Chief Accounting Officer Durham, NC
Durham, NC - USA
Job Summary
Job Overview:
The Chief Accounting Officer is a senior Finance leader responsible for Fortreas global accounting external reporting internal controls and compliance environment. This role leads the accounting organization including record-to-report and payroll-related accounting processes oversees external auditor relationships and annual audit activities and partners closely with the CFO and cross-functional leaders to support disciplined decision-making and scalable finance transformation. The Chief Accounting Officer provides technical accounting leadership supports strategic growth initiatives and strengthens global accounting processes through public-company reporting expertise enterprise leadership and continuous improvement. He/she further serves as the designated Principal Accounting Officer for SEC financial statement certification.
Summary of Responsibilities:
Accounting Leadership Close & Reporting
Lead Fortreas global accounting function including corporate accounting record-to-report consolidation close management payroll-related accounting technical accounting and accounting operations.
Oversee timely and accurate monthly quarterly and annual close processes driving a disciplined close calendar clear ownership and resolution of material accounting matters.
Lead external financial reporting processes including SEC reporting financial statement preparation earnings support and related disclosure controls in partnership with the CFO Legal Investor Relations and external advisors.
Establish maintain and interpret accounting policies ensuring compliance with US GAAP SEC requirements applicable company policies and evolving regulatory standards.
Provide technical accounting leadership for complex transactions including revenue recognition business combinations restructuring impairments equity compensation leases debt and other significant accounting matters.
Controls Compliance & Audit Governance
Own the design execution and continuous improvement of internal control over financial reporting including SOX compliance control remediation and partnership with Internal Audit and external auditors.
Lead the external auditor relationship and annual audit process ensuring audit readiness quality deliverables issue resolution and transparent escalation of key matters.
Support Audit Committee and executive leadership discussions by preparing clear concise updates on financial reporting technical accounting finance policies control status audit progress and critical projects.
Promote and establish a culture of accountability ethical conduct compliance and strong financial governance across the global accounting organization.
Identify assess and escalate financial reporting control compliance and audit risks with clear recommendations and executive-level judgment.
Finance Transformation & Operational Excellence
Drive accounting transformation initiatives including process standardization automation shared services optimization finance systems improvements scalable operating model design and stronger end-to-end accounting workflows.
Co-manage external contractor partnerships
Identify and sponsor opportunities to improve close efficiency data quality reporting reliability transparency controls and controllership capabilities while reducing manual effort across regions and functions.
Support potential M&A integration capital structure and other strategic processes
Leadership Talent & Business Partnership
Build lead and develop a high-performing global accounting team with clear roles succession depth technical capability and strong engagement.
Provide enterprise-level counsel to the CFO and senior leaders on accounting implications reporting risks operational decisions and regulatory considerations.
Collaborate with FP&A Tax Treasury Investor Relations Legal HR Procurement and business unit leaders while representing Accounting in cross-functional governance forums transformation programs and strategic initiatives requiring financial reporting or control expertise.
Perform all other duties as needed or assigned.
Travel: This role may require occasional domestic and international travel estimated at approximately 1020% based on business audit leadership and transformation needs.
Qualifications (Minimum Required):
Bachelors degree in Accounting Finance Business Administration or a related discipline.
Certified Public Accountant (CPA) or equivalent professional accounting qualification required where applicable to the role and jurisdiction.
Comprehensive knowledge of US GAAP SEC reporting SOX internal controls financial statement preparation external audit processes public-company reporting obligations and complex technical accounting matters.
Deep experience with revenue recognition in project-based long-term contract environments including ASC 606 legacy ASC 605 considerations contract modifications pass-through costs reimbursables and CRO-specific revenue accounting practices.
Experience overseeing global statutory reporting local audits legal entity accounting and coordination across regional finance teams.
Experience supporting SEC filings including Form 10-K Form 10-Q earnings materials disclosure controls and Audit Committee reporting.
Experience leading accounting activities related to M&A divestitures integrations purchase accounting and complex restructuring initiatives.Demonstrated ability to lead global accounting teams and external contractors manage complex reporting deadlines advise executive stakeholders and operate effectively in a matrixed global environment across Finance Legal Tax Treasury Investor Relations HR IT and business leadership.
Strong business judgment executive communication enterprise leadership problem-solving collaboration change leadership and ethical decision-making skills.
Fortrea may consider relevant and equivalent experience and successful project outcomes in lieu of educational requirements.
Experience (Minimum Required):
15 years of progressive accounting controllership external reporting audit or finance leadership experience including substantial experience in a public-company environment.
10 years experience in senior leadership (CAO Corporate Controller VP Finance & Accounting or equivalent senior finance leader).
Executive-level experience leading accounting organizations external financial reporting SOX/control frameworks global close processes and audit relationships.
Experience presenting to or supporting Audit Committee Board executive leadership external auditor and investor-facing processes.
Experience leading finance transformation process automation shared services ERP or finance systems initiatives and global operating model improvements.
Experience in global and regulated industries preferred; clinical research pharmaceutical services healthcare technology or similarly complex environments are advantageous.
Physical Requirements:
Ability to work in an upright and/or stationary position for 6-8 hours per day.
Repetitive hand movement of both hands with the ability to make fast simple repeated movements of the fingers hands and wrists to operate lab equipment.
Occasional crouching stooping with frequent bending and twisting of upper body and neck.
Ability to access and use a variety of computer software developed both in-house and off-the-shelf.
Light to moderate lifting and carrying or moving of objects including luggage and laptop computer with a maximum lift of 15-20 lbs.
Regular and consistent attendance.
Varied hours may be .
Work Environment:
Work is performed in an office environment with exposure to electrical office equipment.
Occasional drives to site locations may be .
Application Deadline: August 14 2026
Learn more about our EEO & Accommodations request here.
Required Experience:
Chief