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External Reporting Analyst

Employer
The Toro Company
Location
Bloomington, MN
Start date
Jan 18, 2022
Closing date
Feb 17, 2022

View more

Category
Other
Job Type
Employee
Employment Status
Full Time

Job Details

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.

Job Purpose:

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.

Job Qualifications:

  • 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

  • CPA required

  • 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.

Company

History
The Toro Company has a pioneering spirit. The company began as Toro Motor Co., an engine supplier for Bull Tractor Co., and survived the tumultuous years of World War I by building steam engines to support the war effort. Toro shifted gears in 1920, changing its name to Toro Manufacturing Co. and refocusing on farming equipment.

In 1921, Toro created the first mechanical golf course maintenance equipment by mounting five lawn mowers behind a Toro tractor to mow the fairways at Minikahda Country Club in Minnesota. As the company expanded further, it established a network of distributors that still exists today. These distributors enhance the professionalism and knowledge associated with the Toro brand.

Toro entered the international marketplace in 1928, shipping golf course and grounds maintenance products worldwide. Throughout the 1900s, Toro developed innovative products to serve homeowners and professionals alike, a growth that continues in the new millennium.

Vision
Toro has a vision for the future and the wisdom of the past. Since 1914 Toro has created innovative, high-quality products that are the best in the turf and landscape market. For us, success is measured not just in numbers but also by the satisfaction of our customers, the preservation and beauty of the environment, and the growth of our employees.

Toro's products are as diverse as our customers. From landscapers and golf course managers to homeowners, grounds and sports field managers and beyond, our equipment is built to satisfy the needs of our customers.

In addition, Toro also gives back to the industry and the communities it serves. Through The Toro Foundation, a portion of every Toro purchase is returned to communities and the turf industry. And The Toro Scholars Program awards scholarships to tomorrow's outdoor landscape industry leaders.

Mission
Toro's mission is to be the leading worldwide provider of outdoor landscaping products, support services and integrated systems. We also explore new opportunities that build revenue growth and sustainability using our core competencies to gain a leading market position.

Environment
Toro is a company with its eyes focused on a future of innovation and growth, yet firmly rooted in its rich heritage. Toro is its people and the commitment that each employee brings to their job. Toro knows that our company's best chance for success is to unleash the potential of our best resource - our people. It's their efforts that have built our company, and that will carry us into the next century.

Benefits
The Toro Company offers a well-balanced benefits program designed to provide a basic level of retirement security and protection against the risks of illness, accident, disability and death. Several of the plans offer the employee flexibility to purchase additional coverage protection at group rates, depending on their individual and family needs. A brief selection of benefits include:

  • Medical Plan
  • Dental Plan
  • Life and Accidental Death and Dismemberment Coverage
  • Disability Coverage
  • Business Travel Accident Coverage
  • Toro 401(k) Employee Investment Savings and Toro Matching Plan
  • Employee Stock Ownership Plan
  • Tuition Reimbursement
  • Health Care and Dependent Care Spending Accounts
  • Vacations
  • Holidays
  • Product Purchase Programs
  • Employee Assistance Program
  • Credit Union
  • Free Parking
Company info
Location
Bloomington
MN
US

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