Consolidations and Financial Reporting Manager

About the role

The Manager, Consolidations and Financial Reporting is responsible for the month-end consolidated close and internal financial reporting for Applied Industrial Technologies, a public company with revenues of $4.8 billion, with a legal entity structure of 70 entities, and a presence in seven countries.

Responsibilities

• managing the monthly consolidated closing and financial reporting processes,
• preparing internal and supporting external financial statements,
• managing supporting consolidations systems,
• ensuring adequate internal controls are established and operating for this function, and
• complying with accounting practices, rules and regulations relevant to this role.

Key aspects of the role

• controlling the consolidation accounting and intercompany eliminations;
• maintaining a global chart of accounts;
• understanding legal entity structures;
• supporting both external and management reporting, including maintaining accounting records in profit and cost centers; and
• developing and performing regular reporting to business partners.

Qualifications

• Bachelor’s degree in accounting, finance, or related field; MBA or advanced degree preferred.
• CPA or equivalent professional financial designation highly desirable.
• At least 7 years of progressive experience in finance and accounting, preferably a minimum of 3 years in a large public accounting firm and in financial reporting, technical accounting, or a related field.
• Experience with SEC reporting and public company disclosures, a plus.
• Experience working with or in a U.S.-listed public company; global entities and multi-currency consolidations preferred.
• Strong experience working with U.S. GAAP, including ASC 805 – Business Combinations, ASC 810 – Consolidations, and ASC 830 – Foreign Currency Matters.
• Demonstrated experience overseeing financial operations, financial reporting or controlling in a multi-legal entity environment, preferably within manufacturing, retail, or multinational organizations.
• Experience managing financial teams across multiple locations or managing cross-border teams and in a matrix organization through influence.
• Demonstrated experience supporting external audits and SOX testing.