Description
We’re Hiring for a Manager, Technical Accounting!
If you are excited and passionate about helping #LetsSolveWater, consider joining our team today! Xylem, Inc. is a leading global water technology company servicing more than 150 countries and is dedicated to solving the world’s most challenging water issues. We are looking for individuals to join our mission by exceeding customer expectations through smart sustainable solutions. At Xylem, you will have the opportunity to solve water by participating in our paid Volunteer Program, Xylem Watermark!
THE ROLE: The Manager-Technical Accounting provides U.S. GAAP accounting guidance for Xylem globally, as well as review of accounting for revenue recognition, various management estimates and other complex areas. Responsible for global oversight of Xylem’s defined benefit and contribution plans including coordination with third party actuaries. This role will also be responsible for execution of internal controls and Sarbanes-Oxley compliance. We offer a full benefits package to include Flexible Time Off (FTO) for salaried positions, health, dental, vision, investment savings plan, and additional miscellaneous benefits.
CORE RESPONSIBILITIES: To perform the job successfully, an individual must be able to perform each essential duty satisfactorily.
- Build relationships with global finance teams, serve as technical accounting liaison and provide ad hoc guidance on complex US GAAP matters.
- Monitor and analyze new accounting standards for impact to Xylem, including development and implementation of new policies and procedures as well as updating existing policies.
- Drive standardization and optimization of processes across Xylem through critical assessment to implement best practices.
- Review and advise the global finance team on technical accounting matters, including equity method investments, software capitalization and ASC 606 revenue recognition.
- Responsible for global accounting oversight of Xylem’s defined benefit and contribution plans.
- Coordination with third party actuaries and internal contacts for annual pension plan valuation process.
- Ownership over preparation of plan financial statements and external audit management for defined benefit and contribution plans, ultimately filing with regulatory authorities, including 11-K.
- Direct and assist with accounting process for monthly benefits activities, including account reconciliation and consolidated reporting.
- Assess accounting and reporting for management estimates, including litigation, self-funded insurance, and other areas of judgment.
- Assist in the integration of newly acquired businesses, including preparation of opening balance sheets, valuation documentation and other support.
- Prepare Xylem’s annual impairment tests of indefinite lived intangible assets with third party valuation specialists.
- Prepare footnote disclosures in Xylem’s Form 10-K and Form 10-Q.
- Collaborate with cross-functional teams, such as FP&A, legal, treasury, and operations, to ensure accurate financial reporting and compliance.
- Participate in cross-departmental projects, providing accounting expertise and insights.
- Interface with internal and external audit for areas of responsibility.
- Perform special projects and analyses as assigned by the Senior Director of Technical Accounting and Reporting and Controller, Corporate.
Qualifications- Bachelor’s Degree in accounting or business related field. CPA required.
- Minimum of 3-5 years’ experience in Public Accounting.
- Computer skills necessary, preferably Microsoft Office (Excel, Word & PowerPoint). Knowledge of Oracle, OneStream and Workiva a plus.
- Excellent communication and interpersonal skills.
- Ability to collaborate effectively with cross-functional teams.
- Strong organizational and project management abilities.
SalaryThe estimated salary range at this professional level is $120,000 to $160,000 plus bonus. Starting pay is dependent on multiple factors, such as skills, experience and work location, and is not typically at the top of the range. At Xylem we offer a competitive compensation package with a generous benefit package, including Medical, Dental, Vision plans, Wellness programs, 401(k) with company contribution, paid time off, paid parental leave and tuition reimbursement.
At Xylem, we embrace diversity and strive to create avenues where employees feel valued and appreciated through our DE&I initiatives and Employee Resources Groups (ERG). Xylem is proud to be an Equal Employment Opportunity and Affirmative Action workplace. Xylem prohibits discrimination, harassment of any kind and does not discriminate in employment on the basis of race, color, religion, sex or sexual orientation (including pregnancy and gender identity), national origin, political affiliation, marital status, medical conditions or disability, genetic information, age, or other non-merit factors.
Join the global Xylem team today! Xylem is a team creating advanced technology solutions to the world’s water challenges through developing new technologies and services that will improve the way water is used, conserved, and re-used in the future is central to our work. Our products and services move, treat, analyze, monitor, and return water to the environment, in public utility, industrial, residential, and commercial building services settings. Xylem also provides a leading portfolio of smart metering, network technologies and advanced analytics solutions for water, electric and gas utilities.
Disclaimer: The information listed within this job description is designed to indicate the general nature of work expected for this position and shall not be viewed as a comprehensive inventory of all duties, responsibilities, and qualifications required in this position. Employees must be able to perform the essential functions of the position satisfactorily and if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions of their job absent undue hardship. Xylem reserves the right to modify this job description or assign other duties to this position as needed.
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