Consolidation Manager

A2MAC1 is the leading provider of highly mission-critical benchmarking data & insights for the automotive industry. A2MAC1 provides the most comprehensive set of benchmarking and costing solutions (60+ products) which are used by engineers and designers across each step of the automotive value chain to benchmark against competitors, improve their innovation capacity, auto platform design and cost efficiency.

Founded 25 years ago, A2MAC1 has moved from a benchmarking data provider to a provider of mission critical solutions for the automotive players. A2MAC1 is the de-facto industry standard deeply embedded within its customers workflow and is the key enabler of innovation and cost savings for OEM (Original equipment manufacturer) and OES (Original equipment supplier). It has cemented its market position with a global blue-chip customer base along with smaller customers across the automotive value chain.

A2mac1 has benchmarked over 1,500+ vehicles and has a 20x larger vehicle database compared to the closest competitor. The company is uniquely positioned on a multi-billion euros addressable market growing double digits driven by the increased R&D spending within the auto-industry (electrification, autonomous cars, pressure on costs and time to market). A2MAC1 is strongly resilient to the automotive cycle given A2MAC1’s products are critical to address cost and competitive pressures. Demand for its solutions is somewhat counter-cyclical as cost pressures increase in market downturns.

CONSOLIDATION AND GROUP STANDARDS MANAGER

Context

The Group aims to structure and strengthen the Finance team. The Group made the decision to create a new position : Consolidation and Group Standards Manager. The Group ambition is operational excellency through continuing enhancement of its organisation and of its accounting processes and procedures. The objective is A2MAC1 reaching high standard quality likewise listed companies. This first implies the Group adopt the IFRS standard rules of accounting and disclosing of the Financial Information.

You will report to the Group Head of Consolidation and Reporting and work with the Group Director of Accounting, the FP&A team and liaise with each regional finance managers (USA, Mexico, France, Germany, Turkey, India, China, Japan, Korea).

Main tasks and responsabilities

§ Ensure the preparation of the annual, quarterly and monthly consolidated financial statements : statement of Financial position, statement of comprehensive income, Statement of cash flow position and once a year the annual report with notes to Financial statements.

§ Prepare consolidated working capital on a monthly basis after interco eliminations.

§ Manage the integration of all new acquisitions into the scope of consolidation, align with Group standards of accounting, support and help to local team to adopt the new set of rules (training, organisation and follow up).

§ Organize data collection et ensure data compliance with Group standards. Guarantee data consistency and coherence between entities of the scope of consolidation. Ensure the proper mapping between local chart of accounts and Group chart of accounts in case of any differences.

§ Ensure reconciliation between statutory accounts and management accounts, liaising with FP&A.

§ Set-up the new annual report and notes to Consolidated Financial statements in English. Harmonize the local financial annual reports across entities, whilst meeting the local rules.

§ Maintain and develop the consolidation tool.

§ Conversion to IFRS Standards : gap analysis, action plan, schedule, time-table and implementation.

§ Ensure a good relationship with auditors.

§ Set up and maintain the body of Group financial rules. Ensure their communication and implementation.

§ Coordinate and regroup all analysis about balance sheet positions : assets, working capital, cash … : make those analysis easy to read and understand by management with a business – oriented view. Management could easily measure risk areas if any.

§ You will be in first position to collect all datas related to CSRD new requirement (ESG) and to prepare such non-financial report.

Profile and Background

From a business school or University in France or abroad (equivalent Bac + 5), you could benefit from a solid knowledge in terms of Finance/Accounting/Management/Audit. Your past experience is between 5 to 7 years within one of the big four audit firms preferably, or within the consolidation department of a large company. You may also have worked at a consulting firm for the implementation of consolidation tools or for the assistance in preparing consolidated financial statements.

You are proficient with consolidation information systems and with accounting tools. You have a very good practice of xls and the suite-office.

You are fluent in English.

Skills

Passionate.You are naturally very much engaged in finance/accounting areas. You are passionate about your Finance/Accounting/Consolidation/Processes, while being hands-on and close to teams in regions.

Performance-oriented. You are very much motivated by achieve your objectives quickly, while trying to always exceed expectations.

Leadership. You have a sense of leadership, you are autonomous and you work in a well organized manner

Collaboration & Influence. You have strong analytical skills, and you feel comfortable communicating, convincing and influencing. You are self-confident and you have a good professional maturity which allows you to easily work with colleagues whatever the hierarchical level.

Dynamic et Multi-Cultural. You are used to working in very demanding, fast-paced and multicultural environments.