Technical Accounting Lead

SONOCO CANADA; Hartsville (SC); Hybrid; USD 161,000 - 199,000; Full time

Benefits offered by this job

Medical, dental, and vision

401(k) match

Wellbeing tools

Paid time off

Insurance plans

Tuition reimbursement

Job summary

Sonoco is seeking a Senior Manager/Director of Technical Accounting to assess accounting judgments and guide policy across the organization. The role reports to the Sr. Director - Corporate Controllership and offers hybrid work locations in Hartsville, SC or Charlotte, NC.

You will lead technical accounting analyses, policy updates, and coordination with auditors while ensuring adherence to US GAAP and SEC requirements. CPA and 9–12 years' experience, incl. Big 4, are preferred.

Qualifications

• Knowledge of key technical accounting areas in US GAAP.
• Effective communication, planning and leadership skills.
• Strong project management and collaborative abilities.

Responsibilities

• Identify and assess technical accounting issues in complex transactions.
• Provide guidance on accounting transactions with business leaders.
• Own policy writing, revision, and organization-wide application guidance.
• Understand changes to US GAAP, SEC guidance and PCAOB regulations.
• Lead impairment analyses for assets and monitor acquisition/disposition impacts.
• Support external reporting and audits with timely, accurate responses.

Skills

US GAAP knowledge

Technical accounting

Leadership

Communication

Travel willingness

Education

Accounting degree; CPA

Job description

From a small family business to a multi-billion-dollar global company, Sonoco has been changing the face of products and packaging since 1899 — all while keeping the heart of “People Build Businesses” alive. Our talented people are at the core of our growth, constantly reinventing the Sonoco wheel with brilliant solutions every year. Today we are a world leader in global packaging solutions with diversified operations in over 34 countries. We're extremely proud of our portfolio of brands, our achievements in sustainability and industrialization and the groundbreaking work accomplished by our people.

While reporting to the Sr. Director - Corporate Controllership, the Technical Accounting Lead will include assessing accounting judgments, developing accounting policy and managing cross-functional projects.

What you'll be doing:

• Identify and assess technical accounting issues in complex business transactions and prepare technical memorandums.
• Work closely with various business leaders to provide guidance on accounting transactions.
• Own the process of writing, revising, and/or reviewing the Company's written accounting policies and providing guidance throughout the organization on the application of such policies.
• Understand current changes to accounting standards, SEC guidance and PCAOB regulations.
• Perform impact analysis of new accounting pronouncements (as needed) and lead implementation efforts across the Company.
• Research and resolve technical accounting issues on a timely basis with the Company's external auditors.
• Support the Company's external reporting function, ensuring that the financial statements and disclosures are in conformity with the accounting principles generally accepted in the US.
• Assist with internal and external audits to ensure complete, timely, and accurate responses to information requests.
• Assist deal teams with pre and post deal-closure activities namely, evaluating accounting implications on various acquisition and disposition transactions pre-close; post deal-close, work with the Corporate Development team and external consultant on performing purchase price accounting exercise.
• Lead annual impairment analysis for all critical asset categories on the balance sheet i.e., goodwill, long-lived assets (PP&E, leases, intangibles), joint ventures, and other cost method investments.
• Organize enterprise-wide quarterly trainings on various topics as it relates to US GAAP, internal controls, and SEC matters.
• Perform other duties as needed.

This is a hybrid position and can be located in Hartsville, SC or Charlotte, NC.

We’d love to hear from you if:

• Bachelor’s or Master’s degree in Accounting; CPA required.
• 9-12 years+ of experience, including at least 4-6 years in public accounting; Big 4 experience strongly preferred.
• Knowledge of key technical accounting areas in US GAAP.
• Effective communication, planning and leadership skills.
• Strong project management skills.
• Must be able to adjust and work effectively in a dynamic, changing, and collaborative environment.
• Must be willing to travel as needed.
• Accomplished multitasking skills.

Compensation:

• Senior Manager, Technical Accounting: The annual base salary range for this role is from $160,720 to $180,810, plus an annual target bonus 14.5% of base salary.
• Associate Director, Technical Accounting: The annual base salary range for this role is from $176,800 to $198,900, plus an annual target bonus 16.5% of base salary.
• Director, Technical Accounting: The annual base salary range for this role is from $191,600 to $215,550, plus an annual target bonus of 18.75% of base salary.

Benefits:

• Medical, dental, and vision coverage for you and your dependents, including FSA and HSA options
• 401(k) retirement plan with company match
• Wellbeing tools and resources to support holistic health, including an Employee Assistance Program with a variety of services
• Paid time off and holidays to recreate, rejuvenate and care for the health of yourself and family
• Variety of company paid and voluntary employee-paid insurance plans including life, personal accident, and disability insurance
• Tuition reimbursement

We are an equal opportunity employer, and we strictly prohibit and do not tolerate discrimination against employees, applicants or any other covered persons because of race, color, religion, national origin or ancestry, sex, pregnancy, sexual orientation, marital status, gender identity or expression, age, disability, genetic information, veteran status, or any legally protected characteristic.

Founded in 1899, Sonoco (NYSE: SON) is a global leader in value-added, sustainable metal and fiber consumer and industrial packaging. The Company is now a multi-billion-dollar enterprise with approximately 22,500 employees working in 270 operations in 40 countries, serving some of the world’s best-known brands. Guided by our purpose of Better Packaging. Better Life., we strive to foster a culture of innovation, collaboration and excellence to provide solutions that better serve all our stakeholders and support a more sustainable future.

Sonoco was proudly named one of America’s Most Responsible Companies by Newsweek.