Manager, Technical Accounting

Zoetis; Parsippany-Troy Hills (NJ); On-site; USD 105,000 - 151,000; Full time

Benefits offered by this job

Healthcare and insurance benefits

401K with match

4 weeks vacation

Job summary

Zoetis seeks a Manager, Technical Accounting in Parsippany, NJ to provide technical accounting analysis and support for new and complex transactions. They will monitor standard setting activities and draft accounting policies and white papers while collaborating with regional finance leaders.

The role includes leading revenue recognition policy development, advising on capitalization, leases, impairments, and participating in training programs.

Qualifications

• CPA required.
• 4+ years' experience in a financial accounting role.
• Public accounting experience preferred, ideally Big 4.

Responsibilities

• Defines and optimizes contract revenue recognition policies and processes.
• Advise business partners and Commercial colleagues on accounting guidance for capitalization, revenue, leasing, impairments.
• Collaborate with technical accounting team to develop trainings for the finance organization on new policies and standards.
• Monitor and analyze FASB ASUs, SEC changes and impact on Zoetis.
• Provide consultation support for day-to-day questions on accounting and reporting from all Zoetis functions.
• Develop guidance by analyzing data and assumptions and communicate recommended actions.
• Lead special projects and change initiatives with accounting considerations.
• Develop accounting policies for new and updated accounting standards.
• Assist in business development (M&A) activities including purchase accounting and integration.

Skills

US GAAP knowledge

ASC 606

Analytical thinking

Effective communication

Multi-tasking

Team collaboration

Public accounting experience

Education

CPA

Big 4 experience

Job description

Role Description

The Manager, Technical Accounting will provide technical accounting analysis and support for unique and new accounting transactions for Zoetis. They will follow and provide updates on the standard setting activities of the FASB/SEC/PCAOB/IASB as well as evaluate the applicability to and impact on Zoetis. This includes developing/updating accounting policies and drafting white papers for new standards and complex transactions. This position interacts daily with leaders, managers, and colleagues (including the regional Controllers/Finance Directors) of the various regions and enabling functions, as well as other members of Zoetis Controllers/Finance, Business Technology (ZTD), Legal/Compliance organizations. The Manager, Technical Accounting reports to the Senior Manager, Technical Accounting.

Responsibilities

• Defines and optimizes contract revenue recognition policies and processes in compliance with technical standards.
• Advise business partners and Commercial colleagues on technical accounting guidance for various topics including capitalization, revenue, leasing, impairments.
• Collaborate with technical accounting team to develop and present trainings to support continuing education programs for the finance organization, including training related to the adoption of new policies/accounting standards and other hot topics.
• Monitor and analyze FASB ASUs, proposed ASUs, SEC issued/proposed rule changes and the impact on Zoetis.
• Provide consultation support for day-to-day questions on accounting and reporting from all Zoetis functions.
• Develop appropriate guidance by analyzing data and assumptions, formulate positions/alternatives and communicate the recommended course of action.
• Develop a process for managing and cataloging consultations to ensure consistency of guidance provided.
• Lead special projects and change initiatives throughout the organization, advising on accounting considerations as required.
• Develop accounting policies for new and updated accounting standards.
• Maintain log of accounting inquiries and conclusions reached.
• Assist in business development (M&A) activities including purchase accounting and integration activities.
• Create and develop newsletter content for communication to the finance organization.
• Support quarterly and annual reporting and processes including the 10Q/10K and impairment assessments for Goodwill and Intangible Assets and audit support.
• Support and enable the set up of the corporate accounting function, including documenting current and future processes.

Qualifications (Training, Education & Prior Experience)

• Education: University degree in accounting CPA
• Experience: Strong technical accounting skills.
• 4+ years' experience in a financial accounting role.
• CPA required.
• Prior experience in public accounting (preferably with a "Big 4" firm).

Skills

• Strong US GAAP knowledge and experience.
• Strong experience with application of ASC 606 - Revenue from Contracts with Customers.
• Strong analytical background with strategic thinking capabilities and attention to detail.
• Ability to communicate effectively with all levels of management both verbally and in writing.
• Comfortable working in a fast-paced, high-energy environment.
• Ability to multi-task, consistently meeting deadlines on multiple projects and activities.
• Work effectively in a team environment and in building collaborative relationships with peers and with other stakeholders.

Salary and Compensation

The U.S. base salary range for this full-time position is 105,000-151,000. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the base pay target range for new hire salaries for the position. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.

This position is also eligible for short-term incentive compensation. This position is also eligible for long-term incentives.

Benefits

• Healthcare and insurance benefits beginning on day one.
• 401K plan with a match and profit-sharing contribution from Zoetis.
• 4 weeks of vacation.

Full time Regular Colleague

Equal Opportunity and Diversity

Zoetis is committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability or veteran status or any other protected classification. Disabled individuals are given an equal opportunity to use our online application system. We offer reasonable accommodations as an alternative if requested by an individual with a disability. Please contact Zoetis Colleague Services at [e-mail] to request an accommodation. Zoetis also complies with all applicable national, state and local laws governing nondiscrimination in employment as well as employment eligibility verification requirements of the Immigration and Nationality Act. All applicants must possess or obtain authorization to work in the US for Zoetis. Zoetis retains sole and exclusive discretion to pursue sponsorship for the acquisition or maintenance of nonimmigrant status and employment eligibility, considering factors such as availability of qualified US workers. Individuals requiring sponsorship must disclose this fact. Please note that Zoetis seeks information related to job applications from candidates for jobs in the U.S. solely via the following: (1) our company website at www.Zoetis.com/careers site, or (2) via email to/from addresses using only the Zoetis domain of "@zoetis.com". In addition, Zoetis does not use Google Hangout for any recruitment related activities. Any solicitation or request for information related to job applications with Zoetis via any other means and/or utilizing email addresses with any other domain should be disregarded. In addition, Zoetis will never ask candidates to make any type of personal financial investment related to gaining employment with Zoetis.

Join Zoetis

Join Zoetis - and build your career with a global animal health company dedicated to supporting its customers and their businesses.

Why Zoetis

Zoetis has more than 60 years of experience in delivering innovative, high-quality products and services that benefit our customers.

Zoetis work environment

At Zoetis, we take pride in a collaborative spirit and high-performing environment where every colleague is given room to learn and grow.

Your opportunities at Zoetis

We invest in our people and offer diverse and exciting opportunities to make a difference in a growing global industry while shaping the future of animal health.

Results that matter

Our colleagues make an impact by working hand-in-hand with those who raise and care for animals to better understand and address the unique real-world challenges they face.