Technical Accounting Director
Saint Paul, MN - USA
Job Summary
Job Summary: The Technical Accounting & Reporting Director with his/her team is responsible for providing technical accounting guidance to the global finance organization and other corporate functions to ensure accurate and timely financial information in compliance with US GAAP.
A thorough knowledge of US GAAP is a requirement as well as keeping current with US GAAP authoritative guidance and SEC rule trends and changes while having the ability to research/document complex transactions and work with external auditors on technical accounting positions. An understanding of finance and valuation principles is used in oversight responsibilities for global pension reporting goodwill impairment testing and valuation of assets and liabilities in business combinations. Collaborating and communicating with senior and executive level management is a requirement for this high visibility position. The position is also responsible for supporting certain areas within Forms10-K and 10-Q and other SEC reporting requirements.
The Technical Accounting & Reporting Director has a team of 3 employees and is also responsible for managing projects and maintaining relationships with global actuaries valuation firms and third-party due diligence teams.
What You Will Do:
- Provide technical accounting guidance in the identification and application of US GAAP SEC and other authoritative accounting guidance in support of the companys global finance organization.
- Provide technical accounting guidance to various levels of management throughout the global organization. This includes direct interaction with the Corporate Controller CFO global business unit general managers and controllers and other functional management (Procurement Supply Chain HR Internal Audit Corporate Planning Law Tax Treasury R&D and Corporate Development).
- Provide technical accounting guidance for business acquisitions through active participation as the primary US GAAP expert on the companys global merger and acquisition due diligence teams. Responsibilities include oversight of purchase price allocation valuation of identifiable intangible assets and providing general technical accounting support throughout the acquisition due diligence process. Support global finance integration initiatives as required.
- Frequently interacts with companys external auditors in evaluating technical accounting positions and public disclosure matters.
- Support the quarterly and year-end public reporting process through oversight of specific footnotes including acquisitions pensions and new accounting pronouncements.
- Provide technical updates and training as necessary to the global finance organization as well as other corporate functions.
- Manage the companys annual goodwill impairment testing.
- Manage the companys global pension and post-retirement measurement and reporting processes including coordinating with international locations and oversight of actuaries.
- Lead a team of high performing professionals and provide oversight and guidance day to day.
- Supporting M&A Transactions and Strategic Investments: 25%
- Implementing New Accounting Standards and Accounting Policy Reviews: 10%
- Technical Research and Consulting: 25%
- Pension Accounting & Reporting: 15%
- Various Ad Hoc Projects: 10%
- Team Oversight and Training: 15%
Minimum Qualifications:
- Bachelors Degree in Accounting
- 10 Years of accounting and audit experience
- Audit experience with a Big 4 public accounting firm
- CPA
- Experience in interpretation and application of technical accounting rules and regulations
- Ability to analyze complex financial matters and understand complex financial models
- Currently employed in either a public accounting role or in an industry role that requires current knowledge of technical accounting
- Ability to communicate complex topics to a broad range of financial and non-financial managers
- Supervisory experience
Preferred Qualifications:
- Experience in interpretation and application of technical accounting rules and regulations including
- business combinations
- pension valuation accounting and reporting
- working knowledge of valuation and business valuations
- Master of Accountancy
- Strong organizational and communication skills and the ability to work independently and influence
Annual or Hourly Compensation Range
Benefits
Ecolab strives to provide comprehensive and market-competitive benefits to meet the needs of our associates and their families.Click here to see our benefits.
If you are viewing this posting on a site other than our Ecolab Career website view our benefits at Customer Requirements Notice
To meet customer requirements and comply with local or state regulations applicants for certain customer-facing roles may need to:
- Undergo additional background screens and/or drug/alcohol testing for customer credentialing.
- Be fully vaccinated for COVID-19 including a booster if eligible unless a religious or medical accommodation is requested by the applicant and approved by Ecolab.
Americans with Disabilities Act (ADA)
Ecolab will provide reasonable accommodation (such as a qualified sign language interpreter or other personal assistance) with our application process upon request as to comply with applicable laws. If you have a disability and require accommodation assistance in this application process please visit the Recruiting Support link in the footer of each page of our career website.
About Company
Ecolab is the global leader in water, hygiene and energy technologies and services. Every day, we help make the world cleaner, safer and healthier – protecting people and vital resources.