Director, Divisional Accounting

ITOCHU International Inc • New York, NY

4h

About The Position

This position is responsible for reviewing and monitoring subsidiaries and affiliates financial & business accounting and control activities for all newly acquired subsidiaries/affiliates. The role and responsibilities will also include performing on-site operational accounting review and analysis of subsidiaries and affiliates. The role will provide M&A support related to financial due diligence, PPA and post-merger integration.

Requirements

• Candidate should have 15 - 20 years of relevant experience (including at least 4+ years of public experience) and a professional accounting certification (CPA) is required.
• Candidate should have proven experience in the area of financial statement preparation, researching, applying and communicating accounting pronouncements, and operational accounting.
• Individual should possess strong interpersonal and analytical skills and an advanced knowledge of accounting is required.
• Strong documentation, process improvement, and change‑management skills are required.
• The position requires travel and secondment assignments.

Nice To Haves

• Familiarity with IFRS is a plus.
• Experience in wholesale, import/export or distribution organizations is preferred.

Responsibilities

• Performs Operational Accounting Reviews of Subsidiaries and Affiliates. Review key areas includes the onboarding processing (first 100 days), assessment of the newly acquired company’s past practices against III’s expectations for accounting and financial statement reporting as well as reviewing assumptions in the company’s key business.
• Support the Trading Divisions and Subsidiaries and affiliates in directing and managing the Financial Due Diligence process, Post Merger integration process, Purchase Price allocation and Valuation, Opening Balance Sheet and Working capital review. Work with the VP Accounting to support and lead the M&A playbook.
• Support the preparation and development of accounting, credit, financial closing and reporting policies and procedures manuals for the newly acquired subsidiary/affiliate. On an as needed basis, research new and/or changes to current accounting pronouncements and requirements for the newly acquired entity. Act as a resource for the subsidiary CFO/Controllers, providing support on financial reporting, accounting governance, and operational improvements.
• Lead special projects such as on-site Financial Accounting/Governance integration for new acquisitions, Subsidiary CFO/Controller organization improvements, supporting the external audit, and/or other special assignments.
• Support the annual external audit and preparation of the external consolidated audited financial statements.
• Partner with cross-functional teams (Legal, Tax, Treasury, HR, IT) to ensure effective acquisition onboarding, integration governance, and policy compliance.
• Under the direction of the VP of Accounting, and/or Controller, work with the Trading divisions (and/or subsidiaries) to support special projects including future secondments to III’s subsidiary/affiliate.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed