Specialist, Accounting & Controllership

Role Purpose

Carrier is seeking an Accounting Specialist to join our Carrier Commercial Services (CCS) division of Carrier Corporation. As a subsidiary of Carrier, we provide comprehensive HVAC maintenance and repairs for commercial buildings, schools and retail spaces with a focus on optimizing performance, energy efficiency and sustainability.

In this role you will work within the CCS Accounting team and with other cross-functional teams to ensure business operations are smooth and that accounting & reporting are timely and accurate.

This position follows a hybrid schedule, with 3 days onsite and 2 days remote per week.

Role Responsibilities

Responsibilities include, but are not limited to:

• Support the month end closing & reporting processes to ensure accuracy of financial reporting

• Complete timely account reconciliations and ensure their quality complies with Carrier standards

• Quarterly review of open AR and recording allowance for bad debt and dispute reserve per policy, preparation of the supplemental and account reconciliations.

• Sales Incentive Accounting including monthly accruals for all programs, reconciliation of accruals, payouts and recording any necessary true ups

• Manage key reserves including the Warranty reserve transferred from Applied, the EAC loss reserve by reviewing open projects with negative margin and adjusting the reserve based on the total estimated project costs; and calculating the Net Asset Exposure to reverse revenue recognized on overbilled dormant projects.

• Reconciliation of the Startup clearing account to ensure CCS has been reimbursed by DSO for all Start up billings

• Project accounting and revenue recognition oversight

• Assist with month over month and YTD flux analysis and reporting to CSA Controller and WHQ

• Manage restructuring accounting, reporting of utilization and quarterly reserve review with WHQ

• Assisting with M&A activities related to finance integration when required

• Provide accounting support when required for special projects such as account reconciliation rec item review

• Assist with regulatory reporting coordinated by WHQ and Tax (Federal and State packages, BE-125, CQ2, AIES, lobbying, BOD affiliates, Property Collection Review for risk mgmt.)

• Participate in finance and digital (DT) projects, offering support for system implementations, upgrades, and enhancements

• Maintain standard work documentation of accounting processes and procedures to ensure knowledge continuity