Accounting Manager

Company Description

Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company. We are Making Possible™ products and solutions that help advance the industries we serve, providing branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect brands and consumers. We design and develop labeling and functional materials, radio frequency identification (RFID) inlays and tags, software applications that connect the physical and digital, and offerings that enhance branded packaging and carry or display information that improves the customer experience. Serving industries worldwide — including home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals and automotive — we employ approximately 35,000 employees in more than 50 countries. Our reported sales in 2024 were $8.8 billion. Learn more at www.averydennison.com.

At Avery Dennison, some of the great benefits we provide are:

• Health & Wellness benefits starting on day 1 of employment

• Paid parental leave

• 401K eligibility

• Tuition reimbursement

• Employee Assistance Program eligibility / Health Advocate

• Paid vacation and Paid holidays

Job Description

As a key member of the NASSO team, the Accounting Manager is the key link between NASSO and the business. The Accounting Manager is also responsible for ensuring the financial statements are properly stated. The work of this role is critical in driving GAAP compliance within the business. With multiple direct reports and working closely with an outsource provider, the day-to-day activities range from managing and prioritizing the tasks of the team, to coordinating all the month-end close activities along with meeting all the reporting timelines.

KEY RESPONSIBILITIES:

In your role as Accounting Manager, delivering on these responsibilities is critical to success:

• Business Partnership: provide technical and accounting guidance/training to the business, highlighting changes in process or GAAP reporting. Review financial results and resolve inquiries in a timely manner. Collaborate across all business functions to ensure financials are appropriately stated.     

• Monthly/Quarterly Close Process: accountable for timely and accurate monthly and quarterly close process including, journal entry review and approval, schedule submission and account reconciliation and approval. Analysis of financial results and investigate variances as required.

• Oversee monthly lease accounting (ASC 842) activities as a key member of the Lease Accounting Center of Excellence

• Controllership/Compliance: support activities related to compliance initiatives and policies (SOX, Trade Compliance, External & Internal Audit, Balance Sheet Reviews etc). Identify compliance gaps and coordinate resolution activities with compliance teams. Ensure all required deadlines are met and respond quickly to all follow-up questions. Provide meaningful analysis to explain variances and other audit requirements as necessary.

• Lead Sarbanes Oxley activities for NASSO and coordinate with business process owners, including scheduling and performing walkthroughs and testing, initiating communications to the NA sites during the various phases, serving as contact point for external auditors, training new team members on SOX requirements, and coordinating sites’ compliance with SOX testing (including timelines, completeness, and testing). Responsible for coordinating various test phases, including assignment, scheduling, and progress reporting of SOX testers, track remediation status and work closely with management to ensure timely remediation of identified control issues.

• Lead the North America Balance Sheet review process, including scheduling of reviews, reviewers, and reporting of open BSR findings.

• Drive Process Improvements/Standardization: drive continuous improvements across all processes. Identify and leverage best practices within the group. Work with appropriate functional leadership teams to assess risks, allocate resources and eliminate issues that threaten project success.

• Managing and partnering with the business process outsource provider to ensure they are meeting requirements and driving process improvements and standardization

• People Management and Development: help recruit, develop, and retain a talented pool of employees, creating a solid succession pipeline. Positively lead and influence team members to partner together to achieve individual and business goals. Establish individual performance objectives for the te