Company: Global Service Industry
Job Title: Corporate Accounting and Consolidations Manager (Hybrid)
Hybrid 3 days in office either at new downtown Chicago office or global headquarters in near north Chicago suburbs.
Qualifications and Technical Highlights:
- 5+ years of relevant and progressive work experience
- Public accounting preferred (not required); strong global audit experience with international companies a strong plus
- CPA strongly preferred
- Global consolidations experience required (140+ entities)
- Intercompany transactions experience required (e.g. eliminations, etc.)
- Currency analysis (35 currencies)
- Month-to-month and quarterly consolidations and financial reporting (not an SEC reporting role – that is a separate team)
- Owns several key monthly close activities
- Owns several key controls
- Supports certain footnotes and MD&A (Management’s Discussion & Analysis); not an SEC reporting role – that is a separate team
- Lease accounting experience is helpful (though not required)
- 1 Direct Report (Senior Accountant): This accountant currently reports to the Senior Manager so this may transition over a period of time to report to the new Manager
- Oracle EPM Cloud experience is ideal; OneStream next best, then HFM and then SAP (BPC)
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- FCCS (Financial Consolidation and Close Cloud Service): Cloud-based reporting module for Oracle
Summary
Reporting to the Corporate Accounting and Consolidations Senior Manager, the Corporate Accounting & Consolidations Manager supports the consolidation of global financial results of 140+ legal entities and ensuring the accurate reporting of financial results. You will ideally have experience working for a global company in leading corporate and consolidation teams, including the performance of analytical reviews of the financial statements, accounting for intercompany transactions and implementing and maintaining internal controls. Will have one direct report (Senior Accountant).
RESPONSIBILITIES
- This role is hybrid on-site in near north Chicago suburbs or new downtown Chicago office: 3 days a week in office
- Support the monthly consolidation process including managing the global intercompany process and review of monthly US GAAP consolidated results. Escalate and signals to Controllership leadership.
- Responsible for important close-related tasks including preparing and reviewing consolidation journal entries, supporting the analytical review of the monthly financials and maintaining internal controls in a global, 140+ legal entity consolidation.
- Support the development of a Corporate Accounting Center of Excellence.
- Work with intercompany owners to resolve out of balance accounts.
- Collaborate with FP&A, Regional Accounting, Internal Audit, Corporate staff departments, external auditors, and other important members of Company’s Controllership.
- Participate in ad hoc projects including IT enhancements for the financial and management reporting processes, analysis of business operations, proposed accounting treatment of unusual transactions or other accounting and finance related matters.
- Support multiple Corporate Finance & Accounting projects to improve the efficiency and accuracy of financial processes.
- Review subsidiary and consolidated financial information and unusual transactions and participate in meetings discussing analysis with Finance & Accounting leadership.
- Support oversight of the global chart of accounts including managing updates for proper rollup to the financial statements and coordinating with other impacted departments.
- Prepare and/or review monthly account reconciliations for key accounts as assigned.
- Support analysis of foreign exchange transactions on a monthly basis
- Work with audit functions to develop and improve internal policies to ensure compliance with SOX framework.
- Systems support for Consolidations platform as well as secondary EPM reporting sources within the Oracle EPM Cloud environment, including managing and enhancing report inventory and reconciling data between EPM data sources.
- Manage the performance of direct reports by developing accountabilities, establishing performance goals, providing career counseling, feedback and guidance and ensuring that all policies are understood and followed.
QUALIFICATIONS
- Bachelor’s or master’s degree in accounting required, CPA strongly desired.
- 5+ years of public accounting or industry accounting experience required, public company exposure preferred. Multinational company experience strongly desired.
- 5+ years of experience with Corporate Accounting and Consolidations required.
- Must have a high degree of technical knowledge of US GAAP and internal controls over accounting & reporting, as well as SOX compliance.
- Experience with accounting for intercompany transactions and foreign exchange transactions is strongly preferred.
- Experience with management reporting and preparing financial presentations is desirable.
- Experience managing professional staff is a plus.
- Experience with the implementation and/or maintenance of accounting systems and associated enhancements (OneStream, SAP, Oracle EPM Cloud/HFM or other EPM platforms) is preferred.
- Advanced Excel experience: familiarity with SmartView or other Excel add-in tools for querying EPM data is a plus.
- Experience with a large ERP platform (Oracle, SAP) in a multi-ledger, global environment is strongly preferred.
- Experience with BI Reporting and/or building dashboards is a plus.
- Flexibility to work outside of US business hours to support subsidiaries across the globe.
For immediate consideration, please email your resume in Word format to Cameron at cwall@ifgpr.com.