Technical Accounting Manager Job Description
Technical Accounting Manager Duties & Responsibilities
To write an effective technical accounting manager job description, begin by listing detailed duties, responsibilities and expectations. We have included technical accounting manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Technical Accounting Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Technical Accounting Manager
List any licenses or certifications required by the position: CPA, CFA, CISSP, CISA, CIA, ACCA, IFRS, ICAEW, MBA
Education for Technical Accounting Manager
Typically a job would require a certain level of education.
Employers hiring for the technical accounting manager 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, Business, MBA, Business/Administration, Education, Technical, Public Accounting, Economics, Management
Skills for Technical Accounting Manager
Desired skills for technical accounting manager include:
Desired experience for technical accounting manager includes:
Technical Accounting Manager Examples
Technical Accounting Manager Job Description
- Responsibility of regulatory reporting, development of changes all to ensure the business remains compliant
- Develop strong internal relationships with the Financial Systems Team to ensure a robust reporting process
- Working closely with senior management, providing the business insight to legislation changes and potential risk
- Update, integrate, maintain and communicate both Pratt & Whitney and UTC accounting policies with a focus on contract accounting
- Respond to, solve and make decisions on standard and/or routine business and accounting policy interpretation requests
- Answers and resolves internal and external customer inquiries, including audit inquiries
- Manage preparation of annual pension plan and OPEB financial statements
- Technical accounting – This role will be a key resource in supporting the Corporate Financial Controller’s organization in evaluating non-routine transactions and researching, documenting and communicating accounting implications to the business for both external reporting and management accounting
- Special projects – This role will participate in the team’s technical accounting evaluation of Corporate initiated non-routine transactions (e.g., financing transactions, acquisitions, dispositions)
- External reporting – This role will provide a supportive role during the year-end close to the External Reporting team to assist in the objective of an efficient and shorter close cycle
- Report monthly to the headquarters in overseas and operational teams
- Proven excellence in APAR, GL, closing, reporting, journal entries, etc, with a special focus on international and Japanese tax
- Background with cost-control
- Ability to work well with all levels of management and peers
- Experience in a technical accounting body within a Big Four
- Able to read and understand complex and/or unusual transactions/contracts and identify issues, conduct research and draft technical memos
Technical Accounting Manager Job Description
- Act as the subject matter expert on GAAP and SEC regulations
- Performing Sarbanes-Oxley control reviews
- Researching and analyzing technical accounting and financial reporting issues, assessing impact to organization, and formalizing positions and recommendations
- Assisting with the preparation of all footnote disclosures (10-K and 10-Q) all non-financial sections of the 10-K
- Manage all aspects for foreign exchange accounting
- Evaluate and implement new accounting guidance
- Assist with the accounting integration for acquisitions
- Review and evaluate allowance for doubtful accounts
- Executive compensation and incentive plan calculations and accrual review
- Assist with accounting and policy training for the global finance team
- Handle the balance sheet to guarantee precise monthly, quarterly, annual closing and reporting , keeping in line with internal and statutory compliance
- Draft new and revised accounting policies
- Research SEC and FASB rules & regulations to address accounting & disclosure requirements
- Provide support and analysis to management for operational decisions including potential acquisitions
- Sufficient understanding and focus on the design and operating effectiveness of internal controls and ability to implement internal controls and policies when needed
- Provide assistance on ad-hoc projects and assignments as requested
Technical Accounting Manager Job Description
- Prepare financial reports/statements, footnotes, information and documentation for inclusion in the Bank’s Earnings Releases and external financial reports (“Forms 10-Q & 10-K”)
- Manage the review process of the Bank’s Forms 10-Q & 10-K, including review of tie-out documentation to support reported amounts
- Oversee the preparation of the Bank’s quarterly earnings release, including performing a detailed review of draft and final releases
- Research and author memos to document the Bank’s accounting position related to significant accounting issues
- Serve as an active member of quarterly Disclosure Committee, and as a liaison with internal/external auditors and regulators regarding all financial reporting and general accounting matters, and coordinate the implementation of recommendations
- Supervise and coach staff, including performance management, hiring, training, etc
- Assist in the review of monthly general ledger reconciliations and investigate and clear noted reconciling differences
- Assist the Controller and/or Chief Financial Officer with special projects and other ad-hoc responsibilities as necessary
- Monitors proposed Accounting Standards to assess the impact of the proposal on the Company's financial statements
- Review month end journal entries
- BS degree in Accounting or Finance related area
- Provide technical accounting support on all accounting issues including complex transactions
- Assist with the 10Q and 10K process in terms of select footnotes validation and appropriate disclosures and ensure compliance with SEC rules
- External Audit prime – providing all relevant support documentation to EY for Corporate HQ and coordinate requests from the worldwide teams
- Integration of acquisitions to Company’s policies and accounting close processes
- Ability to work independently with minimum supervision in a team-based environment
Technical Accounting Manager Job Description
- Responsible for coordinating all external and statutory audits
- Manage a staff of professionals with a focus on performance and career development
- Manage SEC reporting and filing process including preparation of all filings (10K, 10Qs, 8Ks, Earnings Release, XBRL)
- Responsibility for share based payment accounting for the Group on a day to day basis
- Responsible for financial statement creation supporting other financial or compliance reporting as necessary
- Own the preparation and review of the Company’s SEC filings
- Lead/participate in special projects/oversight of technical accounting areas as assigned
- OCollaboration with different business functions and teams to perform accounting due diligence on potential transactions
- OEnsuring key stakeholders are aware of contemplated deals and the potential impact on the company
- OOffer key stakeholders with alternative deal structures as needed
- Minimum 7 years experience in accounting and/or auditing working for a public accounting firm or a publicly-held entity, with significant exposure to the financial services industry
- Minimum 5 years of progressive SEC reporting experience, with management experience required
- Superb interpersonal, communication, and collaborative skills required, with the ability to meet strict deadlines
- Strong understanding of application of revenue accounting standard (ASC 605/606) and research skills
- Deep understanding of business drivers and their effect on financial results
- Hedging/derivative experience preferred
Technical Accounting Manager Job Description
- OReviewing and updating corporate chart of accounts descriptions
- Coordinate the documentation of global corporate accounting procedures
- OMeet with key stakeholders to assess impairment and liability adjustments independently
- OPrepare the valuation support for assets and liabilities independently with minimal reviews
- OPrepare schedules of Form 10-K/10-Q documents independently with minimal review
- OReview Form 10-K/10-Q documents in order to address errors and inconsistencies
- Assist the corporate accounting group in maintaining and, where necessary, establishing and documenting effective internal controls and procedures
- Accounting Policy Research and Implementation
- Management and development of small teams
- Follow new and emerging accounting guidance, evaluate potential impacts on the organization
- 5+ years’ experience in Financial accounting and reporting role (Big 4 and SEC reporting experience is a plus)
- Understanding of SEC filing requirements, XBRL and US GAAP, preferred
- General office demands/physical requirements
- ACA qualified accountant, (or international equivalent) ideally from big 4, but not essential
- Must have management/supervision experience in a public accounting firm
- Pharmaceutical industry knowledge a plus