Medline
Sr Accountant - Technical Accounting
Medline, Northfield, Illinois, United States,
Job SummaryMedline Industries has an immediate opening for a Senior Accountant on the technical accounting team. The Technical Accounting team under the Medline Global Controllership group is responsible conducting technical guidance research and analyses, implementing new accounting pronouncements, compiling global accounting policies, and driving financial reporting process improvements for the entire Medline organization across more than 100 countries and territories. The Senior Accountant - Technical Accounting role, located in Northfield, IL, will report to the Manager of Technical Accounting.
The Senior Accountant - Technical Accounting role will be primarily responsible for conducting research around complex and technical areas including but not limited to debt and equity accounting, share-based compensation, consolidation and variable interest entities, lease accounting, derivatives and hedging, etc. This role is also responsible for drafting global accounting policies, evaluating and adopting new accounting principles, and reviewing significant contracts for appropriate accounting treatment. Other responsibilities include preparing certain journal entries and account reconciliations, drafting sections of the financial statements and/or footnote disclosures, providing technical research support to other Controllership teams, and ensuring adherence to company policies and procedures and US GAAP.
This is an exciting role in an elite accounting team with exposure to cutting edge accounting and reporting topics and opportunities to collaborate with various business partners globally. The ideal candidate for this role must be team-focused, highly analytical and detail-oriented, possess excellent writing and communication skills, be able to convey highly technical and complex subjects, and be proactively working under tight timeline and multiple workstreams. This role will provide a high degree of visibility and must be a productive business partner.
Job DescriptionPerform accounting research and draft memos for complex transactions. Support the ongoing review of significant contracts (e.g., leasing, restructuring, purchases, financing activities, etc.) and other accounting areas involving significant judgments/estimates by management.Draft global accounting policies, including the adoption of new guidance and related internal controls (e.g., review controls, processes, and thresholds). Work with corporate and cost accounting, FP&A, and other stakeholders to enhance governance and adherence to Medline's accounting policies, standards, and related controls.Serve as the subject matter experts for complex accounting areas, e.g., debt, derivatives/hedging, equity, share-based compensation (ASC 718), lease accounting (ASC 842), financial instruments, credit losses/provisions (ASC 326), IFRS/US GAAP conversion, and other areas as needed.Prepare certain journal entries and account reconciliation for technical accounting areas. Prepare monthly and quarterly schedules to support internal and external reporting, including footnotes to financial statements.Contribute to large-scale projects to implement process improvements and internal controls for financial reporting and technical accounting. Work cross-function to manage change and enhance communications with stakeholders.Support new business initiatives, system integrations, and other major change management impacting financial statements and related systems. Liaise with corporate accounting and global reporting/consolidations as needed on technical accounting and financial reporting matters.Prepare key deliverables for internal and external parties such as CFO and divisional leadership, FP&A/tax/treasury, investors, lenders, tax authorities, auditors, and other stakeholders.Prepare other ad-hoc reporting, requests, and process improvements as needed for technical accounting and reporting areas. Provide other supporting schedules as needed for tax or audit purposes.Evaluate and document the adoption and implementation of new US GAAP pronouncements or amendments.Provide accounting expertise and analyze entity financials, identifying potential audit risks for subsidiaries.Assist with interim and year-end audit schedules and financial statement preparation.Perform other duties and projects as assigned.Minimum Qualifications:
Education
Bachelor's degree in Accounting or Finance.Relevant Work Experience
At least 2 years of Corporate Accounting experience.Additional
Experience applying GAAP knowledge.Advanced level skill in Microsoft Excel (for example: using AVERAGE function, merging and centering cells, printing centered page and/or creating a pivot table).Able to work with large amounts of data.Preferred Qualifications:
Master's degree in Accounting or Finance.CPA strongly preferredPublic accounting experience, with an emphasis in SEC engagements a plus.Experience at a multi-national manufacturer/distribution company.Experience at a large, global company with multiple legal entities and a complex consolidation structure.Strong technical accounting acumen, with proven ability to perform complex accounting research and analysis.Experience applying advanced knowledge level of accounting practices, controls, and systems.Proven analytical, teamwork, leadership skills, and excellent communication skills (written and verbal).Experience with Sarbanes Oxley 404 internal controls implementation or governance.Experience with an external reporting tool (e.g., Workiva's Wdesk platform).Experience working with a consolidation system (Tagetik, Oracle EPM, BPC).Experience with cash flow statement preparation/review.Experience executing change management.Experience with projects and cross-functional collaboration.
Benefits
- Medline is committed to offering competitive benefits and a variety of choices to best meet the needs of you and your family. For employees scheduled to work at least 30 hours per week, this includes health and well-being, financial fitness, career development, paid time off and more. Employees scheduled to work less than 30 hours per week can participate in the 401(k) plan, access the Employee Assistance Program (EAP), Employee Resource Groups (ERG) and Medline Service Corps. For a more comprehensive list of our benefits, please click here.
Every day, we're focused on building a more diverse and inclusive company, one that recognizes, values and respects the differences we all bring to the workplace. From doing what's right to delivering business results, together, we're better. Explore our Diversity, Equity and Inclusion page here.
Medline Industries, LP is an equal opportunity employer. Medline evaluates qualified applicants without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, protected veteran status, disability/handicap status or any other legally protected characteristic.
The Senior Accountant - Technical Accounting role will be primarily responsible for conducting research around complex and technical areas including but not limited to debt and equity accounting, share-based compensation, consolidation and variable interest entities, lease accounting, derivatives and hedging, etc. This role is also responsible for drafting global accounting policies, evaluating and adopting new accounting principles, and reviewing significant contracts for appropriate accounting treatment. Other responsibilities include preparing certain journal entries and account reconciliations, drafting sections of the financial statements and/or footnote disclosures, providing technical research support to other Controllership teams, and ensuring adherence to company policies and procedures and US GAAP.
This is an exciting role in an elite accounting team with exposure to cutting edge accounting and reporting topics and opportunities to collaborate with various business partners globally. The ideal candidate for this role must be team-focused, highly analytical and detail-oriented, possess excellent writing and communication skills, be able to convey highly technical and complex subjects, and be proactively working under tight timeline and multiple workstreams. This role will provide a high degree of visibility and must be a productive business partner.
Job DescriptionPerform accounting research and draft memos for complex transactions. Support the ongoing review of significant contracts (e.g., leasing, restructuring, purchases, financing activities, etc.) and other accounting areas involving significant judgments/estimates by management.Draft global accounting policies, including the adoption of new guidance and related internal controls (e.g., review controls, processes, and thresholds). Work with corporate and cost accounting, FP&A, and other stakeholders to enhance governance and adherence to Medline's accounting policies, standards, and related controls.Serve as the subject matter experts for complex accounting areas, e.g., debt, derivatives/hedging, equity, share-based compensation (ASC 718), lease accounting (ASC 842), financial instruments, credit losses/provisions (ASC 326), IFRS/US GAAP conversion, and other areas as needed.Prepare certain journal entries and account reconciliation for technical accounting areas. Prepare monthly and quarterly schedules to support internal and external reporting, including footnotes to financial statements.Contribute to large-scale projects to implement process improvements and internal controls for financial reporting and technical accounting. Work cross-function to manage change and enhance communications with stakeholders.Support new business initiatives, system integrations, and other major change management impacting financial statements and related systems. Liaise with corporate accounting and global reporting/consolidations as needed on technical accounting and financial reporting matters.Prepare key deliverables for internal and external parties such as CFO and divisional leadership, FP&A/tax/treasury, investors, lenders, tax authorities, auditors, and other stakeholders.Prepare other ad-hoc reporting, requests, and process improvements as needed for technical accounting and reporting areas. Provide other supporting schedules as needed for tax or audit purposes.Evaluate and document the adoption and implementation of new US GAAP pronouncements or amendments.Provide accounting expertise and analyze entity financials, identifying potential audit risks for subsidiaries.Assist with interim and year-end audit schedules and financial statement preparation.Perform other duties and projects as assigned.Minimum Qualifications:
Education
Bachelor's degree in Accounting or Finance.Relevant Work Experience
At least 2 years of Corporate Accounting experience.Additional
Experience applying GAAP knowledge.Advanced level skill in Microsoft Excel (for example: using AVERAGE function, merging and centering cells, printing centered page and/or creating a pivot table).Able to work with large amounts of data.Preferred Qualifications:
Master's degree in Accounting or Finance.CPA strongly preferredPublic accounting experience, with an emphasis in SEC engagements a plus.Experience at a multi-national manufacturer/distribution company.Experience at a large, global company with multiple legal entities and a complex consolidation structure.Strong technical accounting acumen, with proven ability to perform complex accounting research and analysis.Experience applying advanced knowledge level of accounting practices, controls, and systems.Proven analytical, teamwork, leadership skills, and excellent communication skills (written and verbal).Experience with Sarbanes Oxley 404 internal controls implementation or governance.Experience with an external reporting tool (e.g., Workiva's Wdesk platform).Experience working with a consolidation system (Tagetik, Oracle EPM, BPC).Experience with cash flow statement preparation/review.Experience executing change management.Experience with projects and cross-functional collaboration.
Benefits
- Medline is committed to offering competitive benefits and a variety of choices to best meet the needs of you and your family. For employees scheduled to work at least 30 hours per week, this includes health and well-being, financial fitness, career development, paid time off and more. Employees scheduled to work less than 30 hours per week can participate in the 401(k) plan, access the Employee Assistance Program (EAP), Employee Resource Groups (ERG) and Medline Service Corps. For a more comprehensive list of our benefits, please click here.
Every day, we're focused on building a more diverse and inclusive company, one that recognizes, values and respects the differences we all bring to the workplace. From doing what's right to delivering business results, together, we're better. Explore our Diversity, Equity and Inclusion page here.
Medline Industries, LP is an equal opportunity employer. Medline evaluates qualified applicants without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, protected veteran status, disability/handicap status or any other legally protected characteristic.