Senior Manager, Global Consolidations

Job Description:

Title:Senior Manager, Global Consolidations

Reports to:Director of Corporate Accounting

Location:Norwalk, CT USA

Relocation: No

Travel: Minimal to no travel is expected

About the Position:

Lead the financial consolidation process for the Terex Corporation globally ensuring timely and accurate preparation of consolidated financial statements in compliance with US GAAP.

What you'll do

Responsibilities:

• Review and validate consolidation adjustments, including eliminations of intercompany profit in inventory, intercompany transactions, and balances.

• Prepare and review monthly, quarterly, and annual consolidated financial statements, ensuring accuracy and completeness.

• Conduct variance analysis on consolidated financial statements, identifying key drivers and providing insights for management.

• Collaborate with Treasury, Legal and Tax to address all accounting concerns and impact of intra-legal entity transactions.

• Collaborate with FP&A to align financial reporting with budgets, forecasts, and strategic objectives.

• Serve as the point of contact for external auditors regarding consolidation-related matters.

• Present financial data and insights to senior management, addressing queries and supporting strategic decision-making.

• Manage, coach, and mentor a team of consolidation specialists to ensure high performance.

• Foster a culture of continuous improvement and identify opportunities to enhance the consolidation process through automation, tools, and best practices.

Skills & Competencies:

• Understanding of internal control elements.

• Strong problem solving and resolution abilities.

• Clear and effective written and oral communication skills.

• Ability to meet strict deadlines

• Excellent customer service skills and attitude.

• Unquestionable ethics and integrity with high degree of transparency and trust.

• Strong knowledge and expertise with Microsoft Office Products, specifically with Excel, Outlook, and Word.

What you'll bring

Required Qualifications:

• Undergraduate and/or graduate degree in Accounting or Finance

• Minimum of 10 years of experience in financial consolidation, with a strong background in US GAAP-compliant group reporting.

• In-depth knowledge of US GAAP standards, especially those relating to consolidation (e.g., ASC 805 Business Combinations, ASC 810 Consolidation, ASC 830 Foreign Currency Matters).

• Excellent analytical skills with the ability to interpret financial data and provide insights.

• Proven ability to lead and mentor a team, fostering a collaborative and high-performance work environment.

• Strong communication and presentation skills, with the ability to convey financial insights to senior management.

• Ability to identify issues in consolidation processes and implement effective solutions.

Preferred Qualifications:

• Experience with consolidation software and ERP systems is highly preferred (e.g., Hyperion Financial Management, OneStream)

• CPA and/or CMA designation preferred, but not required.

Salary: The salary range for this position is $146,400 - 219,600 annually. In addition to base salary, this position is eligible for a performance bonus and/or long-term incentive. All eligible Team Members will be offered health insurance (medical, dental, vision, Rx), life insurance, accidental death & dismemberment (AD&D), short-term and long-term disability, extended leave options, paid time off, company holidays, 401k matching, employee stock purchase plan, legal assistance, wellness programs, tuition reimbursement and discount programs.

Why join us

• We are a global company, and our culture is defined byour Values - Integrity, Respect, Improvement, Servant Leadership, Courage, and Citizenship. Check out this video! The Terex purpose

• Safety is an absolute way of life. We expect all team members to prioritize safety and commit to Zero Harm.

• Our top priority is creating an inclusive environment where every team member feels safe, supported, and valued.

• We make a positive impact by providing innovative solutions, engaging our people, and operating in a sustainable way.

• We are committed to helping team members reach their full potential.

• Through innovation and collaboration, our vision remains forward-looking, and we aim to be a catalyst for change, inspiring others tobuild a better world for generations.

• For more information on why Terex is a great place to work click on the link! Careers | Terex Corporate

If you are interested in an open position but feel you may not meet all the listed qualifications, we still encourage you to apply.

About Terex:

Terex Corporation is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. We design, build, and support products used in maintenance, manufacturing, energy, minerals and materials management, construction, waste and recycling, and the entertainment industry. We provide best-in-class lifecycle support to our customers through our global parts and services organization, and offer complementary digital solutions, designed to help our customers maximize their return on their investment. Certain Terex products and solutions enable customers to reduce their impact on the environment including electric and hybrid offerings that deliver quiet and emission-free performance, products that support renewable energy, and products that aid in the recovery of useful materials from various types of waste. Our products are manufactured in North America, Europe, and Asia Pacific and sold worldwide.

Additional Information:

We are passionate about producing equipment that helps improve the lives of people around the world and providing our team members with a rewarding career and the opportunity to make an impact. We are committed to recruiting, engaging, developing, and retaining team members at all levels of our global workforce. Our culture is defined by our Terex Way Values - Integrity, Respect, Improvement, Servant Leadership, Courage, and Citizenship. Our values are the driving force behind our commitment to maintain an inclusive, supportive, non-discriminatory, and safe workplace for all team members. To that end, we are committed to actively foster a culture where every team member feels valued, listened to, and appreciated. We are committed to being fair and impartial in our decisions.As an Equal Opportunity Employer, employment decisions are made without regard to race, color, religion, national origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law. If you are a qualified individual with a disability, including disabled veterans, you may request a reasonable accommodation if you are unable or limited in your ability to access job openings or apply for a job on this site as a result of your disability. You can request reasonable accommodations by contacting the recruiting department (person or department) atGlobaltalentacquisitions@terex.com.

The Company offers competitive salaries, advancement opportunities, and a full range of benefits, including paid vacation, 401(k), medical, dental, and vision.