Accounting Analyst

We made history and now we work to transform the future - for our customers, our communities and our families. You'll see your work on the road every day, helping people move freely and pursue their dreams. At Ford, you can build more than vehicles. Come build what matters.

Finance strategically partners with operations to drive outstanding business results and enhance Ford's industry leadership. When you join us, you'll be able to contribute financial expertise that impacts all areas of our company, including planning, manufacturing, marketing and global distribution.

In this position...

This critical analyst role within Ford Motor Credit's Finance team is responsible for the accounting and financial reporting for our insurance operations, including our wholly owned P&C insurance company. You will work with a team of accounting professionals, collaborate closely with various internal and external stakeholders, and ensure timely and accurate U.S. GAAP and statutory accounting and reporting. This position oversees the accounting for our proprietary insurance products, including Ford Pro commercial insurance.

Accounting Analyst

What you'll do...

• Operational Accounting: Review monthly Ford Pro insurance reporting packages received from managing general agents and strategic partners. Identify variances, communicate findings, and prepare corresponding journal entries
• Financial Reporting: Manage key aspects of the monthly, quarterly, and annual accounting close processes, including the preparation of journal entries and account reconciliations.
• Statutory Compliance: Prepare quarterly and annual statutory journal entries and schedules required for Insurance Statutory Statements filed in the U.S. and Canada
• Strategic Collaboration: Partner with the Actuarial team on reserve analysis, the Reinsurance team on cession payments, and Corporate Strategy on investment activity to ensure accurate financial representation
• Tax & Treasury: Coordinate with the Tax department (U.S. and Canada) on insurance business unit tax entries and execute necessary wire transfers between partners and Ford
• Digital Transformation: Support the implementation and testing of new systems or upgrades to current systems. Proactively identify opportunities to streamline accounting workflows and enhance data accuracy
• Audit Support: Serve as a key point of contact for internal and external auditors, ensuring timely resolution of requests

What you'll do...

• Operational Accounting: Review monthly Ford Pro insurance reporting packages received from managing general agents and strategic partners. Identify variances, communicate findings, and prepare corresponding journal entries
• Financial Reporting: Manage key aspects of the monthly, quarterly, and annual accounting close processes, including the preparation of journal entries and account reconciliations.
• Statutory Compliance: Prepare quarterly and annual statutory journal entries and schedules required for Insurance Statutory Statements filed in the U.S. and Canada
• Strategic Collaboration: Partner with the Actuarial team on reserve analysis, the Reinsurance team on cession payments, and Corporate Strategy on investment activity to ensure accurate financial representation
• Tax & Treasury: Coordinate with the Tax department (U.S. and Canada) on insurance business unit tax entries and execute necessary wire transfers between partners and Ford
• Digital Transformation: Support the implementation and testing of new systems or upgrades to current systems. Proactively identify opportunities to streamline accounting workflows and enhance data accuracy
• Audit Support: Serve as a key point of contact for internal and external auditors, ensuring timely resolution of requests