US Financial Controller
With 5 new models beginning production in the next few years; Lotus is poised to become a transformative force in the EV space. With 75 years of history and infinitive possibilities in front of it, Lotus affectionally calls itself a 75-year-old start up. This is your opportunity to make a mark on one of the worldwide, premier motorsports brands. North America is a key market for the Lotus brand, and we are looking for that special person with the qualities to move beyond the numbers to manage the accounts for Lotus USA and work with a special team of dedicated professionals to maximize the potential of the brand.
Summary:
We are looking for an experienced Financial Controller, preferably from the automotive manufacturing/distribution industry. We are building a great team at Lotus USA and this is a key role. The successful incumbent will be the lead Finance Controller, reporting into the UK based Chief Financial Officer. Duties will include general ledger accounting, including AP & AR (in a shared service environment), ensuring adherence to revenue recognition rules with overall responsibility for the integrity of the P&L, Budget and Balance Sheet for the US entity. The role will work closely with the commercial finance business partners who are responsible for working with Sales, Marketing, Aftersales (Parts) and Network Development areas of the business as Lotus continues its journey to expand its market presence and transition to an EV performance car brand.
Based in Austin, Texas within a multi-functional team environment. Some travel (<10%) but with significant flexibility. Role can offer some Hybrid flexibility but will not lend itself to entirely remote functionality (subject to meeting performance objectives).
What you'll do:
- Act as primary lead for accounting and financial control for entity
- Work with Head of Internal Controls (UK) to implement and maintain robust SOX compliant control framework
- Work with Head of Account (UK) to ensure on time and accurate delivery of month end close and its associated deliverables
- Production, review and distribution of US Financial and Management reporting
- Support implementation of SAP and other associated systems as part of ongoing transformation.
- Ensure US tax reporting and payment obligations are met
Key Stakeholders
Build strong working relationships and become trusted business partner with US and Global Sales, Aftersales, Network Development and Lotus Global Accounting Teams.
What you'll bring:
- Great communication skills and a thorough understanding of general accounting principles
- Strong US GAAP reporting knowledge
- Good level of knowledge in both state and federal taxation
- Strong presentation skills with ability to convey financial metrics to non-financial managers
- Personable and able to build strong relationships across business units
- Advanced excel skills essential with experience in SAP accounting software (ideal).
- Ability to team with other financial professionals remotely to achieve results
Preferred / Helpful KSAs
- Working knowledge of SAP, company in progress of migrating ERP system
- Working knowledge of OneStream@ which is used for G/L reporting
- Comfortable working within a shared service team environment
- Service orientated personality with strong desire to team with and support co-workers
- SOX certified or experience of working in a SOX environment
Key Behaviours
- Ability to support short close cycle through use of reasonable forward planning
- Reliable, flexible, diplomatic but firm where required.
- Inquisitive mindset with a want to be involved in all activities and awareness to work cooperatively
Qualifications
- Accounting or Finance degree
- CPA helpful, not required, MBA more desired qualification with concentration in accounting
- 3-5 years of experience, as stated, preferably in automotive distribution with a manufacturer
- Strong people skills, this is a beyond the number’s role. Must be comfortable helping non-financial team members to support their projects
- Sense of purpose mindset, with the discipline to be patient when required and pushy when necessary
What we offer:
- Exceptional benefits with 4 weeks vacation (increasing to 5 over tenure)
- 5 sick days
- Multiple health insurance options, dental, life, STD and LTD insurance options
- 125 plan access
- 401K with generous 5% match (on employee salary)
- Bonus pay subject to performance objectives
- Relaxed environment with genuine opportunity to make a difference day to day
- As a premiere brand in this space, teammates are highly motivated and focused on supporting team success
Our Company:
Group Lotus is a leading sports car manufacturer with a 75-year long history of iconic designs, groundbreaking engineering and legendary victories on the F1 track. Today we are transforming into a truly global performance car brand focused on the electrical future. In 2022 we launched the Eletre, the world’s first all-electric hyper-SUV, and in 2023 our fully-electric Hyper-GT, Emeya.
As part of the Lotus team, you push boundaries. Those of the car industry and of your own. Every member of the Lotus family has some of the pioneering mindset of founder Colin Chapman in them.
We're not just a car company; we're a diverse mix of talent from all walks of life. At Group Lotus, we firmly believe that diversity and inclusion are not just buzzwords but essential pillars of a thriving and successful organisation. Read more here: Equity, Diversity & Inclusion in Lotus Cars.
Do you want to know what Sophisticated, Rebellious and Pioneering mean for Lotus Cars Limited? Come and take a look at our career site and join the incredible adventure: https://lotusukmanufacturing.teamtailor.com/
- Department
- Finance
- Locations
- Texas USA
- Remote status
- Hybrid Remote
About Lotus UK Manufacturing
For more than six decades, Hethel, Norfolk, has stood as the headquarters of Lotus, tracing back to the visionary inception of our founder, Colin Chapman, crafting championship-winning racing cars.
Complementing our legacy, production facilities in Norwich and Warwick collectively form an integral part of our UK footprint, providing a diverse array of opportunities
Hethel hosts our race track, engineering functions, and the newly established Chapman Production Centre. This centre of excellence is renowned for its world-class standards and is presently engaged in crafting the Emira, Lotus's ultimate petrol-powered masterpiece.
The Chapman Production Centre stands as one of the world's most advanced low-volume automotive manufacturing facilities, with a capacity to produce approximately 5,000 cars annually.
Featuring a cutting-edge paint shop equipped with automated processes, and robots - including primer, colour, and clear coat application, it ensures an unparalleled finish, efficient throughput, and flawless consistency for our vehicles.
As part of the Lotus team, you push boundaries. Those of the car industry and of your own. Every member of the Lotus family has some of the pioneering mindset of founder Colin Chapman in them.
US Financial Controller
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