Senior Manager, Technical Accounting and External Reporting
Sealed Air CorporationAbout the role
SEE designs and delivers packaging solutions that protect essential goods transported worldwide, preserve food, enable e-commerce and digital connectivity, and help create a global supply chain that is touchless, safer, less wasteful, and more resilient.
SEE strives to foster a caring, high-performance growth culture that will deliver consistent, sustainable profitable growth and accelerate our performance – a culture where accountability is clear and aligned, and where we reward business outcomes and impact. Our culture guides everything we do – how we partner with our customers and suppliers, attract and retain top talent, and create value for our stakeholders.
SEE generated $5.5 billion in revenue in 2023 and has approximately 17,000 employees. The company operates out of 46 countries/territories, and our products are distributed in 115 countries/territories around the world. To learn more, visit www.sealedair.com.
Position Summary
The Senior Manager, Technical Accounting & External Reporting’s principal responsibility will be subject matter expertise on technical accounting topics, inclusive of developing and documenting the Company’s relevant accounting conclusions. Additional support of the following areas will be critical to the continued success of the Corporate Controllership team: quarterly earnings releases and Form 10-Q/K filings, debt offerings, and deferred and share-based compensation programs.
The Senior Manager, Technical Accounting & External Reporting is a highly visible role and is heavily relied upon by executive management. This position reports to the Executive Director, External Reporting, and will be trusted to work collaboratively with his other direct reports and broader team.
The ideal candidate will demonstrate an ability to communicate effectively across all levels of the organization and be comfortable with detail-orientated reporting while offering strategic leadership. The candidate should be able to drive process improvements and be deadline focused. The ideal candidate will partner across the finance organization to help deliver clear and concise accounting guidance while implementing reporting enhancements aligned with an evolving regulatory environment.
Job Description
- Assume responsibility for the full-life cycle accounting of the Company’s deferred and share-based compensation programs and annual bonus plan including forecasting, metric planning, accounting, reporting and disclosures.
- Manage the full finance cycle of SEE’s global pension plans including forecasting and modeling, governance, accounting, financial reporting, de-risking strategies, and preparation of Board materials – serve as a member of the Company’s fiduciary retirement committee.
- Reconcile all entity pension and OPEB balances and activity, in compliance with key controls, to ensure financial statements are accurately prepared.
- Work closely with the Company’s external audit firm and internal audit team on a quarterly and annual basis regarding the Company’s special compensation awards and Pension and OPEB plans.
- Support the Company’s quarterly Earnings Release process, including providing key inputs to the earnings preparation and presentation process; Support related 10-Q/K process including the accounting treatment and related disclosure for non-routine transactions, the preparation of selected footnote disclosures, etc.
- Assist in preparation of accounting analysis for complex transactions, including, but not limited to, debt restructurings and hedging and derivative activities.
- Support Board of Director Committee meetings related to incentive compensation matters by leading meetings with executive management, preparing Board level materials and presentations, and developing strategies to align our organization’s incentive programs with the Company’s strategic direction.
- Cultivate relationships to work directly with pension and compensation-related vendors
- Research and analyze new pronouncements and technical accounting developments, including preparing memorandums summarizing the impact on the Company and corporate accounting policy.
- Oversee the Company’s accounting and finance policy library; Collaborate with and guide commercial finance and functional areas to develop policies and design business transactions in accordance with U.S. GAAP and contemporaneous audit documentation
- Support and lead special projects as required, including:
o Capital market transactions
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