Consolidation Manager

Valeo is a tech global company, designing breakthrough solutions to reinvent the mobility. We are an automotive supplier partner to automakers and new mobility actors worldwide. Our vision? Invent a greener and more secured mobility, thanks to solutions focusing on intuitive driving and reducing CO2 emissions. We are leader on our businesses, and recognized as one of the largest global innovative companies.

Join Valeo teams’ commitment to reinvent mobility !

Valeo is an automotive supplier and partner to automakers worldwide. As a tech company, the Group designs innovative solutions that will be the foundation of tomorrow’s vehicle – a vehicle that is intuitive and connected, autonomous, energy efficient, accessible to all and respectful of the environment.

Valeo’s Site located in Paris, 17th arrondissement (320 employees) is the Group’s Headquarters. It houses the general management of the Group's transversal functions.

We are looking for a Consolidation Manager

Your responsibilities:

Legal Entities Portfolio

• Coordinate the reporting of actual data on a monthly basis 

• Monitor the intercompany reconciliation process and the arbitration process

• Prepare internal restructuring requirements for consolidation purpose

• Review the tax reporting package and coordinate the production of tax planning

• Follow up of the entities performances and implementation of actions plans to improve the quality of financial data

• Follow up changes in the legal and operational scopes

• Manage the communication with the entities : pre-closing meetings, highlight key items in Group Instructions.

• Facilitate trainings depending on local needs (new internal or external standards, quality issues, newcomers)

• Primary contact person at Group Accounting Department: hotline, answer to questions raised…

• Review equity reconciliation, balance sheet review …

• Monitor the process of issuance of statutory accounts

• Ensure that all items raised by external auditors are cleared

• Prepare some synthesis on the followed-up scope of entities

Transversal Tasks

• Prepare syntheses on some captions of the consolidated financial statements (cash flow statement, other income and expenses, equity, fixed assets, equity method review, taxes, change in scope...)

• Prepare training material

• Follow up changes in the reporting tools and update the internal procedures, user guides and the internal web pages

• Follow up realized or contemplated Mergers & Acquisitions and simulation of consolidation impacts (M&A, changes in standards)

• Ensure the follow-up of Purchase Price Allocation processes    

• Follow up tasks with other departments to improve the quality of internal processes.

Division

• Validate the elimination of internal margin in inventories

• Support the division with reporting issues and consolidation adjustments

• Perform consistency checks and validations on reported financial data

• Contribute to Group Ethics & Compliance program by applying and respecting code of Ethics and Valeo’s policies.

About you:

• Education: Master's degree in Finance, Accounting or Audit (Business School, DSCG, Master CCA or equivalent)

• Experience: 3 to 5 years' minimum experience in audit, consolidation or financial controlling

• Technical Skills: knowledge of IFRS standards and consolidation techniques, Excel skills, fluent in professional English, both written and spoken

• Personal attributes: rigorous, reliable, with strong analytical and synthesis skills, curious with a strong team spirit and communication skills

Employee Benefits: 

• Employee shareholding plan, Action Logement Services (financial support for housing)

• Social and Economic Committee (CSE) : holidays, social and cultural activities

• Ability to work from home (up to 2 days per week)

• Company restaurant

Why Valeo?

• To join a top tech company shaping tomorrow’s automotive industry

• To explore national and international career mobility opportunities 

• To support the development of greener, safer and smarter mobility

Valeo sees the diversity of its employees as a key asset across all of its businesses, in all of its forms – including gender diversity, disability diversity, cultural diversity and intergenerational diversity.

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Join Us !
Being part of our team, you will join:
- one of the largest global innovative companies, with more than 20,000 engineers working in Research & Development
- a multi-cultural environment that values diversity and international collaboration
- more than 100,000 colleagues in 31 countries... which make a lot of opportunity for career growth
- a business highly committed to limiting the environmental impact if its activities and ranked by Corporate Knights as the number one company in the automotive sector in terms of sustainable development

More information on Valeo: https://www.valeo.com