Financial Reporting and Technical Accounting Manager
Applied Industrial Technologies · Cleveland, OH · 1 mo ago
AccountingFull-time
We need to output HTML fragment with headings for sections: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Only include sections that have real specific content. No job title heading. No Job ID etc. Remove boilerplate like EEO etc. Also remove application instructions. Preserve all substantive info.
We need to parse the posting.
Content:
First paragraph: "The Manger of Financial Reporting and Technical Accounting prepares the company's financial statements and reports, ensuring compliance with financial regulations and standards. This role involves managing technical accounting issues, supporting the internal and external audit process and accounting for lease accounting. The ideal candidate will possess a deep understanding of accounting standards, financial reporting and auditing practices in the United States and related regulatory environments. This role requires a strong ability to collaborate across finance and at times, other functions, lead processes to timely meet deadlines, and support and manage change as new regulations are enacted. This position reports directly to the Director of Financial Reporting & Acquisition Accounting of Applied Industrial Technologies (Applied), a U.S.-based public company traded on the NYSE."
That's about the role. Could be "About the role" section.
Then "Key Responsibilities" heading in original. Under that we have bullet-like paragraphs: "Financial Reporting: Preparation of quarterly and annual financial statements and reports. Ensure all financial reporting complies with generally accepted accounting standards in the United States (US GAAP), U.S. Securities and Exchange Commission (SEC), and other regulatory requirements. Support the internal and external auditors for annual audit processes. Analyze financial data to identify discrepancies, trends, and financial performance to ensure financial reporting is correct. Support the monthly internal financial reporting, including preparation, accumulation, review and publication of the monthly financial statement package. Support communication with regulatory agencies and external stakeholders regarding financial reporting matters."
Then "Technical Accounting Research, Policy and Deployment:" with bullet-like sentences.
Then "Accounting Services: Collaboration with Other Departments:" with bullet-like sentences.
We need to put responsibilities in
for sections: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Only include sections that have real specific content. No job title heading. No Job ID etc. Remove boilerplate like EEO etc. Also remove application instructions. Preserve all substantive info.
We need to parse the posting.
Content:
First paragraph: "The Manger of Financial Reporting and Technical Accounting prepares the company's financial statements and reports, ensuring compliance with financial regulations and standards. This role involves managing technical accounting issues, supporting the internal and external audit process and accounting for lease accounting. The ideal candidate will possess a deep understanding of accounting standards, financial reporting and auditing practices in the United States and related regulatory environments. This role requires a strong ability to collaborate across finance and at times, other functions, lead processes to timely meet deadlines, and support and manage change as new regulations are enacted. This position reports directly to the Director of Financial Reporting & Acquisition Accounting of Applied Industrial Technologies (Applied), a U.S.-based public company traded on the NYSE."
That's about the role. Could be "About the role" section.
Then "Key Responsibilities" heading in original. Under that we have bullet-like paragraphs: "Financial Reporting: Preparation of quarterly and annual financial statements and reports. Ensure all financial reporting complies with generally accepted accounting standards in the United States (US GAAP), U.S. Securities and Exchange Commission (SEC), and other regulatory requirements. Support the internal and external auditors for annual audit processes. Analyze financial data to identify discrepancies, trends, and financial performance to ensure financial reporting is correct. Support the monthly internal financial reporting, including preparation, accumulation, review and publication of the monthly financial statement package. Support communication with regulatory agencies and external stakeholders regarding financial reporting matters."
Then "Technical Accounting Research, Policy and Deployment:" with bullet-like sentences.
Then "Accounting Services: Collaboration with Other Departments:" with bullet-like sentences.
We need to put responsibilities in - . Likely combine all responsibilities into one list.
Then "Qualifications" heading: after responsibilities we have "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 6 years of progressive experience in finance and accounting, preferably in a large public accounting firm and in financial reporting, technical accounting, or a related field. Experience working with or in a U.S.-listed public company. Strong experience working with U.S. GAAP. Demonstrated experience overseeing financial operations 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 preferred."
That is qualifications.
Then company description: "Founded in 1923, Applied Industrial Technologies (NYSE: AIT) is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO and OEM end users in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise. Applied Industrial Technologies is built on a philosophy that puts people first."
That could be "About the company" but not in allowed headings. We could include in "About the role" maybe? Or we could omit as not required headings. The instruction: include a section ONLY when the posting has real, specific content for it — never emit a heading followed by filler/placeholder text. We have content for About the role (the initial paragraph). Could also include a section "About the company" but not in allowed list; we should not create a heading not in list. So we could incorporate company description into About the role or maybe omit. Better to include in About the role as additional paragraph.
Then EEO boilerplate: remove.
Thus sections: About the role, Responsibilities, Qualifications. Possibly Skills? Not explicit separate skills; qualifications cover. Benefits, Pay, Schedule: not present, so omit.
We need to output only HTML fragment, no /. Use
for each section heading. Use
for prose. Use
- for list.
Let's craft.
About the role: combine initial paragraph and company description maybe as two paragraphs.
Responsibilities: list items. Need to break each sentence into li? Could group similar but preserve all info. We'll create li for each distinct responsibility sentence.
Let's extract responsibilities sentences:
- Preparation of quarterly and annual financial statements and reports.
- Ensure all financial reporting complies with generally accepted accounting standards in the United States (US GAAP), U.S. Securities and Exchange Commission (SEC), and other regulatory requirements.
- Support the internal and external auditors for annual audit processes.
- Analyze financial data to identify discrepancies, trends, and financial performance to ensure financial reporting is correct.
- Support the monthly internal financial reporting, including preparation, accumulation, review and publication of the monthly financial statement package.
- Support communication with regulatory agencies and external stakeholders regarding financial reporting matters.
- Monitor accounting standards by keeping updated on new accounting standards and regulations and assessing their impact on the company.
- Provide technical support through offering technical assistance on complex accounting issues, including, but not limited to, revenue recognition, disclosure matters, financial reporting, and regulatory compliance.
- Create and implement accounting policies and procedures in line with industry practices and regulatory requirements.
- Support the implementation of new or updated accounting standards within the organization.
- Collaborate with teams in other functional areas, departments and business units to address technical accounting questions and projects.
- Lead or assist with special projects related to technical accounting, such as implementing new standards or resolving complex accounting issues.
- Actively collaborate with other departments, such as finance, operations, legal, and human resources, to gather necessary data, align on processes, and ensure seamless communication related to performing accounting services.
- Serve as the subject matter for lease accounting across the company including:
- Identify and Classify Leases: Determine whether leases are operating or finance (capital) leases based on criteria set by relevant accounting standards (e.g., ASC 842 for U.S. GAAP).
- Calculate Lease Assets and Obligations: Assess lease terms and calculate the present value of lease payments to recognize lease liabilities and related right-of-use assets (ROU).
- Recognize Lease Assets and Liabilities and Expense Recognition: Coordinate with the accounting services teams to ensure the ROU assets and lease liabilities are recorded accurately on the balance sheet, as well as the proper amount of lease amortization and interest expense.
- Disclosure Requirements: Ensure compliance with disclosure requirements, including information about lease terms, amounts recognized in financial statements, and judgments made in applying lease accounting standards.
- Liaise with external auditors and assist in preparing technical accounting documentation for audit reviews.
- Assist with annual goodwill impairment testing
- Assist with stock award/equity compensation valuation and accounting for the company
- Assist with due diligence and oversight related to mergers and acquisitions
We need to format as list items; sub-items could be nested
but not required. Could keep as separate li with dash.
Simplify: each bullet as li.
Qualifications: list items.
- Bachelor’s degree in accounting, finance, or related field; MBA or advanced degree preferred.
- CPA or equivalent professional financial designation highly desirable.
- At least 6 years of progressive experience in finance and accounting, preferably in a large public accounting firm and in financial reporting, technical accounting, or a related field.
- Experience working with or in a U.S.-listed public company.
- Strong experience working with U.S. GAAP.
- Demonstrated experience overseeing financial operations 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 preferred.
We could also include company description as part of About the role.
Now produce HTML.
We must not include any extra text. Just the fragment.
Let's craft:
About the role
The Manager of Financial Reporting and Technical Accounting prepares the company's financial statements and reports, ensuring compliance with financial regulations and standards. This role involves managing technical accounting issues, supporting the internal and external audit process and accounting for lease accounting. The ideal candidate will possess a deep understanding of accounting standards, financial reporting and auditing practices in the United States and related regulatory environments. This role requires a strong ability to collaborate across finance and at times, other functions, lead processes to timely meet deadlines, and support and manage change as new regulations are enacted. This position reports directly to the Director of Financial Reporting & Acquisition Accounting of Applied Industrial Technologies (Applied), a U.S.-based public company traded on the NYSE.
Founded in 1923, Applied Industrial Technologies (NYSE: AIT) is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO and OEM end users in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise. Applied Industrial Technologies is built on a philosophy that puts people first.
Responsibilities
- Preparation of quarterly and annual financial statements and reports.
- Ensure all financial reporting complies with generally accepted accounting standards in the United States (US GAAP), U.S. Securities and Exchange Commission (SEC), and other regulatory requirements.
- Support the internal and external auditors for annual audit processes.
- Analyze financial data to identify discrepancies, trends, and financial performance to ensure financial reporting is correct.
- Support the monthly internal financial reporting, including preparation, accumulation, review and publication of the monthly financial statement package.
- Support communication with regulatory agencies and external stakeholders regarding financial reporting matters.
- Monitor accounting standards by keeping updated on new accounting standards and regulations and assessing their impact on the company.
- Provide technical support through offering technical assistance on complex accounting issues, including, but not limited to, revenue recognition, disclosure matters, financial reporting, and regulatory compliance.
- Create and implement accounting policies and procedures in line with industry practices and regulatory requirements.
- Support the implementation of new or updated accounting standards within the organization.
- Collaborate with teams in other functional areas, departments and business units to address technical accounting questions and projects.
- Lead or assist with special projects related to technical accounting, such as implementing new standards or resolving complex accounting issues.
- Actively collaborate with other departments, such as finance, operations, legal, and human resources, to gather necessary data, align on processes, and ensure seamless communication related to performing accounting services.
- Serve as the subject matter for lease accounting across the company including:
- Identify and Classify Leases: Determine whether leases are operating or finance (capital) leases based on criteria set by relevant accounting standards (e.g., ASC 842 for U.S. GAAP).
- Calculate Lease Assets and Obligations: Assess lease terms and calculate the present value of lease payments to recognize lease liabilities and related right-of-use assets (ROU).
- Recognize Lease Assets and Liabilities and Expense Recognition: Coordinate with the accounting services teams to ensure the ROU assets and lease liabilities are recorded accurately on the balance sheet, as well as the proper amount of lease amortization and interest expense.
- Disclosure Requirements: Ensure compliance with disclosure requirements, including information about lease terms, amounts recognized in financial statements, and judgments made in applying lease accounting standards.
- Liaise with external auditors and assist in preparing technical accounting documentation for audit reviews.
- Assist with annual goodwill impairment testing
- Assist with stock award/equity compensation valuation and accounting for the company
- Assist with due diligence and oversight related to mergers and acquisitions
Qualifications
- Bachelor
for each section heading. Use
for prose. Use
- for list.
Let's craft.
About the role: combine initial paragraph and company description maybe as two paragraphs.
Responsibilities: list items. Need to break each sentence into li? Could group similar but preserve all info. We'll create li for each distinct responsibility sentence.
Let's extract responsibilities sentences:
- Preparation of quarterly and annual financial statements and reports.
- Ensure all financial reporting complies with generally accepted accounting standards in the United States (US GAAP), U.S. Securities and Exchange Commission (SEC), and other regulatory requirements.
- Support the internal and external auditors for annual audit processes.
- Analyze financial data to identify discrepancies, trends, and financial performance to ensure financial reporting is correct.
- Support the monthly internal financial reporting, including preparation, accumulation, review and publication of the monthly financial statement package.
- Support communication with regulatory agencies and external stakeholders regarding financial reporting matters.
- Monitor accounting standards by keeping updated on new accounting standards and regulations and assessing their impact on the company.
- Provide technical support through offering technical assistance on complex accounting issues, including, but not limited to, revenue recognition, disclosure matters, financial reporting, and regulatory compliance.
- Create and implement accounting policies and procedures in line with industry practices and regulatory requirements.
- Support the implementation of new or updated accounting standards within the organization.
- Collaborate with teams in other functional areas, departments and business units to address technical accounting questions and projects.
- Lead or assist with special projects related to technical accounting, such as implementing new standards or resolving complex accounting issues.
- Actively collaborate with other departments, such as finance, operations, legal, and human resources, to gather necessary data, align on processes, and ensure seamless communication related to performing accounting services.
- Serve as the subject matter for lease accounting across the company including:
- Identify and Classify Leases: Determine whether leases are operating or finance (capital) leases based on criteria set by relevant accounting standards (e.g., ASC 842 for U.S. GAAP).
- Calculate Lease Assets and Obligations: Assess lease terms and calculate the present value of lease payments to recognize lease liabilities and related right-of-use assets (ROU).
- Recognize Lease Assets and Liabilities and Expense Recognition: Coordinate with the accounting services teams to ensure the ROU assets and lease liabilities are recorded accurately on the balance sheet, as well as the proper amount of lease amortization and interest expense.
- Disclosure Requirements: Ensure compliance with disclosure requirements, including information about lease terms, amounts recognized in financial statements, and judgments made in applying lease accounting standards.
- Liaise with external auditors and assist in preparing technical accounting documentation for audit reviews.
- Assist with annual goodwill impairment testing
- Assist with stock award/equity compensation valuation and accounting for the company
- Assist with due diligence and oversight related to mergers and acquisitions
We need to format as list items; sub-items could be nested
- but not required. Could keep as separate li with dash.
Simplify: each bullet as li.
Qualifications: list items.
- Bachelor’s degree in accounting, finance, or related field; MBA or advanced degree preferred.
- CPA or equivalent professional financial designation highly desirable.
- At least 6 years of progressive experience in finance and accounting, preferably in a large public accounting firm and in financial reporting, technical accounting, or a related field.
- Experience working with or in a U.S.-listed public company.
- Strong experience working with U.S. GAAP.
- Demonstrated experience overseeing financial operations 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 preferred.
We could also include company description as part of About the role.
Now produce HTML.
We must not include any extra text. Just the fragment.
Let's craft:
- Preparation of quarterly and annual financial statements and reports.
- Ensure all financial reporting complies with generally accepted accounting standards in the United States (US GAAP), U.S. Securities and Exchange Commission (SEC), and other regulatory requirements.
- Support the internal and external auditors for annual audit processes.
- Analyze financial data to identify discrepancies, trends, and financial performance to ensure financial reporting is correct.
- Support the monthly internal financial reporting, including preparation, accumulation, review and publication of the monthly financial statement package.
- Support communication with regulatory agencies and external stakeholders regarding financial reporting matters.
- Monitor accounting standards by keeping updated on new accounting standards and regulations and assessing their impact on the company.
- Provide technical support through offering technical assistance on complex accounting issues, including, but not limited to, revenue recognition, disclosure matters, financial reporting, and regulatory compliance.
- Create and implement accounting policies and procedures in line with industry practices and regulatory requirements.
- Support the implementation of new or updated accounting standards within the organization.
- Collaborate with teams in other functional areas, departments and business units to address technical accounting questions and projects.
- Lead or assist with special projects related to technical accounting, such as implementing new standards or resolving complex accounting issues.
- Actively collaborate with other departments, such as finance, operations, legal, and human resources, to gather necessary data, align on processes, and ensure seamless communication related to performing accounting services.
- Serve as the subject matter for lease accounting across the company including:
- Identify and Classify Leases: Determine whether leases are operating or finance (capital) leases based on criteria set by relevant accounting standards (e.g., ASC 842 for U.S. GAAP).
- Calculate Lease Assets and Obligations: Assess lease terms and calculate the present value of lease payments to recognize lease liabilities and related right-of-use assets (ROU).
- Recognize Lease Assets and Liabilities and Expense Recognition: Coordinate with the accounting services teams to ensure the ROU assets and lease liabilities are recorded accurately on the balance sheet, as well as the proper amount of lease amortization and interest expense.
- Disclosure Requirements: Ensure compliance with disclosure requirements, including information about lease terms, amounts recognized in financial statements, and judgments made in applying lease accounting standards.
- Liaise with external auditors and assist in preparing technical accounting documentation for audit reviews.
- Assist with annual goodwill impairment testing
- Assist with stock award/equity compensation valuation and accounting for the company
- Assist with due diligence and oversight related to mergers and acquisitions
- Bachelor
About the role
The Manager of Financial Reporting and Technical Accounting prepares the company's financial statements and reports, ensuring compliance with financial regulations and standards. This role involves managing technical accounting issues, supporting the internal and external audit process and accounting for lease accounting. The ideal candidate will possess a deep understanding of accounting standards, financial reporting and auditing practices in the United States and related regulatory environments. This role requires a strong ability to collaborate across finance and at times, other functions, lead processes to timely meet deadlines, and support and manage change as new regulations are enacted. This position reports directly to the Director of Financial Reporting & Acquisition Accounting of Applied Industrial Technologies (Applied), a U.S.-based public company traded on the NYSE.
Founded in 1923, Applied Industrial Technologies (NYSE: AIT) is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO and OEM end users in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise. Applied Industrial Technologies is built on a philosophy that puts people first.
Responsibilities
Qualifications