Senior Manager, Global Consolidations

Terex • Norwalk, CT

330d • $146,400 - $219,600

About The Position

Lead the financial consolidation process for the Terex Corporation globally ensuring timely and accurate preparation of consolidated financial statements in compliance with US GAAP.

Requirements

• Undergraduate and/or graduate degree in Accounting or Finance
• Minimum of 10 years of experience in financial consolidation, with a strong background in US GAAP-compliant group reporting.
• In-depth knowledge of US GAAP standards, especially those relating to consolidation (e.g., ASC 805 Business Combinations, ASC 810 Consolidation, ASC 830 Foreign Currency Matters).
• Excellent analytical skills with the ability to interpret financial data and provide insights.
• Proven ability to lead and mentor a team, fostering a collaborative and high-performance work environment.
• Strong communication and presentation skills, with the ability to convey financial insights to senior management.
• Ability to identify issues in consolidation processes and implement effective solutions.

Nice To Haves

• Experience with consolidation software and ERP systems is highly preferred (e.g., Hyperion Financial Management, OneStream)
• CPA and/or CMA designation preferred, but not required.

Responsibilities

• Review and validate consolidation adjustments, including eliminations of intercompany profit in inventory, intercompany transactions, and balances.
• Prepare and review monthly, quarterly, and annual consolidated financial statements, ensuring accuracy and completeness.
• Conduct variance analysis on consolidated financial statements, identifying key drivers and providing insights for management.
• Collaborate with Treasury, Legal and Tax to address all accounting concerns and impact of intra-legal entity transactions.
• Collaborate with FP&A to align financial reporting with budgets, forecasts, and strategic objectives.
• Serve as the point of contact for external auditors regarding consolidation-related matters.
• Present financial data and insights to senior management, addressing queries and supporting strategic decision-making.
• Manage, coach, and mentor a team of consolidation specialists to ensure high performance.
• Foster a culture of continuous improvement and identify opportunities to enhance the consolidation process through automation, tools, and best practices.

Benefits

• Health insurance (medical, dental, vision, Rx)
• Life insurance
• Accidental death & dismemberment (AD&D)
• Short-term and long-term disability
• Extended leave options
• Paid time off
• Company holidays
• 401k matching
• Employee stock purchase plan
• Legal assistance
• Wellness programs
• Tuition reimbursement
• Discount programs

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Machinery Manufacturing
• Education Level: Bachelor's degree