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Mallinckrodt Pharmaceuticals · 1 month ago

Director, External Reporting and Accounting Policy

Malvern, PA

Full-time

Hybrid

Director/Executive

10+ years exp

Mallinckrodt Pharmaceuticals is a leading global specialty pharmaceutical company. They are seeking a Director, External Reporting and Accounting Policy to lead the SEC filing processes and oversee technical accounting functions, ensuring compliance with US GAAP and local statutory accounting frameworks.

Biotechnology

Responsibilities

Lead and oversee the Company’s SEC and other external filing processes, internal consolidations and technical accounting function

Oversee and coordinate internal and, where necessary, external accounting technical advisory support to the global enterprise, including with respect to US GAAP and local statutory accounting frameworks

Manage the preparation and review of technical accounting memoranda to support complex accounting conclusions

Oversee and support the completion of annual and event-driven asset impairment testing process over goodwill, intangibles, and long-lived assets, including coordination of external valuation advisors

Lead special projects requiring advanced accounting and project management expertise (e.g., accounting for acquisitions / dispositions, consolidation of variable-interest entities, adoption of new accounting pronouncements, etc.)

Consult with the business development team in reviewing and providing guidance with respect to potential mergers and acquisitions, sales / disposals, in- and out-licensing contracts, etc

Create and maintain accounting policy documents for all critical accounting areas under US GAAP

Analyze similarities and differences between US GAAP and local statutory accounting principles, where applicable, in order to maintain appropriate statutory accounting policies

Monitor new accounting standards or changes to existing standards and assess the impact on the Company’s financial statements, accounting policies, and processes and controls

Lead the implementation of new accounting standards and practices and ensure compliance with industry regulations

Educate the Controller’s division and business partners (e.g., accounting operations, supply chain, treasury, tax, FP&A) on accounting policy changes

Own and manage the global financial reporting process, including the Company’s periodic reports filed with the SEC and / or lenders, benefit plan reports, statutory reporting, equity reporting, pro forma reporting, proxy vote reporting and acquisition and disposition reporting

Manage the Disclosure Committee review of the Company’s periodic reports filed with the SEC, including the presentation and explanation of significant changes to the documents

Manage Form 4 filings on behalf of 'corporate insiders' to report such insiders’ transactions involving Company securities

Support capital market transactions by assisting in the preparation and review of related documents, including offering memoranda and registration statements

Oversee company-wide statutory reporting, including the preparation of monthly, quarterly and annual financial statements in accordance with local statutory rules and regulations, review GAAP to stat adjustments to ensure accuracy and consistency, and manage the filing of all reports within the required filing dates specified by regulatory bodies

Establish and maintain standard operating procedures (SOPs) for the consolidation and reporting processes

Develop and drive consistent and effective policies and procedures during the financial and statutory reporting and monthly/quarterly consolidation processes

Maintain the global financial reporting, statutory reporting and consolidation close calendars. In addition, manage the statutory reporting tracker to ensure compliance with all local statutory requirements and deadlines

Assist with the preparation and review of monthly financial reports, including the Executive, Board of Director, and Audit Committee Packages

Collaborate with and support Investor Relations and other departments in the preparation and review of Investor/Analyst presentations (e.g. Earnings Release and related materials) and other external communications containing financial information

Ad hoc projects as required, including debt and equity offerings, review of peer SEC filings for benchmarking purposes, and recasting of SEC filings for the adoption of new accounting standards or segment changes

Coordinate and manage the monthly global consolidation process to ensure results are reported accurately and on a timely basis

Review monthly consolidation and supplemental consolidation reports of all division financial statements

Design, implement, and manage the quarterly Business Process Reviews (BPRs)

Gain and apply understanding of business operations to support the identification of financial and operational trends and related variations in accounts as well as the identification/correction of possible reporting inconsistencies

Manage the preparation and submission of mandatory governmental forms

Maintain appropriate SOX process and control documentation, ensure the proper design/execution of internal controls, and assists in the coordination of SOX control testing with Internal/External auditors

Manage all third-party experts and vendors engaged to assist with statutory reporting, benefit plans, consolidations and financial reporting

Support the overall coordination of the quarterly review and annual audit with outside auditors; including the timing of audits, providing leadership to financial reporting and accounting departments in preparation of work papers, and coordination of responses to questions

Drive continuous improvement initiatives throughout the consolidation and reporting processes

Qualification

CPA CertificationUS GAAP accountingFinancial reportingConsolidations accountingHFMSAPXBRLStatutory reportingAnalytical skillsMultitasking skillsOrganizational skillsCommunication skillsAttention to detail

Required

B.S. degree in Accounting or Finance

CPA Certification

10+ years of experience in accounting; including 2 - 5 years of public accounting experience

Experience with HFM

Experience working in a Windows environment. Proficient in MS Office Suite, particularly MS Excel

Experience with XBRL

Experience with SAP

Expert knowledge in US GAAP accounting

Strong knowledge and experience with financial reporting and SEC filings

Thorough knowledge and experience with consolidations accounting

Proficient in statutory reporting requirements

Strong communications, analytical, organizational and planning skills

Organizational and multitasking skills with attention to details

Demonstrated ability to manage deadlines and perform in a fast-paced environment

Ability to quickly comprehend and accurately analyze issues with a variety of concrete variables in situations where only limited standardization exists

Ability to comprehend requests furnished in written, oral, diagram or schedule form

Able to deal effectively with all employees and external business contacts while conveying a positive service-oriented attitude

Maintain complete confidentiality and discretion in business relationships and exercise sound business judgment

Desire to learn new topics and resolve problems

Willingness to work outside defined functions of position when necessary

Ability to deal with ambiguity and formulate solutions

Ability to identify areas for improvement and drive positive process changes