Accounting Manager M&A

Daikin Applied; Plymouth (MN); Hybrid; USD 90,000 - 137,000; Full time

Job summary

A leading HVAC company is seeking an Accounting Manager M&A based in Plymouth, MN or Jersey City, NJ. This role will work on mergers, acquisitions, and integrations, leading financial processes and providing insights on monthly transactions. The ideal candidate will have substantial experience in finance and accounting, especially in M&A environments, and should demonstrate strong project management skills.

Benefits

Medical/Dental/Vision coverage

401K match

Paid Time Off

Qualifications

• 6+ years of progressive Finance or Accounting experience.
• 4+ years of direct leadership experience.
• Experience with M&A transactions and managing closing schedules.

Responsibilities

• Support the Finance work stream on Mergers and Acquisitions.
• Conduct due diligence related to Accounting Practices.
• Coordinate with Targets on Internal Control Requirements.

Skills

Project Management

Financial Analysis

Budgeting

Education

Bachelor's degree in Finance or Accounting

Tools

Hyperion

Job description

Make your mark at the world's largest HVAC company

Location: Plymouth, MN or Jersey City, NJ (Hybrid 3 days on-site 2 days remote)

The Accounting Manager M&A will support the diligence on mergers, acquisitions, and integrations by driving the process related to accounting policies and closing practices. Post-closing the position will be a finance partner to the acquired business by understanding the monthly transactions, mapping the monthly trial balance to the consolidation tool, reviewing monthly closing schedules, and monitoring actual to budget variances. The position is critical to obtain timely reporting and visibility to financial results to Daikin Applied. This role will be based the US, supporting acquisitions across all business lines.

This individual will partner closely with various leaders at the target and leaders within the Daikin Applied finance and Sales and Service organizations. This role will lead the pre and post-acquisition integration activities across multiple transactions for the Finance function through planning, prioritizing, organizing, and management of the integration to meet business objectives.

A Day in the Life:

• Supports the Finance work stream on Mergers and Acquisitions; including the Accounting Policies, and Controls.


• Develop project plan and schedule in close partnership with internal due diligence teams, integration teams, corporate development, and the PMO.


• Perform due diligence related to Accounting Practices including review of policies and month end closing process, in order to identify risks and opportunities, propose and validate integration assumptions, identify integration challenges and mitigation paths


• Prepare purchase accounting and opening balance for each Target


• Assess Target for Compliance with US GAAP and ensure monthly adjustments are identified required for Compliance (ex: Revenue Recognition)


• Partner with Target to align month end close process and reporting requirements to DAA schedule


• Coordinate with Target on Internal Control Requirements to ensure Compliance with JSox


• Post-Closing obtain monthly trial balances from acquired entity and consolidate into DAA Reporting Tool (Hyperion), review monthly reporting packages, analyze transaction detail from ERP system to ensure accurate classifications and reporting


• Perform budget to actual analysis on a monthly basis with acquired entity to identify and report variances


• Perform monthly allocations inclusive of payroll, benefits, and other central costs to each acquired entity


• Assist in the monthly intercompany process including eliminations and reconciliations

What's in It For you:

• Medical/Dental/Vision coverage, PTO, 401K match, support for community involvement and much more!


• The ability to make an impact and shape your career with a company that is passionate about growth


• The support of an organization that believes it is vital to include and engage diverse people, perspectives, and ideas to achieve our best

Minimum Qualifications:

• Bachelor's degree in Finance or Accounting


• 6+ years of progressive Finance or Accounting experience to include: implementing accounting policies and monthly closing schedules and managing month end closing process and reporting according to schedule


• 4+ years of direct experience directly or indirectly leading direct or indirect reports


• Demonstrated program, project management capability with experience running large scale global projects


• Work sponsorship is not available for this position


• Travel as needed - about 25-30%

Preferred Qualifications:

• 4+ years' of direct experience with M&A transactions and/or purchase accounting


• Experience using Hyperion or other consolidation tools


• Accounting or Finance experience within HVAC, construction or building material manufacturing industry


• CPA

Daikin Applied offers the following benefits for this position, subject to applicable eligibility requirements

• Multiple Medical insurance plan options + Dental and Vision insurance


• 401K retirement plan with employer contributions matching 100% of the first 3% an employee contributes and 50% on the next 2% of employee contributions


• Company provided life insurance + optional employee paid voluntary life insurance, dependent life coverage and voluntary accident coverage


• Short term and long-term disability


• 120 hours (3 weeks) Paid Time Off for new employees + 11 company paid holidays


• 40 hours (1 week) Sick Time

The typical Salary for this position ranges from $90,000 - $137,000 in MN OR $107,000 - $150,000 in NJ. The range displayed represents the pay range for all positions in the job grade which this position falls. Individual base pay will depend on a wide range of factors including your skills, qualifications, experience, and location.