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Form of work Job Description
The Assistant Corporate Controller is a highly visible position and will be responsible for leading the accounting, reporting and controls function. This role will be involved in defining and elevating accounting policies, maintaining accounting records, building and overseeing financial infrastructure, researching guidance on technical accounting matters, preparing financial reports in compliance with overall SEC reporting requirements and operational procedures. The Assistant Corporate Controller, FBIN leads in establishing and maintaining the organization's accounting principles, practices and procedures. This position is called upon to make accounting policy decisions that directly impact the company's financial results and its financial reporting integrity.
Position location: This role is designated as a hybrid role which includes working at least 3 days per week (Tuesday, Wednesday, Thursday) in our main office located in Deerfield, IL to foster better collaboration, connection, and innovation.
WHAT YOU WILL BE DOING:
* Responsible for financial reporting, technical accounting, corporate accounting and consolidations for FBIN.
* Lead, develop, and mentor a team of 7. Sets strategic direction of the team, identifies areas of opportunities, implements process improvements and leverages technology to be more efficient and effective.
* Actively work to improve accuracy and timeliness through continuous improvement.
* Responsible for the FBIN monthly and quarterly consolidation and internal financial reporting processes, as well as timely and accurate analysis of financial results.
* Responsible for the preparation of SEC filings, ensuring compliance with all reporting requirements.
* Lead quarterly accounting and disclosure governance committee meetings, including the development of the agendas, identification of presenters, and oversight and counsel on content development.
* In collaboration with the Chief Accounting Officer, prepares Board or Audit Committee financial and technical accounting updates.
* Evaluate and conclude on appropriateness of non-GAAP measures selected and presented.
* Understand new accounting technical guidance (SEC and US GAAP), assess the implications, if any, to the company, and execute adoption/implementation as appropriate.
* Responsible for the accounting for significant and unusual transactions, working with finance, M&A, business, treasury, tax, internal and external auditors on the appropriate accounting conclusion has been reached and helping all stakeholders account for the transaction properly.
* Oversee the purchase accounting, valuation and accounting integration of newly acquired entities.
* Collaborate on local pension assumption setting, responsible for consolidated actuarial reporting.
* Oversee goodwill and intangible asset impairment testing, accounting for share based compensation, pension and hedge accounting. Work with external valuation experts as needed.
* Centralize technical accounting from business units within the corporate accounting team, including but not limited to pension accounting, hedge and lease accounting.
* Global subject matter expert on SEC reporting and US GAAP accounting.
* Act as the main contact to the external auditors to assist in the completion of an efficient audit.
