Senior Manager, Technical Accounting
DRiV · Skokie, IL · 3 wk ago
AccountingFull-time
Key Responsibilities
- Lead technical accounting research and conclusions for complex and non-routine transactions, including acquisitions, divestitures, debt modifications, refinancing activities, restructuring programs, and equity-related arrangements.
- Prepare and review accounting memoranda and position papers to support conclusions under U.S. GAAP and company policy.
- Partner with Legal, Tax, Treasury, and external advisors to assess accounting implications of proposed transactions before execution.
- Evaluate the impact of new accounting standards and emerging guidance and drive implementation across the organization.
- Serve as the internal subject matter expert on revenue recognition, lease accounting, business combinations, debt and equity instruments, impairment, and other judgmental areas.
Financial Reporting, Controls & Audit Readiness
- Support the preparation and review of monthly, quarterly, and annual financial reporting packages and reporting deliverables.
- Strengthen the internal control environment by documenting key accounting processes, identifying risks, and driving remediation of control gaps.
- Cook with external auditors on annual audits, interim reviews, and technical accounting matters to ensure timely and efficient close and reporting cycles.
- Review significant estimates and disclosure support for completeness, accuracy, and consistency with accounting policies.
- Support debt covenant compliance and other debt reporting requirements by ensuring accounting outputs align with financing agreements.
Close Process, Policy Governance & Business Partnership
- Develop, update, and maintain accounting policies, technical guidance, and standard operating procedures for use across the business.
- Provide practical guidance to business leaders on contract terms, commercial arrangements, and operational changes with accounting implications.
- Drive process improvement and automation initiatives that enhance reporting accuracy, transparency, and scalability in a lean finance organization.
- Mentor and develop accounting team members, promoting strong documentation standards, technical rigor, and accountability.
- Respond to ad hoc requests from finance leadership and cross-functional teams, providing timely analysis, accounting guidance, and decision support as needed.