Associate Director, Technical Accounting

Kimberly-Clark • Dallas, TX

21h • $185,780 - $240,140 • Hybrid

About The Position

You’re not the person who will settle for just any role. Neither are we. Because we’re out to create Better Care for a Better World, and that takes a certain kind of person and teams who care about making a difference. Here, you’ll bring your professional expertise, talent, and drive to building and managing our portfolio of iconic, ground-breaking brands. In this role, you’ll help us deliver better care for billions of people around the world. It starts with YOU. The Associate Director Technical Accounting will report to the Director of SEC Reporting and is responsible for managing the Company’s global technical accounting function and ensuring compliance with U.S. GAAP and IFRS (as applicable) accounting and reporting requirements. This role will drive the strategic technical accounting initiatives of the Controllership function and serve as the key point of contact for the Company’s accounting, finance, and operational functions and partner with all aspects of the business to ensure relevant technical accounting matters and other business considerations are properly identified, defined, investigated, and resolved. Other responsibilities include overseeing the accounting for, and compliance with, the Company’s reorganization efforts, business acquisitions/divestitures, including the technical accounting for and integration of Kenvue, Inc., annual impairment evaluations, technical oversight of pension, stock-based compensation, derivatives, and other complex accounting areas, assistance with new accounting standards implementation, and supporting other projects as necessary. In this role, you will: As the primary point of contact and subject matter expert for complex accounting issues, lead technical accounting oversight, support, and risk analysis to corporate accounting, finance, and operational functions for new or evolving operating and business environments, strategic initiatives, and transactions with customers and vendors (including for new areas of accounting). This will include leading the acquisition and integration efforts associated with the recently announced acquisition of Kenvue, Inc., including driving completion of purchase accounting and related valuation activities under ASC 805, drafting of technical accounting memos, retention of key evidence and documentation to support the effectiveness of the Company’s internal control environment, and oversight of the strategic integration and alignment of Kenvue’s accounting policies with K-C’s. Manage the technical accounting oversight of recurring and complex accounting areas including for pensions, stock-based compensation, derivatives, currency translation, assets held for sale, leases and equity method accounting and related reporting. Lead the accounting oversight of the Company’s announced or comprehended restructuring initiatives, including ensuring compliance with U.S. GAAP, internal policies, and the related controls environment. Develop the strategic implementation plans and manage the technical accounting and reporting implications of one-time projects, acquisitions (and related purchase accounting) and divestitures, and new accounting standards. Where necessary, present the implications and conclusions surrounding these items to senior management including the Vice President and Corporate Controller and Chief Financial Officer. As the primary subject matter expert for the Company’s technical accounting function, lead all technical research efforts and drive the completion of the Company’s technical accounting memos for new or complex matters, including coordination with the Company’s external auditors to ensure alignment on key matters in an efficient manner. Ensures K-C adherence to applicable accounting standards and internal policies by leading the accounting assessments for complex areas including goodwill and other intangibles impairment, long-lived asset impairment, segment reporting, and restructuring accounting. Support consistent application of established Corporate Financial Instructions (“CFI’s”) and financial controls and assist in changes or additions to these CFI’s where applicable.

Requirements

• Minimum 10+ years of relevant technical accounting and reporting experience is necessary for this position.
• Active CPA license is required.
• Broad and extensive knowledge of technical accounting, SEC reporting requirements, U.S. GAAP and auditing principles.
• Experience in a multinational public company of similar size to Kimberly-Clark and/or a “Big 4” accounting firm is required.
• Strong organizational skills to manage multiple priorities, and competing time demands, and strong oral, written, and presentation skills to deliver effective communications and presentations to varying levels of audience (including senior and executive leadership).
• Ability to collaborate and build trust with key customers and stakeholders and a desire to leverage his/her technical accounting knowledge to drive resolution to key business issues in unique and creative ways.
• Educational requirements can be met by a masters degree or better with a background in accounting.

Responsibilities

• As the primary point of contact and subject matter expert for complex accounting issues, lead technical accounting oversight, support, and risk analysis to corporate accounting, finance, and operational functions for new or evolving operating and business environments, strategic initiatives, and transactions with customers and vendors (including for new areas of accounting). This will include leading the acquisition and integration efforts associated with the recently announced acquisition of Kenvue, Inc., including driving completion of purchase accounting and related valuation activities under ASC 805, drafting of technical accounting memos, retention of key evidence and documentation to support the effectiveness of the Company’s internal control environment, and oversight of the strategic integration and alignment of Kenvue’s accounting policies with K-C’s.
• Manage the technical accounting oversight of recurring and complex accounting areas including for pensions, stock-based compensation, derivatives, currency translation, assets held for sale, leases and equity method accounting and related reporting.
• Lead the accounting oversight of the Company’s announced or comprehended restructuring initiatives, including ensuring compliance with U.S. GAAP, internal policies, and the related controls environment.
• Develop the strategic implementation plans and manage the technical accounting and reporting implications of one-time projects, acquisitions (and related purchase accounting) and divestitures, and new accounting standards. Where necessary, present the implications and conclusions surrounding these items to senior management including the Vice President and Corporate Controller and Chief Financial Officer.
• As the primary subject matter expert for the Company’s technical accounting function, lead all technical research efforts and drive the completion of the Company’s technical accounting memos for new or complex matters, including coordination with the Company’s external auditors to ensure alignment on key matters in an efficient manner.
• Ensures K-C adherence to applicable accounting standards and internal policies by leading the accounting assessments for complex areas including goodwill and other intangibles impairment, long-lived asset impairment, segment reporting, and restructuring accounting.
• Support consistent application of established Corporate Financial Instructions (“CFI’s”) and financial controls and assist in changes or additions to these CFI’s where applicable.

Benefits

• Great support for good health with medical, dental, and vision coverage options with no waiting periods or pre-existing condition restrictions.
• Access to an on-site fitness center, occupational health nurse, and allowances for high-quality safety equipment.
• Flexible Savings and spending accounts to maximize health care options and stretch dollars when caring for yourself or dependents.
• Diverse income protection insurance options to protect yourself and your family in case of illness, injury, or other unexpected events.
• Additional programs and support to continue your education, adopt a child, relocate, or even find temporary childcare.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level