Director-Corporate Accounting & Global Close

Job Summary

Manage the U.S. corporate accounting and global close team, consisting of 15+ professionals locally and globally.

Provide technical expertise in GAAP accounting and lead the global financial close, following best practices. Manage the related accounting processes to the highest level of quality, including deliverables for internal and external stakeholders. Oversee the global consolidated audit.

Lead process improvements in accounting and financial reporting, including enhanced reporting, system utilization/implementation, internal controls, and policy/process development. Manage and lead change cross-functionally.

Prepare and review reporting for internal and external stakeholders including financial statement preparation and analytics for entities and accounts under their purview.

This role reports directly to the VP, Global Controller.

Job Description

U.S. Corporate Accounting Responsibilities:

• Oversee accounting for the U.S. and all holding companies, with ownership of all non-inventory and fixed-assets related balance sheet accounts and expenses, ensuring compliance with U.S. GAAP

• Own the U.S. P&L and balance sheet as well as fluctuation analysis, including preparation and/or review

• Review close data, material journal entries, and account reconciliations

• Oversee complex accounting areas requiring significant management estimates and judgments (e.g., CECL and key reserves); apply GAAP expertise to conclude accounting treatment, review ongoing accounting, and ensure accuracy

• Analyze operating financials, interpret results and recommend a plan of action to investigate and resolve matters as needed, including recommending process improvements ​

Global Close Responsibilities:

• Manage the global accounting ledger close, including alignment of deadlines and deliverables among all accounting teams globally

• Accelerate the global ledger close to report U.S. management results by the fifth business day

• Act as primary liaison with external auditors and oversee the request list for the consolidated audit

• Accountable for the global account reconciliation and journal entry review/approval processes

• Oversee and enhance close management software (Blackline)

• Create KPIs and reporting to drive accountability for global accounting teams for key areas: close checklist/timelines, balance sheet reconciliation/journal entry policy compliance, and global audit request list

Project and Process Improvement Responsibilities:

• Drive or support the strategy and execution of key Global Controllership and cross-functional initiatives, including new business initiatives, system integrations, process improvements, and other major change management impacting accounting and systems

• Proactively identify areas for process improvement, enhanced compliance, and efficiencies

• Assist with the integration of new businesses in the areas of accounting, global close process, and related internal controls.

• Support peers and other stakeholders, in and out of Finance, by leading through change and guiding teams to alignment for process changes and evolving business requirements; utilize influence cross functionally to meet deadlines and goals

Act as global subject matter expert and enhance the review and governance over key accounting areas globally (e.g., credit losses, restructuring, and compensation-related reserves). Act as key liaison and peer to global controllers and finance teams, helping ensure consistency in practices across all the Company’s operations. Develop accounting policies, procedures, and controls to ensure global adherence to U.S. GAAP for assigned areas.

Represent Medline interests to internal and external parties - e.g., CFO and divisional leadership interactions, FP&A/tax/treasury partnership, and presentations/schedules for leadership, sponsors, lenders, tax authorities, auditors, and other stakeholders. Prepare and/or review bridges for management-to-GAAP reporting and non-GAAP measures for certain accounting areas. Support the annual operating plan process for assigned areas.

Manage/prepare other ad hoc reporting, requests, and process improvements as needed in the course of business for assigned areas. Provide other supporting schedules as needed for tax or audit purposes. Provide analysis and supp