Deputy Manager - Reconciliation at Ford Motor Company

Chennai, tamil nadu, India -

Full Time

Start Date

Immediate

Expiry Date

15 Sep, 26

Salary

0.0

Posted On

17 Jun, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Reconciliation, Team Leadership, Stakeholder Management, Risk Mitigation, Internal Control Governance, Audit Readiness, Process Optimization, BlackLine, Compliance Management, Financial Reporting, Subledger Adjustments, Change Management

Industry

Motor Vehicle Manufacturing

Description

1. Operational Oversight & Financial Integrity (Daily/Weekly) * Reconciliation Governance: Oversee daily, weekly and Pull ahead accounts reconciliation workflows. To provide final approval for subledger adjustments in accordance with the Finance Manual (FM). * Stakeholder Management: Act as the primary escalation point for complex queries, providing expert guidance to internal teams and external partners. * Team Leadership: Manage a department of 19 (4 Team Leaders, 15 staff), providing coaching, performance management, and resource allocation to ensure operational excellence. 2. Month-End Close & Compliance (Monthly) * Aging & Risk Mitigation: Enforce strict adherence to aging policies, ensuring no unreconciled items exceed the 90-day threshold. Validate all required logs for consistency, accuracy, and audit readiness. * Process Quality Assurance: Conduct deep-dive reviews of monthly processes, specifically focusing on timing items, required adjustments to ensure alignment with the Finance Manual. * BlackLine Management: Ensure all reconciliations are finalized within agreed BlackLine timelines. Proactively identify and communicate ledger differences or process deviations to senior management. * Change & Incident Management: * Communicate process modifications to the Change Management Champion within 48 hours to ensure seamless implementation. * Identify and report "Things Gone Wrong" (TGW) or process gaps within two business days. * Review SharePoint Issues and Incidents to determine the necessity of "Operation Identified Comments" (OIC). * Performance Reporting: Deliver comprehensive monthly quantitative and qualitative metrics to management, detailing final completion status and departmental performance. 3. Strategic Compliance & Innovation (Quarterly/Annually) * Internal Control Governance: Coordinate and submit Quarterly Compliance and Risk (CaR) updates to Ford Credit Europe and Global Internal Control. * Audit Readiness: Target "Nil" major comments from the General Auditor’s Office (GAO) by maintaining a robust control environment. Lead the team in providing high-quality audit inputs within a 3-day turnaround. * Continuous Improvement: Drive a culture of curiosity and innovation by leading the "Culture Truths" initiative, ensuring each team member contributes at least two process improvement ideas annually. * Document Retention: Collaborate with Operations to ensure the on-time completion of the Annual File Review and adherence to Document Retention Management policies. * System Optimization: Perform periodic reviews of reconciliation purposes and procedures within BlackLine to ensure they remain fit-for-purpose. 4. Risk Remediation (As Needed) * GRC Management: Ensure "Operation Identified Comments" (OIC) are promptly created within the Governance, Risk, and Compliance (GRC) system and remediated through appropriate controls within a five-month window. * Subledger Integrity: Validate that all subledger items are processed with respective controls and receive necessary approvals as per the Finance Manual. 5. Process Optimization * Drive the evolution of the reconciliation process beyond basic oversight toward a proactive, risk-based methodology. * Identify opportunities for automation and standardization across the six EU locations to enhance efficiency and accuracy.

Responsibilities

Oversee daily and monthly account reconciliation workflows and provide strategic leadership for a team of 19 across six European locations. Ensure financial integrity through strict adherence to aging policies, internal control frameworks, and audit readiness.