Senior Consolidations ManagerLocation: Skokie, IL SummaryWe are seeking a highly skilled and experienced Senior Consolidations Manager to join our dynamic finance team. The Senior Consolidations Manager will be responsible for leading the global financial consolidations process, including multi-entity and intercompany eliminations, consolidated financial reporting, and ensuring the integrity of consolidated financial statements in compliance with U.S. GAAP. This role requires a detail-oriented individual with strong analytical skills, a deep understanding of consolidation accounting principles, and the ability to manage and mentor a team effectively.
Our recruiting team is ready to act immediately. You'll first hear from someone in Talent Acquisition to schedule a phone screen, and then the next step will be a personal interview with our Hiring Manager. We pride ourselves on moving through the process quickly, and you can be sure of transparency and prompt communication.
RESPONSIBILITIES:- Lead and manage the global financial consolidations process, including multi-entity consolidations, intercompany eliminations, and preparation of consolidated financial statements in accordance with U.S. GAAP.
- Prepare, review, and present consolidated financial statements and management reports, ensuring accuracy, completeness, and compliance with company policies and applicable regulations.
- Manage the month-end and year-end consolidated close processes, coordinating with subsidiary controllers and regional finance teams to meet deadlines.
- Review and reconcile consolidated balance sheet accounts, including intercompany balances and eliminations, ensuring all discrepancies are identified and resolved promptly.
- Supervise and support the consolidations accounting team, providing guidance, training, and professional development opportunities.
- Serve as the primary point of contact for external auditors on consolidated financial statement matters and manage the related audit processes.
- Develop and implement consolidation accounting policies and procedures to ensure effective internal controls and consistency across all reporting entities.
- Analyze consolidated financial data, variances, and trends; create meaningful reports and presentations for senior management, stakeholders, and regulatory bodies.
- Support consolidated budgeting, forecasting, and planning activities in partnership with FP&A and business unit finance teams.
- Ensure compliance with U.S. GAAP and applicable local statutory reporting requirements across all consolidated entities.
- Lead or support special projects and initiatives, including system implementations, acquisitions, divestitures, and process improvement efforts related to financial consolidations.
EDUCATION: Bachelor's degree in accounting, Finance, or a related field required; Master's degree (MBA or MAcc) preferred. CPA required.
SKILLS & EXPERIENCE:- Minimum of 7-10 years of progressive accounting experience, with at least 3-5 years focused on financial consolidations in a multinational environment.
- Thorough knowledge of U.S. Generally Accepted Accounting Principles (GAAP), with specific expertise in consolidation accounting, intercompany eliminations, and foreign currency translation.
- Experience with consolidation and ERP systems (e.g., HFM/Hyperion, OneStream, SAP BPC, Oracle FCCS) and financial management platforms.
- Advanced proficiency in Microsoft Excel and Microsoft Office Suite; experience with data visualization and reporting tools a plus.
- Strong analytical, problem-solving, and decision-making skills.
- Excellent organizational skills and attention to detail.
- Ability to manage multiple tasks and prioritize effectively in a fast-paced environment.
- Strong leadership and team management skills.
- Excellent communication and interpersonal skills.
- CPA or CMA certification strongly preferred.
Compensation:The base pay for this position generally ranges between $160,000.00 to $180,000.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.
