Manager, Financial Operations

Location:

OT999: 1CP - Farmington, CT One Carrier Place, Farmington, CT, 06032 USA

The Manager, Financial Operations supports the Otis World Headquarters Corporate Controllers organization across a broad range of accounting, controllership and financial reporting responsibilities. The role will primarily support Financial Operations while also assisting with Pension and Benefits accounting and other Controller organization priorities as needed. This position is responsible for general ledger accounting, month-end close, account reconciliations, financial analysis, internal controls and special projects.

The Manager will independently research and resolve accounting matters, analyze underlying financial activity, support technical accounting conclusions and work cross-functionally across Otis’ multinational organization to promote accurate financial reporting and effective financial controls.

• Perform and review general ledger accounting activities, including journal entries, transaction research and analysis of account activity.
• Support the monthly, quarterly and annual close processes, including the investigation and resolution of unusual, incomplete or incorrectly recorded transactions.
• Own assigned accounting matters and projects through resolution, coordinating with stakeholders and maintaining appropriate supporting documentation.
• Analyze general ledger activity and underlying transactions across accounts payable, purchase orders and related financial systems to assess accuracy, completeness and appropriate accounting treatment.
• Prepare and review account reconciliations and support the timely resolution of reconciling items.
• Prepare reclassification and correcting journal entries as necessary.
• Support other close and corporate accounting processes within the Controller organization as assigned.

• Prepare account level, departmental and other financial analyses, including the investigation of significant actual-to-plan, actual-to-forecast and period-over-period variances.
• Work with stakeholders to understand underlying business and accounting drivers and develop clear, supportable financial commentary for management review.

• Research accounting matters and support the development and documentation of conclusions under U.S. GAAP.
• Support internal control, compliance, and audit activities, including Sarbanes-Oxley requirements and related documentation.
• Identify control, accounting or process issues and work with stakeholders to develop practical resolutions.
• Drive effective account reconciliation governance, including reconciliation quality, appropriate ownership and timely resolution of reconciling items.

• Assist with accounting and reporting activities related to pension and employee benefit plans.
• Support pension and benefit plan audits, including the preparation of supporting schedules and coordination of audit requests.
• Prepare related financial statement footnote disclosures for SEC reporting.
• Perform or review employee benefit plan reconciliations and related control activities.
• Assist with relevant service-provider control report reviews and related compliance activities.

• Partner cross-functionally with teams across Otis, including global and corporate functions, to support accounting, reporting, and controllership activities.
• Support special projects, process improvements, and emerging priorities across the Controller organization as needed.

• Bachelor’s degree in Accounting, Finance or a related field.
• Five to seven years of…