A leading publicly traded, global corporation is seeking a Director of Technical Accounting to lead and oversee complex accounting initiatives for the organization. The Director of Technical Accounting is critical in ensuring compliance with U.S. GAAP and international accounting standards while providing strategic guidance on complex technical accounting matters. The ideal candidate will partner with executive leadership, internal teams, and external auditors to address intricate accounting transactions, drive process improvements, and support accurate and timely financial reporting across global operations.
Responsibilities:
- Lead the technical accounting function, providing expertise on complex transactions, including revenue recognition, leases, mergers and acquisitions, derivatives, and other specialized areas across multiple jurisdictions.
- Interpret and implement new accounting standards and provide guidance to finance and accounting teams on their application globally.
- Review, analyze, and approve complex journal entries, accounting policies, and disclosures to ensure compliance with corporate and international reporting standards.
- Collaborate with external auditors and regulatory bodies during planning, fieldwork, and reporting phases; manage inquiries and support audit deliverables.
- Draft and maintain technical accounting memos, white papers, and position papers to support accounting conclusions.
- Advise business leaders on the accounting and reporting impacts of strategic decisions, including business combinations, joint ventures, and significant contracts.
- Partner with financial reporting teams to ensure timely and accurate preparation of financial statements and management reports.
- Lead, mentor, and develop a team of accounting professionals, fostering a culture of accuracy, compliance, and continuous improvement.
- Monitor industry developments, regulatory changes, and best practices to ensure the organization remains compliant and proactive in its accounting policies.
Qualifications:
- Bachelor’s degree is required
- CPA designation is preferred
- Previous public accounting experience is mandatory
- Minimum 7+ years of progressive accounting experience, including technical accounting within publicly traded companies.
- Strong knowledge of U.S. GAAP and accounting standards updates, with IFRS being a nice to have.
- Experience with complex accounting transactions such as business combinations, derivatives, leases, and stock-based compensation.
- Excellent analytical, problem-solving, and communication skills, with the ability to translate technical accounting matters to non-financial stakeholders.
- Proven leadership experience, with the ability to manage and mentor a team of accounting professionals.
- Proficiency with accounting and reporting systems (e.g., Workiva, Oracle, SAP, or similar)