Principal, Financial Reporting and Technical Accounting

Chamberlain Group (CG) is a global leader in intelligent access and Blackstone portfolio company. Powered by our myQ technology, we make access simple and secure for millions of homeowners, businesses, and communities worldwide. Our flagship brands, LiftMaster®  and Chamberlain® , are found in 51+ million homes, and 14 million+ people rely on the myQ®  app daily.

This role provides technical accounting and reporting expertise ensuring that the Company is in compliance

with US GAAP and other reporting requirements. The individual will be responsible for collaborating with

business leaders to provide best in class external reporting, technical accounting guidance on business

transactions, assessing accounting ramifications, developing accounting alternatives, and determining and

documenting the appropriate accounting conclusions. In addition, the individual will be responsible for

coordinating with the external auditors. A successful candidate must be able to thrive in a fast paced, global

environment.

Responsibilities

· Research and analyze technical accounting matters impacting the organization; coordinate activitieswith appropriate Finance personnel to apply accounting literature to Chamberlain Group processes and business practices. Prepare position papers and related analyses to support accounting conclusions

reached as required. Participate in complex and unique accounting projects involving a wide range of issues requiring creativity and practicality; develop and present training and other guidance for new accounting standards and other reporting areas of emphasis; training objectives are met through

tailored training that is relevant to Company’s processes and Company audience

· Assume a lead purchase accounting and external reporting role in all phases of business acquisition and disposal activities when required. Includes accounting related due diligence, purchase accounting valuation, including directing fair value specialists as needed and consolidated reporting of acquired entities

· Develop an understanding of new US generally accepted accounting principles (GAAP) and work with other Global Finance Personnel to analyze any potential impact to the Company

· Responsible for the following Company’s significant financial reporting areas; these include investments, software development costs, intangible assets, goodwill, business combinations, discontinued operations, derivatives, debt, leases, equity and other significant, unusual, or infrequent transactions

· Prepare consolidated financial statements and related footnote disclosures to satisfy annual and quarterly external reporting requirements

· Obtain a comprehensive understanding of debt agreements; perform quarterly debt compliance calculations and prepare related certifications

· Calculate and communicate potential intangible asset impairment exposures and lead any fair value analysis required

Collaborate with Corporate Accounting to evaluate significant company-wide reserves and contingencies to ensure estimates are in compliance with US GAAP

· Direct the execution of the annual external audit; including responding to requests and inquiries from external auditors, gathering data from site locations and following up on open issues

· Review trial balances, income statements, balance sheets, cash flows and other reports to ensure completeness and accuracy of accounting results and application of US GAAP; propose corrections to errors and inconsistencies found in financial entries, documents, and reports

· Review complex third-party contracts to ensure proper application of US GAAP as needed

· Comply with health and safety guidelines and rules; managers should also ensure compliance across their teams

· Protect Chamberlain Group’s reputation by keeping information confidential

· Maintain professional and technical knowledge by attending educational workshops, reading professional publications, establishing personal networks, and participating in professional societies

· Contribute to the team effort by accomplishing related results and participating on projects as needed

Minimum Qualifications

· Bachelor's Degree; CPA (Licensed or Registered)

· 7+ years; experience at Public Company or Public Accounting (National) Firm; Consumer Products, Technology or Manufacturing

· Extensive US GAAP knowledge; use of on-line accounting research tools & software

· Occasional travel

Preferred Qualifications

· Master's of Accounting or MBA

· Corporate Accounting

· SAP; SAP Business Planning & Consolidation

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Chamberlain Group wants all of its employees to succeed and encourages people of all backgrounds to apply. We’re proud to be an Equal Opportunity Employer, and you’ll be considered for this role regardless of race, color, religion, sex, national origin, age, sexual orientation, ancestry; marital, disabled or veteran status. We’re committed to fostering an environment where people of all lived experiences feel welcome.  

Persons with disabilities who anticipate needing accommodations for any part of the application process may contact, in confidence [email protected].

NOTE: Staffing agencies, headhunters, recruiters, and/or placement agencies, please do not contact our hiring managers directly.