Sr. Director, Accounting and Financial Reporting

Fresenius Medical Care

Waltham (MA)

On-site

USD 180,000 - 240,000

Full time

3 days ago
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Benefits offered by this job

Medical, dental, and vision insurance
401(k) with company match
Paid time off
Parental leave
Performance-based bonuses

Job summary

Fresenius Medical Care is seeking a Sr. Director of Accounting to lead all CE reportable segment accounting activities across onshore and offshore teams. You will shape internal controls, IFRS reporting, and financial governance while partnering with GBS to drive scalable service delivery.

The role requires 10+ years of related experience and 5+ years in management, with CPA preferred. Travel may be required as part of multi-location coordination and audits.

Qualifications

  • Bachelor’s degree required; Advanced Degree preferred.
  • Certified Public Accountant (CPA) license preferred.
  • 10+ years’ related accounting experience.
  • 5+ years’ experience in a managerial/functional leadership role.
  • Experience in multi-location accounting environments preferred.
  • Strong PC skills across office and ERP/CPM systems.

Responsibilities

  • Provide strategic leadership for accounting activities supporting the CE reportable segment.
  • Lead and direct a team of 8–10 Accounting Managers and senior leaders.
  • Coach and mentor managers and high-potential employees for succession planning.
  • Oversee accounting operations through subordinate managers and ensure policy compliance.
  • Serve as the senior accounting leader for the CE segment, IFRS reporting.
  • Provide technical accounting guidance on IFRS and new standards.
  • Maintain Sarbanes-Oxley controls and robust internal controls.
  • Oversee month-, quarter-, and year-end close and consolidation.
  • Prepare and review financial reporting packages for external reporting.
  • Partner with GBS to develop offshore accounting resources and scalable services.
  • Lead training and knowledge transfer for GBS teams on policies and IFRS.
  • Drive automation, standardization, and process improvements across accounting.
  • Establish performance metrics for onshore and offshore teams.

Skills

Leadership
IFRS knowledge
SOX compliance
Analytical skills
Interpersonal skills
Communication
ERP/CPM systems

Education

Bachelor’s Degree
Advanced Degree preferred

Tools

SAP
Oracle Hyperion Enterprise
BEx

Job description

PURPOSE AND SCOPE

The Sr. Director, Accounting is responsible for overseeing all of the CE reportable segments accounting functions. The incumbent will implement and maintain systems of internal controls that will ensure that company assets are adequately safeguarded and all financial systems are in compliance with company policies & procedures, and regulatory guidelines and requirements. The Sr. Director, Accounting plays a critical role in shaping and building the finance and accounting functions.

PURPOSE AND SCOPE

The Sr. Director, Accounting is responsible for overseeing all of the CE reportable segments accounting functions. The incumbent will implement and maintain systems of internal controls that will ensure that company assets are adequately safeguarded and all financial systems are in compliance with company policies & procedures, and regulatory guidelines and requirements. The Sr. Director, Accounting plays a critical role in shaping and building the finance and accounting functions.

PRINCIPAL DUTIES AND RESPONSIBILITIES
  • Provide strategic leadership for all accounting activities supporting Manufacturing, Selling, and Marketing operations (CE reportable segment), ensuring alignment with organizational objectives, financial reporting requirements, and the company's mission and core values.
  • Lead and direct a team of 8-10 Accounting Managers and senior leaders, fostering a high-performance culture focused on accountability, collaboration, continuous improvement, and talent development.
  • Develop organizational capability by coaching, mentoring, and succession planning for managers and high-potential employees, ensuring a strong leadership pipeline and long-term organizational sustainability.
  • Provide leadership and oversight of accounting operations through subordinate managers, ensuring the effective execution of business processes, achievement of operational objectives, and compliance with corporate policies and regulatory requirements.
  • Serve as the senior accounting leader for the CE reportable segment, responsible for the integrity and accuracy of financial reporting related to Manufacturing, Selling, and Marketing activities, ensuring compliance with International Financial Reporting Standards (IFRS) and company accounting policies.
  • Act as the primary technical accounting resource for the CE reportable segment, providing guidance and interpretation of complex accounting matters, IFRS requirements, new accounting standards, and financial reporting issues.
  • Ensure a robust internal control environment by establishing, maintaining, and continuously enhancing Sarbanes-Oxley (SOX) controls, financial governance processes, and risk management practices to safeguard company assets and ensure accurate financial reporting.
  • Oversee month-end, quarter-end, and year-end close and consolidation activities, ensuring timely, accurate, and complete financial reporting and analysis.
  • Direct the preparation, review, and analysis of financial reporting packages ensuring they align with the externally reported statements, disclosures, account reconciliations, and supporting documentation to maintain compliance with internal and external reporting requirements.
  • Partner with, review work product of, and develop the organization's Global Business Services (GBS) accounting operations.
  • Partner closely with GBS leadership to develop offshore accounting resources, improve technical accounting competencies, strengthen operational effectiveness, and establish scalable, sustainable service delivery models.
  • Lead training, coaching, and knowledge-transfer initiatives for GBS teams to ensure adherence to accounting policies, IFRS requirements, internal controls, reconciliation standards, and financial reporting expectations.
  • Drive continuous improvement, automation, and standardization initiatives across accounting processes, leveraging technology, data analytics, AI-enabled solutions, and shared service capabilities to enhance efficiency, control, and scalability.
  • Establish and monitor performance metrics to evaluate operational effectiveness, service quality, compliance, and continuous improvement initiatives across both onshore and offshore accounting teams.
  • Collaborate with executive leadership, Finance, Operations, Tax, Treasury, Internal Controls, and other business partners to support strategic initiatives, business growth objectives, and organizational transformation efforts.
  • Lead cross-functional and cross-regional projects focused on process improvements, systems implementations, organizational effectiveness, and accounting transformation initiatives.
  • Maintain overall responsibility for department staffing, organizational design, resource allocation, and expense management, ensuring effective deployment of talent and financial resources.
  • Serve as the primary liaison for the CE reportable segment with external auditors, coordinating audit activities, managing audit requests, reviewing audit findings, and ensuring timely resolution of issues.
  • Partner with Internal Audit, Compliance, and Corporate Accounting functions to support governance initiatives, risk assessments, and regulatory compliance efforts.
  • Promote a culture of employee engagement, development, inclusion, and accountability while creating opportunities for professional growth and advancement throughout the accounting organization.
  • Assist with special projects and strategic initiatives as assigned by executive leadership.
  • Perform other duties as assigned.

Additional responsibilities may include focus on one or more departments or locations. See applicable addendum for department or location specific functions.

PHYSICAL DEMANDS AND WORKING CONDITIONS
  • The physical demands and work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • Travel may be required.
SUPERVISION

Responsible for the direct supervision of various levels of accounting staff.

EDUCATION
  • Bachelor’s Degree required; Advanced Degree preferred
EXPERIENCE AND REQUIRED SKILLS
  • 10+ years’ related experience.
  • 5+ years’ experience as a Manager; or 5+ years’ experience in a functional management role.
  • Certified Public Accountant (CPA) license preferred.
  • Demonstrated experience managing one or more departments.
  • Prior experience in a multi-location accounting environment preferred.
  • Strong computer skills with demonstrated proficiency in word processing, spreadsheet, database, presentation and email applications.
  • Demonstrated proficiency with enterprise resource planning (ERP), corporate performance management (CPM), and analytical reporting systems (e.g., SAP, Oracle Hyperion Enterprise, BEx, etc.).
  • Concrete knowledge of IFRS, SOX and other regulatory requirements.
  • Excellent leadership and interpersonal skills with an ability to effectively communicate with all levels of management and staff personnel.
  • Detail oriented with strong analytical and organizational skills.
ADDENDUM

Sr. Director, Accounting and Financial Reporting – CE Reportable Segment

This role oversees all of the accounting and Financial Reporting for the CE segment related component business’ including the following:

  • NxStage
  • MSC
  • Supply Chain

The main functions are financial reporting, partnering with the GBS and other stakeholders, and accurate balance sheet reconciliation.

Intercompany transactions, inventory valuation, foreign currency translation, hedging, external audit support, and internal controls are all main functions of this role.

Benefit Overview: This position offers a comprehensive benefits package including medical, dental, and vision insurance, a 401(k) with company match, paid time off, parental leave and potential for performance-based bonuses depending on company and individual performance.

EOE, disability/veterans

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