Financial Planning Specialist - US

Volkswagen Financial Services, a wholly-owned subsidiary of Volkswagen Group, is the trusted key to mobility for its brand partners. We are committed to supporting the Audi, Ducati, and Volkswagen brands and their Dealers, specializing in providing accessible mobility solutions for its Customers. The company’s offerings include Retail Leasing, Retail Financing, Commercial Financing for new and used vehicles, and End-of-Term vehicle disposition.

About the Role

This position is a Career Level 19P based in Reston, VA with a hybrid role classification. The Financial Planning & Reporting Specialist will build and maintain financial models that report actuals and forecast the P&L, Balance Sheet, and Cash Flow statement for the VWFSPS insurance company. They will be solely responsible for building month, yearly, and 5-year financial performance projections and reporting figures to internal management and global headquarters through proprietary reporting software.

Responsibilities

• Work closely with the Sr. Director of Controlling, VWFSPS Insurance Team, Treasurer, SVP Finance, CFO, and accounting/controlling functions to forecast VWFS Protection Services P&L, Balance Sheet, and Cash Flow Statement.
• Build and maintain a multi-year financial planning tool for all VWFS entities (P&L, balance sheet, cash flow) under IFRS standards, including different aspects of the business model (dealer reinsurance, direct underwriting, reinsurance/fronting arrangements).
• Responsible for financial modeling and data analysis to identify monthly trends (and develop mitigation plans as necessary), ensure objectives accomplishment, and share strategic business insights.
• Prepare the monthly, annual, and 5-year plan for VWFS Protection Services business and the VCI ancillary business.
• Complete and analyze specialized reporting documents required from HQ and VWFSPS Management.
• Run periodic product profitability and production analysis.
• Develop senior management presentations.
• Complete ad hoc analyses and reporting as required.

Requirements

• 5-10 years of finance and accounting experience focusing on financial analysis, financial modeling, and insurance products.
• Automotive F&I experience preferred.
• Bachelor’s degree in Finance or Accounting.
• Master’s Degree in Finance or Accounting (desired).

Skills

• General Skills:
  • Strong leadership qualities and excellent interpersonal skills (both written and oral).
  • Analytical and conceptual thinker who continuously seeks to improve.
  • Communication/Presentation skills – succinctly and effectively communicate complex data and concepts to high-level audiences including the CEO/CFO.
  • Capability to work against tight deadlines while maintaining quality accuracy.
  • Ability to develop effective partnerships with all partners and stakeholders.
  • Ability to coach peers pertaining to insurance and consumer financial products.
• Required Specialized Skills:
  • 3-5 years of experience with insurance products, dealer reinsurance programs, and dealer services.
  • Ability to build and maintain a financial model that forecasts the P&L, Balance Sheet, and Cash Flow statement of a financial services insurance company.
  • Experience with business reporting software to align with corporate goals and objectives.
  • Expert skills in Excel and PowerPoint.
• Desired Specialized Skills:
  • Experience within an automotive financial services company.
  • Advanced knowledge of the US insurance business and/or F&I products.
  • Understanding of multi-entity environment within the extended warranty sector (OEM/Obligor/Captive Insurance structures).
  • Expert skills in Tableau, Business Objects, and experience with VW Group financial reporting tools (CMIS, Vokus).

Schedule

Hybrid role based in Reston, VA with 0% travel.