Methode Electronics, Inc

  • Chief Accounting Officer

    Division Methode Electronics
    Requisition ID
    2018-1762
    Category
    Accounting/Finance
    Location : Location
    US-IL-Chicago
  • Overview

    The Chief Accounting Officer will be responsible for the leadership, development and execution of the company’s global accounting function. Reporting to the Chief Financial Officer, the successful candidate will bring both strategic vision and best-practices to guide the accounting team, coupled with a hands-on and tactical approach to enable effective implementation. The individual will demonstrate strong business judgment applied to routine and complex financial and accounting issues.  The Chief Accounting Officer will be a proven executive with experience leading or significantly contributing to a global high-performing accounting and control organization. Strong business judgment applied to routine and complex financial and accounting practices is essential to this role.

     

    Methode Electronics, Inc. (NYSE: MEI) is an international engineering company headquartered in Chicago, IL, with over 5,100 employees worldwide. Since being established in 1946 as a single-product manufacturer, Methode has since expanded its business into industrial design, manufacturing & distribution and professional services. Our company's vision is to utilize our technical capabilities to deliver unique, turnkey solutions that provide genuine value for our customers and its shareholders. As a global developer of custom engineered, application specific products and solutions, we are able to bring our innovative technologies closer to the customers and markets we serve. Methode’s business is managed on a segment basis, with those segments being, Automotive, Medical, Industrial and Interface. The Company has components in the primary end markets of the automotive, Big Data, white goods, aerospace & defense, consumer electronics and healthcare industries. For additional information, www.methode.com.

    Responsibilities

    • Provide guidance on financial decisions by establishing and enforcing accounting policies, including both external and internal controls.
    • Lead global revenue recognition policies and procedures and ensure consistent and standard revenue accounting in accordance with GAAP with the recent adoption of ASC 606.
    • Ensure consistent implementation of corporate accounting principles and procedures in full compliance with US GAAP.
    • Instill internal controls across the company, including design and testing of a financial control framework.
    • Act as an agent of change to drive improved efficiency within the accounting function and streamline processes and procedures. Optimize and automate accounting processes to drive a more efficient monthly, quarterly, annual close.
    • Stay current with technical accounting, regulatory and financial reporting developments to ensure compliance with current and developing standards and regulations.
    • Assist with acquisition due diligence and post-closing integration.
    • Assess and report on status of existing accounting and reporting standards, procedures, and internal controls to identify areas of improvements.
    • Working with the management SOX manager, proactively review and rationalize the internal control risk-control matrices and offer actionable solutions to make the environment more efficient and robust.
    • Partner effectively with non-accounting / finance team members to drive improved controls and process enhancements.
    • Build a strong accounting organization and develop talent within the team supporting success planning for the organization

    Qualifications

    • 15+ years of experience in accounting, dealing with complex accounting matters, including some experience in a US publicly-traded company
    • International experience working with and/or establishing overseas financial operations and controls
    • Experience with purchase accounting and third-party valuations
    • Knowledge of accounting policy, GAAP accounting and FASB.
    • Outstanding quantitative and analytical skills
    • Strong communication skills both verbally and written
    • Proven track record of managing and developing a team
    • CPA Certification
    • BA/BS in Accounting
    • MBA preferred
    • Relevant cross-functional experience (finance, operations, IT, HR, project management, etc)
    • Willingness to travel as necessary

     

    Work Environment:

    The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

     

    Physical Demands:

    The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee must occasionally lift and/or move up to 50 pounds. Specific vision abilities required by this job include Close vision, Distance vision, Peripheral vision, Depth perception and Ability to adjust focus. While performing the duties of this Job, the employee is regularly required to reach with hands and arms and talk or hear. The employee is frequently required to stand; walk; sit and use hands to finger, handle, or feel

     

    Methode Electronics is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic information and other legally protected characteristics. The EEO is the Law poster is available here: EEO Poster, if you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail torecruiting@methode.com or call (708) 867-6777 and let us know the nature of your request and your contact information.

     

    Methode Electronics is an equal opportunity employer.  We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic information and other legally protected characteristics. The EEO is the Law poster is available here: EEO Poster, if you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to recruiting@methode.com or call (708) 867-6777 and let us know the nature of your request and your contact information.

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