Financial Analyst, Reporting & Consolidations

Mars, Incorporated and its Affiliates; McLean (VA); On-site; USD 101,000 - 139,000; Full time

Job summary

Mars, Incorporated and its Affiliates in McLean, Virginia seeks a Consolidations & External Reporting Associate to assist in preparing the annual and quarterly U.S. GAAP financial statements and the consolidations process.

You will collect data from decentralized business units, perform journal entries and variance analysis, support footnotes, and collaborate with external auditors to drive process improvements and ensure timely reporting.

Qualifications

• Bachelor's degree in accounting required.
• CPA license required.
• 2–4 years audit experience in public accounting.
• 1–2 years external reporting experience in industry.

Responsibilities

• Generate reports from financial systems for annual and quarterly U.S. GAAP statements and support close.
• Support periodic close and consolidation including journal entries and analysis.
• Assist with U.S. GAAP quarterly close process and calendar, including footnotes and schedules.
• Collaborate with external auditors to facilitate year-end audits and process improvements.
• Document processes, controls and communications related to the U.S. GAAP close.
• Work with business units to improve quality and consistency of reporting.

Skills

Excel proficiency

CPA

US GAAP

Education

Bachelor's in Accounting

Job description

Job Description:

The position is responsible for assisting with the preparation of the annual and quarterly U.S. GAAP consolidated financial statements of Mars, Incorporated and its subsidiaries with a focus on the periodic consolidations process and accounting. These responsibilities include collecting, evaluating and analyzing financial information from decentralized Mars business units and other corporate finance functions and the periodic review of business submissions for the periodic consolidation. The position will support the preparation of financial statements and documentation to support consolidation adjustments and financial statement footnotes. This position will support the Consolidations Lead along with Managers of External Reporting in the continued improvement over quality of data collected from business units. Improving the end-to-end processes and procedures followed in the preparation of the Company’s financial statements, developing instructions and other communications with business units, and maintaining a detailed calendar for the U.S. GAAP close process. This role supports the periodic close and consolidation process, including unit support, journal entries, analysis and reporting. Ensuring all company financial statement and related debt covenant compliance requirements are completed in advance of reporting deadlines.

What are we looking for?

• Minimum of a Bachelor's degree in Accounting and licensed CPA.
• 2-4 years of experience in the audit division.
• 1-2 years of experience in industry external reporting.
• Experience in working with external auditors and consultants.
• A global mindset and interest. The ability to understand country/region specific differences worldwide from a business and cultural perspective.
• Experience working with consolidation systems.
• Intermediate to advanced level of knowledge in Microsoft Excel and proficiency in other Office products including Word and PowerPoint.

What will be your key responsibilities?

• Generating reports from various financial systems to gather data required for preparing the annual and quarterly U.S. GAAP financial statements for Mars Incorporated, and supporting the overall Mars, Incorporated periodic close and consolidation process.
• Supporting the periodic close and consolidation process, including unit support, journal entries, analysis and reporting.
• Assisting with the U.S. GAAP quarterly close process and calendar. This includes assisting with the preparation of financial statements, footnotes, schedules to support the financial statements, audit committee schedules and the variance analysis. Project scheduling and tracking of progress including updating the calendar on a timely basis to track progress and meet deadlines is critical.
• Assist the Consolidations Lead and Financial Reporting Team in collaborating with external auditors throughout the year to identify all information needed to facilitate the preparation and audit of the financial statements and to address efficiencies that may be gained in the audit process.
• Assisting with documentation around all processes, procedures and controls related to the U.S. GAAP close and consolidation process.
• Assisting with responses to Business Unit accounting questions and working with Business Units to drive quality and process improvements.
• Assist with special projects for technical accounting and external reporting.
• Work closely with the Technical Accounting group to develop process changes required to meet new accounting guidance as interpreted by the Technical Accounting group. Communication of process changes to decentralized business units on appropriate treatment of transactions for management reporting and U.S. GAAP should be coordinate with the Technical Accounting and Special Projects manager.

What can you expect from Mars?

• Work with over 170,000 diverse and talented Associates, all guided by The Five Principles.
• Join a purpose driven company, where we are striving to build the world we want tomorrow, today.
• Best-in-class learning and development support from day one, including access to our in-house Mars University.
• An industry competitive salary and benefits package, including company bonus.

The base pay range for this position at commencement of employment is between the range listed below, however, base pay offered may vary depending on multiple individualized factors, including but not limited to job-related knowledge, skills, and experience. The total compensation package for this position will include variable pay, medical and dental benefits, participation in 401k plan, and paid time off benefits. Details of participation in these benefit plans will be provided if an applicant receives an offer of employment.

The pay range shown is applicable to all US locations listed within the job posting:USD 101,120.00 - USD 139,040.00