Title:  Financial Controller

Location: 

Austin, TX, US

Department: 
Date:  30 Apr 2024
Description: 

US Financial Controller  US Austin Texas

 

Introduction

With 5 new models beginning production in the next few years; Lotus is poised to become a transformative force in the EV space.  With 75 years of history and infinitive possibilities in front of it, Lotus affectionally calls itself a 75-year-old start up.  This is your opportunity to make a mark on one of the worldwide, premier motorsports brands.  North America is a key market for the Lotus brand, and we are looking for that special person with the qualities to move beyond the numbers to manage the accounts for Lotus USA and work with a special team of dedicated professionals to maximize the potential of the brand.

We are looking for an experienced Financial Controller, preferably from the automotive manufacturing/distribution industry.  We are building a great team at Lotus USA and this is a key role. The successful incumbent will be the lead Finance controller, reporting into the UK based Chief Financial Officer.  Duties will include general ledger accounting, including AP & AR (in a shared service environment), ensuring adherence to revenue recognition rules with overall responsibility for the integrity of the P&L, Budget and Balance Sheet for the US entity.  The role will work closely with the commercial finance business partner who is responsible for working with Sales, Marketing, Aftersales (Parts) and Network Development areas of the business as Lotus continues its journey to expand its market presence and transition to an EV performance car brand. 

Role Objectives 

  • Act as primary lead for accounting and financial control for entity.
  • Work with Head of Internal Controls (UK) to implement and maintain robust SOX compliant control framework.
  • Work with Head of Account (UK) to ensure on time and accurate delivery of month end close and its associated deliverables.
  • Production, review and distribution of US Financial and Management reporting
  • Support implementation of SAP and other associated systems as part of ongoing transformation.
  • Ensure US tax reporting and payment obligations are met.

Key Stakeholders

Build strong working relationships and become trusted business partner with US and Global Sales, Aftersales, Network Development and Lotus Global Accounting Teams.

Knowledge / Skillset 

  • Great communication skills and a thorough understanding of general accounting principles
  • Good level of knowledge in both state and federal taxation
  • Strong presentation skills with ability to convey financial metrics to non-financial managers
  • Personable and able to build strong relationships across business units
  • Advanced excel skills essential with experience in SAP accounting software (ideal).
  • Ability to team with other financial professionals remotely to achieve results

Preferred / Helpful KSAs

  • Working knowledge of SAP, company in progress of migrating ERP system
  • Working knowledge of OneStream@ which is used for G/L reporting
  • Comfortable working within a shared service team environment
  • Service orientated personality with strong desire to team with and support co-workers

 Key Behaviours

  • Ability to support short close cycle through use of reasonable forward planning
  • Reliable, flexible, diplomatic but firm where required.    
  • Inquisitive mindset with a want to be involved in all activities and awareness to work cooperatively

Qualifications

  • Accounting or Finance degree


Nearest Major Market: Austin