Financial Reporting and Technical Accounting Manager
- Compensation
- Not disclosed
- Location
- Cleveland, Ohio
- Work setup
- Not specified
- Seniority
- Not specified
- Employment
- Not specified
- Experience
- Not specified
- Category
- Finance
- Posted
Skills
Must have
- - Bachelor’s degree in accounting, finance, or related field; MBA or advanced degree preferred.
- - CPA or equivalent professional financial designation highly desirable.
- - At least 6 years of progressive experience in finance and accounting, preferably in a large public accounting firm and in financial reporting, technical accounting, or a related field.
- - Experience working with or in a U.S.-listed public company.
- - Strong experience working with U.S. GAAP.
- - Demonstrated experience overseeing financial operations in a multi-legal entity environment, preferably within manufacturing, retail, or multinational organizations.
- - Experience managing financial teams across multiple locations or managing cross-border teams and in a matrix organization preferred.
- Founded in 1923, Applied Industrial Technologies (NYSE: AIT) is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technolog
- Applied Industrial Technologies is built on a philosophy that puts people first. We are an equal opportunity employer, and we are committed to a workforce in which we enforce fair treatment and provid
Full description
The Manger of Financial Reporting and Technical Accounting prepares the company's financial statements and reports, ensuring compliance with financial regulations and standards. This role involves managing technical accounting issues, supporting the internal and external audit process and accounting for lease accounting.
The ideal candidate will possess a deep understanding of accounting standards, financial reporting and auditing practices in the United States and related regulatory environments. This role requires a strong ability to collaborate across finance and at times, other functions, lead processes to timely meet deadlines, and support and manage change as new regulations are enacted.
This position reports directly to the Director of Financial Reporting & Acquisition Accounting of Applied Industrial Technologies (Applied), a U.S.-based public company traded on the NYSE.
Key Responsibilities:
- Financial Reporting:
- Preparation of quarterly and annual financial statements and reports.
- Ensure all financial reporting complies with generally accepted accounting standards in the United States (US GAAP), U.S. Securities and Exchange Commission (SEC), and other regulatory requirements.
- Support the internal and external auditors for annual audit processes.
- Analyze financial data to identify discrepancies, trends, and financial performance to ensure financial reporting is correct.
- Support the monthly internal financial reporting, including preparation, accumulation, review and publication of the monthly financial statement package.
- Support communication with regulatory agencies and external stakeholders regarding financial reporting matters.
- Technical Accounting Research, Policy and Deployment:
- Monitor accounting standards by keeping updated on new accounting standards and regulations and assessing their impact on the company.
- Provide technical support through offering technical assistance on complex accounting issues, including, but not limited to, revenue recognition, disclosure matters, financial reporting, and regulatory compliance.
- Create and implement accounting policies and procedures in line with industry practices and regulatory requirements.
- Support the implementation of new or updated accounting standards within the organization.
- Collaborate with teams in other functional areas, departments and business units to address technical accounting questions and projects.
- Lead or assist with special projects related to technical accounting, such as implementing new standards or resolving complex accounting issues.