Financial Reporting Manager

## Financial Reporting Manager Apply remote type:
Hybrid locations:
North Andover, MAtime type:
Full time posted on:
Posted Todayjob requisition :

**** We’re Watts. Together, we’re reimagining the future of water.
**** We feel proud every day about what we do. We're all part of the same crucial mission, no matter what function we support -- it's to provide safe, clean water for the world, and to protect our planet's most valuable resource.
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* What we do:

** For 150 years, Watts has built best-in-class products that are trusted by customers in residential and commercial settings across the world. We are at the forefront of innovation, working with cutting-edge technology to provide smart and connected, sustainable water solutions for the future. Watts is a leading brand with a quality reputation — and we have a dynamic future ahead.
** Scope of Position
** Watts is seeking a highly motivated, experienced accounting professional to join its corporate accounting team in the role of Financial Reporting Manager. The selected candidate will oversee all aspects of the Corporate General Ledger monthly close, certain technical accounting areas such as leasing, stock compensation and impairment assessments, which are managed centrally and allocated globally, and drive the quarterly and annual external financial reporting (10-Qs and 10-K) and technical accounting projects, together with the other members of the controllership team.

The Financial Reporting Manager will initiate & promote continuous improvement across all aspects of corporate and technical accounting, including monthly close, forecast analysis, technical accounting documentation and SEC reporting. The candidate will be an integral leader in the Watts’ internal quarterly reporting, external reporting and technical accounting. This role reports directly to the Senior Director of Financial Reporting and manages a Corporate Senior Accountant.

This position will also have direct exposure to the Company’s Chief Accounting Officer, financial leadership and other business leaders throughout the organization.

This role is hybrid and is based in Andover, MA.
** Primary

Job Duties and Responsibilities
*** Ensure that company financial reports are prepared in compliance with policies and directives, US GAAP and SEC reporting requirements
* Oversee the corporate close process (review of monthly journal entries and reconciliations) and work to streamline and standardize global processes where possible
* Review Corporate budget and forecasting to ensure appropriate and understand variances to actuals
* Manage the accounting (including technical interpretations and disclosure) and administration of the Company’s stock-based compensation expense and budget
* Manage the global accounting, controls and process requirements (including technical interpretations and disclosure) for the Company’s lease accounting (ASC 842) and software (Lease Query)
* Prepare and review disclosures for the quarterly and annual financial filings with the SEC and providing audit documentation to the external auditors (e.g.  acquisitions, goodwill assessment, segment reporting, debt modification, hedge accounting) and review of financial statements (e.g. cash flow statement)
* Prepare SEC and GAAP checklists for quarterly/year-end close;
* Review XBRL for filings and assist in ongoing maintenance of XBRL compliance
* Provide technical support to members of the Finance and Accounting team on the treatment of accounting issues in compliance with U.S. GAAP and SEC requirements;
Research, evaluate and document technical accounting implications of complex or non-standard transactions
* Maintain accounting policies, including updating or developing new policies to ensure consistency and compliance with GAAP and SEC requirements;
Provide ongoing training of Company’s accounting policies
* Assist in the implementation of new policies and procedures or accounting standards, provide training to the organization, and present to the CAO as required
* Manage relationship with external/internal auditors and consultants
* Participate in SOX compliance efforts in relation to internal financial reporting controls
*…