERP understanding, and strong team management skills. Attention to detail and multitasking are essential.
  • You will manage timely supplier payments, oversee receivables, ensure accurate financial reporting, handle intercompany accounting, lead audits, and drive process improvements while coaching your team.

Requirements

  • Knowledge of US GAAP, Companys Act of 2008 and International Financial Reporting Standards (IFRS)
  • Experience of working with India shared services.
  • Understanding of how Accounting iERP systems and ledgers work
  • Prior experience on preparation of Annual Financial Statements and management of working capital
  • Prior SAICA articles experience with minimum two years post articles experience
  • BCOM Honors in Accounting or Equivalent
  • Chartered Accountant CA(SA)
  • Working capital management
  • Strong team management and employee coaching skills
  • Good communication and listening skills
  • Self-starter and team player
  • Attention to detail
  • Be able to work under pressure and to multitask
  • Providing solutions for adhoc activities that require Accounting expertise

Responsibilities

  • Ensure Supplier Payments are made timely and accurately.
  • Managing accounts receivables collections and ageing processes.
  • Review operations metrics regularly with center of excellence and providing solutions or seeking guidance on how to resolve any issues identified.
  • Providing support and recommendation on correct accounting for inventory, receivables and payables system transactions.
  • Ensure adequate reserves were maintained for doubtful receivables & debit balances. Review the balances prior to each quarter close.
  • Intercompany accounting – resolving any intercompany mismatch balances identified within intercompany balances prior to each month / quarter-close.
  • Centre of Excellence review – Review SLAs annually and provide feedback on areas for improvement.
  • South Africa Business Owner responsibilities for Accounting Systems (EuroVAC, GAPS etc).
  • Management and clearance of systems suspense transactions and reconciliation to ledger accounts.
  • Management of processes for Manual Accountable Documents used within the company.
  • Managing the travel systems and processes.
  • Assessing company stock for impairment based on latest sales auction values and profitability/losses.
  • Leading the preparation of accurate and timely financial statements (monthly, quarterly, annual) in accordance with Company’s Act and IFRS.
  • Overseeing the company’s month-end and year-end close process, including journal entries, reconciliations, and accruals. Ensuring compliance with Ford Finance Manuals and public accounting standards and regulations (US GAAP, Company’s Act, IFRS).
  • Analyzing monthly, quarterly and annual financial data to identify trends, variances, and potential risks, unusual risks and potential errors within the numbers.
  • Producing comprehensive financial reports for senior management and stakeholders.
  • Coordinate with external auditors during the audit process and ensuring all required evidence is produced, providing necessary documentation and explanations.
  • Assuming ownership over management of Ford ledger systems (SAP) and supporting with the launch of new iERP SAP modules in 2025 and 2026.
  • Supporting other finance teams, business and legal team with Accounting guidance on complex accounting transactions requiring Company’s Act and IFRS knowledge.
  • Quarterly corporate reviews – substantiating reasons for balance sheet receivable and payables movements within quarter end deadlines.
  • Supporting with corporate quarterly contingent liability reporting.
  • Managing debtors cashflow allocations and lending arrangement between Ford Credit and FMCSA and ensuring correctly accounted for.
  • Managing on time completion of SOX testing allocated to Accounting team.
  • Periodic review of own processes and raising Internal Control deficiencies where insufficient controls exist and ensuring successful closure, implementation and monitoring.
  • Driving on time OIC implementation and planning.
  • Strong team management and employee coaching skills.
  • Good communication and listening skills.
  • Self-starter and team player.
  • Attention to detail.
  • Be able to work under pressure and to multitask.
  • Providing solutions for ad hoc activities that require Accounting expertise.

FAQs

What are the main responsibilities of the MEA Operations Accounting Manager?

The main responsibilities include overseeing supplier payments, accounts receivables, financial reporting, compliance, managing a team, optimizing accounting systems, and driving process improvements.

What qualifications are required for this position?

Candidates should have a BCOM Honors in Accounting or equivalent, be a Chartered Accountant CA(SA), and have experience with US GAAP, Company’s Act of 2008, and IFRS.

Is prior experience with shared services necessary?

Yes, experience working with India shared services is required.

What kind of experience is preferred regarding annual financial statements?

Prior experience in the preparation of annual financial statements and managing working capital is preferred.

What software systems will the MEA Operations Accounting Manager be working with?

The manager will work with accounting systems such as EuroVAC, GAPS, and Ford ledger systems including SAP.

What are the leadership expectations for this role?

This role requires strong team management, employee coaching skills, and the ability to work under pressure while providing solutions for ad-hoc activities.

Will the role involve working with external auditors?

Yes, the position includes coordinating with external auditors during the audit process and ensuring all required documentation is provided.

What is the importance of compliance in this role?

Compliance is crucial as it involves adherence to Ford Finance Manuals, public accounting standards, and regulations including US GAAP, Company’s Act, and IFRS.

How frequently are financial reports prepared in this role?

The role involves leading the preparation of monthly, quarterly, and annual financial statements.

What skills are essential for success in this position?

Essential skills include strong financial acumen, attention to detail, good communication skills, the ability to multitask, and being a self-starter and team player.

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Ford Motor Company

Automotive
Industry
10,001+
Employees
1903
Founded Year

Mission & Purpose

We don't just make history -- we make the future. Ford put the world on wheels over a century ago, and our teams are re-inventing icons and creating groundbreaking connected and electric vehicles for the next century. We believe in serving our customers, our communities, and the world. If you do, too, come move the world and make the future with us. Ford is a global company with shared ideals and a deep sense of family. From our earliest days as a pioneer of modern transportation, we have sought to make the world a better place – one that benefits lives, communities and the planet. We are here to provide the means for every person to move and pursue their dreams, serving as a bridge between personal freedom and the future of mobility. In that pursuit, our 186,000 employees around the world help to set the pace of innovation every day.