nVent

Sr. Manager External Reporting & Technical Accounting

nVent$123K — $229K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Accounting or Finance required; CPA certification preferred.
  • 6+ years of experience in Big 4 accounting or a mix of public accounting and industry required.
  • Strong understanding of U.S. GAAP and SEC reporting, particularly in complex areas like revenue recognition and derivatives.
  • Proven ability to build relationships with global finance and accounting teams with a consultative approach.
  • Demonstrated skills in leading and developing team members, with a high level of accountability.
  • Strong written and verbal communication skills, able to simplify complex accounting issues for diverse audiences.

Responsibilities

  • Lead preparation of financial statements for SEC filings in compliance with GAAP.
  • Act as primary contact for quarterly financial reviews and annual audits with external/internal auditors.
  • Research and document technical accounting implications of complex transactions.
  • Maintain and train on global accounting policies and ensure compliance with new standards.
  • Support M&A activities through due diligence and SEC reporting for acquisitions.
  • Conduct annual goodwill impairment analysis and valuation of pension plans.
  • Identify and implement process improvements within the finance organization.

Benefits

  • Medical, dental, and vision plans with flexible spending accounts and disability benefits.
  • 401(k) retirement plan and employee stock purchase plan with company match.
  • Tuition reimbursement and various leave options including parental and volunteer leave.
  • Back-up care services and well-being programs.
  • Legal and identity theft protection services.
Full Job Description

WHAT YOU WILL EXPERIENCE IN THIS POSITION:

  • Lead and implement the 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)
  • Lead 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 company’s position
  • Support acquisition due diligence and integration, and related purchase price accounting and SEC reporting requirements for M&A projects
  • Lead annual goodwill and intangibles impairment analysis and annual valuation of material pension plans
  • Lead all aspects of accounting 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
  • Partner with FP&A, Legal, and Investor Relations to align financial results and materials for leadership, board, and external collaborators
  • Using technology, identify and implement continuous improvements to process, controls and systems used by the External Reporting team and the broader finance organization
  • Partner and complete other finance related projects and initiatives, as assigned

YOU HAVE:

  • Bachelor’s degree in Accounting, Finance required. CPA certification preferred.
  • 6+ years of progressive experience either in a Big 4 public accounting firm or a combination of public accounting and industry experience required. 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 service attitude and the ability to build key working relationships with finance and accounting teams globally.
  • Ability to identify, advance and 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
  • Must be able to maintain a high degree of confidentiality.

Pay Transparency
 
nVent’s pay scale is based on the expected range of base pay for this job and the employee’s 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:

$123,500.00 - $229,500.00

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.

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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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