Sr. Manager, Financial Compliance and Technical Accounting at Goodwill Industries of SE WIS in Milwaukee, Wisconsin

Job Description:

The Senior Manager of Financial Compliance & Technical Accounting will lead the development and enforcement of accounting policies and procedures, ensuring compliance with new and existing accounting standards. This role is crucial in shaping the long-term accounting strategy and supporting the organization's technical financial framework.

RESPONSIBILITY LEVEL:

The Senior Manager of Financial Compliance & Technical Accounting will lead the development and enforcement of accounting policies and procedures, ensuring compliance with new and existing accounting standards. This role is crucial in shaping the long-term accounting strategy and supporting the organization's technical financial framework. This role will be also a key stakeholder for annual external financial audit, tax review, regulatory audit, and internal audit. Typically works on projects and initiatives that span 1-2 years and focuses on the creation of systems.

PRINCIPAL DUTIES:

1. Manage the development and implementation of corporate accounting policies and procedures in accordance with U.S. Generally Accepted Accounting Principles (GAAP) and Office of Management and Budget (OMB) guidelines.

2. Collaborate with internal teams on complex accounting issues such as revenue recognition, derivatives, impairments, fair value assessments, and business combinations.

3. Lead the adoption and implementation of new accounting standards, aligning them with the company's strategic goals.

4. Supervise the Financial Compliance Program Manager, ensuring compliance and addressing complex accounting queries.

5. Lead and support change management activities related to OMB methodology, including training, communication, and monitoring.

6. Identify opportunities for improvement in financial compliance and develop effective solutions.

7. Provide leadership and strategic direction in technical accounting and compliance matters.

8. Stay updated on regulatory changes and communicate potential impacts to the organization.

9. Establish and enforce internal controls to comply with regulatory requirements.

10. Foster collaboration across departments to ensure correct accounting treatments for complex transactions.

11. Design and conduct training programs on accounting and compliance for staff.

12. Perform internal audits to identify and resolve issues, recommending improvements.

13. Key stakeholder and participant of annual financial audits, single audits, and annual tax review.

14. Regularly communicate with cross functional department and leadership about compliance and financial reporting issues, advising on best practices.

15. Serve as a technical accounting expert, offering guidance to various stakeholders.

16. Undertake special projects and initiatives as directed by senior management.

17. Leading and Developing Talent: Manages departmental structure, development and training of staff. Actively networks and sources for positions within the team.

18. Project and Change Management: Plans and manages projects and improvement initiatives of moderate to high complexity related to departmental function. Manages change with direct reports (if applicable) and participates in the leadership coalition that supports the change.

19. Community Engagement: Champions and engages with community relations efforts, links outcomes to employee engagement.

20. Responsible for completing other duties/responsibilities as assigned.

REQUIREMENTS:

1. Bachelor s degree in Accounting or related field; CPA or equivalent certification required.

2. Minimum of 8 years of experience in accounting and financial compliance, or audit, with at least 3 years in a management role.

3. In-depth knowledge of U.S. GAAP, OMB regulations, and other financial compliance standards.

4. Excellent communication, analytical, and organizational skills.

LEADERSHIP COMPETENCIES:

1. Business Insight: Shares knowledge, keeps others informed of industry developments and provides education on business fundamentals. Applies insights and industry trends to drive critical initiatives. Helps others understand their contributions to the success of the broader organization.

2. Courage: Demonstrates the ability to deliver a difficult message and say no when necessary. Confronts tough organizational issues and coaches people on how to appropriately advocate in the face of adversity.

CORE CULTURALCOMPETENCIES:

1. Customer Focus: Gathers customer satisfaction input and aligns business processes to work with those of the customer. Holds others accountable for meeting customer needs and addresses gaps in meeting emerging customer needs.

2. Values Differences: Creates an environment where differences are openly shared, embraced and incorporated into the team s activities. Encourages others to be open to, seek and learn from diverse perspectives. Demonstrated sensitivity to cultural norms and expectations and helps other understand the value diversity brings to the business.

3. Communicates Effectively: Practices active and attentive listening and encourages candid and open communication among groups. Breaks down communication barriers and adjusts content and communication style to reach the audience and a diverse set of stakeholders.

4. Situational Adaptability: Sets an example of adaptability, adapting and shifting priorities in response to clients, constituents, or the organization. Helps teams adapt to new situations and shift approach or stay the course in the face of changing demands.

5. Drives Results: Fosters a sense of urgency within the team for reaching goals and meeting deadlines. Drives a record of success leading other to persist in achieving results despite setbacks or obstacles.

6. Ensures Accountability: Holds self and team accountable for outcomes and accepts responsibility for successes and failures of own work and the team s work. Creates feedback loops within processes; monitors metrics and milestones to chart progress against expectations and accountabilities.

PHYSICAL/SENSORY DEMANDS:

Job requires the following: remain stationary for sustained periods of time; ability to move about to accomplish tasks; must be able to operate a computer or similar technology, which typically involves substantial motions of wrist, hands and/or fingers; visual acuity to perform activities such as preparing data, operating equipment or review thoroughness of work; ability to communicate with others and exchange information. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.