FGS Global
Senior Manager, Consolidations
FGS Global, New York, New York, us, 10261
INTRODUCTION
About FGS Global -
FGS Global is a strategic advisory and communications consultancy, with over 1200 multidisciplinary experts across the world's major financial, government, business, and cultural centers. The firm is an acknowledged leader in crisis, corporate reputation, public affairs and capital markets, M&A advisory and boardroom communication counsel. FGS Global supports its clients in addressing a myriad of stakeholder concerns by leveraging its research and insights, media placement, content, digital, and data capabilities. The company was created in December 2021 by combining Finsbury, Hering Schuppener, The Glover Park Group, and Sard Verbinnen & Co. FGS Global serves its client base from 27 cities worldwide, including U.S. Offices in New York, Washington, D.C., Los Angeles, Boston, Chicago, San Francisco, South Florida, and Houston.
Position Overview :
FGS Global is seeking a highly skilled and strategic Senior Manager, Consolidations to manage and oversee all intercompany transactions and shared work arrangements across the organization. This critical role is essential to ensuring accurate financial reporting, compliance with accounting standards, and most importantly, the proper recognition of revenue across FGS Global's multiple entities. The Senior Manager, Consolidations will work closely with finance teams across various regions and departments to maintain financial integrity, ensuring that intercompany transactions are accurately reflected in financial statements and aligned with global revenue recognition policies.
Key Responsibilities:Intercompany Transactions Management:
Oversee and manage all intercompany transactions, ensuring they are recorded accurately and comply with both company policies and accounting standards.Develop and implement processes that ensure the proper recognition of revenue related to intercompany transactions, ensuring all transactions contribute to accurate and compliant financial reporting.Reconcile intercompany accounts regularly to resolve discrepancies, ensuring that financial data related to intercompany transactions aligns with the revenue recognition policies across global entities.
Revenue Recognition:
Ensure that all intercompany transactions are recorded in a manner that accurately reflects the timing and amount of revenue recognition, adhering to both US GAAP/IFRS and FGS Global's internal revenue recognition policies.Work closely with regional finance teams to ensure consistency in revenue recognition practices, particularly in relation to shared work arrangements and intercompany services.Monitor and adjust intercompany processes as needed to address complexities in revenue recognition, such as multi-region transactions and foreign currency implications.Collaborate with the finance team to assess the impact of intercompany transactions on the consolidated financial results, ensuring that revenue is recognized appropriately across all entities.Financial Reporting and Compliance:
Ensure accurate and timely financial reporting for intercompany activities, with a specific focus on compliance with revenue recognition standards.Prepare and review intercompany financial statements and reports, ensuring that intercompany transactions and their impact on revenue recognition are correctly represented.Ensure compliance with all relevant accounting standards and regulations, particularly those related to revenue recognition, and support internal and external audits involving intercompany transactions.Collaboration and Communication:
Serve as the main point of contact for intercompany matters within the organization, ensuring clarity and consistency in how intercompany transactions are managed and recognized as revenue.Foster strong working relationships with finance teams across various regions and departments, ensuring that intercompany activities support accurate revenue recognition and financial integrity.Provide guidance and training on intercompany policies, procedures, and revenue recognition practices, helping regional teams understand their impact on financial reporting.Process Improvement & Technology:
Identify opportunities for process improvements that enhance the accuracy and efficiency of intercompany accounting and revenue recognition, implementing best practices where possible.Collaborate with IT and finance teams to enhance intercompany transaction systems and tools, ensuring that technology supports proper revenue recognition and financial accuracy.Lead initiatives related to system upgrades or changes that impact intercompany transactions, ensuring that all adjustments are in line with revenue recognition standards.Strategic Planning & Analysis:
Support the Global Controller in strategic financial planning and analysis related to intercompany activities, particularly with regard to optimizing revenue recognition and financial performance.Provide insights and recommendations to senior management on intercompany financial performance, ensuring that intercompany transactions are aligned with FGS Global's broader financial strategies and revenue goals.Play a key role in assessing the impact of intercompany activities on the company's overall financial health, with a particular focus on revenue recognition and compliance.Qualifications:
Bachelor's degree in Accounting, Finance, or related field.Minimum of 8 years of experience in intercompany accounting, financial reporting, or related roles, with a strong focus on revenue recognition and financial compliance.In-depth knowledge of accounting principles, particularly US GAAP/IFRS, with a specialization in revenue recognition.Proficiency with financial reporting and ERP systems (e.g., SAP, Oracle) and experience in ensuring system capabilities align with revenue recognition needs.Excellent analytical, problem-solving, and organizational skills, particularly in managing complex intercompany and revenue recognition scenarios.Strong communication and interpersonal skills, with the ability to work effectively across different cultures and regions.Proactive, detail-oriented, and able to manage multiple priorities in a fast-paced environment.
Compensation:
FGS Global offers a competitive salary and benefits package commensurate with experience. This role provides opportunities for professional development and career growth within a dynamic, global environment.
New York City Salary Range
$110,000-$130,000 USD
We offer medical, dental and vision plans, life insurance, short-term disability, long-term disability and AD&D plans, 401(k) with company matching contribution, technology reimbursement, discretionary bonuses, and paid time off to eligible full-time employees.
FGS Global provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, sexual orientation, age, disability, or genetics. In addition to United States federal law requirements, FGS Global complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.
When you submit an application, we collect certain personal information about you for the purpose of evaluating your qualifications for the position. For more information about our privacy practices, please visit our privacy policy at https://fgsglobal.com/privacy.
About FGS Global -
FGS Global is a strategic advisory and communications consultancy, with over 1200 multidisciplinary experts across the world's major financial, government, business, and cultural centers. The firm is an acknowledged leader in crisis, corporate reputation, public affairs and capital markets, M&A advisory and boardroom communication counsel. FGS Global supports its clients in addressing a myriad of stakeholder concerns by leveraging its research and insights, media placement, content, digital, and data capabilities. The company was created in December 2021 by combining Finsbury, Hering Schuppener, The Glover Park Group, and Sard Verbinnen & Co. FGS Global serves its client base from 27 cities worldwide, including U.S. Offices in New York, Washington, D.C., Los Angeles, Boston, Chicago, San Francisco, South Florida, and Houston.
Position Overview :
FGS Global is seeking a highly skilled and strategic Senior Manager, Consolidations to manage and oversee all intercompany transactions and shared work arrangements across the organization. This critical role is essential to ensuring accurate financial reporting, compliance with accounting standards, and most importantly, the proper recognition of revenue across FGS Global's multiple entities. The Senior Manager, Consolidations will work closely with finance teams across various regions and departments to maintain financial integrity, ensuring that intercompany transactions are accurately reflected in financial statements and aligned with global revenue recognition policies.
Key Responsibilities:Intercompany Transactions Management:
Oversee and manage all intercompany transactions, ensuring they are recorded accurately and comply with both company policies and accounting standards.Develop and implement processes that ensure the proper recognition of revenue related to intercompany transactions, ensuring all transactions contribute to accurate and compliant financial reporting.Reconcile intercompany accounts regularly to resolve discrepancies, ensuring that financial data related to intercompany transactions aligns with the revenue recognition policies across global entities.
Revenue Recognition:
Ensure that all intercompany transactions are recorded in a manner that accurately reflects the timing and amount of revenue recognition, adhering to both US GAAP/IFRS and FGS Global's internal revenue recognition policies.Work closely with regional finance teams to ensure consistency in revenue recognition practices, particularly in relation to shared work arrangements and intercompany services.Monitor and adjust intercompany processes as needed to address complexities in revenue recognition, such as multi-region transactions and foreign currency implications.Collaborate with the finance team to assess the impact of intercompany transactions on the consolidated financial results, ensuring that revenue is recognized appropriately across all entities.Financial Reporting and Compliance:
Ensure accurate and timely financial reporting for intercompany activities, with a specific focus on compliance with revenue recognition standards.Prepare and review intercompany financial statements and reports, ensuring that intercompany transactions and their impact on revenue recognition are correctly represented.Ensure compliance with all relevant accounting standards and regulations, particularly those related to revenue recognition, and support internal and external audits involving intercompany transactions.Collaboration and Communication:
Serve as the main point of contact for intercompany matters within the organization, ensuring clarity and consistency in how intercompany transactions are managed and recognized as revenue.Foster strong working relationships with finance teams across various regions and departments, ensuring that intercompany activities support accurate revenue recognition and financial integrity.Provide guidance and training on intercompany policies, procedures, and revenue recognition practices, helping regional teams understand their impact on financial reporting.Process Improvement & Technology:
Identify opportunities for process improvements that enhance the accuracy and efficiency of intercompany accounting and revenue recognition, implementing best practices where possible.Collaborate with IT and finance teams to enhance intercompany transaction systems and tools, ensuring that technology supports proper revenue recognition and financial accuracy.Lead initiatives related to system upgrades or changes that impact intercompany transactions, ensuring that all adjustments are in line with revenue recognition standards.Strategic Planning & Analysis:
Support the Global Controller in strategic financial planning and analysis related to intercompany activities, particularly with regard to optimizing revenue recognition and financial performance.Provide insights and recommendations to senior management on intercompany financial performance, ensuring that intercompany transactions are aligned with FGS Global's broader financial strategies and revenue goals.Play a key role in assessing the impact of intercompany activities on the company's overall financial health, with a particular focus on revenue recognition and compliance.Qualifications:
Bachelor's degree in Accounting, Finance, or related field.Minimum of 8 years of experience in intercompany accounting, financial reporting, or related roles, with a strong focus on revenue recognition and financial compliance.In-depth knowledge of accounting principles, particularly US GAAP/IFRS, with a specialization in revenue recognition.Proficiency with financial reporting and ERP systems (e.g., SAP, Oracle) and experience in ensuring system capabilities align with revenue recognition needs.Excellent analytical, problem-solving, and organizational skills, particularly in managing complex intercompany and revenue recognition scenarios.Strong communication and interpersonal skills, with the ability to work effectively across different cultures and regions.Proactive, detail-oriented, and able to manage multiple priorities in a fast-paced environment.
Compensation:
FGS Global offers a competitive salary and benefits package commensurate with experience. This role provides opportunities for professional development and career growth within a dynamic, global environment.
New York City Salary Range
$110,000-$130,000 USD
We offer medical, dental and vision plans, life insurance, short-term disability, long-term disability and AD&D plans, 401(k) with company matching contribution, technology reimbursement, discretionary bonuses, and paid time off to eligible full-time employees.
FGS Global provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, sexual orientation, age, disability, or genetics. In addition to United States federal law requirements, FGS Global complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.
When you submit an application, we collect certain personal information about you for the purpose of evaluating your qualifications for the position. For more information about our privacy practices, please visit our privacy policy at https://fgsglobal.com/privacy.