Job Description

Scope of Position:
·        Candidate is responsible for closing monthly accounting, overseeing the General Accounting and Financial Reporting functions and the financial services area including A/R, & A/P
·        He or she is responsible for implementing and maintaining a system of internal controls that will ensure that company assets are adequately safeguarded and that all financial reporting is prepared in compliance with all financial policies.
Duties and Responsibilities
·        Supervise, review & monitor monthly closing accounting period.
·        Supervise, review & monitor cash inflow & out flow reconciliation.
·        Do monthly management report, budget, forecast and Ferrari DCP MIS report.
·        Oversees the general accounting function, which includes closing monthly period, inter-company accounting, cash management/reconciliation, financial reporting, balance sheet management (excluding inventory related items) and royalty management.
·        Accountable for ensuring that policies and procedures (internal controls) are in place to provide reasonable assurance that the company assets are protected.
·        Responsible for proper timing and application of revenue recognition rules. This currently entails a real-time review of each instrument order and its terms for changes needed and determination of proper timing of revenue recognition. Involves significant interaction with Sales and Customer Service groups.
·        Ensures that company financial records, under responsibility, are maintained in compliance with company policies. Responsible for reviewing monthly/quarterly account reconciliations and other documents to ensure this compliance.
·        Ensures that company financial reports are prepared in compliance with policies and Regional reporting requirements.
·        Supervises the completion of related tax reporting requirements (including income, property, sales and use, payroll and other local taxes), insurance reports and other reports required by government regulation. Also, assists with dealing with tax related issues and meeting reporting requirements.
·        Ensures that the computer system continues to operate as required. Involved in validating/designing suggested changes to ensure accounting requirements continue to be met.
 
·        Coordinates work relating to both internal and external audits in the periodic review of the company financial records. Is further responsible for the implementation of agreed upon recommendations, related to areas of responsibility, resulting from the audit findings
·        Ensures that the accounting department is staffed with qualified financial personnel capable of meeting the objectives and responsibilities, noted above. Responsible for continued development of these associates.
·        Manage car price & costing and review car sales commission.
·        Develop and manage financial systems/policies
·        Control and forecast income and expenditure
·        Be a key contact of Ferrari Headquarter and accounting team.

Qualifications

·        10 years++ of accounting experience.
·        Manager experience in public accounting will satisfy experience requirement.
·        Demonstrated ability to form, lead and develop high-performing teams.
·        Ability to work collaboratively across departmental functions
·        Strong knowledge of accounting, internal controls and financial reporting, required.
·        Excellent communication and leadership skills are mandatory
·        Fluent in English is preferred.

Compensation & Benefits

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