HUB International
Technical Accounting Manager
HUB International, Chicago, Illinois, United States, 60290
About Us
Hub is the 5th largest global insurance and employee benefits broker, with over $5 billion in revenue and more than 17,000 employees in 600 offices throughout North America. Our success, particularly in mergers and acquisitions, has driven our significant growth. We are a team of entrepreneurs dedicated to protecting and supporting the aspirations of individuals, families, and businesses. We help our clients evaluate their risks and tailor solutions to their needs. Our organization empowers employees to learn, grow, and make a difference while benefiting from the resources of our corporate centers of excellence.
Role Overview:
We are seeking a skilled and motivated Technical Accounting Manager. Reporting to the Director of Technical Accounting, you will research GAAP and SEC requirements related to new accounting standards as well as new business situations and document conclusions in accounting memos and policies. The Technical Accounting Manager will become involved with all aspects of technical accounting and policy matters but initial focus will be on updating, expanding, maintaining and improving upon Hub’s current suite of accounting policies and memos as we prepare for public company accounting, reporting and control requirements.
Key Responsibilities:
Adoption of new accounting standards – including research, analysis, documentation and implementation which may require working with corporate accounting, regional finance teams or the Hub Financial Center
Address accounting impact of new business issues – growth of the business and expansion into new products and services frequently leads to a need for research, analysis, documentation and implementation similar to what is required when new accounting standards are issued
Accounting policy development and maintenance including –
Document, maintain and improve Hub’s accounting and corporate policies including update of stale policies and drafting of new policies where needed
Assist with rollout of new policies to corporate and regional finance teams resulting from new accounting standards, technical guidance, or interpretations.
Complex analysis and audit support including –
Goodwill and intangible asset impairment analysis
Lease right of use asset impairment analysis
GAAP disclosure checklist
Debt extinguishment vs modification
Share based compensation matters
Various revenue and lease accounting matters
Acquisition accounting
External financial reporting support including –
Assist the financial reporting team in drafting new financial statement disclosures related to new accounting standards and new business issues
Assist management in review of quarterly and annual financial statements
General accounting support – participate in monthly close activities as requested
M&A transaction support – assist with evaluating accounting alternatives and impacts related to the Company’s M&A activities including ASC 805 journal entries
Ad hoc questions from the field – assist with research and documentation of complex accounting issues escalated from the accounting staff and provide guidance on technical accounting matters as needed
Review of contracts – review customer and carrier agreements as needed to consider the accounting implications of new types of arrangements
Build strong relationships with all levels of the finance staff at field and corporate locations. Collaborate with the M&A team serving as a resource for resolving technical accounting questions and issues.
Qualifications & Experience:
Bachelor’s degree in accounting
CPA strongly preferred
Four to eight years total experience with minimum of four to six years in a Big Four or second-tier national public accounting firm including both public and private clients
In depth knowledge of GAAP and SEC accounting and reporting guidance
Exceptional technical research and writing skills with ability to draft near-final quality accounting memos and policies
Excellent oral and written communication skills to collaborate effectively across all organizational levels
Ability to describe accounting matters in plainspoken terms easily understood by employees with no accounting background
Join Our Team
Do you believe in the power of innovation, collaboration, and transformation? Do you thrive in a supportive and client focused work environment? Are you looking for an opportunity to help build and drive change in a rapidly growing and evolving organization? When you join HUB, you will be part of a community of learners and doers focused on helping our leaders maximize the potential of their employees.
Department Accounting & Finance
Required Experience: 5-7 years of relevant experience
Required Travel: No Travel Required
Required Education: Bachelor's degree (4-year degree)
HUB International Limited is an equal opportunity and affirmative action employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations. The EEO is the Law poster and its supplement is available here at http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm .
EEOAA Policy (https://hubinternational.jobs/eeo/)
E-Verify Program
We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the US Recruiting Team toll-free at (844) 300-9193 or USRecruiting@hubinternational.com . This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.
Hub is the 5th largest global insurance and employee benefits broker, with over $5 billion in revenue and more than 17,000 employees in 600 offices throughout North America. Our success, particularly in mergers and acquisitions, has driven our significant growth. We are a team of entrepreneurs dedicated to protecting and supporting the aspirations of individuals, families, and businesses. We help our clients evaluate their risks and tailor solutions to their needs. Our organization empowers employees to learn, grow, and make a difference while benefiting from the resources of our corporate centers of excellence.
Role Overview:
We are seeking a skilled and motivated Technical Accounting Manager. Reporting to the Director of Technical Accounting, you will research GAAP and SEC requirements related to new accounting standards as well as new business situations and document conclusions in accounting memos and policies. The Technical Accounting Manager will become involved with all aspects of technical accounting and policy matters but initial focus will be on updating, expanding, maintaining and improving upon Hub’s current suite of accounting policies and memos as we prepare for public company accounting, reporting and control requirements.
Key Responsibilities:
Adoption of new accounting standards – including research, analysis, documentation and implementation which may require working with corporate accounting, regional finance teams or the Hub Financial Center
Address accounting impact of new business issues – growth of the business and expansion into new products and services frequently leads to a need for research, analysis, documentation and implementation similar to what is required when new accounting standards are issued
Accounting policy development and maintenance including –
Document, maintain and improve Hub’s accounting and corporate policies including update of stale policies and drafting of new policies where needed
Assist with rollout of new policies to corporate and regional finance teams resulting from new accounting standards, technical guidance, or interpretations.
Complex analysis and audit support including –
Goodwill and intangible asset impairment analysis
Lease right of use asset impairment analysis
GAAP disclosure checklist
Debt extinguishment vs modification
Share based compensation matters
Various revenue and lease accounting matters
Acquisition accounting
External financial reporting support including –
Assist the financial reporting team in drafting new financial statement disclosures related to new accounting standards and new business issues
Assist management in review of quarterly and annual financial statements
General accounting support – participate in monthly close activities as requested
M&A transaction support – assist with evaluating accounting alternatives and impacts related to the Company’s M&A activities including ASC 805 journal entries
Ad hoc questions from the field – assist with research and documentation of complex accounting issues escalated from the accounting staff and provide guidance on technical accounting matters as needed
Review of contracts – review customer and carrier agreements as needed to consider the accounting implications of new types of arrangements
Build strong relationships with all levels of the finance staff at field and corporate locations. Collaborate with the M&A team serving as a resource for resolving technical accounting questions and issues.
Qualifications & Experience:
Bachelor’s degree in accounting
CPA strongly preferred
Four to eight years total experience with minimum of four to six years in a Big Four or second-tier national public accounting firm including both public and private clients
In depth knowledge of GAAP and SEC accounting and reporting guidance
Exceptional technical research and writing skills with ability to draft near-final quality accounting memos and policies
Excellent oral and written communication skills to collaborate effectively across all organizational levels
Ability to describe accounting matters in plainspoken terms easily understood by employees with no accounting background
Join Our Team
Do you believe in the power of innovation, collaboration, and transformation? Do you thrive in a supportive and client focused work environment? Are you looking for an opportunity to help build and drive change in a rapidly growing and evolving organization? When you join HUB, you will be part of a community of learners and doers focused on helping our leaders maximize the potential of their employees.
Department Accounting & Finance
Required Experience: 5-7 years of relevant experience
Required Travel: No Travel Required
Required Education: Bachelor's degree (4-year degree)
HUB International Limited is an equal opportunity and affirmative action employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations. The EEO is the Law poster and its supplement is available here at http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm .
EEOAA Policy (https://hubinternational.jobs/eeo/)
E-Verify Program
We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the US Recruiting Team toll-free at (844) 300-9193 or USRecruiting@hubinternational.com . This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.