What are the responsibilities and job description for the Manager of Financial Reporting and Technical Accounting position at The Middleby Corporation?
Description
Middleby is a fast growing and profitable global manufacturer of commercial foodservice, food processing and residential kitchen equipment with nearly $4 billion in revenue headquartered in Elgin, IL. Sales of the company’s products are marketed under 120 different brands. The company has 75 manufacturing operations (including 34 international) and 15 international distribution offices. Middleby has grown from approximately $100 million in revenues since 2001 and was named a Fortune Magazine’s Fastest Growing Company in 2014 and 2015. In 2022 Middleby was named a World’s Best Employer by Forbes and is a proud philanthropic partner to organizations addressing food insecurity.
The Manager of Financial Reporting and Technical Accounting will be a key member of a small corporate finance team. The position will report to the Chief Accounting Officer. This position will be primarily responsible for leading external financial reporting, providing technical accounting research, oversight of the corporate accounting close process and along with various other special projects.
Responsibilities Include:
- Review of corporate ledger accounting and close process
- Prepare SEC and other external financial reports including preparation of financial statement footnote schedules and validate for accuracy
- Utilize information within OneStream consolidation software tool to develop efficient and effective ways to gather consolidated information and analyses for financial statements and disclosures
- Collaborating with the accounting, tax and legal team to ensure compliance with all financial regulations
- Assist in preparation and monitoring adherence for accounting policies (in accordance with US GAAP) and procedures
- Lead the implementation for newly required financial reports and disclosures
- Drive best practices for quality internal and external reporting, supported by strong internal processes and controls
- Perform technical accounting research and document conclusions as required in accounting position papers (i.e. impairment, pensions, debt transactions, acquisitions, etc.)
- Provide technical accounting support for divisional finance leads and other corporate functions
- Lead the implementation of new accounting standards
- Assist with special projects and needs of executive management and divisions
Requirements
- Requires a bachelor's degree (CPA preferred)
- Public accounting experience preferred
- 8-15 years of experience in accounting
- Experience with and strong understanding of US GAAP
- Experience with Sarbanes Oxley and internal control concepts
- SEC reporting experience
- Manufacturing and/or purchase accounting experience preferred
- Travel potential up to 15%
Middleby Corporation is an Equal Employment Opportunity (EOE/M/F/Vets/Disabled) employer and welcomes all qualified applicants.
