Tenneco is one of the world's leading designer, manufacturers and marketers of automotive products for original equipment and aftermarket customers, with approximately 78.000 team members working at more than 300 sites worldwide. Through our four business groups, Motorparts, Ride Performance, Clean Air and Powertrain, Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket.
The Senior Manager, Corporate FP&A will play a pivotal role in driving Tenneco's financial strategy, with a primary focus on direct cash flow consolidation, liquidity forecasting, capital allocation optimization, and balance sheet management. This role will work closely with Senior Director and cross-functional teams to provide insights and recommendations that enhance cash efficiency, strengthen liquidity, and improve overall financial performance.
Key Responsibilities
Direct Cash Flow Consolidation and Liquidity Forecasting :
- Lead the direct cash flow consolidation process, ensuring timely and accurate reporting across all business units and geographies.
- Develop and manage liquidity forecasts, identifying potential risks or gaps and recommending mitigation strategies.
- Collaborate with Treasury and business unit leaders to ensure optimal cash positioning and efficient deployment of resources.
- Enhance visibility into cash flow drivers and implement improvements in forecasting accuracy and granularity.
Cash Flow Management :
Drive continuous improvement in working capital management by partnering with operations, supply chain, and accounting teams.Analyze variances in free cash flow performance and provide actionable insights to senior leadership.Establish metrics and KPIs to track and enhance cash flow performance at all levels of the organization.Capital Allocation Optimization :
Evaluate and prioritize capital investments to maximize returns and align with strategic initiatives.Support executive decision-making with data-driven recommendations on resource allocation, including capital expenditures, M&A, and divestitures.Develop advanced financial models and analyses to assess ROI and other performance metrics for critical projects.Balance Sheet Strategy :
Lead initiatives to optimize the company's capital structure, including debt and equity strategies.Partner with Treasury to align balance sheet management with liquidity and operational needs.Drive strategies to enhance return on invested capital (ROIC) and overall shareholder value.Leadership & Strategic Partnership :
Act as a trusted advisor to the executive team, providing insights and actionable recommendations on corporate finance strategies.Collaborate with Accounting, Treasury, and business units to align on financial goals and compliance requirements.Drive a culture of excellence in FP&A processes, leveraging technology for automation and efficiency.Required Qualifications
Education :Bachelor's degree in Finance, Accounting, Economics, or a related field; MBA preferred.Experience :7 years of progressive experience in FP&A, Corporate Finance, or related roles.Expertise in direct cash flow management, consolidation, and liquidity forecasting.Strong background in capital allocation optimization and balance sheet management.Experience in automotive or manufacturing industries is highly desirable.Proven leadership experience, with a demonstrated ability to develop and lead high-performing teams.Technical Skills :Advanced proficiency in financial modeling and FP&A systems such as OneStream (preferred) or similar tools.Strong analytical and problem-solving skills, with the ability to work effectively in complex environments.Soft Skills :Exceptional communication and presentation abilities, with experience influencing senior leadership.Ability to manage multiple priorities and deadlines in a fast-paced, dynamic environment.We are committed to the safety and health of our employees. We adhere to social distancing recommendations and other protocols, ensuring a safe work environment for all.
