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Controller
full-timeSalt Lake City

Summary

Location

Salt Lake City

Type

full-time

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About this role

Ford Motor Credit Company ("Ford Credit”), has received regulatory conditional approval to form Ford Credit Bank (the "Bank") to be headquartered in Salt Lake City, Utah. The Bank will create innovative and simplified banking solutions to help customers across the country finance the purchase of new Ford vehicles, parts, accessories, and software and earn competitive rates on FDIC-insured savings accounts and certificates of deposit. The Bank will be a direct and wholly owned subsidiary of Ford Motor Credit Company (“Ford Credit”), an indirect wholly owned subsidiary of Ford Motor Company (“Ford”).  

In this position…

If you have demonstrated accounting and finance experience, exceptional analytical skills, and a passion for making a real difference, consider taking on a role within our team. When you join us, you will help us drive outstanding business results and enhance Ford’s industry leadership as you contribute your expertise to the organization.  
 
The Controller will provide leadership and management for the accounting department, ensuring compliance with regulatory agencies and internal controls. This person is responsible for overseeing financial reporting, managing complex accounting functions, and developing strategies to improve efficiency and reduce costs. The Controller will work closely with external auditors, regulators and multiple organizations throughout Ford Credit supporting the Bank. 

What you'll do…

  • Key role managing the bank's financial reporting.  
  • Oversee the preparation and review of financial statements and board reports, ensuring compliance with GAAP.  
  • Maintain and update all FDICIA and SOX-related controls, tests, and documentation.  
  • Maintain GL chart of accounts for the bank. 
  • Review daily/weekly/monthly general ledger reconciliations and manual general ledger entries.   
  • Manage month-end and year-end financial close activities. 
  • Engage with external auditors and regulatory agencies (e.g., FDIC, UDFI).  
  • Prepare regulatory reports (e.g., Call Report, Summary of Deposits), annual audited financial statement reports, tax documentation, and work papers.  
  • Manage the Accounting team, ensuring optimal efficiency and service.  
  • Maintain accounting policies, processes, and procedures, including appropriate internal controls over financial reporting.  
  • Manage all aspects of identifying and reporting Regulation W 23A and 23B transactions.   
  • Work with Treasury to ensure 23A exposures are properly collateralized and that 23B requirements are met. 
  • Assist with the Current Expected Credit Loss (CECL) model, including credit risk analysis and methodology and ensure CECL entries are recorded correctly. 
  • Assist the CFO in analyzing and recommending efficiencies and cost improvements.  
  • Identify and pledge appropriate collateral using segregated accounts for Federal Reserve and FHLB borrowings. 
  • Review and advise on all third-party vendor relationships including affiliate service agreements (SLAs), invoices, and transaction activity. 
  • Calculate and report capital ratios and legal lending limits. 
  • Assist with annual business plan preparation. 

You'll have…

  • Bachelor’s degree in accounting (master’s degree preferred). 
  • Certified Public Accountant (CPA) designation. 
  • Minimum 7 years of experience in a senior-level accounting position in the banking industry (audit experience in banking at a public accounting firm may be included). 
  • Minimum 7 years with regulatory safety and soundness examinations or similar experience. 
  • Strong understanding of bank regulatory reporting. 
  • Strong analytical, quantitative, problem-solving, and strategic-thinking skills. 
  • Ability to handle multiple projects simultaneously and meet deadlines. 
  • Broad knowledge of accounting principles and practices in banking. 
  • Excellent communication and interpersonal skills (written and verbal). 
  • Excellent computer skills. 

As part of the Ford Credit Bank family, you’ll enjoy excellent compensation and a comprehensive benefits package that includes generous PTO, retirement, savings and stock investment plans, incentive compensation and much more. You’ll also experience exciting opportunities for professional and personal growth and recognition. 
 
If you have what it takes to help us redefine the future of mobility, we’d love to have you join us! 
Candidates for positions with Ford Credit Bank must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire. Visa sponsorship is not available for this position. 
 
We are an Equal Opportunity Employer committed to a culturally diverse workforce. All qualified applicants will receive consideration for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability status or protected veteran status. 

This position is an LL4
For more information on salary and benefits, https://fordcareers.co/LL4Benefits

Visa sponsorship is not available for this position.

Candidates for positions with Ford Motor Company must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire.

Other facts

Tech stack
Accounting,Financial Reporting,Regulatory Compliance,Analytical Skills,Problem-Solving,Strategic Thinking,Communication Skills,Interpersonal Skills,GAAP,SOX,Treasury Management,Credit Risk Analysis,Vendor Management,Cost Improvement,General Ledger Management,Team Management

About Ford

We don't just make history -- we make the future. Ford put the world on wheels over a century ago, and our teams are re-inventing icons and creating groundbreaking connected and electric vehicles for the next century. We believe in serving our customers, our communities, and the world. If you do, too, come move the world and make the future with us.

Ford is a global company with shared ideals and a deep sense of family. From our earliest days as a pioneer of modern transportation, we have sought to make the world a better place – one that benefits lives, communities and the planet. We are here to provide the means for every person to move and pursue their dreams, serving as a bridge between personal freedom and the future of mobility. In that pursuit, our 186,000 employees around the world help to set the pace of innovation every day.

Privacy Policy: https://www.ford.com/help/privacy/

Team size: 10,001+ employees
LinkedIn: Visit
Industry: Motor Vehicle Manufacturing

What you'll do

  • The Controller will lead the accounting department, ensuring compliance with regulatory agencies and managing financial reporting. This role involves overseeing complex accounting functions and developing strategies to improve efficiency and reduce costs.

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Frequently Asked Questions

What does a Controller do at Ford?

As a Controller at Ford, you will: the Controller will lead the accounting department, ensuring compliance with regulatory agencies and managing financial reporting. This role involves overseeing complex accounting functions and developing strategies to improve efficiency and reduce costs..

Why join Ford as a Controller?

Ford is a leading Motor Vehicle Manufacturing company.

Is the Controller position at Ford remote?

The Controller position at Ford is based in Salt Lake City, Utah, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Controller position at Ford?

You can apply for the Controller position at Ford directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Ford on their website.