Technical Accounting Director

Full Time
Deerfield, IL 60015
Posted
Job description
  • Leads the US GAAP accounting and research activities for WBA and underlying businesses with regard to emerging issues and complex transactions. Serves as advisor to WBA Finance Leadership team (including all business-line controllers and senior finance leadership) for complex accounting issues.
  • Serves as liaison with external organizations on complex policy issues and emerging accounting guidance. Directs the coordination of and acts as liaison with external auditors on financial examinations and audits.
  • Leads implementation of significant new US GAAP accounting guidance for the entire company. This includes managing global project, cross divisional operating group, training employees across the globe and working with IT to provide changes to the systems.
  • Identifies and anticipates critical accounting issues and recommends appropriate responses to meet business challenges.
  • Prepares management reports and participates in presenting results to senior management on items regarding technical accounting issues.
  • Prepares or leads the preparation of whitepapers to establish and support the WBA and underlying businesses related technical accounting conclusions and overall recommendations as it relates to technical accounting issues in compliance with GAAP and other external regulations and requirements.
  • Reviews reports supporting internal and external audits. Leads discussions with internal and external auditors on the accounting positions and conclusions.
  • Partners with M&A and Tax departments on complex WBA transactions including business acquisitions and divestitures, equity investments, and complex instruments accounting. Support the due diligence process, lead finalization of accounting conclusions and fair valuation analysis. Support transaction structuring.
  • Implements and leads the global processes around Significant Accounting Matters and other quarterly data requirements.
  • Leads teams on special studies and research/analysis of accounting impact of financial and operational issues. Makes recommendations on courses of action.
  • Ensures internal customer satisfaction through the use of measures and proactive communication.
  • Leads the development and delivery of trainings across the Company’s finance teams on complex accounting areas, upcoming changes in accounting guidance and significant accounting topics for the Company. Partner with the Big 4 accounting firm as well as commercial/finance teams within businesses to bring WBA examples to life in these training sessions.
  • Support the transformation initiatives across the Company (e.g. Transformational Cost Management Program) including the review and conclusion of accounting for the underlying projects and initiatives, determine whether the underlying expenses qualify for non-GAAP adjustments based the Company’s policy as well as SEC guidance.
  • Leads discussion on accounting and reporting matters with industry groups, FASB and SEC. Assist industry group efforts to support development of new GAAP guidance by supporting discussions with FASB.
  • Owns the valuation models for goodwill and intangible assets of the Company and leads the quarterly and annual impairment review processes working with a cross functional team.
  • Point of contact for all WBA Treasury transactions including use of derivatives for hedging the Company’s cash flow and net investment exposures, external debt transactions, internal legal entity restructuring etc.

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