Technical Accounting Manager

1 month ago

Iron Mountain, United States Hubbell Incorporated Full time
Job Overview

The team at Systems Control is has an exciting opportunity for a Technical Accounting Manager to oversee both project revenue and general accounting functions for our high performing team

This accounting position is responsible for managing Systems Controls Sarbanes-Oxley compliance, revenue compliance functions as well as supporting the monthly/quarterly close process. This is a hybrid position with a location preference at either the Systems Controls facilities in Iron Mountain, MI or Des Moines IA, or at another Hubbell  location. The primary responsibility of this position is to ensure Systems Controls revenue recognition complies with Hubbell policies and internal controls, and US GAAP. The Technical Accounting Manager will oversee the project accounting process and will collaborate with various levels throughout the organization.

#LI-AO1

#LI-Hybrid

A Day In The Life

Duties and Responsibilities

· Manage functional areas of responsibility including revenue recognition and ensure activities are executed in a timely and accurate manner in compliance with internal controls and Corporate policy.

· Perform accounting assessments of new contracts to determine revenue recognition in accordance with Hubbell’s policies and ASC 606; collaborate with the sales team on MSA/contract language to comply with standard company policies

· Partner with operations and project managers to validate and maintain control documentation for key inputs in the Company’s over-time accounting model, including providing updates to expected project costs.

· Work with the accounting and finance team to design effective accounting and reporting processes with an appropriate focus on internal controls.

· Stay current with emerging accounting guidance that may impact the business, proactively assessing the impact and alternatives, and effectively communicating those findings to the company’s leadership team.

· Liaison with the company’s Hubbell Corporate accounting team on technical accounting matters, presenting findings, assessments and alternatives Finance leadership.

· Perform month end close routines, including journal entries and account reconciliations.

· Partner with FP&A on the forecasting of revenue and costs related to projects recognized over-time.

· Assist with both internal and external financial audit activities.

· Assist with requests from both internal and external auditors.

· Analyze financial transactions for errors or deficiencies, identify root causes and remediation plans, and implement improvements to prevent recurrences.

· Special projects as assigned.

What will help you thrive in this role?

Skills and Experience

· Bachelor’s degree (B.A or B.S) in accounting, finance or related degree

· CPA, CMA and/or MBA preferred

· Senior finance professional with 5-8 years of experience managing technical accounting-and accounting and finance related activities

· Big 4 audit experience is preferred

· Strong working knowledge of ASC 606, its principles, and the application of these principles to everyday revenue-related transactions.

· Experience with accounting for revenue over-time including utilizing a full cost to cost model

· Experience with designing and implementing internal controls to mitigate business risks

· Familiarity with Sarbanes-Oxley control and compliance requirements

· Ability to effectively identify, diagnose, and communicate the impact of complex business transactions to the company’s leadership team

· Able to work hands on within the various departments of the organization and communicate effectively up the chain of command.

· Willingness and ability to adapt to the rapid business and organizational changes that accompany a high-growth environment.

· Ability to research and prepare internal memos to support conclusions on technical accounting issues by utilizing Accounting Standard Codification and other technical accounting sources.

· Proficient in verbal, written communication, and presentation skills.

· Exhibit a confident leadership presence and can effectively modify presentation styles to all levels within an organization.

· Highly organized with an ability to work well under tight time constraints and simultaneously manage multiple tasks.

· Experience with Syteline, SAP and OneStream preferred

Competencies

Hubbell Incorporated

 

Hubbell creates critical infrastructure solutions that power our customers, communities, people and the planet. Our company is strategically aligned around enabling grid modernization and electrification. As more products plug in to an aging grid, Hubbell solutions enable the transition to a more reliable, resilient and efficient energy infrastructure. Founded in 1888 our innovation has made us a leading global manufacturer of high quality electrical and utility solutions enabling customers to operate critical infrastructure reliably and efficiently.

 

The company operates in two segments. Hubbell Utility Solutions (HUS) enable the grid to conduct, communicate and control energy across utility applications and Hubbell Electrical Solutions (HES) are essential to managing power across a wide range of industries and applications. Our vertical market solutions can be applied to markets including Data Centers, Renewables, Commercial Buildings, Industrial, Telecom and Transportation. Supporting both of our business segments is our corporate and Hubbell Unified Business Solutions teams that provide consistent process, tools technologies across our businesses.

 

We are committed to operating sustainably and ethically while promoting an inclusive and supportive culture for our people to grow and develop in their careers. Our employees proudly work and serve our communities from our headquarters in Shelton, CT, across the United States and around the globe.

 

Hubbell Utility Solutions 

 

Hubbell Utility Solutions (HUS) enable the grid to conduct, communicate and control energy across utility applications. HUS provides the critical components that allow the grid to reliably transmit and distribute energy, as well as the communications and controls technologies to make the grid smarter and more flexible.

 

Hubbell Incorporated, its subsidiaries and affiliates, is an EO Employer AA: M/F/Veteran/Disability. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender identity or any other protected class.

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