Senior Manager, Accounting (Reporting)

Worldpac • Oak Brook, IL

22d

About The Position

The Senior Manager – Financial Reporting will manage in the compilation and issuance of the organization’s financial statements ensuring compliance with the company’s accounting policies and procedures, GAAP, and other relevant accounting standards. This role involves recording general ledger (GL) entries during month-end close, coordinating with various departments to ensure accurate financial reporting, consolidation of various ledgers and intercompany accounts and eliminations, working through currency remeasurements and translations, and preparing detailed reports. Creation of various memos and whitepapers documenting and supporting the company’s various accounting positions or conclusions. The position provides oversight of fixed asset and lease accounting. The role requires effective transaction execution, cross-department collaboration, and attention to detail to ensure accurate financial results and operational efficiency.

Requirements

• Structured, organized, and focused, with the ability to work independently and collaborate with cross-functional teams.
• Strong analytical, organizational, conflict resolution, and negotiation skills, particularly in reporting requirements, eliminations and footnote disclosures.
• Ability to analyze data, draw conclusions, and make recommendations related to GL transactions and balance sheet accounts.
• Excellent written and verbal communication skills, with the ability to address inquiries from customers, regulatory agencies, or business stakeholders.
• Proficiency in Microsoft Word, Excel, and ERP systems.
• Bachelor's degree in Accounting, Finance, or related field.
• 7-10 years of financial reporting, experience including creation of footnotes and workpapers.
• Experience creation financial statements and related footnotes, along with creation of accounting memos and whitepapers.
• Proven experience managing month-end close activities and coordinating audit requests, including internal control audits and SOX compliance.
• An equivalent combination of education and experience will be considered.

Nice To Haves

• CPA a plus.
• Familiarity with automation tools for accounting processes is a plus.

Responsibilities

• Create monthly and annual financial statements.
• Creation of footnotes and footnote support.
• Creation of technical memos and whitepapers documenting Worldpac accounting decisions and conclusions.
• Record entries assigned by the Director of Accounting.
• Ensure entries are timely and accurate during the month-end close process and resolve discrepancies.
• Review and manage the various consolidation eliminations, intercompany transaction reconciliation and currency translation.
• Oversight of the companies accounting for fixed assets and leases.
• Identify and implement process improvements related to GL account reconciliation procedures.
• Ensure accounting processes comply with company policies and accounting standards during month-end closing.
• Monitor internal controls and regulatory compliance, ensuring they align with company policies and applicable standards.
• Maintain proper documentation to support monthly, quarterly, and year-end financial close activities.
• Actively participate in month-end close activities.
• Ensure accurate monthly, quarterly and annual financial reporting.
• Coordinate with various departments to gather required data and ensure accurate financial results.
• Collaborate with cross-functional teams to streamline the month-end close process.
• Identify process inefficiencies and recommend improvements.
• Work with other departments, including finance, operations, and IT, to ensure smooth data integration and resolution of discrepancies in the GL.
• Partner with operational teams to provide financial insights and support operational decision-making.
• Assist other departments in understanding and complying with accounting standards and company policies.
• Identify areas for process improvement in accounting functions, including GL entries, reconciliations, and month-end close processes.
• Lead initiatives to automate routine accounting processes, improving accuracy and efficiency.
• Evaluate and implement technological tools or upgrades to streamline accounting workflows and enhance data accuracy.
• Supervise and mentor junior accounting staff, providing guidance and support for their professional development.
• Ensure the accounting team adheres to internal controls and regulatory requirements.
• Assist with quarterly reporting and year-end audits.
• Ensure timely submission of required documentation and responses to auditors.
• Coordinate with external auditors for smooth execution of audit procedures, providing requested documentation and resolving any issues.
• Participate in the preparation of audit schedules and financial statements for external auditors and regulatory filings.
• Creation of whitepapers and memos to document accounting position for audit purposes.
• Provide supporting documentation for GL transactions during audits.
• Supply requested schedules, reconciliations, and materials.
• Ensure all requested documentation is accurate, complete, and provided on time for audit purposes.
• Lead internal control audits and testing requests.
• Ensure compliance with SOX requirements and implement process improvements.
• Monitor adherence to accounting policies and procedures and identify areas of weakness in controls, recommending improvements as needed.
• Oversee the review and testing of controls related to financial reporting to ensure they are working as designed.
• Assist in the research and implementation of new accounting standards and regulatory updates.

Benefits

• Medical, dental, and vision insurance plans to cater to various healthcare needs.
• Health Savings Accounts (HSAs) with company contributions for eligible plans.
• Flexible Spending Accounts (FSAs) for medical and dependent care expenses.
• Employee Assistance Programs (EAP) offering confidential counseling and support services.
• 401(k) retirement plan with company match to assist in future financial planning.
• Life and Accidental Death & Dismemberment (AD&D) insurance for financial security.
• Short-term and long-term disability insurance to protect income during unforeseen circumstances.
• Paid time off, including vacation days and holidays, to encourage rest and personal time.
• Employee discounts on products and services.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 1,001-5,000 employees