Salary Mid-Point: $130,000
Location: Chicago IL
Job Type: Permanent

Technical Accounting Manager

A Fortune 500 client has Technical Accounting Manager opportunity with a direct path to Senior Manager in 6-8 months.  The manager will possess the ability to work cross-functionally across the global organization, which includes seven businesses, each with its own President and CFO. The job responsibilities include the creation and updating of technical accounting whitepapers, periodic qualitative and quantitative accounting assessments, and assistance in determining and documenting internal financial accounting policies, while working closely with external and internal auditors and our tax department. The position will report to the Sr. Director of Technical Accounting and Financial Reporting. 

Key Responsibilities:

  • Creates, maintains and ensures implementation of appropriate accounting policies and best practices

  • Evaluates and analyzes proposed transactions for accounting implications and potential impact of proposed accounting standards, and prepares documentation supporting accounting positions taken on significant or complex transactions.  

Technical Accounting Manager responsibilities:  

  • Developing process efficiencies and best practices

  • Conducting complex assignments and analysis

  • Providing functional advice on accounting guidelines

  • Assisting in special projects and process improvements

  • Performing internal controls, and stock compensation evaluations

  • Monitors changes in accounting standards and policies and evaluate and anticipates the potential impact

  • Assists in preparation of impact analysis for new accounting standards

  • Works closely with external and internal auditors and tax department

  • Research technical accounting guidance, including FASB and SEC regulations, and effectively communicate conclusions verbally and in writing.

  • Monitor changes in accounting standards and policies and evaluate and anticipate the potential impact on the organization.

  • Assist in addressing any technical accounting issues raised by the divisional finance leaders and communicate accounting conclusions.

  • Assist in preparing comment letters and/or responses to FASB exposure drafts and Invitations to Comment, as pertinent to the organization.

  • Assist in preparing responses to SEC comment letter and other technical correspondence.

  • Remain knowledgeable and up-to-date about all external audit requirements, such as PCAOB, international control documentation, etc.

  • Assist in preparation of impact analysis for new accounting standards (e.g., CECL).

  • Assist in maintaining completeness and accuracy of internal accounting policies through our Financial Policy Manual.

  • Assist in evaluations of passed audit differences, materiality and going concern.

  • Evaluate stock compensation valuation inputs and review EPS, including impact of equity contingents, performance measures and dilution calculations. 

  • Assist in preparation of technical accounting white papers.  Accounting areas include:

    • Revenue Recognition, Leases, EPS Calculation, Stock Compensation Accountin, General Compensation Accounting, Debt accounting, including embedded derivatives, Hedge Accounting, Pension Accounting, Mergers & Acquisition Accounting, Goodwill and Other Impairment, Income tax accounting (basic)

 

Required:

  • Bachelor's degree and 6 years of related experience required

  • Requires broad general accounting knowledge, including FASB and GAAP regulations

  • Ability to research complex issues, and to formulate and develop recommendations to management

  • Project management experience

  • Sarbanes-Oxley experience

  • Proficient in Microsoft Excel and Word.

Desired:

  • Degree in Accounting field

  • Master's degree preferred

  • Large, publicly traded organization or public accounting experience

  • CPA preferred

Interested candidates email your resume to: ericmaleski@ifgpr.com