Sonoco

Technical Accounting Lead

Sonoco • $160K — $180K *
Charlotte, NC 28269In-Person
Legal & Accounting
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's or Master's degree in Accounting; CPA required.
  • 9-12 years of relevant experience, with at least 4-6 years in public accounting, preferably Big 4.
  • Strong understanding of US GAAP technical accounting areas.
  • Effective communication and leadership capabilities.
  • Demonstrated project management skills.
  • Ability to adapt in a dynamic and collaborative setting.
  • Willingness to travel as required.

Responsibilities

  • Identify and analyze technical accounting issues in complex transactions and document findings.
  • Collaborate with business leaders to provide accounting transaction guidance.
  • Draft, revise, and review company's accounting policies and ensure organization-wide adherence.
  • Stay updated on changes to accounting standards and regulations such as SEC and PCAOB.
  • Analyze impacts of new accounting pronouncements and lead implementation efforts.
  • Timely resolve technical accounting issues in coordination with external auditors.
  • Support external reporting function to ensure compliance with US GAAP.

Benefits

  • Medical, dental, and vision coverage for employees and dependents, including FSA and HSA options.
  • 401(k) retirement plan with company match.
  • Access to wellbeing tools and resources, including an Employee Assistance Program.
  • Paid time off and holidays for health and family needs.
  • Variety of insurance plans, including life, personal accident, and disability insurance.
  • Tuition reimbursement offerings.
Full Job Description
While reporting to the Sr. Director - Corporate Controllership, the Technical Accounting Lead will include assessing accounting judgments, developing accounting policy and managing cross-functional projects.

What you'll be doing:
  • Identify and assess technical accounting issues in complex business transactions and prepare technical memorandums.
  • Work closely with various business leaders to provide guidance on accounting transactions.
  • Own the process of writing, revising, and/or reviewing the Company's written accounting policies and providing guidance throughout the organization on the application of such policies.
  • Understand current changes to accounting standards, SEC guidance and PCAOB regulations.
  • Perform impact analysis of new accounting pronouncements (as needed) and lead implementation efforts across the Company.
  • Research and resolve technical accounting issues on a timely basis with the Company's external auditors.
  • Support the Company's external reporting function, ensuring that the financial statements and disclosures are in conformity with the accounting principles generally accepted in the US.
  • Assist with internal and external audits to ensure complete, timely, and accurate responses to information requests.
  • Assist deal teams with pre and post deal-closure activities namely, evaluating accounting implications on various acquisition and disposition transactions pre-close; post deal-close, work with the Corporate Development team and external consultant on performing purchase price accounting exercise.
  • Lead annual impairment analysis for all critical asset categories on the balance sheet i.e., goodwill, long-lived assets (PP&E, leases, intangibles), joint ventures, and other cost method investments.
  • Organize enterprise-wide quarterly trainings on various topics as it relates to US GAAP, internal controls, and SEC matters.
  • Perform other duties as needed.


This is a hybrid position and can be located in Hartsville, SC or Charlotte, NC.

We'd love to hear from you if:
  • Bachelor's or Master's degree in Accounting; CPA required.
  • 9-12 years+ of experience, including at least 4-6 years in public accounting; Big 4 experience strongly preferred.
  • Knowledge of key technical accounting areas in US GAAP.
  • Effective communication, planning and leadership skills.
  • Strong project management skills.
  • Must be able to adjust and work effectively in a dynamic, changing, and collaborative environment.
  • Must be willing to travel as needed.
  • Accomplished multitasking skills.


Compensation:

Senior Manager, Technical Accounting: The annual base salary range for this role is from $160,720 to $180,810, plus an annual target bonus 14.5% of base salary.

Associate Director, Technical Accounting: The annual base salary range for this role is from $176,800 to $198,900, plus an annual target bonus 16.5% of base salary.

Director, Technical Accounting: The annual base salary range for this role is from $191,600 to $215,550, plus an annual target bonus of 18.75% of base salary.

#LI-TW1

At Sonoco Products Company, we offer a comprehensive total rewards package, including competitive pay and benefits. *Benefits listed below are for employees located in the U.S. Specific benefits and wellbeing programs may vary depending on your location (within the U.S. or global), or if you are a union employee.

Benefits
  • Medical, dental, and vision coverage for you and your dependents, including FSA and HSA options
  • 401(k) retirement plan with company match
  • Wellbeing tools and resources to support holistic health, including an Employee Assistance Program with a variety of services
  • Paid time off and holidays to recreate, rejuvenate and care for the health of yourself and family
  • Variety of company paid and voluntary employee-paid insurance plans including life, personal accident, and disability insurance
  • Tuition reimbursement

About Sonoco

Sonoco is a supplier of packaging and recycling services. Their products include rigid paper containers, rigid plastic packaging, blister packaging, metal packaging, tubes, reels, plastic plugs, ink cartridges, uncoated recycled paperboard, foam packaging, fast packs, protection for paper rolls, molded foam components, medical packaging solutions, medical packaging equipment, temperature assurance packaging, etc. They serve markets including automotive, healthcare, household, food and beverages, construction, textiles, and more.

Sonoco Careers

Join Sonoco, a global leader in packaging solutions, and become part of a team that thrives on innovation, leadership, and diversity. At Sonoco, we offer more than just job opportunities; we provide a platform for professional growth and development in an environment that values each individual's contribution.

Work You’ll Do

At Sonoco, we are committed to driving progress in the packaging industry through innovative solutions. By joining our team, you will collaborate with skilled professionals to solve complex challenges and help our clients achieve sustainable success. Our commitment to leadership and diversity training ensures that every team member is equipped to lead, inspire, and grow.

Explore Career Paths

Whether you are looking for an internship, a full-time position, or a leadership role, Sonoco offers a range of career paths to suit your professional goals. Our hiring process is designed to identify and nurture talent, ensuring that the right skills are matched with the right opportunities.

Innovate and Lead

Be part of a culture that fosters innovation and continuous improvement. At Sonoco, you will work alongside industry experts to develop groundbreaking solutions that make a real difference. Our leadership programs offer the tools and training you need to advance your career and lead with confidence.

Benefits and Growth

Sonoco is dedicated to the growth and well-being of its employees. We offer competitive benefits, including health, retirement plans, and professional development opportunities. Our focus on career growth means we support you every step of the way, from refining your resume to preparing for your next interview.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. At Sonoco, every position offers the chance to make an impact.

Stay Connected

Keep up to date with the latest in career opportunities and company news. Join our networking events, participate in diversity initiatives, and connect with other professionals who share your passion for innovation and excellence.

Job Alert Emails

Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Sonoco. Explore the possibilities with Sonoco and build a career that you can be proud of. Join us in making a global impact through innovative packaging solutions.
Learn more about Sonoco
Size
20,500 employees
Market Cap
$5.8 billion
Industry
Food & Beverages
Net Income
$207.4 million
Founded
1899
5 Year Trend
+3.2%
Revenue
$5.2 billion
NASDAQ
SON
* Ladders Estimates

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