Financial Planning Specialist - Us

Role Summary

The primary focus of Financial Planning Specialist is developing, analyzing and reporting the financial business results for VW Credit (VCI) and subsidiaries. The financial specialist is responsible for providing detailed management reporting, forecasting and financial analysis to VCI senior management and VW Financial Services (VW FSAG) for the purpose of evaluating business performance and financial results. Advanced knowledge of financial concepts, accounting standards, financial modeling and collaborative communication with various business units are critical to understand/explain variances and develop financial solutions.

Role Responsibilities

• Undertake special assignments including resolution of problems and assisting in the development of new processes and support systems.
• Review monthly financial statements and explain variances between actual and projected results.
• Responsible for VCI’s forecasting and reporting, including the development of models, tools, and analytics to enable advanced controlling techniques, the steering of business results, and reporting to VCI senior management and VW FSAG.
• Develop planning assumptions and timing requirements in coordination with various key business units (e.g. ensure data elements are provided on a timely basis between departments).
• Provide detailed financial analysis of business results including recommendations regarding the accomplishment of objectives.
• Assist in the preparation of management meetings as needed, including Board of Director meetings.
• Development, coordination and presentation of all controlling related financial reporting: monthly forecasts, annual budgets, Business Financial Reviews, 5-year planning rounds, and ad-hoc requests.
• Maintain and improve on the main financial model used for all financial planning and reporting.
• Take initiative in process mapping and improvements in regards to time and resource management.
• Explain company profitability including key performance indicators, ratio analysis, ROA analysis and profitability indicators.
• Develop profitability analysis of wholesale, ancillary, service loaner, retail and lease business segments and products.

Hybrid

Primary Location

United States-Virginia-Herndon

Required Experience

• Automotive Brand and/or Financial Services experience preferred.
• 3 to 5 years of professional financial and accounting experience

Education

Required –

• Bachelor's degree in finance and/or Accounting

Desired –

• Master of Business Administration (emphasis on Finance and/or Accounting)
• Certified Public Accountant

General Skills

• Curious and takes initiative to learn and problem-solve
• Communication/Presentation skills – succinctly and effectively communicate complex data and concepts to high-level audiences including the CEO/CFO
• Strong focus on optimizing processes and continuous improvements
• Analytical and conceptual thinking – using logic and reason, creative and strategic
• Demonstrates commitment and ownership of work
• Detail oriented with strong quantitative aptitude

Specialized Skills

Required –

• Financial budget planning
• Advanced Excel skills including macros or VBA, Microsoft Office
• Financial modeling skills

Desired –

• Prior finance, accounting, and/or automotive business experience

Work Flexibility

• Minimal travel required

Volkswagen Group of America is an Equal Opportunity Employer. We welcome and encourage applicants from all backgrounds, and do not discriminate based on race, sex, age, disability, sexual orientation, national origin, religion, color, gender identity/expression, marital status, veteran status, or any other characteristics protected by applicable laws. We maintain a drug-free workplace and perform pre-employment substance abuse testing.