Sr. Manager External Reporting & Technical Accounting

RiseMe; Saint Louis Park (MN); Hybrid; USD 124,000 - 230,000; Full time

Benefits offered by this job

Health insurance

401(k) plan

Employee stock purchase plan

Job summary

nVent is seeking a senior accounting professional to lead external reporting under SEC and US GAAP. You will direct quarterly reviews, annual audits, and complex transaction accounting while maintaining policy framework and overseeing new standard adoption.

You will also support M&A diligence, goodwill and impairment analyses, and collaborate with FP&A, Legal, and IR to present accurate financial results. Hybrid work options may apply.

Qualifications

• Bachelor’s degree in Accounting or Finance; CPA preferred.
• 6+ years in public accounting or corporate with SEC reporting experience.
• Strong U.S. GAAP knowledge and SEC reporting expertise.

Responsibilities

• Prepare external financial statements under SEC and U.S. GAAP.
• Lead quarterly reviews and annual audits with auditors.
• Analyze complex/ non-standard transactions for accounting implications.
• Maintain accounting policies and timely adoption of new standards.
• Support acquisition due diligence and related purchase price accounting.
• Lead impairment analyses of goodwill and intangibles.
• Coordinate with FP&A, Legal, IR to align financial results.
• Identify and implement process improvements in reporting controls and systems.

Skills

SEC reporting

U.S. GAAP

Financial reporting

Leadership

Education

Accounting/Finance degree

Tools

ERP systems

Audit coordination

Job description

We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.

WHAT YOU WILL EXPERIENCE IN THIS POSITION:

• Lead and implement the timely and accurate preparation of all financial statements for external use in accordance with SEC and U.S. GAAP requirements (Form 10-Q, 10-K, 8-K and other required filings)
• Lead quarterly financial reviews and annual audit process, serving as primary point of contact for external and internal auditors
• Research, evaluate and document technical accounting implications of complex or non-standard transactions
• Keep current on proposed accounting and SEC reporting matters to proactively update senior management
• Maintain global accounting policies and procedures, including monitoring new pronouncements and leading the implementation and training of any updated or new accounting standards, ensuring timely adoption and accurate documentation of the company’s position
• Support acquisition due diligence and integration, and related purchase price accounting and SEC reporting requirements for M&A projects
• Lead annual goodwill and intangibles impairment analysis and annual valuation of material pension plans
• Lead all aspects of accounting for areas that may contain a high degree of complexity, such as hedging and derivatives, stock-based compensation and leases, including preparation of related valuations and technical documentation as needed
• Partner with FP&A, Legal, and Investor Relations to align financial results and materials for leadership, board, and external collaborators
• Using technology, identify and implement continuous improvements to process, controls and systems used by the External Reporting team and the broader finance organization
• Partner and complete other finance related projects and initiatives, as assigned

YOU HAVE:

• Bachelor’s degree in Accounting, Finance required. CPA certification preferred.
• 6+ years of progressive experience either in a Big 4 public accounting firm or a combination of public accounting and industry experience required. SEC reporting and technical accounting experience preferred.
• Strong U.S. GAAP technical accounting and SEC reporting foundation with expert knowledge and practical experience in topics such as revenue recognition, leases, derivatives and hedging, stock-based compensation, business combination and financial statement presentation and disclosure.
• Strong advisory/consultative skills with a service attitude and the ability to build key working relationships with finance and accounting teams globally.
• Ability to identify, advance and respond quickly to unexpected challenges and opportunities.
• Strong writing, presentation and communication skills and ability to easily explain complex accounting issues and conclusions to a variety of audiences.
• Ability to effectively lead, inspire and develop team members.
• A high level of accountability, ownership and comfort leading through change
• Must be able to maintain a high degree of confidentiality.

WE HAVE:

• A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day

  • nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation.

  • Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.

• Commitment to strengthen communities where our employees live and work

  • We encourage and support the philanthropic activities of our employees worldwide

  • Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money

• Core values that shape our culture and drive us to deliver the best for our employees and our customers. We’re known for being:

  • Innovative & adaptable

  • Dedicated to absolute integrity

  • Focused on the customer first

  • Respectful and team oriented

  • Optimistic and energizing

  • Accountable for performance

Benefits to support the lives of our employees

Pay Transparency

nVent’s pay scale is based on the expected range of base pay for this job and the employee’s work location. Employee pay within this range will be based on a combination of factors including knowledge, skills, abilities, experience, education, and performance. Where federal, state, or local minimum wage requirements exist, employee pay will comply.

Compensation Range:

$123,500.00 - $229,500.00

Depending on the position offered, employee may be eligible for other forms of compensation, such as annual incentives.

Benefit Overview

At nVent, we value our people and their health and well-being. We provide a broad benefits package with meaningful programs for eligible full-time employees that includes:

• Medical, dental, and vision plans along with flexible spending accounts, short-term and long-term disability benefits, critical illness, accident insurance and life insurance.

• A 401(k) retirement plan and an employee stock purchase plan — both include a company match.

• Other supplemental benefits may include tuition reimbursement, caregiver, personal and parental leave, back-up care services, paid time off including volunteer time, a well-being program, and/or legal & identity theft protection.

At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other’s authenticity because we understand that uniqueness sparks growth.

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