Technical Accounting Manager

ADTRAN•Huntsville, AL

67d

About The Position

The Technical Accounting Manager will work under the direction of the Vice President and Global Corporate Controller to drive Adtran's technical accounting function. This role will be responsible for assisting with the timely identification, evaluation, and resolution of complex accounting matters arising from Adtran's ongoing business operations as well as significant strategic transactions and acquisitions. Key areas of focus include consolidation analyses supporting Adtran's legal entity structure, currency translations, derivative and hedging transactions, revenue recognition, lease accounting, and impairment analyses, among others. The Technical Accounting Manager will collaborate extensively across Adtran functions and teams-including Global Corporate Accounting, Legal and Entity Compliance, Tax, Human Resources, Internal Audit, and External Auditors. The role will also provide direct support to the SEC reporting team on financial statement disclosure requirements, business functions on new investment structures and transactions, and the Corporate Accounting team to ensure complete and accurate recording of transactions to the general ledger.

Requirements

Bachelor's degree, Required
Concentration in Accounting or Finance, preferred
Minimum of 5-7 years of overall relevant experience, required
Progressive experience in public accounting, technical accounting policy, and/or SEC reporting, preferred
In-depth knowledge of US GAAP, with demonstrated proficiency in technical accounting research, analysis, and documentation
Working knowledge of IFRS accounting standards including key differences between IFRS and US GAAP
Experience applying accounting guidance in key areas including consolidation, revenue recognition, lease accounting, fair value measurement, stock-based compensation, and acquisition accounting
Experience working in a publicly traded company with knowledge of SEC financial reporting requirements, including periodic filings (10-K, 10-Q) and specialized rules (e.g. Rule 3-05, Rule 3-09, etc.)
Experience with internal control compliance (SOX 404)
Strong analytical and problem-solving skills, with ability to apply technical accounting guidance to complex and novel transactions
Excellent written and oral communication skills, including drafting high-quality technical memos and presenting accounting conclusions to non-technical stakeholders and senior leadership
Ability to influence and collaborate effectively with both domestic and international colleagues in multiple countries across multiple time zones
Highly organized and detail-oriented, with proven ability to manage multiple priorities and deliver high-quality work under tight deadlines
Demonstrated initiative, intellectual curiosity, and adaptability in a dynamic, fast-paced environment

Nice To Haves

Industry background in telecommunications including manufacturing operations considered a strong plus

Responsibilities

Conduct technical accounting research, prepare accounting analyses, and collaborate with external auditors in addressing technical accounting matters that arise during Adtran's business operations and strategic transactions.
Serve as a GAAP accounting liaison across Adtran, including but not limited to: Global Corporate Accounting, Tax, Legal and Entity Compliance, Human Capital Management, Treasury, and Internal Audit.
Prepare revenue recognition analyses in accordance with ASC 606 for new fee arrangements, including reviewing contractual terms, identifying performance obligations, and evaluating timing of revenue recognition.
Review SEC and BaFin quarterly and annual filings for compliance with US GAAP and IFRS including completion of the disclosure checklist.
Support the quarterly and annual impairment analyses for goodwill and other intangibles in accordance with ASC 350 and long-lived assets as needed in accordance with ASC 360.
Support other technical accounting areas as needed, including: fair value, stock-based compensation, derivative and hedging transactions, other employee compensation, acquisition accounting (including goodwill and intangible assets), non-controlling interests, earnings per share, and non-GAAP / segment reporting.
Monitor, assess, and coordinate the adoption of new accounting and SEC pronouncements as well as industry trends in accounting and financial reporting, including the implementation of relevant internal controls.
Draft and maintain Adtran's formal accounting policies, as well as performing refreshed risk assessments, communicating new and revised policy documents, and supporting training.
Draft transaction-specific accounting position memos and support communication to relevant functions.
Support internal control compliance (SOX 404) within the accounting policy function.
Support quarterly SEC filings to confirm proper reporting and disclosure of key accounting transactions.
Collaborate on the identification and implementation of scalable technology and other solutions to improve efficiency and effectiveness within the accounting policy function and across Adtran.