| Description |
The Senior Manager Accounting Policy will support the Directors of Accounting and the Chief Accounting Officer in providing leadership to ensure that the company’s accounting reflects the economic substance of transactions and complies with all required accounting standards, rules and regulations. Specific responsibilities include:
- Closely monitor emerging accounting standards (e.g., FASB and SEC standards) and advise management concerning their impact. Formulate response to proposed accounting standards. Develop implementation plans for final standards, including appropriate Corporate Policies & Procedures, as well as system changes, education of Divisions.
- Closely monitor IFRS developments and their influence on US GAAP and develop a comprehensive transition plan to convert the Company as the United States moves forward in converging or converting to IFRS, including transition and education of the Divisions.
- Train and educate Division personnel on the application of US GAAP and Corporate Policies & Procedures. Travel to existing Division locations and new acquisitions to work with local accounting personnel and resolve accounting issues and educate Divisions, including how to operationalize accounting guidance to comply with technical standards and best practices. Develop, assist and encourage accounting personnel throughout the Company.
- Develop presentations for Controller’s Conferences and training materials to operationalize technical accounting standards and educate Division through individual Division communications and meetings as appropriate.
- Maintain, update and keep current the Company’s formal set of Corporate Policies and Procedures for worldwide distribution. Design, develop and implement new accounting procedures and practices in coordination with Divisions. Provide accounting guidance to division accounting personnel.
- Research and interpret generally accepted accounting principles and financial reporting practices and advise management of their implications to proposed and completed business transactions. Analyze the financial, economic, and tax implications of proposed and completed business transactions and determine and document appropriate accounting. Lead or participate in formal and informal technical reviews and discussions, evaluating or interpreting theoretical accounting issues. Clear positions with internal or external auditors and document.
- Assist as needed in the preparation and documentation for quarterly and annual external financial reporting, and assist in execution of internal controls over financial reporting, including disclosure controls and procedures, and other aspects of the Sarbanes-Oxley Act.
- Complete, or coordinate the completion of, special projects as assigned by the Chief Accounting Officer.
- Provide leadership in all operations of the Corporate Accounting Department and support to the Directors of Accounting and Chief Accounting Officer, and assist in fulfilling the responsibility for the oversight of worldwide accounting.
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