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Manager, Accounting

Date: Jun 22, 2019

Location: LAKE FOREST, IL, US, 600455202

Company: Grainger

Grainger is a broad line, business-to-business distributor of maintenance, repair and operating (MRO) supplies and other related products and services. More than 3.2 million businesses and institutions worldwide rely on Grainger for products such as safety gloves, ladders, motors and janitorial supplies, along with services like inventory management and technical support. These customers represent a broad collection of industries including commercial, government, healthcare and manufacturing. They place orders online, on mobile devices, through sales representatives, over the phone and at local branches. Approximately 5,000 suppliers provide Grainger with more than 1.6 million products stocked in Grainger’s distribution centers and branches worldwide.

 

 

 

Primary Function
This individual plays a meaningful role in driving Grainger’s strategy by assuring effective and efficient end-to-end processes and controls in addition to timely and accurate financials. This individual is responsible for leading a team of professionals accountable for delivering standardization, optimization and governance within general accounting areas in the North America region. This role is designed for a finance athlete that likes to dive deep, team apart status quo, understand root causes, and find solutions through process efficiencies or technology/digital means. As an athlete, this individual is expected to move through different roles within Finance.

 

 

 

Principal Duties & Responsibilities

  • Lead a team of 2-5, including recruiting/selection/hiring, objective setting, performance management, coaching/development and training.
  • Serve as North America owner for process design & architecture of general accounting areas and single point of accountability for delivery of objectives and process transformation.
  • Ensure timely, accurate and completeness in the recording and control of all general accounting transactions and perform quality reviews and control analyzes and reconciliations compliant with Grainger controllership policies and risk/control requirements.
  • Ensure general accounting key SOX controls are designed and operating effectively and support the quarterly financial reviews and audits performed by external auditors.
  • Understand and be able to articulate end-to-end processes that impact general accounting.
  • Prepare month-end reporting/analytics (i.e. balance sheet, P&L, cash flow).
  • Identify and transition “back office” responsibilities currently residing in Ops Finance.
  • Design and deploy repeatable general accounting dashboards (e.g., ops metrics, reporting accuracy metrics, controls, close management, others) to properly measure and manage key performance metrics and use to ensure service level targets are achieved.
  • Drive continuous improvement by automating, standardizing, refining general accounting processes using tools; including but not limited to Blackline and middle layer tools and analytics (i.e., data extraction, cleansing, visualization, analysis).
  • Manage relationship with key stakeholders including, Controllership COEs and Shared Services, Business Ops, Ops Finance, FP&A, Treasury, IT, Treasury, Tax, Internal Audit to identify opportunities for collaboration and ensure improvements are sought and implemented.
  • Guide business partners to ensure sound financial decisions and determine root cause of irregularities and solutions to remediate issues.

 

 

Preferred Eduction & Experience

  • Bachelor’s degree in Finance, Accounting, Economics, Business, or STEM fields.
  • CPA, MBA a plus.
  • Public accounting, Corporate Finance, Shared Service or related large public company experience; Big-4 experience a plus.
  • 5+ years of relevant experience; previous management experience preferred.
  • Knack for being a “talent magnet,” including proven ability to coach and mentor others.
  • Ability to lead a team in a complex and dynamic environment and the ability to balance and prioritize multiple projects.
  • Experience with change management – both from a people and process perspective.
  • Strong ability to think creatively, challenge the status quo, deal with ambiguity (building from a clean sheet of paper) and quickly adapt and grow.
  • Experience with driving efficiency or better analytics with digital tools and technologies.
  • Strong financial acumen, including knowledge of connectivity between Profit & Loss, Balance Sheet, and Cash Flow statements.
  • Broad business knowledge, end-to-end thinking, and organizational awareness.
  • Exceptional interpersonal skills and ability to build relationships and foster effective cross-functional collaboration.
  • Excellent verbal and written communication skills. Ability to understand the details and effectively interface and story-tell to Senior Management in a clear and concise manner.

 

 

Work Environment

  • Requirement to work under tight time constraints/deadlines and corporate financial reporting requirements. 
  • Extensive use of PC and office related software.
  • Attention to detail, internal control/audit mindset and high degree of accuracy.
  • Self-starter able to work independently, solve problems, and achieve results while managing multiple priorities.
  • Limited travel may be required.

 

 

Impact
This position has a key impact on the organization by ensuring the timely and accurate accounting for all general accounting transactions.  The Controllership has a critical role in ensuring compliance with generally accepted accounting principles and SEC requirements.  Any error, either in amount or classification, has an impact on the Company’s reported results.  Any error could also cause Company or operating management to take incorrect action.  Furthermore, this position assists management in making informed decisions.

 

 

Working Relationships

Interacts with several teams within Finance and outside of Finance in order to build partnerships that add business value. These partnerships may include:

  • Internal - Interacts regularly with AR/AP, Credit and Collections, Billing, Treasury, Shared Controllership Services, Capital Assets, Tax, Payroll, HR, Legal, FP&A, Ops Finance, Cost Accounting, Internal Audit and Global Internal Controls.
  • External – Interacts with external auditors and various third-party providers/consultants.

 

 

 

Grainger is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, gender identity, sexual orientation, disability, or protected veteran status.

 

 

 


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