Sr. Director, Accounting and Financial Reporting

Fresenius Medical Care • Waltham, MA

4d

About The Position

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

The position leads a team of 8–10 Accounting Managers and senior leaders, develops organizational capability through coaching and succession planning, and oversees accounting operations through subordinate managers. It serves as the segment’s primary technical accounting resource and external-audit liaison, while maintaining a robust SOX control environment and partnering with Global Business Services (GBS) to develop offshore accounting capabilities and scalable service delivery.

The role oversees close and consolidation activities, financial reporting packages, account reconciliations, and related supporting documentation. It drives continuous improvement, automation, standardization, and accounting transformation, including the use of technology, data analytics, and AI-enabled solutions. The position also collaborates across executive leadership, Finance, Operations, Tax, Treasury, Internal Controls, Internal Audit, Compliance, and Corporate Accounting; manages department staffing, organizational design, resource allocation, and expenses; and promotes employee engagement, inclusion, accountability, and professional development. 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 word processing, spreadsheet, database, presentation, and email applications.
• Proficiency with ERP, corporate performance management (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.
• Detail-oriented, with strong analytical and organizational skills.

Nice To Haves

• Advanced degree.
• Certified Public Accountant (CPA) license.
• Prior 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, ensuring effective execution of business processes and compliance with corporate policies and regulatory requirements.
• Maintain the integrity and accuracy of segment financial reporting in accordance with IFRS and company accounting policies.
• Provide technical accounting guidance and interpretation on complex accounting matters, IFRS requirements, new accounting standards, and 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 the preparation, review, and analysis of financial reporting packages, externally reported statements and disclosures, account reconciliations, and supporting documentation.
• Partner with GBS leadership to develop offshore accounting resources, improve technical competencies, strengthen operations, and establish scalable service delivery models.
• Lead GBS training, coaching, and knowledge transfer on accounting policies, IFRS, controls, reconciliations, and reporting expectations.
• Drive continuous improvement, automation, and standardization across accounting processes, using technology, data analytics, AI-enabled solutions, and shared-service capabilities.
• Establish and monitor performance metrics for operational effectiveness, service quality, compliance, and improvement initiatives across onshore and offshore teams.
• Collaborate with executive leadership and business partners to support strategic initiatives, growth objectives, and organizational transformation.
• Lead cross-functional and cross-regional projects involving process improvement, systems implementation, organizational effectiveness, and accounting transformation.
• Manage department staffing, organizational design, resource allocation, and expense management.
• Act as the CE segment’s primary liaison with external auditors, coordinate audits, manage requests, review findings, and ensure timely resolution of issues.
• Partner with Internal Audit, Compliance, and Corporate Accounting on governance, risk assessments, and regulatory compliance.
• Promote employee engagement, development, inclusion, accountability, and opportunities for professional growth.
• Support special projects and strategic initiatives as assigned and perform other duties as assigned.
• Oversee financial reporting, GBS and stakeholder partnerships, balance sheet reconciliations, intercompany transactions, inventory valuation, foreign currency translation, hedging, external audit support, and internal controls for the CE segment component businesses.

Benefits

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

What This Job Offers

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