Sr Manager, Technical Accounting & Financial Reporting

Senior Manager – Financial Reporting & Technical Accounting

Job Location
Chicago, IL

Job Summary
Role will report directly into the Chief Accounting Officer and be responsible for owning all technical accounting and accounting policy matters for the Company, including but not limited to debt modifications/refinancings, goodwill impairment analyses, and revenue recognition. The role will lead the preparation of the quarterly financial reporting to lenders and annual U.S. GAAP financial statements. The role will also coordinate the preparation of the annual tax provision and annual tax compliance filings with third-party tax providers and assist with other controllership activities as required. In addition to reporting to the CAO, the role will have direct interactions with the global CFO, segment CFOs, and business unit finance directors. Individual will also work cross-functionally with FP&A and Treasury.Responsibilities
Technical Accounting:

Perform technical accounting research and analysis related to complex transactions and other arrangements. Such transactions may include:

Debt modifications/refinancings
Segment and reporting unit analyses
Annual goodwill impairment testing
Long-lived asset impairments
Business combinations
Lease accounting

Technical conclusions
Accounting process(es)

Revenue recognition
Fixed asset accounting
Inventory accounting

Lead the Company’s adoption of new accounting standards, as necessary

Financial Reporting

Lead preparation of the quarterly financial statements to lenders, including balance sheet, income statement, and statement of cash flows
Lead preparation of the annual audited financial statements, ensuring disclosures are complete and accurate in accordance with US GAAP disclosure requirements
Ensure complex transactions (debt refinancings, acquisitions, etc.) are appropriately reflected and disclosed

Accounting Policies and Controls:

Lead project to update the Company’s accounting policies and procedures, including education/training related to changes in policy

Owner and reviewer of quarterly certification questionnaires

Tax:

Oversee the Company’s annual tax provision process

Own relationship with 3rd party tax provision provider
Manage PBC process to ensure timely completion of annual tax provision
Serve as liaison between 3rd party tax provision provider and external auditors/tax compliance providers

Oversee the Company’s overall global tax compliance

Own relationship with 3rd party tax compliance providers (both domestic and international)
Manage PBC process with 3rd party provider(s)
Review output from 3rd party providers to ensure accurate filings
Follow-up with relevant taxing authorities (federal, state, etc.) and ensure timely resolution of tax notices/issues
Oversee/manage the completion of annual transfer pricing studies with 3rd party provider
Ensure timely and accurate quarterly tax payments
Oversee the quarterly cash tax forecast with 3rd party provider
Assist in providing guidance on tax implications of proposed business transactions

Other:

Ad hoc involvement in sale process and/or mergers and acquisitions, including:

Due diligence
Accounting integration
Purchase accounting

Support various aspects of the year-end audit, including but not limited to:

Coordination of annual physical inventory counts with external auditors
Align with external auditors on accounting treatment for unusual transactions

Assist in month-end close activities as required (review account reconciliations, review journal entries, etc.)
Other special projects as required

Skills and Abilities

Strong knowledge of U.S. GAAP technical accounting matters and ability to perform technical accounting research in areas such as goodwill, leases, revenue recognition, and business combinations
High-level understanding of U.S. tax compliance requirements and ASC 740 tax accounting
Exposure to PCAOB audit requirements a plus
Excellent written and verbal communications skills
Strong analytical and organizational skills
Deadline driven with keen attention to details
Ability to work independently to solve problems

Experience

5 – 8 years of public accounting or commensurate industry experience
CPA a must

Compensation
The listed annualized base pay range is primarily based on analysis of similar positions. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of Pregis’s total compensation package. Compensation also includes a competitive benefits package and may also include bonuses, and other on-the-spot recognition. The annualized base pay range for this role is estimated to be $130,000 to $155,000.

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