Manager of Accounting & Financial Reporting

Compensation Data

Company Overview

With $5 billion in revenue and 3,500+ employees in the U.S. and Mexico, TBC Corporation is a leader in the mobility industry and one of North America’s largest marketers of automotive replacement tires through wholesale and franchise operations. TBC serves wholesale customers in the United States, Canada and Mexico through TBC Brands, NTW, TBC International, and TBC de Mexico. Additionally, TBC responds to the needs of consumers in search of total car care at more than 465 franchised tire and automotive service centers under Big O Tires®. TBC is headquartered in Palm Beach Gardens, Florida.

TBC markets on a wholesale basis to regional tire chains and distributors serving independent tire dealers throughout the US, Canada, and Mexico. TBC has 20 proprietary brands of tires specializing in passenger, commercial, farm and specialty tires. In 2005, TBC Corp. was purchased by Sumitomo Corporation of America (SCOA). SCOA is the largest subsidiary of Sumitomo Corporation, one of Japan’s major integrated trading and investment business enterprises. In 2018 Michelin, the largest tire manufacturer in Europe, invested in the company which is now a 50:50, privately held joint venture between Sumitomo and Michelin.

Our values are the foundation of our work, how we interact with each other, and the strategies we employ to fulfill our purpose. These are the practices we use every day – in everything we do:

• Integrity - We act honestly because nothing is more important than our reputation.

• Teamwork - We are better together.
• People-Focused - We put people first – our Associates, customers, franchisees, and partners – and cultivate a respectful, collaborative, and inclusive culture, top to bottom, inside and out.
• Accountability - We own our actions and decisions; we do what we say we are going to do.
• Leave Everything Better - We innovate to improve everything we touch, and we take actions now to protect the future.      

Description

We are seeking a Manager of Accounting and Financial Reporting to lead the preparation and consolidation of financial statements, ensure compliance with IFRS and US GAAP, and manage complex accounting areas such as lease accounting, foreign currency transactions, and hedging. This role is critical in delivering timely, accurate, and insightful financial reporting to support strategic decision-making.  The ideal candidate is a strong leader with deep technical accounting expertise, a passion for process improvement, and a proactive mindset for driving value across the organization.

Job Responsibilities

Financial Close & Reporting

• Ensure timely and accurate preparation of financial statements in accordance with US GAAP & IFRS.
• Serve as primary liaison between TBC Accounting and parent company stakeholders, ensuring timely delivery of monthly reporting packages and proactively addressing inquires and follow up requests.
• Own the general ledger and recording of all business transactions, leading the team in detailed analysis and reconciliation of accounts, while ensuring compliance with relevant accounting standards and internal policies.
• Own technical accounting research and preparation of accounting positon papers, including presenting conclusions to executive leadership and coordinating reviews with external auditors.

Audit & Compliance

• Own the relationship with external auditors and manage all audit deliverables.
• Ensure compliance with internal controls and support readiness and testing.
• Maintain and enhance accounting policies and procedures.

Additional Job Responsibilities

Cross-Functional Collaboration

• Partner with Sales, Supply Chain, Real Estate, HR, Legal, Tax, Risk, and other departments to understand corporate initiatives.
• Proactively design and implement back-office processes that support operational efficiency and scalability.

Outsourced Provider Oversight

• Manage the relationship with the outsourced accounting provider, ensuring service quality and alignment with internal standards.

Lease Accounting (ASC 842)

• Oversee the lease accounting team and ensure compliance with ASC 842.
• Maintain accurate lease records and reporting in coordination with Real Estate and Finance teams.

Continued Responsibilities

Foreign Exchange & Hedging

• Manage foreign currency exposure and oversee the execution of hedging strategies.
• Collaborate with Treasury and Finance teams to monitor FX risk and ensure proper accounting treatment of hedging activities.
• Ensure compliance with relevant accounting standards and related disclosures.

Value Creation & Process Optimization

• Provide actionable financial insights to support strategic decision-making and drive business performance.
• Enhance operational effectiveness, accuracy and scalability of processes for the accounting department by identifying and implementing process improvements.
• Optimize existing tools and systems and lead the implementation of new capabilities where needed.

Added Responsibilities

ERP Implementation Support

• Play a key role in the successful implementation of a new ERP system.
• Ensure accounting requirements are met and integrated into system design.
• Collaborate with IT and cross-functional teams to support testing, training, and change management.

Strategic Projects

• Engage in ad hoc projects as needed to support the organization’s growth, transformation, and strategic objectives.
• Other duties as assigned 

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field (CPA preferred).
• 5+ years of progressive accounting experience, including leadership roles.
• Strong knowledge of US GAAP, IFRS, internal controls, and financial reporting.
• Experience managing external audits and working with outsourced providers.
• Familiarity with ASC 842 and IFRS 16 lease accounting standards.
• Proven track record of driving process improvements and implementing new tools or systems.
• Experience with foreign exchange transactions including managing multiple functional currencies and hedging.
• Excellent interpersonal and communication skills.
• Proven ability to lead and develop high-performing teams.
• Experience with ERP systems (e.g., SAP) is a plus.
• Bilingual language skills in Spanish / English are a plus 

Benefits

• Market competitive compensation
• 401(k) and Roth with company match. Immediate 100% vesting
• Comprehensive benefits including medical, dental and vision
• Company paid short term disability and employer subsidized long term disability
• Company paid life insurance
• Discounted tire purchasing
• Tuition reimbursement
• Employee assistance program
• Generous paid vacation and paid time off
• Customizable voluntary benefits
• and More!!!

Mission Critical Competencies

TBC seeks team members who excel in demonstrating our critical competencies to drive organizational capability. In this spirit we view the following as mission critical for this role:

• Strategic Mindset: seeing ahead to future possibilities and translating them into breakthrough strategies.
• Action Oriented: Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
• Cultivates Innovation: Creating new and better ways for the organization to be successful.
• Collaborates: Building partnerships and working collaboratively with others to meet shared objectives
• Customer Focus: Building strong customer relationships and delivering customer-centric solutions.
• Develops Talent: Developing people to meet both their career goals and the organization's goals.
• Ensures Accountability: Holding self and others accountable to meet commitments.
• Drives Engagement: Creating a climate where people are motivated to do their best to help the organization achieve its objectives.
• Communicates Effectively: Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
• Instills Trust: Gaining the confidence and trust of others through honesty, integrity, and authenticity.
• Change Management: effective Sponsorship, Change Agent and influencing skills. Adaptive, agile, flexible, open minded. Proven ability to build cross-functional commitment, lead, simplify and scale complex dynamic organizations through transformational change.