Senior Manager Corporate Accounting

We Make Life More Rewarding and Dignified 

Location: Libertyville 
Department: Finance 

 

Summary:

 

The Senior Manager, Corporate Accounting is responsible for leading corporate accounting and global consolidation to deliver accurate and timely financial statements in accordance with US GAAP. This involves leading the global monthly statutory close process including analytical insights, annual preparation of the Company’s consolidated financial statements and active audit support, active management of global accounting positions and significant transactions, and managing the integrity of accounting system data. 

 

This position reports to the Assistant Controller and frequently interacts with VP, Corporate Controller, corporate FP&A team, corporate tax team, corporate treasury team, global BU and plant controllers, corporate and external audit teams, and other executives. 

 

In addition, this role will be responsible for management and performance of US credit operations, US payroll and benefits, and mentoring and developing employees.

Hollister Incorporated operates in a hybrid work environment.

 

Responsibilities:

 

1.  Lead the global monthly statutory close process, including analytical insights

• Lead the corporate close process for accurate global reporting.  Lead improvements and efficiencies to drive the close process towards world-class performance versus our peers.
• Prepare and review the monthly globally consolidated statutory close including: consolidated income statement, consolidated balance sheet, change in book value, comparison of sales and earnings to various planning periods, and significant year-to-date adjustments
• Lead the monthly cross departmental close governance meetings with Treasury, Tax, Manufacturing Finance, KMT business unit finance and FP&A, including driving analytical insights over company financial data including balance sheet or income statement trends or issues.  Additionally, this involves   understanding the Finance reporting processes across the organization (Non-statutory) to understand the statutory impacts and to identify and assist others with the finance monthly reporting requirements.
• Review monthly journal entries, recurring entries and consolidating entries posted by the Corporate Accounting team
• Review trial balances submitted by Finance associates from various subsidiaries for accuracy and reasonableness
• Review monthly foreign currency gain/loss and non-operating analyses completed by the Corporate Accounting team for accuracy and reasonableness
• Prepare and present the monthly close recap to the finance leadership team

 

2.  Annual preparation of the Company’s consolidated financial statements and actively support the year-end audit

• Prepare and review the Company’s consolidated financial statements and required notes prior to submission to leadership
• Lead with support from the Director Global Accounting in the coordination of the year-end consolidated close
• Prepare and publish the consolidated close process and timing to all Finance associates.  Collaborate across the entire finance organization to ensure local and US GAAP requirements are met and the timing of the close meets the necessary requirements from leadership.
• Review various journals, trial balances, and consolidating entries required for the year-end close
• Lead daily support of the global annual audit, including preparation, supervision and coordination of various interim and year-end audit requests

 

3.  Active management of global accounting positions and significant transactions

• Manage the implementation of new US GAAP accounting standards, as applicable
• Assist with acquisition, divestiture or merger accounting, as necessary
• Research US GAAP treatment as needed on unique transactions and events
• Create/change/update various Finance policies and procedure documents, as necessary
• Support the Director Global Accounting with ad-hoc re