Chief Accounting Officer

Overview

Why Valvoline Global Operations?

Valvoline Global is a worldwide leader in automotive and industrial solutions, creating future-ready products and best-in-class services for partners around the globe. Established in 1866, we introduced the world’s first branded motor oil, claiming our position as The Original Motor Oil.

As an affiliate of Aramco, one of the world's largest integrated energy and chemicals companies, we continue to invest strategically and expand globally, driving unparalleled product innovation and sustainable business solutions.

Our corporate values of care, integrity, passion, and excellence shape everything we do. Living out our values is what makes our company, our employees, our partners, our customers, and the communities we serve great.

When you join Valvoline Global, you join a culture that is committed to: treating all people with care, operating with integrity, striving for excellence in everything we do, and showing passion about delivering on our commitments.

Careers for the Driven

Valvoline has a rewarding opportunity as a Chief Accounting Officer. We whole-heartedly adopt a ‘never idle' mindset. We also know that outstanding service begins and ends with our employees. So, we’re looking for good people to join our team. You bring your skills, talents, and drive. We will give you a great place to work, a competitive salary and benefits, and the resources and support to develop and advance within our global company.

*Valvoline Global Operations Headquarters is located in Lexington, KY. This position offers relocation assistance.

How You’ll Make an Impact

The Chief Accounting Officer "CAO" will lead the strategic direction and functional operation of Valvoline Global Operations ("VGO" or the "Company") global Accounting and Financial Reporting functions. This role will be responsible for financial reporting, internal controls over financial reporting, and the design and implementation of accounting policies and procedures globally, all while creating a culture of compliance and financial discipline across the organization. This role will be expected to obtain an understanding of the key business drivers required for the Company to meet its revenue, profitability, and cash flow targets. Working closely with the CFO, this role will help ensure that VGO is optimally positioned to make innovative decisions that optimize and balance resource allocation, growth investments and risk management. The CAO will be the primary liaison and partner within VGO for the external auditors and Aramco’s accounting and controlling groups. The CAO will also be expected to partner with other internal VGO stakeholders within finance (ie, FP&A, Treasury, Tax, IAS, Corporate Development, and Regional / Business Unit Finance) and outside of finance (Human Resources, Supply Chain Management, Information Technology, Legal, Marketing & Brand, among others).

In the role, you would be responsible for:

• Directing and leading VGO finance and accounting teams around the globe in the creation, development, implementation, and oversight of Company-wide accounting policies and controls consistent with IFRS and ICFR requirements
• Planning and directing the monthly, quarterly, and annual external and internal financial close and reporting processes, ensuring that an "effective system" is in place to consolidate financial submissions from regional business units and subsidiaries across the globe within published "close" deadlines
• Managing the regional and corporate/global accounting functions for VGO, ensuring a proactive process is defined while ensuring accuracy, consistency, and timeliness of financial reporting
• Leading the efforts to educate VGO personnel on company accounting policies and procedures appropriately. Communicate applicable changes in accounting rules and regulations to VGO’s executive leadership team and articulate related financial and/or operational impacts. Ensure seamless communication, implementation, and compliance across VGO’s accounting and finance functions of any relevant accounting changes.
• Assisting in the ongoing transformation of VGO’s accounting system (from SAP ECC to SAP S4/Hanna) which will streamline accounting systems and drive related efficiencies throughout the company. Monitoring the effectiveness of information management and internal controls systems while continually seeking to improve standards
• Overseeing the Company’s ICFR compliance process including financial statement risk assessment, identification of key controls, and testing strategy
• Serve as the principal liaison with the Company’s external auditors and internal audit function to ensure smooth annual and quarterly financial statement and ICFR compliance audits

What You’ll Need

• Bachelor's Degree in Accounting, Finance or closely related field

• Minimum fifteen (15) years’ experience in leadership roles with public accounting firm(s) and/or global manufacturing companies

• Certified Public Accountant (CPA) certificate or the equivalent

• Aligned with demonstratable achievement across VGO’s core values - Care, Integrity, Excellence, and Passion

• Successful experience supporting the long-term view of a global company's business and vision through adherence to sound accounting policies

• A demonstrated and sound knowledge of financial activities, policies, and processes, including consolidations, IFRS reporting, and ICFR compliance

• A strong history of focus on disciplined legal entity accounting, including the ability to consistently, correctly, and timely account for intercompany transactions

• Strong business management acumen and the ability to solve complex accounting issues that have operational impacts

• Experience with acquisitions, joint ventures, divestitures, and managing accounting and control processes with partners

• Keen ability to communicate and implement the strategic financial and accounting vision while effectively anticipating, driving, and managing through change

• Successful leadership of a high performing, results-focused accounting and finance team

• Comfort in communication with and presenting to Audit Committees and being the primary liaison with external auditors

• Experience in establishing and maintaining strong relationships and trust with finance functional leaders, non-finance functional leaders, and regional / business unit leaders

• Possess strong mentoring skills to effectively delegate and develop teammates in the accounting and finance department

• Ability to utilize a direct and proactive approach when dealing with difficult issues or uncertainties

• Demonstrated project management skills and the ability to handle multiple priorities under tight deadlines

• Ability to travel globally as required

• Must be authorized to work in the U.S.

What Will Set You Apart

• MBA strongly preferred

Benefits That Drive Themselves

• Health insurance plans (medical, dental, vision)
• HSA and flexible spending accounts
• 401(k)
• Incentive opportunity*
• Life insurance
• Short and long-term disability insurance
• Paid vacation and holidays*
• Employee Assistance Program
• Employee discounts
• Tuition reimbursement*
• Adoption assistance*

*Terms and conditions apply, and benefits may differ depending on position.

Valvoline provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. Are you good at what you do? Join us.

The Company endeavors to make its recruitment process accessible to any and all users. Reasonable accommodations will be provided, upon request, to applicants with disabilities in order to facilitate equal opportunity throughout the recruitment and selection process. Please contact Human Resources at 1-800-Valvoline or email 1-800Valvoline@valvoline.com to make a request for reasonable accommodation during any aspect of the recruitment and selection process. The contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.

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