Snr Manager, M&A Project Management

at Federal Mogul Powertrain in Skokie, Illinois, United States

Job Description

Tenneco is one of the world's leading designer, manufacturers and marketers of automotive products for original equipment and aftermarket customers, with approximately 78.000 team members working at more than 300 sites worldwide. Through our four business groups, Motorparts, Ride Performance, Clean Air and Powertrain, Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket.

Job Title: Senior Manager, M&A Project Management

Tenneco is one of the world's leading designer, manufacturers and marketers of automotive products for original equipment and aftermarket customers, with approximately 78.000 team members working at more than 300 sites worldwide. Through our four business groups, DRiV, Ride Performance, Clean Air and Powertrain, Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket.

TheM&A teamis a centralized global corporate group set up with the objective of leading this activity. The team is composed of senior members who interface with the business units, leadership team, and the functional groups across the company.
As aSenior Manager, M&A Project Managementfor theM&Ateam you will support the transaction execution. This is a newly created position that will directly report to the Executive Director, Acquisitions & Divestitures. The role is ideal for someone who thrives in the deal making environment and process.

Essential Duties and Responsibilities:

Manage M&A divestiture projects to support pre-close, post- close, and day 1 separation activities.
Partner with functional, business unit teams and external advisors for operational understanding to drive overall transaction execution
Manage the deal execution, providing centralized governance and coordination to keep the respective teams involved in the deal on track
Drive successful execution against deal milestones by tracking milestones, making key recommendations to stakeholders, and holding cross-functional teams accountable for timely execution of deliverables
Dedicated time commitment through-out the deal lifecycle to ensure the project remains on schedule and within budget
Demonstrate a thorough understanding of TSA evaluation in the pre-close planning phase to identify the deal perimeter and where the gaps will appear when executing the transaction.
Identify what will need TSA or reverse TSA support, evaluate pricing and structure services, and provide planning to close the gaps with new services, systems, people, processes, or contracts to meet operational needs.
Identify and track one-time costs, stranded costs and standalone costs to preserve and enhance value.
Report status updates to the leadership ensuring all stakeholders are aligned, proactively address potential issues and risks, facilitate issue escalation and timely decision-making
Develop processes and procedures, including meeting schedules, reporting structures, and tools/templates
Perform other related duties as necessary or assigned.

Education: Bachelor's Degree in related field

Skills:

Proven track record in managing M&A deal integration/separation, including financial processes, system migration, and change management initiatives
Strategic thinker with cross-functional knowledge of how the organization operates
Ability to align M&A activities with corporate strategy, evaluate deal rationale, and contribute to long-term vision and financial objectives
Strong interpersonal and communication skills to build relationships and collaborate effectively with cross-functional teams, senior management, and external stakeholders.
Ability to foster a culture of collaboration and teamwork by encouraging cross-functional engagements
Ability to identify opportunities for execution acceleration
General awareness of business processes across functions and standard financial metrics.
Proven ability to manage and appropriately prioritize multiple projects and initiatives in a dynamic and fast-paced environment
Strong presentation skills, with the ability to articulate complex strategic concepts in a clear and persuasive manner.
Excellent written and verbal communication skills coupled with strong financial, legal and general business acumen
Exemplary attention to detail in all aspects of work product
Positive attitude, a strong work ethic and commitment to clear and open communication
Willingness for periodic travel both domestic and internationally, as required

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual... For full info follow application link.

Equal Opportunity Employer Minorities/Women/Veterans/Disabled