Senior Technical Accountant Job Description
Senior technical accountant
provides annual and periodic bookkeeping and full financial statements preparation for SPV clients and funds according to local GAAP, IFRS, US GAAP and relevant GAAP in EU.
Senior Technical Accountant Duties & Responsibilities
To write an effective senior technical accountant job description, begin by listing detailed duties, responsibilities and expectations. We have included senior technical accountant job description templates that you can modify and use.
Sample responsibilities for this position include:
Research and provide consultation on all new accounting pronouncements and relevant GAAP issues and how they impact the company
Provide technical accounting support to the organization to ensure compliance both with internal policies and procedures, U.S. GAAP
Perform technical accounting research and write white papers on complex accounting transactions including contracts with customers (airline agreements), unique vendor arrangements, marketing agreements, debt offerings, and accounting for new product offerings
Assist with debt compliance activities ad-hoc transactions / projects
Performs a variety of complex accounting analyses including accounting for strategic alliances and business combinations, significant revenue contracts, accounting for contingent consideration liabilities, accounting for financial instruments, and restructurings
You will assess the impact of new accounting pronouncements and help implement them across the company
Complete and deliver designated financial reports and accounting procedures in a timely and accurate fashion by ensuring compliance with regulatory and company requirements
Support team member development by reviewing and analyzing complex accounting issues, communicating feedback to team members, sharing knowledge, resolving questions and providing recommendations on best practices to support the achievement of business objectives
Drive continuous improvement by identifying, developing and implementing process and system solutions, monitoring accounting procedures, proposing automation opportunities, analyzing results and researching discrepancies
Support internal and external audit requests and inquiries by coordinating the completion and review of assigned audit files and identifying, understanding and implementing regulatory and operational changes to accounting policies, procedures and deliverables
Senior Technical Accountant Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Senior Technical Accountant
List any licenses or certifications required by the position: CPA, SOX
Education for Senior Technical Accountant
Typically a job would require a certain level of education.
Employers hiring for the senior technical accountant job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Education, Business, Public Accounting, MBA, Economics, Technical, Communication, Business/Administration
Skills for Senior Technical Accountant
Desired skills for senior technical accountant include:
IFRS
US GAAP
Business combinations
Debt
US GAAP and related experience with accounting research and application
Computer fundamentals
GAAP
GAAP accounting
Insurance and reinsurance products and features
Sarbanes Oxley and internal control concepts
Desired experience for senior technical accountant includes:
Facilitate efficient and effective team operations by reviewing complex accounting transactions, responding to inquiries, assisting with ad hoc requests, sharing knowledge and resources and recommending process improvements
Build relationships with internal and external stakeholders by providing support and guidance for accounting inquiries, ensuring accurate and timely completion of accounting functions and communicating process changes and improvements
Adopt company values in personal work behaviors, decision-making, contributions and interpersonal interactions
Specific experience with various accounting issues or application of accounting guidance a strong plus
Exposure/experience with ERP/GL systems a strong plus but not required
Analyze, research, and evaluate complex accounting issues
Senior Technical Accountant Examples
1
Senior Technical Accountant Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of senior technical accountant. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for senior technical accountant
- Support the financial reporting process as it relates to our external reporting requirements reporting to Senior Management
- Assist in the execution of the SOX compliance program
- Help coordinate the work of internal and external auditors for financial, operational, and compliance requirements
- For specific contracts and transactions, perform thorough research and prepare technical accounting memos to document evaluations and conclusions of the proper accounting presentation and disclosure consequences for review by management and external auditors
- For specific transactions, perform thorough research and prepare technical accounting memos to document evaluations and conclusions of the proper accounting presentation and disclosure consequences for review by management and external auditors
- Complete accounting close activities, including required journal entries and account reconciliations in a well-controlled environment for stock compensation, global bonus, litigation-related reserves and WASO
- Responsibilities may shift as needed with work volume and business needs
- Coordinate the research, documentation and internal and third party review of such information
- Will participate in the research of accounting literature and application of technical accounting standards and analysis to complex or non-recurring business issues and transactions (including acquisitions and dispositions)
- Will assist in the development and evaluation of company accounting policies by monitoring the activities of all accounting standard setting bodies, including FASB, SEC and PCAOB, and evaluating the accounting and reporting impact of new standards, including development of new accounting policies and coordination of adoption of accounting standards
Qualifications for senior technical accountant
- Bachelor's in Accounting, Master's Preferred, CPA highly preferred
- Strong technical research capabilities
- 2-4 years of experience in public accounting, or related industry experience preferred
- 5+ years of experience – blend of public accounting and industry experience strongly preferred
- Experience researching technical accounting issues and preparing memos
- Typically requires a bachelor's or master's degree in accounting, finance or related discipline along with eight or more years of progressive experience in accounting with a bachelor's degree or six or more years of experience with a master's degree
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Senior Technical Accountant Job Description
Job Description Example
Our growing company is looking for a senior technical accountant. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for senior technical accountant
- Responsible for maintaining and updating when considered necessary Ingevity’s Company-wide Financial Standards
- Will be responsible for the accounting and recording of equity based compensation, calculation of diluted earnings per share and basic earnings per share and accounting associated with Ingevity’s employee benefit pension plans
- Responsible for the preparation and reporting of Ingevity’s employee benefit plans as required by the DOL and SEC to coordinate with Human Resources and Legal departments in order to complete the required Form 5500s for all of the Ingevity’s benefit plans
- Assist with the preparation of external reporting to the Securities Exchange Commission (SEC), including Form 10-K, Form 10-Q’s and Form 8-K (earning release)
- Accountability for outside consultants/contractors to assist with SOX responsibilities with other initiatives, as necessary
- Prepare audit schedules that may be requested by the auditors to support our annual audit process
- Prepare internal management reports for the executive team to analyze and review
- Assist the execution of the annual financial statements audit
- Coordinating internal and external audit activities working with external auditors to support company transactions or positions
- Prepare and review monthly account reconciliations
Qualifications for senior technical accountant
- Ability to interpret and apply technical accounting research and conclude on accounting treatment
- Highly organized and able to manage multiple priorities in a fast-paced and dynamic environment
- 2-4 years of SEC accounting experience
- Active CPA with at least 3 years of public accounting experience
- Minimum 3 years of relevant work experience, including technical research skills and financial statement preparation
- Able to manage workflow and meet deadlines and work efficiently with tight deadlines
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Senior Technical Accountant Job Description
Job Description Example
Our company is searching for experienced candidates for the position of senior technical accountant. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for senior technical accountant
- Assist with preparation of various monthly, quarterly and year-to-date financial statements, associated management reporting and analysis
- Demonstrated ability to stay current with emerging financial accounting rules and trends that impact accounting and financial reporting
- Apply technical accounting research to business transactions and prepare accounting position memos and presentations to management on key issues and company impact
- Prepare the Statement of Cash Flows, a key financial statement
- Perform complex and highly judgmental close activities
- Support the revenue team by interpreting and developing models for new multi-element arrangements
- Contribute towards the adoption of new accounting standard updates, including the new revenue recognition (ASC 606) and lease (ASC 842) standards
- Support the process of improving accounting policies and ensuring compliance of those policies through ongoing discussions with key accounting managers and directors
- Identify opportunities to strengthen internal controls as it relates to changes in business models or operating environment
- Support the finance and operational teams and continue to serve as a valued business partner
Qualifications for senior technical accountant
- Have experience of technical accounting and external financial reporting, either in practice or a large organisation
- Problem solving - Identifies and analyzes problems
- Accountability - Holds self and others accountable for measurable high-quality, timely, and cost effective results
- Communication – Provides clear communication to colleagues, management, and other business contacts
- Solid working knowledge of software and database systems used in financial reporting
- Ability to communicate (written and oral) with all levels of management, including executive level
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Senior Technical Accountant Job Description
Job Description Example
Our growing company is looking to fill the role of senior technical accountant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for senior technical accountant
- Perform technical research on complex accounting issues, including drafting memos and position papers, and provide accounting consultation advice to business partners under US GAAP
- Strong understanding and application of US GAAP on all major accounting areas, especially around internal-use software, goodwill impairment, segment reporting and business combination
- Monitor current developments in accounting and financial reporting, and assist with assessing impact of new accounting pronouncements and ensuring compliance with SEC and GAAP reporting requirements
- Evaluate derivative accounting considerations for commercial contracts and transactions
- Review the company’s SEC filings (10-Ks, 10-Qs, 8-Ks)
- Prepares intangible asset and goodwill impairment tests
- Analyze multi-entity general ledger transactions and prepare the corporate consolidations and intercompany eliminations entries for month-end closings
- Reconcile intercompany balance sheet accounts prepare related standard and non-standard elimination journal entries
- Work closely with other corporate departments and regional field operations
- Analyze various general ledger balance sheet and/or income statement accounts
Qualifications for senior technical accountant
- Experience with preparation/review of financial statements for public companies
- Ability to manage own time on daily basis with
- Solid working knowledge of Microsoft Office Excel, Word and Outlook Software
- Public or private tax experience preferred
- Experience with OneSource OTP and OIT preferred
- Experience with SAGE fixed asset software a plus
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Senior Technical Accountant Job Description
Job Description Example
Our innovative and growing company is looking for a senior technical accountant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for senior technical accountant
- Recommend improvements for the corporate consolidation process
- Preparation financial statement footnotes disclosures and consolidated external reporting schedules
- Prepare supporting documentation for external reporting requirements
- Ensure proper financial reporting controls and communications with external auditors
- Prepare the monthly/quarterly consolidated financial statements
- Ensure proper adherence for external reporting and accounting policies and procedures
- Review month and quarter-end close journal entries and accompanying balance sheet reconciliations related to stock based compensation and other personnel related accruals
- Fostered relationships and interface with both internal groups and external groups
- Review monthly estimation of weighted-average shares
- Act as Team Lead for audit cycles
Qualifications for senior technical accountant
- Bachelor’s Degree in Accounting or other related field
- CPA with at least 3+ years of public accounting experience
- Prior experience in a medium to large public accounting firm preferred
- Bachelor's degree in Accounting or equivalent, Master's degree preferred
- 3-5 years of relevant accounting experience, including a minimum of 2 years with a public accounting firm
- Ability to communicate accounting interpretations to management