Position Description:
Working for the Chief Accounting Officer, you will lead the day-to-day operations of the Company's Financial reporting, SEC filings and technical accounting workstreams, working collaboratively with corporate and Opco finance teams, and playing a key role in the planning, development, and implementation of a variety of key accounting and reporting initiatives. Career progression opportunities exist within the corporate finance group as well as within the finance groups of our OpCos.
Candidate Profile and Responsibilities:
Lead the company's financial reporting processes, including management reporting and SEC filings, including the consolidations process.
Supervise Free Cash Flow reporting constructs using the direct and indirect cash flow methods
Maintain the company's accounting policies, updating as relevant for new FASB or SEC guidance and supporting application efforts throughout the organization. Serve as a key point of contact for technical accounting inquiries across the company
Lead role in executing the external audit to ensure an efficient and effective outcome.
Partner with corporate development to provide accounting analysis and guidance as requested during diligence for acquisitions, equity investments and divestments.
Lead the accounting integration workstream for M&A activity, including oversight of the purchase price allocation and opening balance sheet, accounting policy alignment, and integration of accounting processes and controls
Lead a variety of technical accounting work, including but not limited to annual impairment testing, lease accounting, valuation, cycle count programs, diluted share calculations and stock-based compensation.
Support SOX efforts at the Opcos and at Corporate to ensure a strong control environment.
Qualifications
Our successful candidate will be an excellent communicator, intellectually curious, and have a strong work ethic, in addition to being a self-starter with the bandwidth to manage competing priorities and work on several key projects at a given time. Further, our successful candidate will have the ability to participate in spirited give-and-take discussions and be a team player who will "do what it takes" to get the job done. It is important that our candidate have strong interpersonal skills with an ability to work with people at multiple levels throughout our organization, including the company's CFO, Chief Accounting Officer, and OpCo leadership. To be a good fit for this opportunity, you will also have/be:
BS or BA Degree in Finance or Accounting and a CPA designation
10+ years of relevant experience
Solid technical background in US GAAP, SOX, SEC reporting requirements, and ability to research, understand and communicate complex technical issues in an effective manner
Operate in a way that never compromises ethics and integrity
Detail-oriented with the objective of consistently delivering high quality work products, while being able to step back to see the big picture
Strong global business perspective with understanding of a multinational organization with multiple business units is preferred
Customer focused in providing timely and accurate financial information to internal stakeholders
Process-oriented with an ability to communicate goals, accomplishments, and next steps at all stages of a project
Ability to assess the impact of new accounting pronouncements on the Company's consolidated financial statements in an accurate and timely manner
Have strong quantitative and analytical skills as well as excellent written, oral, and presentation skills
Be comfortable working in a high-energy, quickly changing, and dynamic environment
NEWCO OVERVIEW
Every day, engineers transform scientific potential into real-world impact, reshaping how we live and work. At this pivotal moment in technology, Fortive is creating a focused, standalone company poised to capitalize on powerful long-term trends with mission critical technologies advancing an electrified and digital future. Our team of scientists, engineers, and technologists is joining forces to pioneer solutions that will shape the future of industry.
Introducing NewCo¹, a global technology company uniting trusted brands solving tough challenges to speed breakthroughs at leading companies, research institutions, and governments, across the semiconductor/communications/diversified electronics, industrial manufacturing, utilities, and aero, defense, and space industries.
NewCo is fueled by a global team of changemakers, committed to continuous improvement and a strong culture rooted in disciplined execution. For more information please visit: https://careers.fortive.com/newco-opportunities/
¹ Official name to be announced soon.
Fortive Corporation Overview
Fortive's essential technology makes the world stronger, safer, and smarter. We accelerate transformation across a broad range of applications including environmental, health and safety compliance, industrial condition monitoring, next-generation product design, and healthcare safety solutions.
We are a global industrial technology innovator with a startup spirit. Our forward-looking companies lead the way in software-powered workflow solutions, data-driven intelligence, AI-powered automation, and other disruptive technologies. We're a force for progress, working alongside our customers and partners to solve challenges on a global scale, from workplace safety in the most demanding conditions to groundbreaking sustainability solutions.
We are a diverse team 18,000 strong, united by a dynamic, inclusive culture and energized by limitless learning and growth. We use the proven Fortive Business System (FBS) to accelerate our positive impact.
At Fortive, we believe in you. We believe in your potential—your ability to learn, grow, and make a difference.
At Fortive, we believe in us. We believe in the power of people working together to solve problems no one could solve alone.
Fortive: For you, for us, for growth.