Manager - M&A Accounting and SEC Reporting

About this Role

The Manager - M&A Accounting and SEC Reporting includes the management and coordination of Quanta's accounting processes related to purchase price accounting, fair valuation assumptions and modeling related to intangibles and other assets, as well as other complex areas of accounting such as goodwill impairment testing and the implementation of new accounting pronouncements. In addition, this position manages and assists in the preparation and review of supporting schedules used in SEC disclosures, filings and published material. The position requires interaction with various groups within the corporate offices as well as domestic and international operating unit accounting personnel. This role reports to Quanta's Assistant Controller.

What You'll Do

• Manages technical accounting and prepares and reviews all workpapers related to business combinations associated with Quanta's frequent merger and acquisition activity, including:
• Involvement in the accounting due diligence process,
• Preparation of purchase accounting workpapers including review of closing balance sheet adjustments, determination of all necessary opening balance sheet adjustments and preparation and review responsibilities for the related journal entries,
• Assessment of acquisition consideration including net-working capital, make-whole, contingent consideration liabilities, and stock and other bonus compensation arrangements,
• Quarterly oversight with management to assess subsequent accounting for earnout liabilities, and preparation of related accounting entries,
• Preparation of intangible and other fair valuation assumptions and forecast/discounted cash flow models, including coordination with third party valuation specialists, as needed,
• Preparation of pro-forma financial statements and related disclosures as well as monitoring the significance of acquisitions and investments for any additional reporting requirements,
• Preparation of related acquisition documentation and accounting memorandums, and
• Assistance with accounting integration as needed, including regular coordination with acquisition integrator and corporate and/or operating unit accounting teams.
• Assists and participates in the reporting process for all SEC filings including 10-Q, 10-K, 8-K Earnings Release, 8-K proforma financials and other published earnings and investor materials and involving:
• MD&A drafting and support
• Disclosure drafting and support
• CEO and CFO script drafting and support
• Tie-out preparation
• XBRL tag preparation and review
• Earnings release historical, forecast and Non-GAAP metrics support
• Investor relations decks
• Supports Quanta's SEC reporting process in preparation and compilation of supporting schedules used for disclosure, specifically related to the following areas:
• Acquisitions,
• Goodwill and other intangible assets,
• Investments in Affiliates and other entities,
• Multi-employer defined benefit pension plans,
• Fair value measurements, and
• Cash requirements and capital allocation, specifically purchase commitments.
• Manages, coordinates, and maintains supporting files and documentation for annual goodwill impairment testing, including all assumptions, models and valuation methodology, including coordination with third party valuation specialists, as needed.
• Responsible for the preparation of certain consolidated financial statements including the statements of stockholders' equity and comprehensive income, as well as the calculation of earnings per share and actual/forecasted weighted-average shares outstanding.
• Assists in the determination and review of proper cash flow accounting treatment for certain complex transactions, especially as related to business combinations.
• Performs quarterly fluctuation analyses with respect to certain Quanta consolidated accounts under the responsibility of the External Reporting team.
• Coordinates the quarterly and annual project files within Quanta's external reporting application (Workiva) including the set-up, maintenance and rollforward procedures for the 10-Q, 10-K, and 8-K Earnings Release documents and spreadsheets.
• Assists with the implementation and prepares the documentation of new accounting pronouncements and company policies.
• Prepares and coordinates presentations to the Board of Directors, Audit Committee, Investors, and Operating Unit Presidents/Controllers.
• Assists the Legal and HR departments in the preparation, review and tie-out of Quanta's annual Proxy statement
• Assists the Treasury department in review of financial debt covenants, rating agency and various other financing presentations, forecasted weighted-average shares outstanding, and preparation of materials for debt offerings, as needed.
• Assists in the preparation and tie-out of various other financial data included in the annual Sustainability Report and data posted to the company's Interactive Analyst Center (IAC).
• Researches technical accounting issues and prepares memorandums that summarize the company's positions as well as implications to SEC disclosures.
• Performs internal controls for areas of responsibility and coordinates with the company's internal and external auditors.
• Educates and trains senior accountants and staff as well as manages the use of consultants and other third-party specialists, including quarterly coordination with Workiva representatives and regular coordination with M&A valuation specialists.
• Evaluates existing processes for efficiencies and recommends and implements process improvements as identified.
• Performs other duties as assigned, particularly related to supporting other corporate departments and operating units with process improvement and remediation activities as well as technical accounting matters.

What You'll Bring

• Bachelor's and Master's degree in Business Administration or Accounting
• 8-10 years public accounting experience or 10–12 years relevant industry experience within accounting field.
• Prior experience managing a financial reporting team for a large, accelerated SEC registrant/filer.
• Strong working knowledge of US GAAP accounting requirements and Sarbanes Oxley control requirements.
• Experience with business combination purchase accounting and technical accounting research and writing technical accounting memorandums.

Preferred Education and Experience

• Prior experience with external reporting/filing software, such as Workiva.
• Prior experience with ERP system – (Hyperion or OneStream, a plus)

LICENSES / CERTIFICATIONS:

Required Licenses/Certifications

• Certified Public Accountant (CPA)/Chartered Accountant

SUPERVISORY RESPONSIBILITIES:

Supervises others:
Yes

Has hiring and terminating responsibilities:
No

Number of employees report to this job:
1

TRAVEL REQUIREMENTS:

Travels: Yes (on an as needed basis)

Percent of time:
Up to 15%

COMPETENCIES

• Strong analytical, documentation, and organizational skills with high attention to detail.
• Advanced Microsoft Excel proficiency
• Effective communicator with strong interpersonal skills; able to collaborate across accounting and non-accounting teams
• Skilled at managing multiple priorities, meeting deadlines, and working independently while knowing when to seek guidance
• Proactive in identifying issues, proposing solutions, and supporting team members.
• Maintains strict confidentiality at all times.

Note: This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities, working conditions, physical demands, and activities my change or new ones may be assigned at any time with or without notice.

Quanta provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Equal Opportunity Employer

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, national origin or ancestry, sex (including gender, pregnancy, sexual orientation, and/or gender identity), age, disability, genetic information, veteran status, and/or any other basis protected by applicable federal, state or local law.

We are an Equal Opportunity Employer, including disability and protected veteran status.

We prohibit all types of discrimination and are committed to providing access and equal opportunity for individuals with disabilities. For additional information or if reasonable accommodation is needed to participate in the job application, interview, or hiring processes or to perform the essential functions of a position, please contact us the Company's Human Resources department.