Technical Accounting Manager Iron Mountain, MI Hu

Hubbell - Iron Mountain, MI

Full-time - Mid Level

Hybrid - Iron Mountain, MI

Electrical Equipment, Appliance, and Component Manufacturing

About the position

Systems Control is seeking a Technical Accounting Manager to join our Integrated Substation Solutions team. As North America's leader in the design and manufacturing of solutions that protect, transmit, and distribute energy, we take pride in our role in delivering energy to those who need it. This position is crucial for managing Systems Control's Sarbanes-Oxley compliance and revenue compliance functions, as well as supporting the monthly and quarterly close processes. The role is hybrid, with a preference for candidates located at our facilities in Iron Mountain, MI, or Des Moines, IA, or at another Hubbell location. The primary responsibility of the Technical Accounting Manager is to ensure that revenue recognition complies with Hubbell policies, internal controls, and US GAAP. This position will oversee the project accounting process and collaborate with various levels throughout the organization. In this role, you will manage functional areas of responsibility, including revenue recognition, ensuring that activities are executed in a timely and accurate manner in compliance with internal controls and corporate policy. You will perform accounting assessments of new contracts to determine revenue recognition in accordance with Hubbell's policies and ASC 606, collaborating with the sales team on MSA/contract language to ensure compliance with standard company policies. Additionally, you will partner with operations and project managers to validate and maintain control documentation for key inputs in the company's over-time accounting model, including providing updates to expected project costs. You will work closely with the accounting and finance team to design effective accounting and reporting processes with a strong focus on internal controls. Staying current with emerging accounting guidance that may impact the business is essential, as is effectively communicating findings to the company's leadership team. You will also serve as a liaison with the Hubbell Corporate accounting team on technical accounting matters, presenting findings, assessments, and alternatives to finance leadership. Month-end close routines, including journal entries and account reconciliations, will be part of your responsibilities, along with partnering with FP&A on forecasting revenue and costs related to projects recognized over time. You will assist with both internal and external financial audit activities and analyze financial transactions for errors or deficiencies, identifying root causes and implementing improvements to prevent recurrences. Special projects may also be assigned as needed.

Responsibilities

• Manage functional areas of responsibility including revenue recognition and ensure activities are executed in a timely and accurate manner in compliance with internal controls and Corporate policy.
• Perform accounting assessments of new contracts to determine revenue recognition in accordance with Hubbell's policies and ASC 606; collaborate with the sales team on MSA/contract language to comply with standard company policies.
• Partner with operations and project managers to validate and maintain control documentation for key inputs in the Company's over-time accounting model, including providing updates to expected project costs.
• Work with the accounting and finance team to design effective accounting and reporting processes with an appropriate focus on internal controls.
• Stay current with emerging accounting guidance that may impact the business, proactively assessing the impact and alternatives, and effectively communicating those findings to the company's leadership team.
• Liaison with the company's Hubbell Corporate accounting team on technical accounting matters, presenting findings, assessments and alternatives to Finance leadership.
• Perform month end close routines, including journal entries and account reconciliations.
• Partner with FP&A on the forecasting of revenue and costs related to projects recognized over-time.
• Assist with both internal and external financial audit activities.
• Assist with requests from both internal and external auditors.
• Analyze financial transactions for errors or deficiencies, identify root causes and remediation plans, and implement improvements to prevent recurrences.
• Special projects as assigned.

Requirements

• Bachelor's degree (B.A or B.S) in accounting, finance or related degree.
• CPA, CMA and/or MBA preferred.
• Senior finance professional with 5-8 years of experience managing technical accounting and accounting and finance related activities.
• Big 4 audit experience is preferred.
• Strong working knowledge of ASC 606, its principles, and the application of these principles to everyday revenue-related transactions.
• Experience with accounting for revenue over-time including utilizing a full cost to cost model.
• Experience with designing and implementing internal controls to mitigate business risks.
• Familiarity with Sarbanes-Oxley control and compliance requirements.
• Ability to effectively identify, diagnose, and communicate the impact of complex business transactions to the company's leadership team.
• Able to work hands on within the various departments of the organization and communicate effectively up the chain of command.
• Willingness and ability to adapt to the rapid business and organizational changes that accompany a high-growth environment.
• Ability to research and prepare internal memos to support conclusions on technical accounting issues by utilizing Accounting Standard Codification and other technical accounting sources.
• Proficient in verbal, written communication, and presentation skills.
• Exhibit a confident leadership presence and can effectively modify presentation styles to all levels within an organization.
• Highly organized with an ability to work well under tight time constraints and simultaneously manage multiple tasks.
• Experience with Syteline, SAP and OneStream preferred.

Nice-to-haves

• Experience with Syteline, SAP and OneStream preferred.