Senior Manager, Financial Reporting And Corporate Accounting

Summary: Responsible for the accuracy and analysis of the consolidated financial information of the Company, including but not limited to internal and external financial statements; press releases and required filings with the Securities and Exchange Commission (SEC). Responsible for the completion of reporting for senior management and Board of Directors. Perform necessary research to assure Invacare’s compliance with all accounting pronouncements and SEC regulations. Overall responsibility for the Corporate General Ledger including accurate and timely completion of the monthly financial close within established timeframes and in accordance with generally accepted accounting principles.

Essential Functions:

Financial Reporting responsibilities:

• Prepare/review consolidated financial statements for accuracy, completeness and consistency.
• Drive the monthly, quarterly and annual close processes, coordinating globally.
• Prepare statement of cash flows, including cash flow eliminating/reclass entries, and provide analytical review.
• Continuously improve the close process to maximize timing, precision and leveraging of available resources in a continuously changing environment.
• Contribute to the implementation of new ERP to address accounting, consolidation and Financial Reporting complexities.
• Prepare monthly reporting summaries and analysis relates to sales, SG&A, interest, etc.
• Verify accuracy of information obtained from divisions for consolidated Reporting and coordination of corporate processes supporting accounting and footnote disclosures/MD&A going into Form 10-Qs and 10-Ks.
• Prepare SEC external reporting, including quarterly and annual reports, proxy, etc.
• Coordination and filings with the New York Stock Exchange and coordination with SEC counsel.
• Assist with preparation of earnings releases, dividend releases and other new releases.
• Perform extensible business reporting language (XBRL) tagging of SEC filings as required.
• Prepare annual review for impairment of goodwill and intangible assets.
• Assist with annual meeting, including preparation of script, Q&A, attendance at meeting, etc.
• Manage Accelerated Financial Reporting Management (AFRM) application, including application testing, user access, administration, etc.
• Perform accounting and Financial Reporting research.
• Establish and or modify SAS (global consolidation system) reporting as needed.
• Provide support to departments/business units within the Company regarding implementation of Company financial policies.
• Ensure that systems and procedures are in compliance with company policies, practices and applicable regulations.
• Perform due diligence procedures and review of information relating to acquisitions and or divestitures.
• Assist with planning and budgeting process, as needed.

Corporate Accounting responsibilities

• Establish internal control and reporting procedures to safeguard company assets and ensure compliance with all statutory requirements, GAAP and Corporate policies.
• Oversee and enhance existing systems affecting Financial Reporting, including reconciliation of general ledger interfaces (accounts receivable/payable, sales, payroll, cash, fixed assets).
• Provide for the reconciliation of all general ledger accounts for Corporate entities including the preparation of intercompany elimination schedules.
• Prepare the Annual Operating Plan (AOP) for Corporate entities and work directly with Corporate and business unit leaders in preparation of quarterly forecasts, estimates and AOP, providing guidance and financial assistance as necessary to build sound estimates and plans.
• Completion of all monthly, quarterly and year-end reporting packages for Corporate entities, including but not limited to monthly Reporting and analysis of all functional department spending, corporate reserve analysis, quarterly package, year-end Reporting and tax packages.
• Assure effective departmental operation through selection, training, deployment, and motivation of staff.
• Preparation of 10Q and 10K documentation and footnotes for SEC filings, interpreting financial and non-financial performance measures.
• Work with third party benefit administrators in order to perform the accounting and reconciliation for all executive related benefits.
• Liaison with external, internal, bank, tax and benefit plan auditors in preparation of supporting financial schedules, documentation of systems and auditing of key controls.
• Provide for semi-annual Sarbanes/Oxley control testing for Corporate and Plant facilities ensuring that management provides for correction of control gaps.
• Work with IT to test and validate accounting and reporting requirements for Corporate and the business units in new or existing ERP systems.

 Overall responsibilities

• Develop a team environment in which diversity and individual strengths are utilized to the benefit of the team.
• Complete all required training applicable to assigned position.
• Exhibit positivity, flexibility, creativity, and a willingness to take on new responsibilities as requested or required.
• Support internal audit and work with external auditors to coordinate deliverables for SOX testing.

 Qualifications:

• Bachelor’s degree in Accounting or Finance (CPA preferred).
• Five or more years of public accounting experience.
• Seven or more years of progressively responsible experience within Finance.
• Supervisory experience.
• Familiarity with consolidation software, global eliminations and foreign currency challenges/requirements.
• Experience in financial accounting and reporting, working knowledge of SEC guidelines a plus.
• Strong presentation skills. Able to effectively communicate with all levels of management, including executive management and Board of Directors
• Self-starter, a problem solver with solid analytical skills and interpersonal skills.
• Advance knowledge of PC applications (spreadsheets, word processing, and database).

An Equal Opportunity/Affirmative Action Employer –M/F/Disabled/Vet