Senior Manager, Corporate Accounting and Reporting

Position Summary

The Senior Manager, Corporate Accounting and Reporting is responsible for:

• Leading the global consolidation and preparation of financial statements in accordance with US GAAP and company policy
• Executing and directing the global accounting for strategic transactions
• Supporting the integration of acquired businesses within reporting requirements
• Overseeing the accounting for numerous, complex accounting requirements
• Providing functional expertise to global businesses

The Senior Manager reports to the VP, Corporate Accounting & Reporting and has high visibility across the organization. The role collaborates closely with executive management, corporate functional leadership, global operating leadership, auditors, consultants and third-party service providers to ensure the integrity and accuracy of financial reporting and to drive strategic initiatives that enhance the organization's financial reporting framework. Additionally, the Senior Manager is responsible for the hiring, training, evaluation, supervision and professional development of multiple team members, including participants in Parker's accounting leadership development program.

• Financial Reporting Leadership: Direct the timely, accurate global consolidation of financial results and the preparation of the consolidated income statement, balance sheet, statement of cash flows and selected management reports in compliance with US GAAP and company policy.
• Consolidation System Ownership: Direct and oversee global consolidation system configuration and processes to ensure reporting that aligns with external and operational reporting requirements, coordinating with IT to ensure proper system maintenance and controls.
• Technical Accounting Leadership: In coordination with the VP, Corporate Accounting & Reporting and Director, External Reporting & Technical Accounting, lead and direct the accurate application of US GAAP for key technical areas including, but not limited to, equity compensation plans, incentive compensation plans, shares outstanding, environmental liabilities, debt, corporate owned life insurance, captive insurance liabilities, workers compensation plans, leases, fixed assets, dividends, currency translation and joint ventures.
• Executive Commentary: Provide analysis and executive-level commentary to Officers on monthly and quarterly results, including analysis of cash flow performance and changes in the composition of inventory balances.
• Acquisition Integration Leadership and Support: Work with acquired entities to ensure timely and accurate reporting of their results in Parker's consolidated financial statements. Serve as a key member of acquisition integration teams, aligning integration efforts with the WIN Strategy, Parker's culture, US GAAP and Parker accounting policies.
• Strategic Transaction Execution: In coordination with global leadership, ensure timely and accurate accounting and reporting for strategic transactions, including divestiture carve-outs, debt offerings, compensation plan modifications and share repurchases.
• Parker Accounting Functional Leadership: Guide and support global finance and accounting leadership and other global functions on US GAAP technical matters, corporate accounting policies and operational accounting procedures.
• External
  
  Collaboration:
  
  Coordinate with external auditors on significant accounting matters, facilitating effective communication, timely resolution of issues and alignment on reporting conclusions.
• Ownership of Chart of Accounts: Maintain and govern the global chart of accounts, ensuring alignment with evolving global reporting and operational requirements.
• Internal Controls Compliance and Data Integrity: Ensure compliance with internal controls and data management policies within assigned areas of responsibility, fostering a strong culture of accountability.
• Team Development: Lead, mentor, and develop a high-performance team of accounting professionals, promoting collaboration, customer service and excellence in accounting and reporting.
• Process Improvement Initiatives: Champion initiatives to automate and simplify accounting and reporting processes,…