A great UHY client is seeking a Senior Manager, Consolidations to join their team. The ideal candidate will have a degree in accounting/finance, their CPA, public accounting experience, FX consolidation theory understanding, and experience with global/multinational companies.
The Senior Manager, Consolidations role is a hybrid role, with 4 days each week being onsite. This is a client direct hire position.
Senior Manager, Consolidations Key Responsibilities:
- Required to proactively partner with other finance personnel on a global basis to ensure all close related activities are accurately completed on a timely basis.
- Participate in monthly accounting review meetings with the business units, country controllers, and other corporate functions, such as tax, treasury, and legal, and coordinate follow-up items from these meetings.
- Provide accurate and timely dissemination of financial reports.
- Perform analytical review of operating results to ensure the accuracy of accounting records.
- Prepare consolidating journal entries for actual results, forecasts, and budgets.
- On occasion process post-close top-side journal entries on behalf of business units to facilitate timely closing of the books.
- Coordinate pushdown of top-side entries to business units’ general ledger in subsequent month.
- Identify and address accounting issues in a timely manner.
- Prepare and distribute intercompany out of balance reports to the business units.
- Prepare and distribute a monthly close communication to the users of the consolidation system.
- Review account reconciliations and ensure exceptions are corrected on a timely basis for various accounts including intercompany accounts, unconsolidated affiliates, and investment and equity accounts.
- Identify opportunities to simplify the current reporting and entity structure within the consolidation system.
- Process USD overrides and interact with global finance personal, including corporate groups such as tax, treasury, and legal, to substantiate changes in equity balances.
- Ensure adherence to all accounting policies and controls.
- Ensure SOX requirements are met and compliance is maintained at all times.
- Ensure all processes are appropriately documented and updated as needed.
- Draft or update accounting policies for complex consolidation matters, such as noncontrolling interests, variable interest entities, and foreign currency related matters.
- Support technical accounting group in preparation of the statement of cash flows for certain transactions related to consolidated and nonconsolidated affiliates, increases/decreases in investment ownership percentage changes, and new investments.
- Track and report on the progress of entity loads into the consolidation system during the monthly close.
- Track late journal entries for review and approval by the Chief Accounting Officer.
- Lead and or support ad-hoc projects as required.
- Collaborate with Separation team to assist with the accounting aspects of due diligence processes for potential buyers.
- Serve as a point of contact for internal and external stakeholders regarding accounting requirements for acquisition and divestiture transactions.
Senior Manager, Consolidations Qualifications:
- Bachelor’s or Master’s degree in Accounting required; CPA certification required; Master’s degree in Accounting, Finance or MBA preferred
- 4 – 8 years of work experience in public accounting and/or industry with progressive increase in responsibility
- Big 4 Public Accounting Firm experience working with multinational publicly traded companies, preferably in the automotive manufacturing (OEM supplier) or aftermarket industry
- Experience with accounting requirements in relation to divestitures and acquisitions
- Strong technical accounting background in US GAAP
- Strong analytical and trouble-shooting skills
- Team-oriented and able to perform tasks where time management is key
- Strong understanding of consolidation and foreign currency accounting theory
- A high degree of computer literacy, experience with ERP systems (e.g. SAP) required and consolidation systems experience required (e.g. Hyperion or One Stream)
- Strong understanding and experience in the preparation of a full Income Statement, Balance Sheet and Cash Flow Statement are required
- Sound planning and organizational skills, with an emphasis on continual process improvement, benchmarking and best practices
- Excellent communication and presentation skills, with the ability to articulate complex financial information to diverse audiences.
UHY Advisors’ Resource Solutions Group provides clients with accomplished professionals to support finance, accounting, internal audit and tax teams. Whether it is permanent placement, project work, loaned staff support or business process outsourcing–we are ready to meet your needs.
Our team has extensive experience with a wide range of clients from middle market, closely held organizations to large Fortune 500 companies. We focus on finance and accounting, internal audit, IT audit and tax. We offer direct, personal involvement from senior practitioners and strive to meet clients’ needs rapidly.
Job Type: Full-time
Pay: $150,000.00 - $175,000.00 per year
Schedule:
Application Question(s):
- This is a client direct hire position. Please confirm your understanding.
- Do you have experience with consolidation systems like Hyperion or OneStream? This is required.
Education:
Experience:
- Public accounting: 4 years (Required)
- SAP: 1 year (Required)
License/Certification:
Work Location: In perso
Linked-in
Google