nVent

Director, External Reporting and Technical Accounting

nVent$172K — $257K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field required; CPA required.
  • MBA or CMA strongly preferred.
  • 8+ years of progressive experience in a Big 4 public accounting firm or a combination of public accounting and industry, with a focus on SEC reporting and technical accounting.
  • Strong U.S. GAAP technical accounting foundation with expertise in revenue recognition, leases, derivatives, and hedging, stock-based compensation, and financial disclosures.
  • Proven advisory skills with a service-oriented approach and ability to build relationships with global finance teams.
  • Strong ability to articulate complex accounting issues to varied audiences.

Responsibilities

  • Prepare and oversee timely and accurate financial statements for SEC filings in compliance with U.S. GAAP requirements.
  • Direct the quarterly financial reviews and annual audit process, acting as the main liaison for auditors.
  • Research and document accounting implications for complex transactions.
  • Stay updated on accounting and SEC reporting matters to inform senior management proactively.
  • Manage global accounting policies and lead the implementation of new standards, ensuring compliance and training.
  • Support M&A due diligence and integration, focusing on purchase accounting and SEC reporting requirements.
  • Lead annual goodwill impairment analysis and valuation of pension plans.

Benefits

  • Comprehensive medical, dental, and vision plans including flexible spending accounts and life insurance options.
  • 401(k) retirement plan and employee stock purchase plan with company matching.
  • Tuition reimbursement and additional support programs such as parental leave and backup care services.
  • Paid time off includes volunteering opportunities and wellness programs.
  • Access to legal and identity theft protection services.
Full Job Description
WHAT YOU WILL EXPERIENCE IN THIS POSITION:
  • Direct andcompletethe timely and accurate preparation of all financial statements for external use in accordance with SEC and U.S. GAAP requirements (Form 10-Q, 10-K, 8-K and other required filings)
  • Direct quarterly financial reviews and annual audit process, serving as primary point of contact for external and internal auditors
  • Research, evaluate and document technical accounting implications of complex or non-standard transactions
  • Keep current on proposed accounting and SEC reporting matters to proactively update senior management
  • Maintain global accounting policies and procedures, including monitoring new pronouncements and leading the implementation and training of any updated or new accounting standards, ensuring timely adoption and accurate documentation of the companys position
  • Support acquisition due diligence and integration, and lead related purchase price accounting and related SEC reporting requirements for M&A projects
  • Direct annual goodwill and intangibles impairment analysis and annual valuation of material pension plans
  • Lead all aspects ofaccounting for areas that may contain a high degree of complexity, such as hedging and derivatives, stock-based compensation and leases, including preparation of related valuations and technical documentation as needed
  • Be responsible forthe development, implementation and monitoring of financial standards and internal controls across the global organization, including coordination with Internal Audit
  • Partner with FP&A, Legal, and Investor Relations to align financial results and materials for leadership, board, and externalpartners
  • Usingtechnology, identifying and implementing continuous improvements to process, controls and systems used by the External Reporting team and the broader finance organization
  • Partner andcompleteother finance related projects and initiatives, as assigned
YOU HAVE:
  • Bachelors degree in Accounting, Finance, or related field required. CPA required.
  • MBA, CMA strongly preferred
  • 8+ years of progressive experience either in a Big 4 public accounting firm or a combination of public accounting and industry experience required; with SEC reporting and technical accounting experience preferred
  • Strong U.S. GAAP technical accounting and SEC reporting foundation with expert knowledge and practical experience in topics such as revenue recognition, leases, derivatives and hedging, stock-based compensation, business combination and financial statement presentation and disclosure
  • Strong advisory/consultative skills with a serviceapproachand the ability to build key working relationships with finance and accounting teams globally
  • Ability to identify,call outand respond quickly to unexpected challenges and opportunities
  • Strong writing, presentation and communication skills and ability to easily explain complex accounting issues and conclusions to a variety of audiences
  • Ability to effectively lead, inspire and develop team members
  • A high level of accountability, ownership and comfort leading through change
  • Maintaina high degree of confidentiality

WE HAVE:

  • A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day

  • Benefits to support the lives of our employees

Pay Transparency

nVents pay scale is based on the expected range of base pay for this job and the employees work location. Employee pay within this range will be based on a combination of factors including knowledge, skills, abilities, experience, education, and performance. Where federal, state, or local minimum wage requirements exist, employee pay will comply.

Compensation Range:

$172,900.00 - $257,000.00

Depending on the position offered, employee may be eligible for other forms of compensation, such as annual incentives.

Benefit Overview

At nVent, we value our people and their health and well-being. We provide a broad benefits package with meaningful programs for eligible full-time employees that includes:

  • Medical, dental, and vision plans along with flexible spending accounts, short-term and long-term disability benefits, critical illness, accident insurance and life insurance.

  • A 401(k) retirement plan and an employee stock purchase plan both include a company match.

  • Other supplemental benefits may include tuition reimbursement, caregiver, personal and parental leave, back-up care services, paid time off including volunteer time, a well-being program, and/or legal & identity theft protection.

At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each others authenticity because we understand that uniqueness sparks growth.

#LI-Hybrid
#LI-JJ1

About nVent

nVent is a global leader in the design, manufacture, and distribution of electrical enclosures, electric heat tracing solutions, and other electrical products. The company serves a wide range of industries, including energy, industrial, infrastructure, and commercial. nVent was founded in 2018 as a spin-off from Pentair, and is headquartered in St. Louis Park, Minnesota. The company has operations in more than 30 countries and employs approximately 9,000 people.
Learn more about nVent
Size
9,000 employees
Market Cap
$6.3 billion
Industry
Net Income
-$47.2 million
5 Year Trend
+3.1%
Revenue
$1.9 billion

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