Director, Financial Reporting

Lincoln Electric is the world leader in the design, development and manufacture of the highest quality arc welding products, automated joining assembly and cutting systems, and has a global leading position in brazing and soldering alloys. With over 125 years of innovation and service excellence, we are committed to employing talent that will support our strategy to foster innovation, drive growth and provide a first class experience for our customers. Lincoln Electric: we operate to a higher standard to build a better world.

Req. ID: 22210

PURPOSE: Responsible for the review and supervision of the consolidation and preparation of monthly, quarterly and annual financial statements that meet the reporting requirements of the Securities and Exchange Commission (“SEC”), executive management and Company shareholders. Accountable for accurate preparation and the timely filing of all SEC documents (10-K, 10-Q, 11-K, proxy) and earnings releases. On a routine basis, interact with various internal and external customers across the globe to provide accurate reporting of financial results, technical accounting research and other finance related deliverables and analysis. Assist in various strategic or business issues and transactions that arise on an ad hoc basis as directed by the CEO, CFO, Executive Management and / or the Corporate Controller.

JOB DESCRIPTION (DUTIES AND RESPONSIBILITIES):

• Review and supervision of documentation necessary to complete SEC filings (10-K, 10-Q, 11-K, proxy, earnings releases), including the XBRL detail tagging process as applicable;
• Review, supervision and analysis of the actual, forecast and budgeted financial statements and related financial information, including cash flows, stock compensation, EPS, impairment and acquisition accounting;
• Prepare and oversee monthly and quarterly financial reporting presentations and deliverables for Executive Management and the Board of Directors;
• Manage the consolidation application (HFM), including all changes to consolidation structure and other reporting requirements;
• Oversee the annual budget and monthly forecast process and provide instruction and guidance to all global entities;
• Assist in the assessment, implementation and compliance with new and proposed accounting and reporting standards;
• Perform research of technical accounting topics and peer company filing reviews. Present research findings to the CFO / Corporate Controller, as well as various levels of management;
• Work with internal and external auditors to facilitate annual audits / quarterly reviews;
• Oversee the monthly accounting for the Company’s annual benefit plan financial statements;
• Provide leadership, coaching and development to managers and other professional staff;
• Accountable for setting organizational priorities, meeting functional objectives and managing multiple project deadlines;
• Assist in a variety of special projects focused on strategic and / or business issues that arise;
• Interact with senior level management and collaborate with subsidiary units across the globe and corporate personnel.
• Assumes additional responsibilities as needed or directed in support of the Company’s 2025 Strategy.

BASIC REQUIREMENTS:

• Bachelors degree with a major in Accounting required, Masters or MBA a plus;
• Minimum 8 years progressive accounting experience and / or public accounting experience and CPA license required;
• Must possess strong knowledge and understanding of US GAAP and SEC reporting rules;
• Must be highly motivated and possess excellent analytical and communication skills;
• Must possess a high degree of flexibility and demonstrate the ability to perform numerous tasks and assignments concurrently;
• Proficiency with Microsoft Office Products (Word, Excel and Power Point) is essential; SAP and HFM knowledge a plus.

Qualified applicants will receive consideration for employment without regard to their race, color, religion, national origin, sex, protected veteran status or disability.

Lincoln Electric is a $3.2B publicly traded company (NASDAQ) with over 11,000 employees around the world. With operations in over 56 manufacturing locations in 19 countries, we are well positioned to continue this partnership and poised to grow with our customers. As a part of that continuing legacy, you will contribute to a new generation of innovation and experience the pride that comes with being part of the solution to the world’s challenges. It is a great time to be part of the welding industry!

Lincoln Electric does not accept unsolicited resumes from third-party recruiters. Resumes submitted to any employee(s) of Lincoln Electric without a signed vendor agreement, by the Manager of Recruiting & Training, will become property of Lincoln Electric. Verbal or written commitments from any other member of Lincoln Electric will not be considered binding terms. Lincoln Electric will not pay a fee to any third-party recruiter that has not coordinated their recruiting activity through the Recruiting Department.

Employment Status: Salary Full-Time
Function: Finance
Section: Lincoln Cleveland (US10)

EOE, including disability/veterans