Brief Role Description

This position is Career Level 20P, located in Reston, VA, with a Role Classification of Hybrid.

Role Summary

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.

Role Responsibilities

Financial Forecasting (50%)

• 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.

Strategic Controlling initiatives (30%)

• 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.

Operational responsibilities (20%)

• 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.

Qualifications

Years of Experience:

• Minimum of 7-10 years of experience in Finance, Accounting, Controlling or Treasury

Required Education:

• Bachelor’s degree in accounting, finance or related degree

Desired Education:

• Master’s degree in business administration or finance 

Skills:

• 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, German is an asset

Required Skills:

• 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

Desired Skills:

• Excellent knowledge of financial planning processes and automotive business model
• International work experience
• Understanding of the VW Group standards and interests

Work Flexibility:

• Work globally and willingness to travel intercontinental
• Ensure work is performed during all non-Federal Reserve holidays (even if a VW holiday)