Senior Manager, Corporate Accounting and Reporting

Position Summary

The Senior Manager, Corporate Accounting and Reporting is responsible for:

• Leading the global consolidation and preparation of financial statements in accordance with US GAAP and company policy
• Executing and directing the global accounting for strategic transactions
• Supporting the integration of acquired businesses within reporting requirements
• Overseeing the accounting for numerous, complex accounting requirements
• Providing functional expertise to global businesses.

The Senior Manager reports to the VP, Corporate Accounting & Reporting and has high visibility across the organization. The role collaborates closely with executive management, corporate functional leadership, global operating leadership, auditors, consultants and third-party service providers to ensure the integrity and accuracy of financial reporting and to drive strategic initiatives that enhance the organization's financial reporting framework. Additionally, the Senior Manager is responsible for the hiring, training, evaluation, supervision and professional development of multiple team members, including participants in Parker's accounting leadership development program.

Essential Functions:

• Financial Reporting Leadership: Direct the timely, accurate global consolidation of financial results and the preparation of the consolidated income statement, balance sheet, statement of cash flows and selected management reports in compliance with US GAAP and company policy.
• Consolidation System Ownership: Direct and oversee global consolidation system configuration and processes to ensure reporting that aligns with external and operational reporting requirements, coordinating with IT to ensure proper system maintenance and controls.
• Technical Accounting Leadership: In coordination with the VP, Corporate Accounting & Reporting and Director, External Reporting & Technical Accounting, lead and direct the accurate application of US GAAP for key technical areas including, but not limited to, equity compensation plans, incentive compensation plans, shares outstanding, environmental liabilities, debt, corporate owned life insurance, captive insurance liabilities, workers compensation plans, leases, fixed assets, dividends, currency translation and joint ventures.
• Executive Commentary: Provide analysis and executive-level commentary to Officers on monthly and quarterly results, including analysis of cash flow performance and changes in the composition of inventory balances.
• Acquisition Integration Leadership and Support: Work with acquired entities to ensure timely and accurate reporting of their results in Parker's consolidated financial statements. Serve as a key member of acquisition integration teams, aligning integration efforts with the WIN Strategy, Parker's culture, US GAAP and Parker accounting policies.
• Strategic Transaction Execution: In coordination with global leadership, ensure timely and accurate accounting and reporting for strategic transactions, including divestiture carve-outs, debt offerings, compensation plan modifications and share repurchases.
• Parker Accounting Functional Leadership: Guide and support global finance and accounting leadership and other global functions on US GAAP technical matters, corporate accounting policies and operational accounting procedures.
• External Collaboration: Coordinate with external auditors on significant accounting matters, facilitating effective communication, timely resolution of issues and alignment on reporting conclusions.
• Ownership of Chart of Accounts: Maintain and govern the global chart of accounts, ensuring alignment with evolving global reporting and operational requirements.
• Internal Controls Compliance and Data Integrity: Ensure compliance with internal controls and data management policies within assigned areas of responsibility, fostering a strong culture of accountability.
• Team Development: Lead, mentor, and develop a high-performance team of accounting professionals, promoting collaboration, customer service and excellence in accounting and reporting.
• Process Improvement Initiatives: Champion initiatives to automate and simplify accounting and reporting processes, leveraging technology to enhance productivity, data quality and internal controls.

Qualifications:

• Education: Bachelor's degree in accounting or related field; advanced degree (MBA or master's in accounting) preferred.
• Certification: Active CPA or CMA license is strongly preferred.
• Experience: A minimum of ten years of progressive accounting experience, including experience with global consolidation and technical US GAAP accounting. Prior experience in a large, complex, or multinational organization is strongly preferred; public accounting or audit experience is a plus.
• Technical Expertise: Strong understanding of US GAAP technical accounting principles and operational accounting practices, with a proven track record of applying these principles and practices.
• Leadership Skills: Proven ability to lead and develop high-performing teams in a global, matrixed organization. Strong interpersonal, organizational and teamwork skills.
• Strategic Thinking: Ability to influence and partner with senior leaders and cross-functional teams to drive business results and strategic initiatives.
• Analytical Abilities: Strong problem-solving, analytical, and critical thinking skills, with the ability to manage multiple projects simultaneously.
• Systems Proficiency: Deep knowledge of financial systems and consolidation tools. Experience with SAP FC, OneStream and SAP S/4HANA preferred; adaptable to new technologies.
• Attention to Detail: Commitment to accuracy, quality and compliance in financial reporting.

Parker Hannifin

Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century, we've enabled engineering breakthroughs that make energy cleaner, transportation safer, medical treatments more effective, and manufacturing more efficient.

With empowered team members in more than 40 countries, Parker serves customers across aerospace & defense, energy, HVAC & refrigeration, in-plant & industrial equipment, off-highway and transportation.

Our scale is global, but our purpose is personal. We enable breakthroughs that improve lives, strengthen communities and create a brighter future.

Our Purpose - Enabling Engineering Breakthroughs that Lead to a Better Tomorrow - comes to life through our people-first culture where teamwork drives performance, inclusion fuels innovation and growth is encouraged. This environment fosters collaboration and empowers team members from engineering and manufacturing to finance, supply chain, human resources, information technology and beyond.

By combining deep expertise with an entrepreneurial spirit, we help customers succeed in markets that demand performance, reliability, and sustainability.

As we look to the future, Parker is advancing initiatives in energy efficiency and sustainability while developing the next generation of talent and leaders to engineer a better tomorrow.

Equal Employment Opportunity

Parker is an Equal Opportunity and Affirmative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. Citizenship, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations.

("Minority / Female / Disability / Veteran / VEVRAA Federal Contractor")

If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to Employees & Job Applicants | U.S. Equal Employment Opportunity Commission