Manager, Technical Accounting
2 weeks ago
Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23,000 employees operating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions.
Core Responsibilities :
• Provide technical accounting expertise and analysis on complex topics across the global organization, with particular emphasis on M&A transactions and divestiture activities.
• Conduct research and prepare technical accounting position papers and presentations that clearly support conclusions.
• Monitor and analyze new accounting standards and regulatory developments; assess their impact and lead implementation efforts.
• Assist in the integration of newly acquired businesses, including preparation of opening balance sheets, valuation documentation and other support.
• Collaborate with accounting and cross-functional teams (e.g., Treasury, Tax, Controllership, FP&A, Corporate Development) to operationalize accounting guidance for complex and non-routine transactions.
• Develop, maintain, and align accurate accounting policies; lead policy initiatives and ensure global policies are up to date.
• Train global finance teams on select technical accounting topics.
• Oversee accounting areas including financial instruments, complex estimates, treasury transactions, and the accounting for acquired or divested businesses.
• Support quarterly close and reporting processes, including ownership of certain SEC disclosure areas and footnotes in Xylem’s Form 10-K and Form 10-Q.
• Interface with internal and external audit for areas of responsibility.
• Perform special projects and analyses as assigned by the Director of Global Technical Accounting.
• Identify and promote efficiencies within the technical accounting process to create a best practices environment.
• Develop a culture of continuous improvement, finance transformation, automation, training, and success in the finance organization.
High Impact Behaviors :
• Strategic Vision and Foresight: Senior professionals should have the ability to develop and communicate a clear vision for the future, anticipate trends, and prepare the organization to adapt to changes. This involves understanding the broader industry context and aligning team efforts with long term objectives.
• Mentorship and Talent Development: They should actively mentor junior colleagues, helping to shape the next generation of leaders. This includes sharing knowledge, providing guidance, and supporting career development opportunities for their teams.
• Influential Leadership: Senior professionals must be able to influence and inspire others, both within and outside the organization. This requires strong communication skills, credibility, and the ability to build and maintain relationships with key stakeholders.
QUALIFICATIONS :
• Bachelor’s Degree in accounting or business related field. CPA required.
• 5+ years of experience in a combination of public accounting and corporate technical accounting and/or reporting roles.
• Experience in accounting for mergers, acquisitions, and divestitures is preferred, including hands-on involvement in all transaction phases from due diligence to post-close integration.
• Strong expertise in U.S. GAAP and technical accounting matters, with proven experience conducting research and drafting position memos.
• Excellent written and verbal communication skills with the ability to influence and lead cross-functional teams effectively.
• Experience collaborating across departments and serving as a subject matter expert on technical accounting topics.
• Exceptional organizational skills and proven ability to manage competing priorities and meet tight deadlines.
• Computer skills necessary, preferably Microsoft Office (Excel, Word & PowerPoint). Knowledge of GAAP research tools, SAP, OneStream and Workiva Reporting a plus.
Join the global Xylem team to be a part of innovative technology solutions transforming water usage, conservation, and re-use. Our products impact public utilities, industrial sectors, residential areas, and commercial buildings, with a commitment to providing smart metering, network technologies, and advanced analytics for water, electric, and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of inclusion and belonging in driving innovation and allowing us to compete more effectively around the world.
At Xylem, you'll not only contribute to solving water issues but also have the chance to make a difference through our paid Volunteer Program, Xylem Watermark. We prioritize our employees' well-being through inclusion and belonging as well as our Employee Resource Groups (ERG). Proud to be an Equal Employment Opportunity (including disability and veterans) and Affirmative Action workplace, Xylem fosters an inclusive environment free from discrimination or harassment.
Please note that the information in this job description outlines the general nature of the position and is not an exhaustive list of duties. Xylem is dedicated to providing reasonable accommodations to enable all employees to perform their essential job functions. We reserve the right to modify this job description and assign additional duties as needed. Embrace the opportunity to be part of Xylem's transformative journey in shaping the future of water technology #XylemCareers #GlobalImpact #WaterInnovation
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