Director, Controllership Integration
Hunt Valley, MD - USA
Job Summary
You may know McCormick as a leader in herbs spices seasonings and condiments andwereonly getting started. At McCormickwerealways looking for new people to bring their unique flavor to our employees all 14000 of us across the world are what makes this companya great placetowork.
We are looking to hire aDirectorControllership Integrationimmediatelyin a Hybrid (50/50) capacity at our Global Headquarters in Hunt Valley Maryland.
What We BringToTheTable:
The best people deserve the best addition to thebenefitsyoudexpect from a global leader (401k health insurance paid time off etc.) we also offer:
Competitive compensation
Career growth opportunities
Flexibility and Support fordiverselifestages andchoices
Wellbeing programs includingphysicalmentalandfinancial wellness
Tuitionassistance
TheDirectorControllership Integrationwillbe responsible foroverseeingthe Controllership workstreamand related sub-workstreams forthe McCormick and Unilever Foods integration(the Transaction).The Directorwill have one direct report the SeniorManagerControllershipIntegration andwilloversee a broader team of workstream owners and advisors executing across theControllership role requires deep technicalexpertise strong project managementskillsandthe ability to communicate cross-functionally.
This role has exposure to the global Finance and Integration Management organizationsand will have opportunities to present integration status tosenior Finance leadership including the VP & Controller and other senior integration leaders.
This role is fully dedicated to integration activities throughthecloseof theTransactionand for a period thereafterwith an eventual transition into theendstate organizational design.
Key Responsibilities
Technical Accounting & Financial Reporting:
Own the integration activities related to financial reporting including IFRS-to-US-GAAP conversion accounting policy alignment and external reporting requirements
Direct thepreparation of thepro formafinancial informationfor inclusionin an S-4 filing overseethe opening balance sheet / purchase accounting workstream including purchase price allocation fair value assessments and preparation of technical accounting memoranda under ASC 805
Drive financing transactions comfort letters and secondary listing activity (prospectus / pro forma requirements) partnering with Treasury Legal and external advisors
Serve as the senior technical escalation point for complex or novel accounting positions arising across the integration ensuring positions are well-researched and documented
Oversight of Accounting Sub-Workstreams:
Provide technical review and final approval of the accounting positions and process designs developed by the Senior Manager ControllershipIntegration acrossthe followingsub-workstreams: derivative accounting employee benefit plans stock compensation segment reportingtransition service agreements (TSA)interim operating model (IOM) foreign exchange lease accounting joint ventures/VIEs and non-GAAPpositions
Set standards for process establishment and control design across sub-workstreams ensuring consistency with McCormick accounting policy and readiness forexternalaudit
Integration Governance & Leadership:
Own the overall Controllership integration governance model defining workstream structure decision rights and escalation paths across accounting financial reporting transaction and secondary listing workstreams
Manage and coordinate multiple external advisory firm relationships to ensure advisor scope deliverables and cost stay aligned to workstream needs
Deliver executive-level integration status reporting to the VP & Controller and other seniorintegration leadership drivingtimelydecisions on Controllership integration matters
Drive cross-functional coordination with Finance IT HR andotheroperational teams to ensure Controllership integration stays aligned to overall deal timelines
Support workshops and governance sessions that may require international travelrepresentingControllership integrationwithUL Foods Finance leadership and other cross-border stakeholders
Support people-focused integration initiatives at a leadership level modeling effective communication and fostering a positive transition experience for UL Foods employees
Coordinate with Investor Relations on integration-related disclosures and otherFinance matters requiring cross-functional alignment
Required Qualifications
Bachelorsdegree inAccounting Finance Business or related field
CPAstrongly preferred
Masters degree preferred
10 yearsprogressiveAccounting/Financeexperience with a minimum of 5 years public accounting
Experience in the consumer products industry is a plus
ExperienceleadingM&A integrationeffortsand managing external advisor relationships
Demonstratedbreadth and depth of US GAAP knowledgeespeciallyunderASC 805(business combinations)
ExperiencewithSEC filings requirements including registration statements (S-4)pro formafinancial information and prospectus disclosures
Demonstrated ability to support and analyze complexAccounting/Financeprocesses
Experience managing and developing Accounting/Finance professionals
Proven ability to lead cross-functional workstreamsinfluence stakeholders across multiple business functions andcommunicate effectively with executive leadership
Strong communicationprogram managementanalytical and problem-solving skills
Microsoft Office Suite;SAP and Hyperion experience/skills a plus
#LI-DNI
Base Salary: $80
Base salary compensation will be determined based on factors such as geographic location skills education experience for this role and/or internal equity of our current employees as part of any final offer. This position is also eligible to participate in McCormicks Incentive Bonus (MIB) Plan/ McCormicks Sales Incentive Bonus (SIB) Plan/ McCormicks Dividend addition to a competitive compensation package permanent employees of McCormick are eligible for our extensive Total Rewards programs that include:
- Comprehensive health plans covering medical vision dental life and disability benefits
- Family-friendly benefits such as paid parental leave fertility benefits Employee Assistance Program and caregiver support
- Retirement and investment programs including 401(k) and profit-sharing plans
McCormick & Company is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex gender identity sexual orientation race color religion national origin disability protected veteran status age or any other characteristic protected by law.
As a general policy McCormick does not offer employment visa sponsorships upon hire or in the future.
#LI-DNI
Required Experience:
Director
About Company
McCormick spices and products have been kitchen must-haves since 1889. Learn about seasoning and cuisine while discovering tons of delicious recipes today.