Accounting Manager

Ahlstrom Nonwovens - Kaukauna, WI

Full-time - Mid Level

Kaukauna, WI

5,001-10,000 employees

Textile Mills

About the position

As an Accounting Manager at Ahlstrom, you will play a pivotal role in managing financial operations across various domains, including financial reporting, general accounting, risk management, and treasury for designated legal entities. Your responsibilities will encompass overseeing the accounting and reporting of fixed assets and capital expenditures, ensuring internal control effectiveness, and maintaining compliance with US GAAP, IFRS, and Group accounting policies. You will be instrumental in managing the monthly and quarterly financial reporting processes, ensuring accuracy and timeliness in reporting for responsible legal entities. In this role, you will manage a team of six accountants specializing in general ledger, accounts payable, and accounts receivable. You will also oversee the fixed asset system, utilizing SAP and Sage Fixed Asset Software to manage capital projects and associated depreciation accounts. Your expertise will be crucial in managing the reconciliation of intercompany payables and receivables, as well as the reporting of quarterly capital investment spending. You will collaborate closely with the Group IFRS team, acting as a Country Hub representative to ensure alignment with corporate standards. Additionally, you will assist in tax reporting, working alongside the US Tax Manager to prepare annual tax packages and resolve any issues related to sales tax returns. Your role will also involve managing daily cash flow reporting, foreign exchange hedging, and ensuring compliance with IFRS 16 lease equipment reporting. You will participate in group initiatives and manage government survey reporting, investment spending data, and balance sheets for annual planning and rolling forecasts. Your analytical skills will be utilized to perform financial analysis as needed for management, along with other related projects and duties as assigned.

Responsibilities

• Manage monthly and quarterly financial reporting and related internal controls for responsible legal entities.
• Oversee the reconciliation of intercompany payables and receivables with multiple group companies, including the monthly/quarterly payment process.
• Manage a staff of 6 G/L, AP, AR Accountants.
• Oversee the fixed asset system within SAP and Sage Fixed Asset Software, including the reconciliation of capital in progress by project along with associated fixed asset and depreciation accounts.
• Book required depreciation entries and capitalization of assets under construction monthly.
• Report quarterly capital investment spending.
• Work directly with the Group IFRS team as a Country Hub representative.
• Assist in preparation of annual tax reporting for internal and external auditors, including local property tax returns related to fixed assets.
• Assist in preparation of required sales tax returns and resolve issues as needed.
• Manage daily overnight borrow/invest determinations for established accounts.
• Manage cash flow reporting as required by Group Treasury.
• Manage foreign exchange hedging as needed.
• Manage books entry payments for revolvers shared with intercompany accounts as needed.
• Manage IFRS 16 lease equipment for financial statement and corporate and tax reporting.
• Participate in Group IFRS team and network.
• Manage government survey required reporting.
• Manage investment spending data and balance sheets for annual plan and rolling forecasts for related US entities.
• Perform financial analysis as needed for management.
• Perform other related projects and duties as assigned.

Requirements

• Bachelor's Degree in Accounting or an equivalent combination of education and experience required.
• At least 8+ years of previous experience in an operational accounting setting required, primarily in fixed asset accounting, cash management, receivables, and payables.
• Prior management experience is required.
• Strong understanding of various tax and depreciation concepts as well as banking concepts.
• Strong understanding of IFRS compliance is necessary.
• Experience using Hyperion Software System, SAP, SAP Business Warehouse, Basware P2P, and Sage Fixed Asset software preferred.
• Excellent oral and written communication skills are required.
• Experience using Microsoft Office products including Excel and Word is required.
• Knowledge of Ahlstrom-Munksjo's Information Security policies and responsibility for ensuring information security when handling information and maintaining or using information systems or information networks.

Nice-to-haves

• Experience with international consolidations and financial statement preparations is preferred.