AlamatDescription
Position Summary
The Manager, Derivative Accounting position will play a critical role in managing the accounting and reporting for financial instruments, from recording journal entries to providing required disclosures for SEC filings.
This position will interact with Global Treasury, Tax, Legal, Financial Planning & Analysis, our global accounting teams, and external auditors.
This position will perform technical accounting and SEC research in order to provide management with timely information for decision-making and analysis.
The position will also assist in other significant projects, which vary based on the Company’s business transactions and priorities (e.
g., acquisitions, divestitures, new policies, new types of transactions, tax planning, cash repatriation, foreign currency matters, training initiatives, benchmarking, etc.).
Primary Responsibilities
- Accounting and reporting : managing the accounting activity related to the company’s financial instruments including foreign exchange contracts, cross currency contracts, interest rate swap contracts, and commodity futures and options contracts
- Preparing and reviewing required disclosures to support SEC filings
- Planning and analysis for open, closed, and potential derivative positions
- Monitoring US GAAP and SEC developments and evaluating the impacts of new accounting and reporting rules
- Researching and documenting technical accounting matters, including those related to ASC , Derivatives and Hedging and ASC , Foreign Currency Matters
- Managing derivatives accounting software
- Maintaining appropriate SOX controls over the areas of ownership
- Working with external auditors
- Assisting with projects relating to M&A activity, accounting and reporting, as required
Qualifications
- Bachelor's degree in Accounting; CPA preferred
- Strong knowledge of US GAAP and SEC rules and regulations
- 5+years of experience; some public accounting with emphasis in SEC engagements preferred
- Experience overseeing a team of direct reports preferred
- Ability to effectively lead, manage and prioritize multiple projects, while effectively operating in a fast-paced, complex global organization with shifting schedules and priorities
- Experience with SAP, Hyperion Financial Management, Reval, and / or EKA CTRM a plus
- Detail-oriented with the ability to work efficiently and achieve high quality results
- Excellent analytical, teamwork, customer service and leadership skills
Location(s)
Chicago / Aon Center
