External Reporting Analyst
Come see if the grass is really greener on the industry side! TTC (The Toro Company) is looking for a public accounting professional, or industry accounting/audit professional to join our External Reporting team.This position has the ability to make an impact, and be part of a leading organization continuing to grow its innovative product line.
Key contributor in ensuring the timely and accurate preparation of the company’s SEC filings, providing technical assistance and analysis on external reporting and accounting issues, assistance with SOX compliance, as well as providing support to corporate accounting, including the preparation of journal entries and account reconciliations.
Job Duties & Responsibilities:
Responsible for the analysis and preparation of quarterly SEC external reporting requirements, including disclosures on Form 10-Q, Form 10-K, quarterly earnings release and related Form 8-K filing and other miscellaneous accounting matters. Lead the preparation and analysis of the quarterly disclosure checklist.
Responsible for the analysis and preparation of Form 11-K and Form 5500 associated with benefit plan audits, including collaboration with cross-functional departments and the external auditor.
Stay abreast of SEC and FASB pronouncements and provide analysis and preparation of technical accounting memorandums, detailing the company’s position to ensure proper accounting treatment.
Lead the preparation and analysis of the company’s annual assessment of goodwill and indefinite-lived intangible assets impairment, including the related financial modeling to derive the fair value of the company’s reporting units and indefinite-lived intangible assets, as well as concluding on the appropriateness of the company’s segment reporting.
Participate in acquisition-related purchase accounting and divestiture accounting for subsidiaries sold, including collaborating with external accounting firms and auditors regarding the valuation of acquired assets and assumed liabilities.
Assist in the administration of SOX internal controls related to the processes associated with corporate accounting and external reporting, including partnering with internal audit to ensure adequate financial and operational controls are in place and support the internal and external auditors in their testing of those controls, as well as analyzing outcomes, identifying gaps, recommending solutions, and driving implementation across the department and organization.
Assist in corporate accounting month-end close processes of technical accounting areas such as goodwill, intangible assets, debt, equity, deferred revenues, and stock-based compensation, including reviewing and posting journal entries and completing quarterly account reconciliations of certain general ledger accounts.
BS / BA degree in Accounting
Requires a minimum of 5 years of accounting, external reporting, or audit experience -OR- a minimum of 2 years of public accounting experience
Public accounting (with public companies) and external reporting experience strongly preferred
Working knowledge of SEC reporting and U.S. GAAP rules
Demonstrated understanding of ERP accounting systems and applications (SAP experience helpful.)
Strong written and verbal communication skills
Proactive individual with demonstrated influential leadership skills
Keen eye for continuous improvement opportunities with demonstrated ability to execute and implement change (process improvement, data integrity, clarity of data and messaging)
Proficient in Microsoft Office Suite (Excel, Work, PowerPoint, Outlook)
Proven contribution toward moderately complex projects and work assignments.
Possesses strong knowledge of the Sarbanes-Oxley Act (SOX) and ability to implement business processes required to ensure compliance with its tenets.
Proven ability to manage the major responsibilities, accountabilities and organization of the Corporate Accounting and External Reporting function.
Strong systems acumen and excellent analytical skills.
Other Job-Related Components:
Work is generally both independent and collaborative in nature
Primary relationship with corporate and business finance teams; internal & external auditors; investor relations, human resources, legal, and tax accounting personnel.
Visible role that requires significant interaction and influence with Finance leadership across the company
Limited travel required (less than 10%).
We are proud to be an Equal Opportunity Employer and consider qualified applicants without regard to race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, or other non-merit based factors. We celebrate diversity and are committed to creating an inclusive environment for all employees.