Job Summary

The Warranty Manager, Financial Planning & Analysis serves as a key support role in the North America organization and will report to the Director of Finance, Aftersales. The individual in this role provides support to North America Sr. Management, Corporate Financial Planning, Brand Management, and Product Reliability.

 

Support and analysis covers Warranty and Goodwill for both Wholegoods and Parts. Annual spend is $100M+ with appropriate reserves that cover Contractual, Product Support Programs, and Goodwill. The value and nature of these reserves are material which drives significant audit scrutiny. Thorough maintenance and analysis is critical to the finance function and requires proper due diligence.

 

Job Function and Responsibilities

• Manage the budget and forecast process for the North America Region
  • Develop budget and forecasts for Wholegoods and Parts Warranty reserve and claims
  • Maintain high quality communication with Warranty processing team, and Brand management teams.
  • Update forecasts with latest information and identify and communicate risks and opportunities
• Provide financial analysis and support
  • Provide analysis of monthly results and major forecasts against comparatives (forecast, budget, prior year)
  • Prepare presentation for monthly review meetings
  • Monitor regional performance and progress toward established financial goals
• Provide support to Brand teams, Product Reliability, and Parts
  • Have a full and thorough understanding of the warranty claims process to effectively prepare and understand warranty reserve reviews and to ensure that the financial submissions are accurate.
  • Sufficient working knowledge of the wholegoods machines to fully understand the reserves required for contractual warranty purposes. Additionally, it is required to be able to assess the reserve requirements and expected timing of claims for Product Support Programs (PSPs).
  • Support Parts and Aftersales Finance with claims forecasting and analysis including Part/DPM margins, turnaround time of contractual claims, and timing of PSP related claims. Develop forecasting model based on Wholegood inputs of Contractual and PSP forecasts.
• Audit preparation
  • Detailed support of all reserves is required with adequate knowledge of the business in order to communicate processes for audit and SOX compliance.

 

ESSENTIAL SKILLS

Minimum Qualifications

• Bachelor’s Degree in Accounting or Finance
• 5-7 years related accounting or finance experience
• High level of expertise with MS Excel and PowerPoint
• Able to work under minimal supervision
• Strong, demonstrated problem-solving skills and an extensive amount of independent thinking are required
• Knowledge of the AGCO Warranty process or equivalent and relevant external experience.
• Ability to work with all levels of management; output that is reliable and polished is absolutely necessary