Sr Mgr Accounting (Administrative)
The Sr. Accounting Manager for MGX Equipment Services (a subsidiary of The Manitowoc Company) will be responsible for ensuring that the US Distribution business has complete & accurate financial statements that comply with all required corporate policies and US GAAP. This consists of ownership of the chart of accounts and general ledger, ensuring proper revenue recognition treatment including POC accounting, control environment, intercompany transactions, ERP integrations and system management.
Role Responsibilities:
- Responsible for ensuring proper revenue recognition treatment is applied for US Distribution including POC accounting, tracking of deferred revenue transactions and Bill & Hold sales, service contracts, rental purchase option contracts, etc.
- Owner of Upfit and EnCore department accounting including monitoring of special projects, revenue recognition, conducting self-audits of sales transactions, and adjustments via journal entry when required.
- Owner of the chart of accounts and general ledger in the ERP, including ensuring that all system integrations are posting as intended, updating ERP setup as needed and manually clearing integration errors when required. Coordinate overall month-end close process for US Distribution ensuring all required tasks are completed by the corporate deadlines.
- Manage intercompany transactions for US Distribution with all other Manitowoc entities. This includes coding of I/C invoices, I/C account reconciliations, and all required profit elimination activities.
- Ensure that the control environment is functioning as intended and that US Distribution is following all corporate policies. This includes ownership of local policies & procedures, conducting trainings as needed with finance and BU teams, working with IT/Shared Services to maintain approval workflows in the ERP and in BMO Spend Dynamics, and providing support to external/internal audit teams.
Position Requirements:
- Bachelor's Degree – Accounting. CPA preferred with a minimum 5 years of experience.
- Advanced MS Office skills
- Strong working knowledge with ERP systems and financial consolidation software.
- Knowledge of GAAP and current revenue recognition standards; ability to research and explain new standards.
- Effective managements skills with ability to lead a team while also completing individual performance obligations.
- Shows initiative and ability to set priorities, assess risk, and manage a function with a high degree of independence.
- Commitment to coaching and mentoring staff to enhance proficiency, competencies, and long-term development of the team.
- Be adaptable to interruptions during the workday caused by shifting priorities.
- Highly organized with proven ability to balance multiple competing priorities.
- Must be willing to learn and improve processes every month and consistently champions process improvement initiatives.
- Must have strong verbal and written communication skills to foster open communication between the business unit and finance team.
- Possess strong analytical skills needed to analyze various financial transactions of a distribution business to ensure proper financial treatment is applied.
- Ability to focus on the overall objective for a given process or accounting area, while at the same time able to dive into transactional detail if needed to resolve questions or issues.
- Minimal Travel (less than 10%)
What we offer you:
- Competitive total rewards package including benefits beginning on day one of employment
- Continuing education & training – tuition reimbursement and scholarship program for those who qualify
- Onsite fitness center, golf simulator, employee lounge and beautiful walking path
- Onsite café offering variety of breakfast and lunch items
- Monthly team building, engagement events and community involvement
- Work from home every Wednesday
- 11 paid holidays + 3 weeks of vacation that we encourage everyone to use!
- Paid maternity (12 weeks) + paternity (4 weeks) leave
