VP, Corporate Accounting

$170,000 - $200,000/Yr

Arch - White Plains, NY

Full-time - Executive

White Plains, NY

Accommodation

About the position

Arch is seeking a Vice President, Corporate Accounting who will manage the financial activities of four corporate entities and oversee a team of four accounting professionals. This role is critical in ensuring the preparation and accuracy of financial statements, guaranteeing timely delivery of corporate results, and developing allocation methodologies for reporting operating expenses to global affiliates. The Vice President will provide comprehensive financial reporting directly to corporate and segment CFOs, ensuring transparency and understanding of financial data by communicating and reporting financial results to cost center owners. This position is pivotal in developing strategic financial processes, including creating, implementing, and refining financial systems and processes that align with the long-term goals of Arch. The responsibilities of the Vice President include overseeing the preparation, accuracy, and timely delivery of financial reports and analysis to senior management and affiliates. This involves analyzing and reporting corporate financial results to ensure compliance with GAAP, providing comprehensive financial reporting to corporate and segment CFOs on a quarterly basis, and engaging regularly with senior management to discuss financial performance, variance analysis, and strategic recommendations. The VP will also rationalize allocation processes for accurately distributing expenses to global affiliates and perform analysis on expense allocations while communicating with relevant stakeholders. In addition to financial reporting, the Vice President will lead and develop a team of four accounting professionals, providing mentorship and guidance to foster a collaborative and high-performing work environment. Acting as the primary liaison between the services company and global affiliate finance teams regarding expense allocations, the VP will communicate effectively with key stakeholders to explain expense results and variance drivers, ensuring strong communication channels for the flow of financial information across all entities. The role also involves supporting SOX compliance processes and financial audits, ensuring adherence to internal controls, accounting policies, and procedures, and maintaining compliance with tax, legal, and regulatory requirements governing global services agreements. The Vice President will streamline monthly, quarterly, and annual accounting close processes and reporting, lead initiatives to improve financial controls and operational efficiency, and implement best practices for financial management and reporting. Overall, this position is essential for operationalizing accounting systems and processes to deliver continuous improvements.

Responsibilities

• Oversee the preparation, accuracy, and timely delivery of financial reports and analysis to senior management and affiliates.
• Analyze and report corporate financial results ensuring compliance with GAAP.
• Provide comprehensive financial reporting to corporate and segment CFOs on a quarterly basis.
• Engage regularly with senior management to discuss financial performance, variance analysis, and strategic recommendations.
• Communicate and report financial results to cost center owners on a quarterly basis.
• Develop and implement financial strategies to improve reporting efficiency and accuracy.
• Rationalize allocation processes for accurately distributing expenses to global affiliates.
• Perform analysis on expense allocations and communicate with relevant stakeholders.
• Lead and develop a team of four accounting professionals.
• Provide mentorship and guidance to team members, fostering a collaborative and high-performing work environment.
• Act as primary liaison between the services company and global affiliate finance teams regarding expense allocations.
• Communicate effectively with key stakeholders explaining expense results and variance drivers.
• Foster strong communication channels to facilitate the flow of financial information across all entities.
• Support SOX compliance processes and financial audits.
• Ensure adherence to internal controls, accounting policies, and procedures.
• Maintain compliance with tax, legal, and regulatory requirements governing global services agreements.
• Streamline monthly, quarterly, and annual accounting close processes and reporting.
• Lead initiatives to improve financial controls and operational efficiency.
• Implement best practices for financial management and reporting.
• Operationalize accounting systems and processes to deliver continuous improvements.

Requirements

• Bachelor's degree in accounting or finance, or a related field.
• Preferably hold a CPA license, underscoring your commitment to excellence and advanced knowledge.
• 7+ years of accounting experience with a focus on financial reporting and analysis.
• Experience with SOX compliance and financial audits.
• Proficiency in financial management systems.
• Highly proficient in Microsoft Excel and other relevant software applications used for data analysis and reporting.
• Proficiency in PowerPoint, excellent writing skills and effective communication.
• Demonstrated leadership experience, including the ability to mentor and develop team members and drive strategic initiatives.
• Excellent organizational and time-management abilities.
• Proven ability to develop and implement financial processes and strategies.
• Ability to build and maintain strong relationships with internal and external stakeholders.
• Detail-oriented with a focus on accuracy and compliance.
• Strategic thinker with the ability to anticipate and address potential financial challenges.

Benefits

• Incentive eligibility based on performance and role responsibilities.
• Potential for total individual compensation (base salary, short & long-term incentives) to be adjusted based on various factors including geographic location and qualifications.