GAAP consolidation adjustments and reconciling entries for foreign subsidiaries, including identification and documentation of key GAAP differences (e.g., revenue recognition, leases, financial instruments, deferred taxes). Partner with other finance/accounting team members to action accounting changes related to consolidation matters, including scope changes, acquisitions, divestitures, and entity restructurings.
Numbers & Facts
Location
Providence, RI
Salary
$150,000–$160,000 Per Year
Description
Responsibilities:
Direct the Company's global consolidation process, including supervision of consolidations senior accountants/analysts responsible for subsidiary and regional reporting packages
Own the preparation and review of consolidating balance sheets, income statements, and statements of cash flows across all domestic and international subsidiaries and operating segments
Review and approve IFRS-to-U.S. GAAP consolidation adjustments and reconciling entries for foreign subsidiaries, including identification and documentation of key GAAP differences (e.g., revenue recognition, leases, financial instruments, deferred taxes)
Maintain and enhance the consolidation adjustment process, including elimination entries, intercompany eliminations, currency translation adjustments, and equity roll-forwards
Review and post journal entries and account reconciliations prepared by consolidations staff, ensuring adherence to proper accounting methods and policies across the organization's entities
Manage the intercompany accounting process, including intercompany billing, netting/settlement, and elimination of intercompany balances and transactions upon consolidation
Ensure timeliness and accuracy of the monthly, quarterly, and annual consolidation close by establishing, communicating, and enforcing close calendars and deliverables with subsidiary and regional accounting teams
Prepare monthly consolidated reporting packages and management commentary on financial results, including variance analysis at the consolidated and segment level
Oversee preparation of quarterly consolidating financial statement and footnote support packages used in the Company's external SEC filings (Forms 10-Q and 10-K)
Serve as a key liaison with external auditors on consolidation, intercompany, and foreign currency translation matters
Partner with international finance teams to ensure local-GAAP-to-U.S.-GAAP/IFRS conversion packages are complete, accurate, and submitted timely for consolidation
Support the maintenance and continuous improvement of consolidation systems and chart of accounts structure to ensure scalability across a growing global entity structure
Partner with other finance/accounting team members to action accounting changes related to consolidation matters, including scope changes, acquisitions, divestitures, and entity restructurings
Assist in the the preparation of certain State and other regulatory financial statement requirements
Assist in the annual statutory financial audits and, as needed, on periodic regulatory/compliance audits