Bloomberg - New York, NY
posted 4 months ago
The Technical Accounting and Financial Reporting Specialist at Bloomberg Finance plays a crucial role in ensuring the integrity and compliance of the company's financial statements. This position is situated within the Chief Accounting Office (CAO), which is responsible for maintaining the accuracy of financial information and the effectiveness of internal controls over financial reporting (ICFR). The successful candidate will be tasked with conducting technical accounting research, particularly in relation to complex transactions that span both US and global operations. This includes areas such as purchase accounting, revenue recognition, leasing, and fair value measurements. The role requires a deep understanding of both US GAAP and IFRS accounting principles, as well as the ability to communicate complex accounting concepts to various stakeholders, including external auditors. In this position, you will serve as an accounting liaison for acquisitions and dispositions, and will be the primary contact for purchase price allocations and fair valuation projects. You will also be responsible for implementing and maintaining internal controls over the technical accounting research process, ensuring timely resolution of accounting matters, and keeping abreast of new accounting guidance and regulations. This role involves leading training sessions on US GAAP and IFRS matters across the organization and assisting in the preparation of quarterly and annual consolidated financial statements, including the compilation of related footnotes and supporting materials. The environment at Bloomberg is dynamic and collaborative, where you will work closely with CFOs, operational accounting staff, and other teams to ensure robust financial disclosures. The culture encourages innovation and teamwork, allowing you to contribute significantly to the company's financial oversight and performance insights.