Are you inspired by challenging the status quo? Do you thrive in collaborative environments that drive results? If so, Gates could be for you.
Gates is a leading manufacturer of application-specific fluid power and power transmission solutions. We push the boundaries of material science to engineer solutions that continually exceed customer expectations.
Let's simplify it, think belts and hoses. Found in motorcycles, conveyor belts, cars, tractors, blenders, vacuum cleaners, bicycles, & 3D printers just to name a few. Because why not do it all?
Gates Corporation has an exciting opportunity for a Director of Financial Reporting, to be based at the company's world headquarters in Denver, Colorado or its Technical Research Center in Rochester Hills, Michigan. This is a great opportunity for an experienced controls focused finance leader to take their career to the next level with an innovative, global brand with strong future growth prospects.
In this position, the incumbent will have responsibility for overseeing and improving the Financial Reporting process across a complex multinational company with operations in 30 countries. The role will partner with the CAO, and other corporate and regional Finance Executives to drive efficiency into the Financial Reporting process for both actual results as well as budget/forecasts while improving the accuracy and transparency of financial data. The role will play a critical role in finance transformation initiatives and implement continual improvement processes within the accounting function.
ESSENTIAL DUTIES AND RESPONSIBILITIES: include the following, other duties may be assigned.
Responsible for the preparation and review of all financial reporting, including quarterly, annual and other periodic SEC filings, and UK annual report.
Prepare and review supporting schedules for quarterly and annual filings and being a primary contact for the external auditors during their quarterly reviews and annual audits.
Review and analyze monthly financial results and work with reporting entities globally to understand or correct submitted data to ensure completeness and integrity of the data.
Provide global oversight with respect to Gates' accounting policies. Drive consistency and adherence to these policies across the organization.
Address accounting policy interpretation and application questions throughout the organization.
Lead the evaluation, interpretation, practical application, and implementation of new accounting standards under US GAAP and IFRS. Work with cross-functional stakeholders on accounting policy updates and new accounting policies. Develop training and educate the global accounting organization on new accounting pronouncements and policies.
Technical lead for monitoring and researching new accounting pronouncements and developments relevant to Gates and addressing technical accounting queries from our reporting entities globally, including other corporate finance function leaders.
Maintain a rigorous internal control environment and owning several key control activities.
Finance lead on all matters related to stock compensation reporting, forecasting, pensions and variance analysis.
Review the accuracy and consistency of consolidated financial data in external presentations.
Lead SOX and internal control matters related to the development, enhancement, and documentation of internal controls as well as assisting in remediation efforts as needed.
Continuously assess the risks and global internal control framework. Recommend and implement internal controls that mitigate those risks.
Direct interaction with external auditors on technical accounting matters, memoranda and the Company's application of policy and internal controls.
Provide technical position papers, research and memos for the organization in connection with significant non-routine transactions and new business.
Provide technical accounting and financial insights to support strategic decisions, complex transactions and initiatives including collaborating with business partners such as Treasury, Tax, FP&A, Legal, IT and other teams.
Identify improvements to the current accounting infrastructure to streamline the delivery of accurate financial information.
Provide support and analysis to the executive team and other functions in relation to earnings calls, market guidance, and major debt and equity transactions.
Lead the implementation of IFRS, including identification and research into GAAP differences, managing the collection and reporting of data needed to quantify GAAP adjustments, preparing IFRS financial statements and embedding processes for ongoing IFRS compliance and reporting.
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Gates is an Equal Opportunity and Affirmative Action Employer and is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of race, sex, color, religion, age, disability, pregnancy, citizenship, sexual orientation, gender identity, national origin, protected veteran status, genetic information, marital status, or any other consideration defined by law.
While performing the duties of this job, the employee is frequently required to sit; use hands and fingers to work with objects, tools, or controls; and use office equipment including computers, telephones, and/or copiers/scanners. The employee must frequently lift and/or move up to 10 pounds.
For individuals assigned and/or hired to work in Colorado, Gates is required by law to include a reasonable estimate of the compensation for this role. This compensation range is specific to the State of Colorado and takes into account various factors that are considered in making compensation decisions, including but not limited to the candidate’s relevant experience, qualifications, skills, competencies, and proficiency for the role.