External Reporting Manager (or Sr. Manager)
Direct and lead the preparation of quarterly SEC external reporting requirements to reflect the worldwide financial results of The Toro Company. Specifically responsible for external reporting and technical accounting in compliance with the required standards of the SEC, U.S. GAAP and The Toro Company’s standards. Oversees effective and compliant external reporting and technical accounting processes in support of the finance organization.
Job Duties & Responsibilities:
Provide leadership and direction for quarterly SEC external reporting requirements, including disclosures on Form 10-Q and Form 10-K and other miscellaneous accounting matters. Support the quarterly earnings call process through review of quarterly operating results for upper management
Research and provide direction regarding SEC and FASB pronouncements and technical accounting guidance for business-specific scenario analysis and review and prepare whitepapers, including the adoption of accounting standards updates and other technical areas such as goodwill impairment and segment reporting.
Direct the accounting due diligence process for potential acquisitions and divestitures. Provide oversight for significant purchase accounting assumptions regarding the valuation work associated with acquired assets and assumed liabilities.
Ensure internal controls are designed and operating effectively related to the external reporting and certain corporate accounting processes and as applicable, identify control deficiencies, develop corrective action plans and continually monitor for timely remediation. Partner with internal and external audit to facilitate both interim and annual audit procedures.
Direct benefit plan audits requiring filing on Form 11-K and Form 5500, including the merger of certain defined contribution plans, as needed.
Manage, develop and maintain a team of accountants, providing clear direction, motivation, engagement and career development opportunities.
Bachelor’s in Accounting required, MBA or other applicable advanced degree preferred.
8+ years business accounting experience with emphasis in compliance with SEC, GAAP and FASB regulations.
CPA and public accounting experience required.
Mergers and acquisitions experience preferred.
Excellent presentation, written and verbal communication skills.
Drive for – and proven success in driving – continued improvement of business, function and self.
Leverages technology and systems to drive efficiencies.
Demonstrated project management skills.
Strong leader and coach with focus on career and professional development of staff.
Advanced ERP knowledge/exposure (SAP preferred).
Advanced Microsoft Excel and intermediate Microsoft PowerPoint and Word skill
Other Job-Related Components:
Provide direct leadership to a team of 1-3 accounting professionals.
Provide leadership and expertise to the executive team, disclosure committee, audit committee, and business and corporate finance teams on external reporting and technical accounting topics and new accounting pronouncements released by the FASB and SEC.
Identify and drive efficiency and cost savings initiatives.
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.