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Methode Electronics · 1 day ago

Manager of Accounting and Reporting

Southfield, MI

Full-time

Onsite

Mid, Senior Level

$108K/yr - $150K/yr

5+ years exp

Methode Electronics is seeking a Manager of Accounting and Reporting to support the Company’s technical accounting, external financial reporting, and global consolidation processes. This role will involve preparing SEC reports, assisting with technical accounting research, and ensuring compliance with accounting policies while collaborating with various teams.

ElectronicsInformation TechnologyManufacturing

Responsibilities

Responsible for the consolidation, preparation, and reporting of external basis financial statements prepared in accordance with U.S. GAAP and compliant with SEC regulations

Responsible for planning and coordinating monthly, quarterly, and year-end close activities

Required to proactively partner with other finance personnel on a global basis to ensure all close related activities are accurately completed on a timely basis

Oversee the monthly global consolidation process in OneStream, including intercompany eliminations, foreign currency translation, integrity of equity accounts, and preparation of consolidated financial statements

Prepare and/or review journal entries, analyses, and reconciliations for consolidation entries, including intercompany loans, dividends, and distributions

Collaborate with global finance teams, including corporate groups such as tax, treasury, and legal, to substantiate changes in equity balances and process or review USD overrides

Coordinate push-down of top-side journal entries to business units’ general ledger in the subsequent month

Perform analytical reviews of operating results to ensure the accuracy of accounting records

Oversee the process of gathering data from subsidiaries ensuring completeness of the monthly consolidation and related quarterly financial statement information

Support system updates and improvements to consolidation processes

Actively engage in designing a system to meet all external financial reporting requirements

Prepare and/or review corporate journal entries for complex technical accounting matters, such as corporate debt, stock-based compensation, and corporate prepaid expenses

Manage the preparation of SEC filings, including, but not limited to Forms 10-Q, 10-K, and registration statements

Prepare and/or review supporting schedules, tie-outs, and disclosure checklists

Propose and implement enhancements to the reporting process

Ensure accuracy and completeness of financial statement footnotes and MD&A sections

Coordinate and/or review XBRL tagging, either internally or through a third-party, as required for filings with the SEC

Coordinate with cross-functional teams to gather information for disclosures

Assist in preparing and reviewing information for earnings releases and investor presentations

Research and document accounting treatment for specific transactions under U.S. GAAP (e.g., revenue recognition, leases, stock-based compensation, debt, derivatives, acquisitions, impairment testing of long-lived assets)

Draft technical accounting whitepapers to document accounting conclusions and accounting policies for review by management and external auditors

Support accounting for goodwill, equity, and liability transactions, with particular emphasis on long-lived asset impairment triggering events, stock-based compensation, and debt arrangements, ensuring accurate valuation, classification, and reporting in accordance with U.S. GAAP

Support accounting for financial derivatives and other complex financial instruments, ensuring proper recognition, measurement, and disclosure in financial statements

Monitor new accounting pronouncements and support adoption efforts across the organization

Supervise and develop staff accountants and/or senior accountants

Drive continuous process improvements and automation

Ensure SOX compliance and strong internal controls over financial reporting areas

Collaborate with external auditors during quarterly reviews and annual audits, including preparation of schedules and responses to auditor inquiries

Complete special projects and miscellaneous assignments as required

Other duties as assigned

Qualification

U.S. GAAPSEC regulationsFinancial reportingConsolidation processesCPAMicrosoft ExcelIntercompany accountingAnalytical skillsFinancial modelingTechnical accountingProcess improvementsCommunication skillsProblem-solving skillsOrganizational skillsAttention to detailTeam collaboration

Required

Bachelor's degree in accounting, finance, or related field; CPA required or in progress

5-8 years of progressive experience in accounting, ideally with a blend of Big 4 public accounting and/or corporate accounting industry roles in a global, multinational environment

Strong knowledge of U.S. GAAP, SEC regulations, and complex accounting matters such as revenue recognition, lease accounting, equity-based compensation, and financial instruments

Experience with a publicly traded global manufacturing or technology company

Experience with multinational operations, foreign currency, and intercompany accounting

Strong communication and interpersonal skills, with the ability to collaborate across functions and regions

Strong attention to detail and organizational skills with ability to meet deadlines

Strong analytical and problem-solving skills

Advanced in using Microsoft office applications, specifically Excel (pivot tables, vlookups, and financial modeling) and Word