Manager of Accounting and Reporting

Manager of Accounting and Reporting – Methode Electronics

Methode Electronics is seeking a Manager of Accounting and Reporting to support the Company’s technical accounting, external financial reporting, and global consolidation processes. This role will be hands‑on in preparing and filing SEC reports, assisting with technical accounting research, and ensuring accurate and timely global consolidated financial statements. You will also assist in implementing and ensuring compliance with accounting policies and collaborate cross‑functionally with finance, legal, IT, and the business leadership team to drive process improvements.

The Manager will work closely with internal and external auditors, and the global finance teams to ensure compliance with U.S. GAAP, SEC regulations, and internal controls. This is an ideal opportunity for someone who thrives in complexity and is motivated to be part of a best‑in‑class accounting and reporting team at a company undergoing meaningful transformation and growth located in Southfield, Michigan.

• Responsible for the consolidation, preparation, and reporting of external basis financial statements prepared in accordance with U.S. GAAP and compliant with SEC regulations.
• Responsible for planning and coordinating monthly, quarterly, and year‑end close activities.
• Required to proactively partner with other finance personnel on a global basis to ensure all close related activities are accurately completed on a timely basis.
• Oversee the monthly global consolidation process in One Stream, including intercompany eliminations, foreign currency translation, integrity of equity accounts, and preparation of consolidated financial statements.
• Prepare and/or review journal entries, analyses, and reconciliations for consolidation entries, including intercompany loans, dividends, and distributions.
• Collaborate with global finance teams, including corporate groups such as tax, treasury, and legal, to substantiate changes in equity balances and process or review USD overrides.
• Coordinate push-down of top-side journal entries to business units’ general ledger in the subsequent month.
• Perform analytical reviews of operating results to ensure the accuracy of accounting records.
• Oversee the process of gathering data from subsidiaries ensuring completeness of the monthly consolidation and related quarterly financial statement information.
• Support system updates and improvements to consolidation processes.
• Actively engage in designing a system to meet all external financial reporting requirements.
• Prepare and/or review corporate journal entries for complex technical accounting matters, such as corporate debt, stock‑based compensation, and corporate prepaid expenses.
• Manage the preparation of SEC filings, including, but not limited to Forms 10-Q, 10-K, and registration statements.
• Prepare and/or review supporting schedules, tie-outs, and disclosure checklists.
• Propose and implement enhancements to the reporting process.
• Ensure accuracy and completeness of financial statement footnotes and MD&A sections.
• Coordinate and/or review XBRL tagging, either internally or through a third‑party, as required for filings with the SEC.
• Coordinate with cross‑functional teams to gather information for disclosures.
• Assist in preparing and reviewing information for earnings releases and investor presentations.
• Research and document accounting treatment for specific transactions under U.S. GAAP (e.g., revenue recognition, leases, stock‑based compensation, debt, derivatives, acquisitions, impairment testing of long‑lived assets).
• Draft technical accounting whitepapers to document accounting conclusions and accounting policies for review by management and external auditors.
• Support accounting for goodwill, equity, and liability transactions, with particular emphasis on long‑lived asset impairment triggering events, stock‑based compensation, and debt arrangements, ensuring accurate valuation, classification, and reporting in accordance with U.S. GAAP.
• Support accounting for financial derivatives and other complex financial instruments, ensuring proper recognition, measurement, and disclosure in financial…