Sr Controllership Manager

Company: Disability Solutions
Location: Des Plaines
Posted on: September 1, 2024

Job Description:

Sr Controllership Manager Sr
Controllership Manager for Honeywell International, Inc. in Des Plaines, ILResponsibilities:-- Ensure
compliance with corporate accounting policies, U.S. GAAP and statutory
requirements with respect to customer contracts, business proposals and
ongoing customer engagement. Research
technical accounting guidance for business-specific scenario analysis and
prepare white papers. Collaborate
with UOP leadership and Finance teams on structuring and interpreting key
contract provisions for appropriate accounting treatment. Provide
guidance to business teams with respect to joint venture structures,
related accounting, and reporting matters. Participate
in merger and acquisition diligence and integration activities. Assist
with monthly/quarterly close process, review journal entries with finance
teams and accountants. Review
unbilled receivables, advances, and other aspects of long-term contract
accounting. Provide
Schedule of Executive Authority (SEA) guidance for bids and proposals,
purchase commitments, service arrangements, etc. Ensure
internal controls are designed and operating effectively, identify
deficiencies, develop corrective action plans, and continue monitoring for
timely remediation and closure. Balance
Sheet Reviews, internal and external audit support. Review
significant transactions with external auditors and address questions /
observations. Support
quarterly reporting requirements, including disclosure schedules and
miscellaneous accounting matters.----ADDITIONAL INFORMATION:---Location: Des Plaines, IL---40 hours/week---Employee Referral Fee: $1500---If offered employment must have legal right to work in U.S. EOE.--YOU MUST HAVE:Qualified candidates will possess a Bachelor's degree in Accounting, Finance or a related field, and eight (8) years of direct accounting and financial analysis experience in progressively responsible roles. Full term of experience must include: oversight responsibilities for accounting and financial analysis; technical accounting knowledge and research skills in U.S. GAAP, related to revenue recognition (ASC 606), including gross-to-net assessment, evaluating performance obligations and estimating stand-alone selling price; performing contract reviews including modification, renewal options, post-contract customer support and termination clauses; accounting experience for joint ventures and related consolidation evaluation; experience with SOX 404, including assessing internal control framework, evaluating effectiveness of controls, and remediating control deficiencies; proficiency in accounting for business combinations (ASC 805) including reviewing opening balance sheet, projected financial information, fair value measurement and consideration transferred; ability to work cross-functionally and develop strong working relationships across organizational and functional boundaries to obtain all relevant facts, understand the business requirements, identify the accounting requirements and communicate the conclusions reached; understanding of the financial statement close process, including journal entry review and account reconciliation and ability to play a key role in developing and implementing new financial process improvements; and experience leading and coaching junior team members. Must be a licensed CPA. Up to 10% international and domestic travel required. Telecommuting permitted up to two (2) times per week.Additional Information

Keywords: Disability Solutions, Des Plaines , Sr Controllership Manager, Accounting, Auditing , Des Plaines, Illinois