IFG US is partnering with a multi-national financial services company in Chicago looking for a Senior Manager of Technical Accounting. IFG has done tremendous work within the Controllership group so we know the company very well. They are preparing internally to move from a private to public organization, so very exciting times to get involved in the IPO preparation and execution!
The role will research GAAP and SEC requirements related to new accounting standards as well as new business situations, and document conclusions in accounting memos and policies.
Responsibilities:
- Adoption of new accounting standards, including but not limited to: research, analysis, documentation and implementation which may require working with corporate accounting and/or regional finance teams.
- Address accounting impact of new business areas: growth of the business and expansion into new products and services frequently leads to a need for research, analysis, documentation and implementation similar to what is required when new accounting standards are issued
- Accounting policy development and maintenance including but not limited to: Document, maintain and improve the accounting and corporate policies; assist with rollout of new policies to corporate and regional finance teams resulting from new accounting standards, technical guidance, or interpretations; and complex analysis and audit support including goodwill and intangible asset impairment analysis, lease right of use asset impairment analysis, GAAP disclosure checklist, debt extinguishment vs modification, share based compensation matters, various revenue and lease accounting matters, and acquisition accounting
- External financial reporting support including assist the financial reporting team in drafting new financial statement disclosures related to new accounting standards and new business issues, assist management in review of quarterly and annual financial statements, general accounting support – participate in monthly close activities as requested, M&A transaction support – assist with evaluating accounting alternatives and impacts related to the Company’s M&A activities including ASC 805 journal entries, ad hoc questions from the field – assist with research and documentation of complex accounting issues escalated from the accounting staff and provide guidance on technical accounting matters as needed, review of contracts – review customer and carrier agreements as needed to consider the accounting implications of new types of arrangements, and build strong relationships with all levels of the finance staff at field and corporate locations. Collaborate with the M&A team serving as a resource for resolving technical accounting questions and issues.
Qualifications:
- Bachelor’s degree in accounting
- CPA strongly preferred
- Four to eight years total experience with minimum of four to six years in a Big Four or second-tier national public accounting firm including both public and private clients
- In depth knowledge of GAAP and SEC accounting and reporting guidance