Senior Consolidations Manager

 Senior Consolidations Manager

Location: Skokie, IL

About DRiV

DRiV, Tenneco’s Aftermarket business group, is a global leader with top-three market share positions across most of our product categories.
As a premier “House of Brands,” DRiV represents more than 30 of the world’s most trusted aftermarket names, including Monroe®, MOOG®, Wagner®, Walker®, Fel Pro®, Champion®, Ferodo®, Payen®, and others, many with more than 100 years of heritage.
Our scaled and differentiated capabilities allow regional business lines to serve customers with precision while leveraging global manufacturing, engineering, and distribution strength. Approximately 75% of our revenue is positioned as a #1 brand within its product category.
Across shocks & struts, steering & suspension, braking, sealing, engine, emissions, and ignition systems, DRiV delivers quality, performance, and value that customers rely on worldwide.
At DRiV, we win through execution, innovation, and the power of our brands.

Summary

We are seeking a highly skilled and experienced Senior Consolidations Manager to join our dynamic finance team. The Senior Consolidations Manager will be responsible for leading the global financial consolidations process, including multi-entity and intercompany eliminations, consolidated financial reporting, and ensuring the integrity of consolidated financial statements in compliance with U.S. GAAP. This role requires a detail-oriented individual with strong analytical skills, a deep understanding of consolidation accounting principles, and the ability to manage and mentor a team effectively.

Our recruiting team is ready to act immediately. You’ll first hear from someone in Talent Acquisition to schedule a phone screen, and then the next step will be a personal interview with our Hiring Manager. We pride ourselves on moving through the process quickly, and you can be sure of transparency and prompt communication.

RESPONSIBILITIES:

• Lead and manage the global financial consolidations process, including multi-entity consolidations, intercompany eliminations, and preparation of consolidated financial statements in accordance with U.S. GAAP.
• Prepare, review, and present consolidated financial statements and management reports, ensuring accuracy, completeness, and compliance with company policies and applicable regulations.
• Manage the month-end and year-end consolidated close processes, coordinating with subsidiary controllers and regional finance teams to meet deadlines.
• Review and reconcile consolidated balance sheet accounts, including intercompany balances and eliminations, ensuring all discrepancies are identified and resolved promptly.
• Supervise and support the consolidations accounting team, providing guidance, training, and professional development opportunities.
• Serve as the primary point of contact for external auditors on consolidated financial statement matters and manage the related audit processes.
• Develop and implement consolidation accounting policies and procedures to ensure effective internal controls and consistency across all reporting entities.
• Analyze consolidated financial data, variances, and trends; create meaningful reports and presentations for senior management, stakeholders, and regulatory bodies.
• Support consolidated budgeting, forecasting, and planning activities in partnership with FP&A and business unit finance teams.
• Ensure compliance with U.S. GAAP and applicable local statutory reporting requirements across all consolidated entities.
• Lead or support special projects and initiatives, including system implementations, acquisitions, divestitures, and process improvement efforts related to financial consolidations.

EDUCATION:  Bachelor’s degree in accounting, Finance, or a related field required; Master’s degree (MBA or MAcc) preferred. CPA required.

SKILLS & EXPERIENCE:

• Minimum of 7-10 years of progressive accounting experience, with at least 3-5 years focused on financial consolidations in a multinational environment.
• Thorough knowledge of U.S. Generally Accepted Accounting Principles (GAAP), with specific expertise in consolidation accounting, intercompany eliminations, and foreign currency translation.
• Experience with consolidation and ERP systems (e.g., HFM/Hyperion, OneStream, SAP BPC, Oracle FCCS) and financial management platforms.
• Advanced proficiency in Microsoft Excel and Microsoft Office Suite; experience with data visualization and reporting tools a plus.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent organizational skills and attention to detail.
• Ability to manage multiple tasks and prioritize effectively in a fast-paced environment.
• Strong leadership and team management skills.
• Excellent communication and interpersonal skills.
• CPA or CMA certification strongly preferred.

 Compensation:

The base pay for this position generally ranges between $160,000.00 to $180,000.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.