Sr. Director, Accounting and Financial Reporting

Fresenius Medical Care • Waltham, MA

6d

About The Position

The Sr. Director, Accounting and Financial Reporting oversees accounting and financial reporting for the CE reportable segment, including its NxStage, MSC, and Supply Chain component businesses. The role provides strategic leadership for accounting supporting Manufacturing, Selling, and Marketing operations, and is responsible for the integrity and accuracy of financial reporting in accordance with IFRS, company policies, and regulatory requirements. The position plays a critical role in shaping and building the finance and accounting functions and maintaining effective internal controls and financial governance.

The role leads 8–10 Accounting Managers and senior leaders, develops talent and succession plans, and oversees accounting operations through subordinate managers. It oversees close and consolidation activities, financial reporting packages, balance sheet reconciliations, and technical accounting matters. Key functions also include intercompany transactions, inventory valuation, foreign currency translation, hedging, external audit support, and internal controls.

The Sr. Director partners with Global Business Services (GBS) leadership and other stakeholders to develop offshore accounting resources, improve capabilities, and establish scalable service delivery. The role drives process improvement, automation, standardization, and transformation initiatives, while collaborating with executive leadership and cross-functional partners. It is also responsible for department staffing, organizational design, resource allocation, expense management, and liaison with external auditors. Travel may be required.

Requirements

• Bachelor’s degree required.
• At least 10 years of related experience.
• At least 5 years of experience as a manager or in a functional management role.
• Demonstrated experience managing one or more departments.
• Strong computer skills, including proficiency with word processing, spreadsheets, databases, presentation, and email applications.
• Proficiency with ERP, CPM, and analytical reporting systems.
• Concrete knowledge of IFRS, SOX, and other regulatory requirements.
• Excellent leadership and interpersonal skills, with the ability to communicate effectively with all levels of management and staff.
• Strong attention to detail, analytical skills, and organizational skills.

Nice To Haves

• Advanced degree.
• Certified Public Accountant (CPA) license.
• Experience in a multi-location accounting environment.
• Experience with systems such as SAP, Oracle Hyperion Enterprise, or BEx.

Responsibilities

• Provide strategic leadership for accounting activities supporting Manufacturing, Selling, and Marketing operations in the CE reportable segment.
• Lead and direct a team of 8–10 Accounting Managers and senior leaders, fostering accountability, collaboration, continuous improvement, and talent development.
• Coach and mentor managers and high-potential employees and conduct succession planning.
• Oversee accounting operations through subordinate managers to ensure business processes, operational objectives, and compliance requirements are met.
• Ensure the integrity and accuracy of financial reporting in compliance with IFRS and company accounting policies.
• Provide technical accounting guidance on complex accounting matters, IFRS requirements, new standards, and financial reporting issues.
• Establish, maintain, and enhance SOX controls, financial governance processes, and risk management practices.
• Oversee month-end, quarter-end, and year-end close and consolidation activities.
• Direct preparation, review, and analysis of financial reporting packages, disclosures, account reconciliations, and supporting documentation.
• Partner with, review the work of, and develop GBS accounting operations.
• Work with GBS leadership to develop offshore resources, improve technical accounting capabilities, strengthen operations, and establish scalable service delivery models.
• Lead training, coaching, and knowledge transfer for GBS teams on policies, IFRS, controls, reconciliations, and reporting expectations.
• Drive accounting process improvement, automation, and standardization using technology, data analytics, AI-enabled solutions, and shared services.
• Establish and monitor performance metrics for operational effectiveness, service quality, compliance, and continuous improvement.
• Collaborate with executive leadership, Finance, Operations, Tax, Treasury, Internal Controls, and other business partners on strategic initiatives and organizational transformation.
• Lead cross-functional and cross-regional projects involving process improvements, systems implementations, organizational effectiveness, and accounting transformation.
• Manage department staffing, organizational design, resource allocation, and expenses.
• Serve as the CE reportable segment’s primary liaison with external auditors; coordinate audits, manage requests, review findings, and ensure timely resolution.
• Partner with Internal Audit, Compliance, and Corporate Accounting on governance, risk assessments, and regulatory compliance.
• Promote employee engagement, development, inclusion, accountability, and professional growth.
• Oversee financial reporting, GBS and stakeholder partnerships, and accurate balance sheet reconciliation for the CE segment component businesses.
• Oversee intercompany transactions, inventory valuation, foreign currency translation, hedging, external audit support, and internal controls.
• Assist with special projects and strategic initiatives and perform other duties as assigned.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• 401(k) with company match
• Paid time off
• Parental leave
• Potential performance-based bonuses depending on company and individual performance

What This Job Offers

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