Job Description
Job DescriptionOverview
The Director of Consolidations provides strategic and operational leadership over the monthly, quarterly, and annual financial close and consolidation processes for a large, complex organization and its domestic and international subsidiaries. Reporting to senior finance leadership, this role is responsible for ensuring the timely and accurate preparation of consolidated financial statements, maintaining compliance with US GAAP, and driving best practices across the accounting organization.
This position is ideal for an accomplished CPA with deep technical accounting expertise and significant experience leading complex consolidations. Candidates currently working in public accounting with substantial consolidation and large-company audit experience will also be considered.
Key Responsibilities
Global Consolidations & Financial Reporting
- Direct the end-to-end consolidation process for multiple domestic and international entities.
- Ensure the timely and accurate preparation of monthly, quarterly, and annual consolidated financial statements.
- Oversee financial reporting and disclosures in accordance with US GAAP and statutory requirements.
- Review and approve consolidation entries, intercompany eliminations, equity roll-forwards, and top-side adjustments.
Technical Accounting & Compliance
- Serve as the organization's subject matter expert on US GAAP and financial reporting matters.
- Research and interpret new accounting pronouncements and assess their impact on the organization.
- Provide technical accounting guidance to business units and finance teams.
- Ensure compliance with internal controls, accounting policies, and regulatory requirements.
Financial Close & Process Improvement
- Lead and continuously improve the month-end, quarter-end, and year-end close processes.
- Establish reporting timelines and requirements across all business units.
- Drive process optimization initiatives to improve efficiency, accuracy, and scalability.
- Partner with cross-functional teams to enhance financial reporting capabilities and controls.
Systems & Audit Management
- Oversee and maintain the consolidation and reporting system, including chart of accounts structure and entity mapping.
- Act as the primary liaison with external auditors regarding consolidation and technical accounting matters.
- Coordinate audit requests and support annual financial statement audits.
- Leverage technology and reporting tools to streamline consolidation activities.
Leadership & Team Development
- Lead, mentor, and develop a team of accounting managers and senior professionals.
- Establish performance objectives aligned with organizational goals.
- Foster a culture of accountability, collaboration, and continuous improvement.
- Partner with senior leadership on strategic finance initiatives and organizational priorities.
Qualifications
Required
- Bachelor's degree in Accounting, Finance, or related field.
- Certified Public Accountant (CPA) designation is required.
- Minimum 12+ years of progressive accounting and financial reporting experience.
- Experience leading complex multi-entity consolidations within a large public or private company environment.
- Strong knowledge of US GAAP, financial reporting, and consolidation accounting.
- Proven leadership experience managing accounting teams and developing finance professionals.
Public Accounting Candidates Welcome
- Candidates currently in public accounting will be considered.
- Strong preference for experience with a Big Four or large national/regional public accounting firm.
- Experience auditing large, complex organizations and advising clients on consolidation and technical accounting matters is highly desirable.
Technical Skills
- Deep expertise in:
- Consolidations and financial reporting
- Intercompany eliminations
- Equity accounting
- Non-controlling interests
- Top-side adjustments
- Technical accounting research
- Advanced Excel skills required.
- Experience with Hyperion, Oracle, or comparable enterprise consolidation/reporting systems preferred.
Preferred Qualifications
- MBA or advanced degree.
- Experience working with multinational organizations.
- Knowledge of IFRS reporting considerations.
- Experience with lease accounting and ASC 842.
- Track record of leading finance transformation and process improvement initiatives.
Compensation & Work Environment
- Hybrid work arrangement: 3 days in-office (Monday, Tuesday, Wednesday) in Melville, Long Island.
- Opportunity to join a highly visible finance leadership team with significant exposure to executive management.
- Competitive compensation package including bonus and comprehensive benefits.
Pay Details: $175,000.00 to $215,000.00 per year
Search managed by: Michele DeGaetano
Equal Opportunity Employer/Veterans/Disabled
Military connected talent encouraged to apply
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