VP Accounting Operations & Close

Location: Northfield

Job Summary The VP of Accounting Operations & Close is a strategic leadership
 position that is responsible for overseeing and optimizing the global close and
 accounting processes. This leader will ensure the integrity and accuracy of our
 global accounting operations and close processes, compliance with regulatory
 standards, timely submission of results and balances for each close period and
 the sufficiency of our controls environment. The ideal candidate will possess
 strong leadership skills, extensive knowledge of US GAAP and IFRS accounting
 principles including revenue recognition and cost accounting standards, strong
 process improvement mindset, and a proven track record in financial reporting
 within a fast-paced US publicly traded company environment. The role will report
 into the Chief Accounting Officer and requires a strategic thinker with strong
 problem solving and analytical mindset, robust communication skills at every
 level, and ability to operate and lead in a fast-paced environment. In this
 role, the VP of Accounting Operations & Close will need to develop and maintain
 strong partnerships across functions including FP&A, Commercial, Operations,
 Consolidations & Reporting, IT, and the GCC in Pune. They will lead a team of
 skilled professionals, fostering a culture of excellence and continuous
 improvement.

Job Description MAJOR RESPONSIBILITIES Leadership & Management:
 Lead the Global Close, Cost & Balance Sheet Accounting, and Revenue
 Recognition/Gross to Net teams both in the US, dotted line oversight of the EU
 global close teams, and within the Pune GCC, fostering a culture of
 collaboration, continuous improvement and high performance. Develop and mentor
 team members, providing opportunities for growth and professional development.
 Ensure team structure aligns to business needs. Establish clear and achievable
 goals for the team and individual team members and hold each person accountable
 to these goals by providing thoughtful and regular feedback, identifying areas
 or opportunities and highlighting successes. Collaborate on and lead key
 initiatives and process improvement opportunities cross-functionally both within
 the controllership and beyond to drive standardization and process enhancements
 across the organization. Ensure team operates with effective internal controls
 globally. Serve as a key contact for external auditors in facilitating
 completion of the Company’s quarterly reviews and annual audits. Lead strategic,
 tactical and operational planning (24 + months) for the function, including
 direct budgetary responsibility for department and major projects or programs
 Global Close & Accounting:
Responsible for global close process and strategy,
 including the establishment and alignment of a global close calendar and close
 best practices. Work across global teams and cross-functionally to establish
 clear expectations and work to reduce time to close while enhancing quality and
 compliance. Pro-actively identify and lead efforts to simplify and automate
 close and accounting processes to enhance efficiency and reduce errors. Oversee
 the accounting close process and controls across the balance sheet and P&L,
 including the gathering of relevant inputs from stakeholders, recording of
 financial transactions in the general ledger, reconciling of account balances in
 accordance with Medline standards, and ensuring records follow US GAAP
 standards. This includes the accounting for all accruals and liabilities other
 than AP, long lived assets, inventory, other assets, revenue and contract
 balances, key reserves related to contracts with customers, equity accounts,
 etc. Perform regular balance sheet and income statement reviews to ensure
 compliance with US GAAP and Medline Standards, review aged items, identify
 potential errors, and to understand trends and variances by entity. Oversee the
 Oracle submission process, ensuring completeness and accuracy of the ledgers
 within the consolidation system as well as the supplementary information.
 Oversee the accounting for all revenue transactions and reserves, including
 contract review and gross to net accounting processes and controls. Oversee the
 cost and balance sheet accounting areas, including inventory, PPE and leases.
 Participate in and support the planning and forecasting activities led by the
 VP, Corporate FP&A. Compliance & Controls:
Ensure compliance with all relevant
 accounting standards, regulations, and internal policies. Work with GIC team to
 ensure compliance across accounting processes and financial records.
 Pro-actively lead remediation efforts to address timely identified gaps in
 control design or execution. Identify opportunities to streamline processes and
 controls to ensure sustainability and reduce risk of failure. Identify and lead
 training opportunities and team meetings for the accounting and close team to
 ensure consistent awareness of understanding of accounting,…