Ecolab Inc.

Technical Accounting & Reporting Manager

Posted on: 11 Apr 2021

St Paul, MN

Job Description

The Technical Accounting & Reporting Manager is responsible for providing technical accounting guidance to the global finance organization and other corporate functions to ensure accurate and timely financial information in compliance with US GAAP.

A thorough knowledge of US GAAP is a requirement, as well as keeping current with US GAAP authoritative guidance and SEC rule trends and changes, while having the ability to research/document complex transactions, and work with external auditors on technical accounting positions. An understanding of finance and valuation principles is used in oversight responsibilities for global pension reporting, goodwill and long-lived asset impairment testing, and valuation of assets and liabilities in business combinations. Collaborating and communicating with senior and executive level management is a requirement for this high visibility position. The position is also responsible for supporting Ecolabs Public Reporting Team in their preparation of SEC filings, including Ecolabs Forms 10-K and10-Q, as well as other SEC filings.

The Technical Accounting & Reporting Manager is also responsible for managing projects and maintaining relationships with global actuaries, valuation firms, and third-party due diligence teams.

* Provide technical accounting guidance in the identification and application of US GAAP, IFRS, SEC, and other authoritative accounting guidance in support of the companys global finance organization.
* Provide technical accounting guidance to various levels of management throughout the global organization. This includes direct interaction with the Corporate Controller, CFO, global business and finance organizations leaders and controllers, and other functional management (HR, Internal Audit, Corporate Planning, Law, Tax, Treasury, Supply Chain, R&D;, and Corporate Development).
* Provide technical accounting guidance for business acquisitions through active participation as the primary US GAAP expert on the Companys global merger and acquisition due diligence teams. Responsibilities include oversight of purchase price allocations, valuation of identifiable intangible assets, and providing general technical accounting support throughout the acquisition due diligence process. Additional responsibilities include the post-acquisition support of integration activities completed by the global business and finance organizations.
* Frequently interacts with the Companys external auditors in evaluating technical accounting positions and public disclosure matters and supporting the completion of audit procedures under the responsibility of the Technical Accounting and Reporting Team.
* Support the quarterly and year-end public reporting process through oversight of significant footnotes including acquisitions, pensions, and new accounting pronouncements.
* Provide technical updates and training as necessary to the global business and finance organizations, as well as other corporate functions.
* Manage the Companys annual goodwill impairment assessments.
* Manage the Companys global lease measurement and reporting processes, including coordinating with international locations and service centers.

Minimum Qualifications:

* Bachelors Degree in Accounting
* CPA
* Minimum 7 years of recent audit experience, preferably in public accounting firm
* Currently employed in either a public accounting role, or in an industry role that requires current knowledge of technical accounting and public reporting requirements
* Experience in interpretation and application of technical accounting rules and regulations

Preferred Qualifications:

* Experience in accounting for business combinations
* Experience in lease accounting and reporting
* Experience and working knowledge of valuation
* Ability to analyze complex financial matters and understand complex financial models
* Ability to communicate complex topics to a broad range of financial and non-financial managers

Our Commitment to Diversity and Inclusion

At Ecolab, we believe the best teams are diverse and inclusive, and we are on a journey to create a workplace where every associate can grow and achieve their best. We are committed to fair and equal treatment of associates and applicants. We recruit, hire, promote, transfer and provide opportunities for advancement on the basis of individual qualifications and job performance. In all matters affecting employment, compensation, benefits, working conditions, and opportunities for advancement, we will not discriminate against any associate or applicant for employment because of race, religion, color, creed, national origin, citizenship status, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran.

In addition, we are committed to furthering the principles of Equal Employment Opportunity (EEO) through Affirmative Action (AA). Our goal is to fully utilize minority, female, disabled and covered veteran individuals at all levels of the workforce. Ecolab is a place where you can grow your career, own your future and impact what matters.

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles Fair Chance Initiative for Hiring Ordinance and the San Francisco Fair Chance Ordinance.

Ecolab Inc.

St Paul, MN

Ecolab Inc. provides water, hygiene, and energy technologies and services worldwide. The company operates through Global Industrial, Global Institutional, Global Energy, and Other segments. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions primarily to industrial customers within the manufacturing, food and beverage processing, transportation, chemical, primary metals and mining, power generation, pulp and paper, pharmaceutical, and commercial laundry. The Global Institutional segment provides specialized cleaning and sanitizing products to the foodservice, hospitality, lodging, healthcare, government, education, and retail industries. The Global Energy segment offers the process chemicals and water treatment needs of the petroleum and petrochemical industries in upstream and downstream applications under the Nalco Champion name.

This segment also provides additives for drilling and well stimulation, corrosion inhibitors, oil and water separation, scale control, paraffin and asphaltene control, biocides, hydrate control, hydrogen sulfide removal, oil dispersants, foamers and anti-foamers, flow improvers, anti-foulants, crude desalting, monomer inhibitors, anti-oxidants, fuel and lubricant additives, and water treatment.

The Other segment offers pest elimination services to detect, eliminate, and prevent pests, such as rodents and insects in restaurants, food and beverage processors, educational and healthcare facilities, hotels, quick service restaurant and grocery operations, and other institutional and commercial customers.

This segment also produces and sells colloidal silica for binding and polishing applications in semiconductor, catalyst, and aerospace component manufacturing, as well as chemical industries. Ecolab Inc. sells its products through field sales and corporate account personnel, distributors, and dealers. The company was founded in 1923 and is headquartered in St. Paul, Minnesota.