Sr Advanced Accountant- Consolidations
About this role
The Consolidations Senior Advanced Accountant is responsible for helping to lead the company's global consolidation function. This position will independently own significant elements of the monthly, quarterly, and annual consolidation process and help ensure accurate, timely, and compliant financial reporting in accordance with U.S. GAAP, SEC, and Sarbanes-Oxley requirements. The role will partner across the organization to resolve complex consolidation matters, improve processes, and maintain the integrity of the Company’s financial information. The successful candidate will be a detail oriented, hands-on subject-matter expert, with a continuous improvement mindset. Successful candidate will be self-motivated, accountable for the review and overall quality of the team's work product, and who enjoys working in a collaborative environment.
JOB DUTIES:
Independently own and execute significant consolidation activities, including intercompany eliminations, foreign currency translation, equity roll forwards, topside entries, and other complex consolidation adjustments.
Review journal entries, account analyses, consolidation reports, and supporting documentations prepared by team members; identify issues, provide direction, and drive timely resolution.
Monitor the consolidation close calendar, coordinate dependencies across teams, establish timelines and deliverables, escalate risks, and help ensure milestones are achieved.
Prepare and review consolidated financial results, including statement of cash flow, for accuracy, completeness, unusual trends, and consistency with underlying business activity; communicate findings and recommended actions to management.
- Aide in maintaining and validating HFM consolidation structures and processes, including entity hierarchies, ownership structures, chart-of-accounts mappings, translation settings, consolidation rules, journals, and reporting outputs.
- Alongside Consolidations Sr. Manager, Co- Lead compliance with SEC, US GAAP and Sarbanes Oxley regulations
- Alongside Consolidation Sr. Manager, Co-Lead when providing information to other departments, management and/or external auditors
- Evaluate business situations and generate ideas for solutions; analyzes the potential effect or impact of each solution; selects appropriate solutions driving continuous improvement.
Prepare and review consolidated financial information, supporting schedules, and financial statement footnote documentation used in Forms 10-K, 10-Q, and 8-K, earnings materials, and management reporting
Mentor more junior team members
Core HFM Duties
Financial Consolidation
Support management of monthly, quarterly, and annual consolidation processes
Execute and review intercompany eliminations
Perform foreign currency translation and CTA analysis
Process consolidation adjustments and top-side journal entries
Assist with maintaining ownership structures and entity hierarchies
Analyze consolidated financial results and variances
Reporting & Smart View
Develop and maintain Smart View reports
Perform ad hoc analysis and data extraction
Troubleshooting & Problem Solving
Investigate consolidation discrepancies
Research out-of-balance intercompany accounts
Resolve foreign exchange translation issues
Core FDMEE Duties
Data Integration Management
Support the data movement from ERP systems into HFM/EPM applications
Support the execution of Importing, Validating, Exporting, and Loading processes
Mapping and Data Governance
Review mapping changes related to chart of accounts updates
Understand the impact of mapping changes on financial reporting
Financial Reconciliation
Reconcile ERP balances to HFM results
Help analyze and resolve data integrity issues
Month-End Close Support
Assist with monitoring load schedules and close dependencies
Assist with managing data submission timelines across business units
YOU MUST HAVE:
- 6+ years of experience in accounting or financial related positions.
- 4+ years of experience in the consolidation processes & U.S. GAAP
- Working experience in financial reporting software (e.g.,Hyperion , expert level preferred-HFM, Workiva, Microsoft suite).
WE VALUE:
- A mix of public accounting and industry experience.
- Experience in multinational public company environment, preferably in a global organization.
- Working knowledge of reporting process related to eliminations, including intercompany eliminations, foreign currency transactions, topside entries.
- Working knowledge of financial systems/applications (e.g., Hyperion, HFM, Workiva).
- Demonstrated skills in financial analysis and communication/business writing.
- Ability to adapt to changing environments and think creatively.
- Strong organizational skills and ability to manage tasks by priority.
WHAT'S IN IT FOR YOU:
- Own processes related to the monthly, quarterly, and year-end close periods.
- Opportunity to leave a legacy through identification and implementation of continuous process improvements.
- Leadership coaching and development opportunities to ensure you are set up for success and prepared for the next step in your career.
- Contribute to the evolution of our reporting ecosystem by leveraging AI and automated workflows to modernize our standard procedures.
- Be seen and heard with encouragement and empowerment to make decisions.
- Be your AUTHENTIC self.
- Leverage your expertise to build and improve Resideo' s culture and processes.
Originally posted on Himalayas
